Why does my son’s car insurance charge more for his sports car than my work car, even though he drives much less than I do each year? We live in Florida.

Miami, Florida (FL)

Florida insurance companies normally dislike teenagers in flashy cars because such cars are so easy to drive recklessly compared to old and heavier cars. This results to a higher insurance rate increase for sports car than the increase for a slower, older, and cheaper model. Also, consumer might consider dropping comprehensive and collision coverage. The value of the car also impinges on the cost of insurance. The more expensive your car, the higher your insurance rate is. You have proven yourself as a better more reliable driver over the years and your rates will be lower because of that…and your work car is probably not in the same risk category as your sons car.  Fast cars and teen boys….means risk!  More risk, higher your rates.  Drive a Honda Civic….and get a daughter.