Why are my car insurance rates so high? All of this helps a lot. I should add too that I own my home. I guess the biggest factors are the fact that I'm a male under 25 with no credit because I never financed anything. I can't afford school, so I'm not getting any student discounts. I just thought it was crazy she could get liability on her 03 Mazda for $60/mo after wrecking her Stratus and the SAME company told me I would have to pay $130+/mo for liability on my Corolla. I do appreciate all of the answers and all of the suggested sites from everyone though. I'm still shocked that someone would have to pay $600/mo... Then again, it doesn't surprise me much since some companies quoted me around $300 with several factors in favor of me. Thanks for the answers though."