An 18-year-old Nevada driver faces monthly insurance payments of $814.31 on a 1992 Ford F-150, despite claiming a clean driving record and carrying only the state’s minimum required liability coverage.
The driver shared a screenshot of the payment schedule on Reddit, showing five upcoming payments between November 2026 and March 2027. At that rate, a full year of insurance would cost approximately $9,772.
The driver said they had already paid a little over $300 for their first month of coverage. However, they plan to move to another state before the November 1 payment comes due and arrange different insurance coverage.
The price is particularly striking given the truck’s age. The owner joked that the 34-year-old Ford was worth little more than a cheeseburger without pickles, yet a single monthly insurance bill could represent a substantial portion of the vehicle’s value.
Expensive Basic Coverage
My insurance on a 34 year old car at 18
by
u/Firedrgn0717 in
mildlyinfuriating
The driver identified Progressive as the insurer and said the truck is owned outright, with no remaining payments. They also claimed they had never received a traffic ticket, been in a crash, or even been pulled over by police.
In response to questions about their insurance history, the driver said they had carried Liberty Mutual coverage for about two months before canceling the policy. They also reported having little or no credit history.
The driver said they contacted Progressive about pricing but did not receive a helpful explanation. Their immediate concern was securing coverage and registering the truck before traveling more than 1,000 miles to another state.
Why Insurance Costs More
A vehicle’s market value is only one consideration when determining insurance premiums. Even an inexpensive pickup can be costly to insure because liability coverage pays for injuries and damage to other people, not repairs to the policyholder’s vehicle.
According to the National Association of Insurance Commissioners, insurers evaluate factors including age, driving experience, location, credit history, previous insurance coverage, and the type of vehicle being insured.
A driver with no traffic violations can still face expensive premiums because they have limited driving experience. A previous policy cancellation and limited credit history may also influence pricing, depending on the circumstances and applicable state regulations.
Nevada requires minimum liability limits of $25,000 for bodily injury to one person, $50,000 for injuries to multiple people, and $20,000 for property damage in a single crash.
Those minimum limits do not cover damage to the insured driver’s own truck.
Looking For Alternatives
The Reddit discussion prompted questions about whether the truck could qualify for classic-vehicle insurance, but the owner said they drive too frequently for that arrangement.
Other commenters questioned the unusually high premium and suggested comparing quotes from additional insurance providers.
The screenshot shows the scheduled amounts and dates, but it doesn’t explain how Progressive calculated the premium. The driver’s personal insurance details and reported clean record have not been independently verified.
It remains unclear whether moving to another state will result in a more affordable insurance policy.