I found a 1986.5 Supra in my local paper that's fully loaded for 5350. IS this car a daily driver and how can i convince my my it's not going to drive our insurance up?

That is a pretty high price. For that kind of money it had better be in mint condition with a fresh turbo motor in it.

The Supra makes a nice driver. The stock suspension makes for a nice ride and the seats are rather comfey. The Supra is more touring car than pure sports car, however you can expect the insurance company to charge a bit more for it than a Corolla.