Insurance
Car Insurance And Car Shopping: Why Is The Insurance So High?
So you want to buy a car and you're looking for a good deal. But while you're thinking about a low sticker price, good gas mileage and reliability, don't forget about car insurance. You car insurance costs could vary wildly depending upon the car you buy -- even if it's an inexpensive car. Here are some of the reasons why.
Car insurance rates are based on a number of factors including your age and driving record, where you live, the coverages and deductibles you get and the type of vehicle you drive.
Now, just because you're driving a small economy car instead of big pickup truck doesn't mean that your insurance won't be high. That's because insurance companies rate different vehicles by their claim histories.
For example, certain cars tend to be stolen more than others. Foreign-made economy cars might cost more to repair. Same with cars that have a lot of extra features and safety devices.
Some cars may be more expensive to insure in one part of the country than another -- especially if you live in a high-crime area.
Of course, there are a lot of factors to consider when you buy your car. Just make sure to look at the insurance costs as well. Take a look at different manufacturers that offer a similar model of car that interests you.
Once you've researched some cars and found models that you're interested in, get some comparison car insurance quotes. Try to get at least three different quotes. You may find that one manufacturer's model is less costly to insure than another, which can help you make your decision.
Scott Lunt is a freelance writer with over 15 years experience writing insurance-related articles. You can compare car insurance quotes and find more tips on saving on car, home, life, health and long-term care insurance at LowerYourInsurance.com. |
Scott Lunt
Tags: car insurance, online auto insurance quote, cheap auto insurance quote, buying new car, buying carSimilar articles
California Motorcycle Insurance
There are several insurance companies that cater to all kinds of motorcycle insurance in California. They offer dozens of useful hints that save you a lot of dollars. Read more →Car and Home Insurance Northern Ireland
Don?t skimp on insurance. This probably doesn?t sound like a way to save money. But keep in mind the purpose of insurance is to transfer to an insurance company the financial risk you can? Read more →Car Insurance And Comprehensive Coverage: Is It Worth It?
When you're shopping for car insurance, the choices you make for coverages can affect the premium you pay. One of those choices is deciding whether you should get comprehensive coverage or just collision. Read more →Car Insurance Discounts
Trying to save money wherever you can is important to us all. Insurance should be no different. Do not assume that your agent knows everything about you and your vehicle. Read more →Aphorism
The easiest and surest way for a fund to achieve the top quartile in investment performance among peer funds is to achieve the bottom quartile in expenses.
John Bogle