Types of Cars That Lead to Cheap Car Insurance
One of the single most important factors that determines how much people pay for car insurance is the type of car they
drive. Obviously, the more the car costs, the higher the insurance payments will be, but there is more to it than that. Car
insurance companies also factor in things such as the speed of acceleration, safety ratings, make, model, and year. Cars
that are safer to drive and a couple years old are going to cost less than a car fresh off the lot.
What really Matters:
- Car Price - Buy an expensive car, pay higher premiums. Buy an inexpensive car, save on car insurance; it's that simple
- Acceleration Rate - Cars that go faster tend to be driven faster, which reduces control over the car and increases car insurance costs.
Choosing a sedan over a muscle car will save you money
- Model - Besides sports cars, some automobiles cost more to insure due to various reasons, such as cars that are stolen or ticketed the most
[See: Most Stolen Cars | Most Ticketed Cars]
- Year - Generally, the older the car, the less it costs to insure it
- Safety - Cars that receive higher safety ratings usually cost less than other cars, simply due to the fact that the chance for bodily harm is reduced