There are many factors that insurance providers take into consideration when calculating your premium. Everything from your age to your driving history and even your zip code play a part in your bottom line payment. But did you know that in most cases the type of car you drive can have a great affect on the price you pay for coverage?
How Does Your Car Type Factor In To Your Insurance Premium?
Whether you’re shopping local or going directly to a national auto insurance provider, the type of car you drive may be a big factor in the amount you pay for your coverage. Insurance providers will use information collected by industry safety reports and customer claims to determine if your vehicle may be a higher risk.
Some insurance providers may charge higher premiums for cars that have been determined to be more susceptible to damage, theft, and driver/occupant injuries. On the other hand, vehicles that show better results may provide their owners with lower rates.
For example, if you own a vehicle that has better than average crash test results and other high safety standards, like the Volvo XC60, you will likely pay less over time for your insurance coverage. But if you drive a vehicle with lower than average safety ratings, like the popular Honda Civic, you may see a spike in your insurance premiums.
Shop Local and Save on Auto Insurance Coverage
The easiest way to save on auto insurance coverage is to do your research before you buy. Take the time to research the vehicle that catches your eye at the dealership before you make an offer. If it doesn’t have the best safety ratings it may cost you more for comprehensive coverage.
With the help of your local, independent auto insurance agents you can easily compare quotes online with multiple national providers to find the best coverage for your needs and your budget. Our team is ready to help you cover all the bases when it comes to insurance shopping online. We’ll be there with you through every step of the process to make sure you know exactly what your policy covers and what you’re paying for.
Don’t get caught without the right level of coverage when you need it most. Instead, compare quotes online with your local insurance agency and save on your next policy.