As most drivers know, the car that you choose to drive has a major impact on your car insurance premiums. Safer vehicles cost less, while more dangerous vehicles – or at least, the vehicles that are driven more dangerously on average, tend to cost much more. This makes perfect sense for your auto insurance company. They want to accurately assess the possibility of a claim, and build actuarial tables to find these possibilities. Car choice is a big part of that. However, it’s possible to find low cost, high value, comprehensive coverage for any car with a few of the right techniques.
Reducing Car Insurance Risks
First of all, a driver must take any and all appropriate actions to reduce his or her insurance risks. This can be as simple as parking in a different spot. Regardless of what vehicle you drive, any car will cost more on a policy if you’re parking in a high-theft area without any sort of protection for your vehicle, or if your car is exposed to the elements during serious weather conditions.
Parking in a locked garage is ideal, but many insurance companies will discount your rates if you simply install a car alarm or take other similar actions. Talk to your insurance agent for more information. Be sure to ask him what you can do to keep your car safe, and to avoid any future claims. Most agents will be happy to offer a few words of advice, as they want to offer you a lower rate when it means a lower chance of a car insurance claim.
Look for Quotes Based on the Specific Make and Model of your car
You’ll also pay more for your vehicle if you don’t shop around for the best possible quote before buying your policy. You want to use the market to get car insurance companies to fight over your policy. The best way to do this is to hit the Internet, and collect quotes. Even if you’re driving a fast sports car that costs a pretty penny to insure, you’ll greatly limit your costs by comparing premiums early on.
You should also research your policy at least once a year and each time your premiums change. This will help you to keep costs in line, and you can switch to another insurance company if rates ever get too high. Never assume that your insurance company is the best around just because you’d found a good premium when you’d first signed up for a policy.
The Type of Car That You’re Looking To Insure will Affect your Insurance Pricing
To get the best coverage, you should also understand some of the specific factors that drive the costs of your premiums up. This can involve the car that you’ve chosen, the state that you live in, and, of course, your driving record. Even if there’s nothing you can do about some of these, knowing their effect will make it easier to talk to your insurance agent and hopefully get a more reasonable rate. Be consistent and tenacious, and you should be able to find a great policy that takes these factors into account.