How to Choose a Car That’s Affordable to Insure

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Most people buy a car based on the way it can work for their needs. You want a car that’s reliable, safe, and fully featured. Yet, you also have to factor in the cost of auto insurance. If you do not, you may get a surprise later to learn the policy is just too expensive for you. To avoid this type of situation, consider what features can help you save on auto insurance. Do this while buying your next car. Here is where to start.

Do Some Research on the Make and Model Of the Car

Most often, it is possible to get a basic estimate of the cause of car insurance by just speaking to your agent before you buy the car. You can also do some additional research to verify the typical cost of coverage for the make and model.

One key area to look at is the vehicle’s safety rating. A vehicle that is “safer” to drive is often one that is less expensive to insure. The National Highway Traffic Safety Administration provides a great deal of support for you in this way. You can use the tool on their website to look up the rating for just about any vehicle. This gives you clear information on how safe your family is in that car, too.

Choose a Vehicle with Some Tech

Here’s an easy way to get the features you want that might also reduce your overall costs. Look for the right type of technology for your new car. This may include:

  • Invest in a GPS and navigation system. This can help to minimize the risk of theft.
  • Choose a system with a security system installed. This helps to reduce the risk of break-ins to your vehicle. Products like OnStar can also provide you with enhanced safety to reduce your insurance costs.
  • Look for those with enhanced safety features such as anti-lock brakes, crash avoidance systems and side airbags. Many cars today have these. Older vehicles may not. They help minimize the risks of injuries, as well as prevent accidents.
  • Choose a car with sensors and backup technology that limits your risk of being in a collision.

Don’t forget to also choose a vehicle that’s not excessively large, fast, or heavy. These features make it more expensive to insure. The right vehicle for you should offer a combination of these features and the right style. Car insurance costs may be well within your goals if you consider these factors before buying.

FAQ’s About How to Choose a Car That’s Affordable to Insure

What factors affect the cost of car insurance?

The cost of car insurance is influenced by factors such as the car’s make and model, its safety features, the driver’s age and driving record, and the location where the car will be driven and parked.

Are certain car colors more expensive to insure?

No, car color does not typically affect insurance premiums. Instead, insurers focus on the make, model, and safety features of the car.

How can I find out the insurance costs for a specific car?

You can request insurance quotes for a specific car from different insurance companies or use online tools that provide estimated insurance costs based on the car’s make and model.

Do electric cars generally have lower insurance costs?

Electric cars may have lower insurance costs due to their advanced safety features and lower risk of theft, but this can vary based on the specific model and other factors.

What are some ways to lower insurance costs for a new car?

You can lower insurance costs for a new car by choosing a car with good safety features, maintaining a clean driving record, bundling insurance policies, and taking advantage of available discounts.

Does the size of the car impact insurance costs?

Generally, smaller cars may have lower insurance costs due to their lower repair and replacement expenses, but other factors also play a significant role.

How can I estimate insurance costs before buying a car?

You can estimate insurance costs by researching the car’s safety ratings, theft rates, and insurance industry reports, as well as obtaining insurance quotes for the specific make and model.

Are there specific car brands known for lower insurance costs?

Some car brands are associated with lower insurance costs due to their safety records and reliability, but insurance premiums are ultimately determined by various individual factors.

Do older cars generally have lower insurance premiums?

Older cars may have lower insurance premiums due to their lower market value, but other factors such as safety features and repair costs also influence insurance premiums.

How does the car’s usage impact insurance costs?

The car’s usage, including the annual mileage and whether it’s used for business or personal purposes, can impact insurance costs. Cars used for business purposes may have higher insurance premiums due to increased exposure to risk.

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