When you are preparing to buy a new car, do you first consider the insurance rates for the car you are interested in purchasing? According to the Highway Loss Data Institute, this company analyzes the costs of auto insurance claims cause by theft, collision and injury claims from cars.
They review every detail of any circumstances resulting in a claim carefully; from the color of the cars along with their make and model, to how many doors are on cars most likely to be vandalized.
For example, according to their research, 4-door cars have a 93 percent higher chance of having a theft claim filed than 2 door cars, and the Toyota Celica has a 67 percent greater chance of being stolen than the Toyota Camry.
And although the 2002 Lexus IS 300 received a "best pick" rating from the Insurance Institute for Highway Safety for its performance in crash tests, a year earlier the same model was reported a being one of the most costly when it comes to collision claims.
Factors considered are to costs involved in repairing an expensive car.
Cars That Guarantee Higher Auto Insurance Premiums Here is a list of vehicle types you should avoid if you want the most affordable auto insurance rates: - Cars with lots of horsepower - Sports cars - High performance cars - Luxury cars - Cars with added technology features - Large SUV's - Compact cars - Cars with a high incidence of theft Station wagons and vans usually get the best rates.
They are not too big to cause too much damage to another car on the road, but they are large enough to reduce the chance of injury to any passengers riding along.
They also have much lower repair costs and less reported theft.
Keep Your Vehicle Safe Keep your new car safe from thieves.
Always park your car in a public, well light area.
This makes it less appealing for thieves since they will not want to appear so obvious if their goal is to break in or steal your car.
Always keep your doors locked and never leave your car running with the key in the ignition.
Thieves move swiftly and your car could be gone in a matter of seconds.
Never keep your purse, bags, or any other items laying out in plain view.
Another smart move is to buy a car with tinted windows so thieves can't see inside easily.
Keep Your Premiums Low Once you have found a car that auto insurance companies consider safe and reliable transportation, you can continue to keep your rates low by keeping your driving record clean.
Avoid speeding tickets and other moving violations.
Consider taking a defensive driver's course.
This can help you become a more responsible driver, and give you a discount on your insurance premium.
It can also help you avoid many accidents.
Shop Around For Competitive Rates
They review every detail of any circumstances resulting in a claim carefully; from the color of the cars along with their make and model, to how many doors are on cars most likely to be vandalized.
For example, according to their research, 4-door cars have a 93 percent higher chance of having a theft claim filed than 2 door cars, and the Toyota Celica has a 67 percent greater chance of being stolen than the Toyota Camry.
And although the 2002 Lexus IS 300 received a "best pick" rating from the Insurance Institute for Highway Safety for its performance in crash tests, a year earlier the same model was reported a being one of the most costly when it comes to collision claims.
Factors considered are to costs involved in repairing an expensive car.
Cars That Guarantee Higher Auto Insurance Premiums Here is a list of vehicle types you should avoid if you want the most affordable auto insurance rates: - Cars with lots of horsepower - Sports cars - High performance cars - Luxury cars - Cars with added technology features - Large SUV's - Compact cars - Cars with a high incidence of theft Station wagons and vans usually get the best rates.
They are not too big to cause too much damage to another car on the road, but they are large enough to reduce the chance of injury to any passengers riding along.
They also have much lower repair costs and less reported theft.
Keep Your Vehicle Safe Keep your new car safe from thieves.
Always park your car in a public, well light area.
This makes it less appealing for thieves since they will not want to appear so obvious if their goal is to break in or steal your car.
Always keep your doors locked and never leave your car running with the key in the ignition.
Thieves move swiftly and your car could be gone in a matter of seconds.
Never keep your purse, bags, or any other items laying out in plain view.
Another smart move is to buy a car with tinted windows so thieves can't see inside easily.
Keep Your Premiums Low Once you have found a car that auto insurance companies consider safe and reliable transportation, you can continue to keep your rates low by keeping your driving record clean.
Avoid speeding tickets and other moving violations.
Consider taking a defensive driver's course.
This can help you become a more responsible driver, and give you a discount on your insurance premium.
It can also help you avoid many accidents.
Shop Around For Competitive Rates
SHARE
