Discount Auto Insurance - Which Automobiles Are Cheaper To Insurance
February 9th, 2009 fts2009If you can’t stop the rush you get from speed and buy a smaller, sportier type of vehicle that can chew up the highway, you most likely won’t be able to locate discount auto insurance. Research by insurance companies tell that smaller car are more likely to be in an accident because the owners of sporty model cars drive their vehicles in ways that make them more vulnerable to accidents. Another reason is that younger drivers who take more risks while driving typically buy these types of car because they are not as costly.
Each year, there are stats examined by the Insurance Institute for Highway Safety relating to the insurance losses associated with the most popular vehicles. Since insurers use these same factors to set premiums, knowing how much the insurance for a automobile will cost before you but it may save you from making a costly mistake. In 2008, the Institute rated the Scion tC, the Hyundai Tiburon,
the Mitsubishi Lancer and the Subaru Impreza WRX among the top 5 most costly cars to insure.
Surprisingly, the car that leads the way on the Institute’s list, is the Cadillac Escalade, it is a luxury SUV commonly owned by a more affluent and older driver. So what causes this automobile to be so costly to get insurance for? Car thieves love the Cadillac Escalade. The truck has become a cult status because of its relationship with super stars, making it one of the most desirable vehicles among thieves, this causes the comprehensive coverage for this SUV to costs six times more than the national average.
Of course, if you want to know about the most costly automobile to get insurance coverage for, then you will normally get around to asking about the least costly to insure. If you are trying to minimize your insurance cost, look for the more recent versions of what is known as a “family car.” Cars that fall into this list are usually mid-size SUV’s, minivans and four door cars. The individuals who usually purchase these “family cars” have a strong reputation for cherishing safety. These automobiles are less likely to be used as your commuting vehicle, therefore, avoid the risk associated with rush hour traffic. Some of the cheapest vehicles to insure include the Subaru Outback, the Buick Rendezvous, the Honda Pilot, and the Chrysler Town & Country.
The Ford Taurus, a med-sized four door, was on top of this list. Insurance companies love Taurus owners because they prize safety above all other things. Cars like the Taurus are parked carefully away in garages when not driven, also minimizing their risk of theft. Additionally, auto thieves usually don’t try to discover these kinds of vehicles, which in turn raises their value to insurance companies.
Before you go out and buy your next car, consider the following tips:
* When getting free insurance quotes ask your insurance company if any of the vehicles you are considering have higher prices then the average car.
* Ask if any of the the vehicles you are considering cost more to repair or a high chance of being stolen.
* More pricey cars commonly come with a higher insurance cost so you may want to consider avoiding these.
* Safety saves you cash. Look at results from crash tests, the likelihood of rollovers, if any recalls are in place and consumer complaints.