Choosing the Right Vehicle for a Low Car Insurance Premium
Before you even buy your vehicle, you should have in mind the auto insurance coverage you’d like to have. The type of car you buy has the biggest impact of all on the insurance premium you’ll pay. Your insurance coverage is determined by the type of car you buy, and how expensive it is to replace parts, how expensive it is to repair the vehicle, and also to replace it if lost or stolen. In this article, we outline some checkpoints to consider before you buy a vehicle, so you can pay the lowest possible premium.
First of all, you need to try and buy a popular model of vehicle. The more common and popular the make of your vehicle, the cheaper the repair will be, since parts will be readily available. Some cars have more expensive parts to replace than others. Check this out and make sure you buy a car with affordable parts to replace. It is also important that there are mechanics and repair shops in your area that can repair the car of your choice. Talk to as many people as you can and find out what brand of car is considered reliable and if certain brands have had any problems, what the problems were. Hearing opinions about different types of cars can help you know where to lean. Your future car insurance company will take into account the cost of repairs to your vehicle and the availability of people who can repair it.
The next thing you need to do is find out which vehicles are considered high risk by insurance companies. Some cars are blacklisted by insurance for having a high risk of theft, while others are known to be less safe and have more accidents than others. You need to know which of these cars your insurance company will give you a high premium for so you know what to avoid.
Even something as simple as the color of your vehicle can affect your insurance premium. Did you know that silver cars are involved in the fewest crashes of any other vehicle color? This is due to its reflective properties. Buying a car with enhanced safety features will earn you a lower premium. These include airbags, specialized brakes, and good tires. Insurers will also prefer cars that have passed safety tests and are considered safer to drive.
Lastly, before you buy your new vehicle, do some research online. Read reviews of as many different car brands as possible and try to pick something practical, not just for looks and luxury. The more expensive and luxurious your vehicle is, the higher your auto insurance premium will be.