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Cars to consider in terms of insurance
There are a lot of factors that influence a buyer’s decision when it comes to purchasing a car. Things like price, gas mileage, exteriors, interiors, safety and status play an important role when considering a car. But rarely do buyers think about how insurance-friendly is their vehicle before actually buying it. They start thinking about it after the purchase when looking for an actual policy for their new ride. And that’s when things get not quite the way you want them. Quite often a good and fancy car can end up costing you quite a lot in terms of insurance and you start regretting the day you’ve purchased this ride. In order to avoid situations like that, there are some things to bear in mind while looking for a new car in terms of insurance. If you are very sensitive to insurance premiums, here are some tips to consider while looking for a new ride:
Try to avoid sports and performance vehicles
Sure, fast and fancy sports cars look so great and are a real boost in self confidence for their owners who may probably never reach their vehicle’s top speed on the road. But if you want your auto insurance to be really cheap, forget about buying a fast or powerful vehicle. The insurance claim statistics clearly show that owners of such vehicles are more prone to exceeding speed limits and behaving risky while behind the wheel – not the best characteristic if you’re looking for good rates. Besides, such vehicles usually cause more damage due to increased speed and power, which leads to higher coverage payouts. Be assured, the insurance companies count every penny from every claim made and in the end insuring such a car will cost you just too much.
Stick to the middle range of the spectrum
If considering the future car according to its price, the best insurance rates are usually obtained in the mid-range sector. Cheap and small vehicles are usually inexpensive to insure, but have poor safety properties and this will raise their insurance rates. Of course, it all depends on particular car make and model, as you can get a cheap small car that is really safe and insurance-friendly in any way possible. But that’s usually a rarity in this market segment. On the other hand, large SUV’s, expensive sedans and luxury cars may be the perfect choice in terms of safety and comfort, but their usual repair costs and high theft rates make this segment not very friendly in terms of auto insurance. The best choice, is evidently sticking to the middle sector of the price range with everyday sedans, family universals and mini-vans. These cars usually have good safety ratings, are easy and cheap to repair, have good gas mileage and rarely become the target for car theft. Sure, riding some of the models from this range may look not as cool like you wish to, but in the end it all boils down to how important the costs are for you. If you don’t see a problem in having a bit expensive auto insurance with your vehicle, then you shouldn’t limit your choice and are free to get a car that suits your style. But if you’re on a tight budget and every dollar your pay for insuring your car gives you a bad mood then you should really pay attention to the vehicle you’re looking forward to drive.