The excitement of buying a new car can be quickly eliminated when you find out how much your auto insurance will increase. A large number of factors can play a significant role in the cost of your premiums. For some individuals, understanding how different vehicles can impact your insurance will help you make the right choice. Before you make your final decision, talk to your car insurance company.
The Type of Car
The kind of vehicle you purchase can have a significant impact on the cost of your auto insurance. The make, model, and year of the car will have a significant influence on your premiums. Newer cars typically cost more than older cars to insure because they are worth more if they must be repaired or replaced. Certain models are more susceptible to theft, which can also increase the amount you must pay for your insurance policy. Your insurance agent can help you determine which types of cars will have a larger impact.
Who Is Driving?
The individual who is listed as the primary driver on your insurance policy can also have an impact on the cost of your insurance. When you contact a representative of your car insurance company, let him or her know which driver will be the primary for that vehicle.
Other Factors
Your insurance agent will take a variety of other factors into account. One such factor is the distance you drive on a regular basis, particularly to and from work. The farther you drive daily, the greater the risk of getting into an accident. In addition to distance, talk to your agent about your driving history and your credit report. Some of these factors may dictate which type of car you purchase, while others may not make enough of a difference to affect your decision. Shopping for a new car is full of decisions, such as what make, model, and year. However, it is also important to reach out to your car insurance company before you make your final purchase. Involving your insurance agent in the decision can help you make a choice that will keep your insurance rates lower. He or she can give you inside tips that can guide you through the process of car shopping so you can make the right decision based on more than your personal preferences. If you are ready to shop for a new car and need insurance, contact us at Steven Graves Insurance. We can help you find the best insurance rates for the car you want to buy.