Car insurance can be quite expensive that’s why most if not all drivers try their hardest to find the most excellent deals they could find. Your car insurance premium is determined by a number of variables and this includes your driving history, age, sex, civil status, credit rating, place of residence, and the make and model of your car. All of these things are included in the computation of your car insurance premium. While you cannot influence or change your age or sex nor is it easy to improve your credit score or move to a new neighborhood, you alone can decide what type of car you will be driving.
Buying a car can be fun and since your vehicle of choice is an extension of yourself, it is very likely that you will choose the best car that your money can buy. You should keep in mind though that your car will greatly influence your car insurance quotes. So what kind of car should you get so your car insurance quotes are cheaper?
Your Car’s Safety Features and Your Premium
Getting a car with a wealth of safety features may be expensive but these safety features will not only improve your driving and reduce the risks of you crashing on another vehicle or hitting a stationary object while on the road, it will also entitle you to a cheaper auto insurance premium.
Cars with up-to-date safety technology are better than ones that do not offer any sort of assistance in making the driver a better and safer driver. Such cars are favorites among insurers because they lessen your risk of colliding with another vehicle which means more money for them.
Some of the safety features in newer car models include electronic stability control, active cruise control, precrash safety system, blindspot warning system, reversing camera, antilock braking system, intelligent speed assist, brake assist system among other features.
Fuel Efficiency Discounts
Some insurance companies offer big discounts to insurance holders who own fuel-efficient cars. Getting a hybrid for example will not only save you money on petrol, it will also be a great contribution to preserving the clean air left on earth as well as get you a sizeable discount for your car insurance premium.
Your car’s current market value plays a big factor in the computation of your premium. If you buy a secondhand car however you will not only save money in your car purchase but will also save lots on your car insurance policy. Secondhand cars cost less to insure and what is great about this is that, you can get a secondhand car that’s just a year old. If you’re lucky, you can even get the car of your dreams and still pay very a sensible price for it and get a good price on your policy too.