Cheap Car Insurance Policy

Cheap Car Insurance Policy

February 3rd, 2010
Cars that can get you cheap insurance policy
There are hundreds and maybe thousands of car makes and models running down the streets, every person looking to purchase a new car is thinking of the price he is going to pay and whether this car is economic or not. Only a few look at what they are going to pay for the insurance policy for such car and those who are really smart. Cheap car insurance can save you a lot every year because some insurance companies may charge you a lot of unnecessary fees that pile up your insurance policy so; you need to make sure that you are getting the best offer before you proceed with the company.
There are other factors that contribute in getting the cheap car insurance policy you want and one of the most important factors is the car itself. The type and the model of the car you are driving affects a lot your insurance premium so, you need to make sure that you are choosing the right car type and model in order to get the cheapest car insurance policy.
A small car is more prone for getting damaged on a collision and that entice the insurance company to charge you more on the insurance premium that covers collisions. This means that when you are choosing a small car, you should keep in your mind that you might end up paying a lot more for the insurance policy. Kia Rio and Suzuki Esteem are among this category so; make sure that you can get a cheap car insurance policy before you proceed with the purchase of such cars.
There are some cars that are popular among thieves, in other words, there are some models that have higher affinity to be stolen than others. There is a yearly list issued by Highway Loss Data Institute (HLDI) about which cars are prone to be stolen. The list changes every year because new models appear and other models become older and thieves lose their interest in them. On the other hand, there are some models that are considered permanent candidates on these lists like some Toyota Models as Toyota Pickup, corolla and Camry. Also the Nissan Sentra falls under the same category. These cars may cost you higher insurance premiums and hold you back from getting the cheap car insurance policy that you may get through purchasing other models. On the other hand, Volvo and Mercury grand Marquise are among the least stolen cars and these cars can get you a cheap premium very easily.
Luxurious cars that cost a lot to be fixed from damages will also cost you a lot for insurance. Insurance companies think about these cars as high risk cars, this means that when you are on the road, even if you are a good driver, a small accident with a car of this type will cost the insurance company a lot in order to fix it. Cadillac Escalade is a very good example for these cars because it is one of the most luxurious cars on the road but, the good news is that it is a large car so, it performs better when it comes to protecting the passengers inside and that makes it better from another aspect.
To make the long story short, the car is a very important key factor in finding the cheap car insurance offers and there is no car is the best from all aspects but there are cars that are more eligible for better insurance policies because they are safe and not rare so, they are not prone to be stolen and they are safe for the passengers riding inside.
The motor capacity is another factor that affects the insurance policy because with the increase in the motor capacity and the horse power, the drive is more prone to go quickly and more speed means more liability to accidents. Driving a hybrid car will get you much cheaper car insurance policy and will also get you a huge reduction on your taxes so, if you are looking for a city commuter then a hybrid may be a very good choice for you.
So, let us put a quick criteria for the cheap car insurance policy
- First you need to choose your car carefully
- You also need to get more than one quote from different car insurance companies on order to find your best quote
When it comes to choosing the best car for you, it is very important to check several things before you get your new car:
- Check the list of the HLDI list in order to find which cars are the best to get and which cars are more prone to be stolen
- Check the statistics and know which cars cost more for fixing and maintenance
- Check which cars are safer, this could be done easily through checking the results of safety tests done on the car. A car with 5 starts on the safety test is the best you can get
Finally, it is very important to take your time before you get your car and before you get your insurance premium too. Getting a cheap car insurance policy is not an impossible dream but, you need to keep an eye for the details in order to get the best policy for you.