I feel the pain of those who waste hard-earned dollars in their car insurance due to plain ignorance. It is even more painful when they lose up to $1000 just because they don't know how. The main aim of this article is to show you one way to cut down such losses.
Never has there been such variety as far as cars are concerned. What separates two cars may just be media hype or the class attached to one and not features. The track record of a manufacturer is also something of importance to a number of persons. The looks of a car will matter more for some people than important things like safety. What a car will cost in insurance premium is usually never considered even if suggested by someone knowledgeable. If you understand that picking one comparable car make above another could save you a few thousand dollars in insurance premium over the years, you'll see how important this really is.
Based on the risk attached to insuring each car, insurance companies have grouped them accordingly. Factors like how prone a car is to accidents, how durable it is and such determine their risk levels and consequently their groupings. Different cars have different reputations: Some of durability; others of safety and the like. In the same way a car might have proven over years that it costs insurers much therefore attracting higher premiums. You'll soon see that two comparable cars can attract a huge difference in premiums. The next list shows the top ten cheapest-to-insure cars from a study reported by Reuters...
1. Chrysler Town & Country
2. Chevrolet Cobalt
3. Dodge Caravan
4. Chevrolet Impala
5. Ford Taurus
6. Ford Econoline
7. Jeep Grand Cherokee
8. Chevrolet Malibu
9. GMC Sierra Pickup
10. Toyota Corolla
The first being the most expensive, the following list shows the most expensive cars to insure of the 20 best-sellers in the US...
1. Ford F-Series
2. Dodge Ram Pickup
3. Ford Explorer
4. Honda Civic
5. Chevrolet Silverado-C/K Pickup
6. Toyota Camry
7. Honda Accord
8. Chevrolet Trailblazer
9. Nissan Altima
10. Ford Focus
You can save a lot of money by simply picking a comparable car. If you can't think of going for any other car then you'll have to forgo such savings. For a number of us the adjustment to another car make is worth it if it gives reasonable savings on our insurance.
I know there are only twenty cars in the combined list. This means that yours may not be covered. The aim is not to present an exhaustive list but to buttress a point. It is to show you the importance of taking your insurance costs into consideration when making a car purchase decision. The decision to buy a car that is a lot more expensive to insure will then be an informed one.
The amount this will save you is very important. You'll be able to make a more informed choice with more in-depth information. A quick way to do this is to use insurance quotes sites, fill the form twice with the only difference being the car make you choose. subtract the difference in the quotes returned and you'll see the exact cost. This is a simple process that won't take much time.
