☰ ˟
KIAC Insurance Agency
Call Us Today! 760-471-2200
  • Quote
    • Auto Insurance Quote
    • Bond Request Form
    • Bonds Quote Forms
    • Business Owners (BOP) Quote Form
    • Commercial Auto Insurance Quote
    • Flood Quote Form
    • General Liability Quote Form
    • Health Insurance Quote
    • Homeowners Insurance Quote
    • Homeowner Flood Quote Form
    • Medicare Supplemental Coverage
    • Motorcycle Insurance Quote
    • Recreational Vehicle Insurance Quote
    • Renters Insurance Quote
    • Term Life Insurance Quote
    • Workers Compensation Quote
  • File a Claim
    • Claim Forms
    • Customer Service Forms
    • Auto Accident Claim
    • Commercial Auto Accident Claim
    • DMV Accident Claim
    • Motorcycle Accident Claim
    • Property Loss Claim Form
    • Renters Property Loss Claim Form
  • About
    • Home Page
    • About Us
    • Testimonials
    • Privacy Policy
    • Refer a Friend
    • Blog
  • Class of Business
  • Companies We Trust
  • Medicare Coverage
  • Newsletter
  • Blog
  • Contact Us
Logo
Trust. Reliable. Confidence.
Business Workers Compensation Commercial Auto Life & Health Get A Quote
Home > Blog > Before a New Car: Estimate Car Insurance Costs
MONDAY, MAY 6, 2013

Before a New Car: Estimate Car Insurance Costs

It doesn't matter whether you're buying a new car or used car; it's easy to get caught off guard about the costs to keep that car on the road, especially when it comes to car insurance.

Car insurance rates can differ widely from one car to another, even among two cars that are direct competitors in the same class. Your choice can cause a substantial drain from your wallet.

If you know the specific car you want to buy, then one phone call to your car insurance agent will get you car insurance estimates for the cost to cover that car with the same coverage you currently have. However, if you aren't sure what kind of car you want to buy, keep these factors in mind as you consider insurance costs on your next car.

In general, SUVs and pickup trucks cost less to insure than average, while sports cars and luxury cars cost more than average. Family sedans have average insurance costs. As a result, you may see higher car insurance estimates if your new car is one of the more expensive body styles to insure or is a luxury brand. Also, keep in mind that even if you are replacing your current car with a similar but newer car, your car insurance rates will be higher due to the car's age.

While these are general guidelines, there are exceptions in every category. That can mean that certain autos will cost more or less to insure than others of the same body style. This is because car insurance rates are calculated partially on a car's claims history. Each insurance company looks at its own claims data for each car and assigns each car a "loss number" that guides it in setting the rates for that particular vehicle. Since some cars are more costly to repair or are more likely to be in a car accident or both, the loss numbers vary, even with similar types of cars.

The Insurance Institute for Highway Safety offers data on insurance losses for various vehicle models. This historical data on losses affects car insurance premiums.

Read More: Source

Posted 11:37 AM

Tags: car, insurance, cost, price
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

  • kipper insurance(66)
  • commercial insurance(25)
  • home insurance(22)
  • auto insurance(19)
  • business insurance(18)
  • insurance(10)
  • tips(8)
  • workers comp(7)
  • holidays(7)
  • liability(7)
  • danger(6)
  • protection(5)
  • car insurance(5)
  • events(5)
  • california insurance(3)
  • nevada insurance(3)
  • dmv(2)
  • car(2)
  • weather(2)
  • workers compenstation(2)
  • holiday(2)
  • health insurance(2)
  • insurance coverage(2)
  • home(1)
  • labor day(1)
  • law enforcement(1)
  • life insurance(1)
  • cop(1)
  • texting(1)
  • president(1)
  • veterans day(1)
  • price(1)
  • travel insurance(1)
  • honorary deputy sheriffs association(1)
  • commercial auto insurance(1)
  • medicaid(1)
  • healthcare(1)
  • car insurace(1)
  • insurance coverage in california(1)
  • vice president(1)
  • car accident(1)
  • money(1)
  • insurance for your kids(1)
  • insurance agency(1)
  • mortgage(1)
  • cost(1)
  • insurance coverage in nevada(1)
  • house(1)
  • life(1)
  • california auto insurance(1)

View Mobile Version

Connect with us

Social Social

Check us out

Kipper Insurance Agency of California, Nevada, Arizona & Washington
Carlsbad, CA 92009
Phone: 760-471-2200
Fax: 760-856-4071
License#: 0E67716

Fill out the form below to get started with an insurance quote

© Copyright. All rights reserved.
Powered by Insurance Website Builder