How Can You Keep Your Car Insurance Payments Low?

Prices are continually fluctuating up and down for goods and services. With a majority of prices on the rise, including gas prices, one might think of any and all ways they can cut back. One popular method is insurance, car insurance.


When looking for a new vehicle to purchase, you have basic standards you desire and then some. Car insurance is an important factor in budgeting your new vehicle. Here are a few things to consider:

• Two Wheels or Four?
  An off-road vehicle can increase your insurance rate. Taking your car or truck off-road usually results in maintenance and unexpected repairs, especially during desert season.
  
• The Color
  There is a myth going around that red cars cost more to insure. Is it true? No, red cars do not cost more, nor do they get pulled over more. The color of your car will not affect your policy, so feel free to get that cherry-apple convertible you have always dreamed of.
  

• Are The Repairs Going To Cost?
  Luxury vehicles have expensive parts to replace after an accident, which insurance companies take into consider when offering you insurance rates. For example, you can expect to pay more on your monthly car payment and insurance for a Dodge Charger, verses a Honda Civic.

• How Much Horsepower is Too Much Horsepower?
  If you are considering a high-horsepower vehicle, insurance companies understand it's potential on the road. This is especially true for younger drivers. Drivers who do not have many driving years under their belt are already on the higher priced scale of insurance premiums. This will only increase if they purchase a fast vehicle that can increase their chance of speeding tickets and accidents.
  
  

According to Bankrate.com, these are the ten most expensive cars to insure in terms of collision looses:

1.		Mitsubishi Lancer Evolution
2.		Mercedes CL
3.		Dodge SRT-4
4.		Subaru Impreza WRX
5.		Jaguar XK (convertible)
6.		Lexus IS 300
7.		Honda S2000
8.		Acura RSX
9.		Nissan 350Z
10.		Jaguar XJ

And the ten least expensive:

1.		Volvo XC90
2.		Chevrolet Malibu Maxx
3.		GMC Safari
4.		Buick Le Sabre
5.		Nissan Pathfinder Armada (2004 only)
6.		Pontiac Montana (standard model)
7.		Mazda MPV
8.		Ford Thunderbird
9.		Pontiac Montana (long wheel-based model)
10.		Ford Taurus (station wagon)