Saturday, March 28, 2009

Car Insurance Rate Quotes

By Candy Jameson

If you are thinking of buying another car, think a million times. Aside from the fact that we are experiencing economic crisis right now, buying a new vehicle can also affect your car insurance rates. If you are considering of buying fancy sports car or something to show off to your friends, then I guess you also have to prepare yourself for paying more on your car insurence premiums.

A study conducted by the Highway Loss Data Institute found that the type of vehicle that you drive do affect your car insurence premiums. There are certain cars (like sports car) that demand higher car insurence rates and there those that are not. Remember this golden rule: If your car costs more to repair or poses higher chance for theft activities or auto insurance claims, then you may be paying more for your car insurance premiums. If you wanna get cheap car insurence quotes rates, here are the important things that you need to consider before you buy your car:

If you are thinking of whether buying Buick LeSabre or Chevrolet Corvette and is considering which vehicle has lower chance of being stolen, then your guess is good as mine - Buick LeSabre. Said study listed Buick LeSabre as the car that is least to be stolen while Chevrolet Corvette has an average of theft activity of over 5 times! Meanwhile, if you are torn between Toyota Celica and Toyota Camry, go for Toyota Camry. Toyota Celica has 67% less chance of theft loss as compared to Toyota Camry.

If you are wondering what's the best choice for crash test performance is, said study found 2002 Lexus IS 300 as the one. However, since this is an expensive car, remember this also asks for expensive repairs hence higher car insurance premiums.

The Porsche 911 is found to have 67% less chance for car insurance claims. That's a surprising result I say. In addition, if you are driving a Mitsubishi Lancer, this type of car is found to have almost double rate for injury claim.

About the Author:

No comments: