How To Save Money On Renewing Your Auto Insurance – Expert Advice That Can Save You “Hundreds” Française |
Determine if your car model has an impact on the cost
Auto insurance costs vary based on a number of factors including age, driving history, address, and make and model of your car.
For young drivers, in particular, the type of car they drive could see premiums skyrocket.
Mr. Kindred explained, âAge is one of the main factors that can determine the cost of an auto insurance premium.
âFinding a cheap car to insure will help cut costs for a young driver. “
However, even the most experienced drivers can see higher premiums due to certain vehicles.
According to the expert at Confused.com, while cars in higher insurance groups tend to be more expensive to repair or replace, other factors to consider, which will determine which group the vehicle will fall into, include :
Performance: The acceleration and top speed of your vehicle.
Price of a new car: the more expensive a new car, the more expensive it is to replace.
Parts pricing: the cost of replacing car parts in the event of an accident. This is worked out using a standard list of 23 parts that are most commonly damaged.
Security: how secure the car is against theft. The higher the safety of the manufacturer, the higher the likelihood that the car will be placed in a lower insurance group.