Before entering a dealership, you study the latest makes and models and learn about trends. You want to have as much information as possible when shopping. You make a point of being an informed consumer.
So, the next time you shop for a new car, be certain you shop for the right insurance to cover your new ride.
Get the Right Auto Insurance for the Right Price
So much goes into your decision-making when buying a new (or new used) car. The cost of Auto Insurance, while important, may not be a prime factor. However, it can be one of the features you consider.
A Bankrate article from May, 2020 reports on the cars most and least expensive to insure. It also lists the factors insurers take into consideration when pricing a policy. These include:
- Driving history
- Driving activity
- Marital status
- Credit history
Of course, those factors are about you, not what you drive.
Vehicle size and age factor into your Auto Insurance policy rates. So does safety.
Last year, Forbes said vehicle safety remains a top priority of car shoppers. This especially is true because more than 36,000 drivers and passengers lost their lives in auto accidents in the last year. Car companies have taken notice and continue to develop new and better safety features.
While insurance companies consider safety features a plus, they may have a negative impact on your policy cost. Camera sensors and computer parts break even during slight fender benders. These repairs can be expensive and insurance companies know that.
Interestingly, cars that are less expensive to purchase also may be treated more gently by their drivers. And they cost less to repair. Insurance companies know that, as well.
So, after you do your research and decide what car to buy, remember to call the Keating Agency. As your local, independent insurance agency for more than 50 years, we can help you find the right policy for the right price.