Owning or leasing a car is more expensive than in the history of the car. While gas prices are the usual culprit, can not admit that you have considerable control over the cost of insurance premiums.
If you buy a car insurance agent is a lot of action that policy premiums. After his first consultation with an agent, the agent of the consulting actuary. This is statistically actuary estimated the risk to the agency, and thus, since the premiums on the basis of this risk. Risk factors discussed between the agent and the clerk of your driving history, age, health and credit accounts. The fact that we do not know is that research on the type of vehicle you drive, to determine the impact of vehicles, accidents and theft.
Each year the Highway Loss Data Institute and the Insurance Institute for Road Safety collaborative research projects on insurance losses of different brands of cars. In 2007, they found that small, fast convertible are the main causes of road accidents. They recognized that these vehicles for young drivers, who have speed and agility of small cars. In addition, these vehicles at lower prices are generally cheaper for young drivers of trucks and SUVs are.
To view the popularity of small cars with young drivers, 35% Scion tC drivers twenty-five years. Other examples of high-speed cars, they are young drivers, Mitsubishi Lancer, Acura RSX, Subaru Impreza WRX and the Nissan Sentra SE-R.
If one of these vehicles over 25 years, may think it is unfair to pay higher insurance premiums due to reckless drivers, especially young people, if you drive a clean start the car and drive accountability. Unfortunately, the calculation of insurance premiums, the average accident insured vehicle, the driver at the national level. In addition, most insurance agencies with the same statistical calculations, their premiums. Thus, they are out of luck if you're looking for agency, which is not taking into account the driving age of 25. However, if your car is a little responsibility, and there were no injuries in the next five years is a good bet that your body gradually reduce the award.
Small, fast car, not only in vehicles with higher premiums. Cars, with a strong history of theft, as well as the number of high fees. For example, Dodge Charger has a history of frequent raids across the country. This story has actuaries to increase the insurance premium for the policy of the car for the least of stolen vehicles. If these vehicles are stolen, it would cost more to pay. In other words, actuaries, insurance premiums as a risk management strategy to prevent the insured to pay a lot of money if they are following national trends of stolen vehicles.
Naturally, the vehicles, the lower the burglary are less expensive to insure. Examples include low vehicle theft in the history of Mercedes-Benz E-Class 4WD, Buick Rania and Subaru Forester. Stealing his stories are so low that in 2007 only 6 of the 1000 insured vehicles were stolen. Because of the low number of thefts, insurance actuaries set premiums, which are significantly lower than those of stolen vehicles often.
Least of stolen cars in general that they are in the style of family car. This means that they are off, the first class and security, often parked in the garage of origin. In addition, it is not often used to work, as in most small sports cars. In addition, they are mostly from parents of young children who are not reckless driving.
Insurance actuaries also take into account the number of car models currently on the road. For example, the 1995 Honda Civic has a high level of theft, simply because it is one of the machines initiative in the country. In other words, the model citizen requires higher premiums compared to other models, brands, because there are more stolen vehicles insured by this model year.
Another factor is the Premium Collection automotive advertising. Cadillac Escalade, which, in turn, thousands of thieves. This is largely due to the fact that popular television shows and photographs of celebrities. Escalade 2007, demand a rate 13.2 per thousand, all insured for theft. On the other hand, is more common for thieves to steal a car Escalade, while the bulk of the abducted are equally faced with Lancer Evolution. Therefore, if you're driving a car with a very well known, like the Escalade, were expensive insurance premiums.
These data show a wide range of vehicles in favor of more thought in the car you have. If your research before you even think about financing your new car. The car has a high comfort factor that it is fair game for thieves? Is the high-peforming a security system? Is this a fast car is popular among young people, reckless drivers? Get this mentality is the likelihood that you will be more prizes draining their finances. If you do not have money to pay $ 1000 Escalade annual contribution, his eyes on the stolen car less frequently.
To ensure their ability to get lower premiums, contact your insurance agent before buying a new car. Staff can provide you with information about the cars in the average premiums in your budget. You should also ask your agent if the vehicle has a high cost of repairs, especially if they are frequent travel or travel to urban areas. To improve the awareness of consumers that the group more power over their finances than you ever imagined.
The type of car you drive Improving your insurance premium?
Labels: Insurance