When I decided to get a new car, I didn't just rush out and get the first one that caught my eye. My best friend did that, and he paid dearly when his insurance rates went up a significant amount. I knew that I had to get a car that would still allow me to get the best auto insurance rates that I could. I had no idea that it would cost so much to get a sports car, which is the reason why I decided to look at another style altogether. While I had always dreamed of having a classic or sports vehicle, I knew that I would not be able to pay the insurance premiums on one.
The reason the prices are so high is because they are more apt to be involved in accidents, which means the insurance company will have to pay more money in the long run. They are also stolen a lot more frequently than other types of cars, which is the other reason why insurance rates are so much higher for them. I looked online at the different types of cars that will raise insurance premiums, and that helped me in which car I did end up getting.
I also found out that insurance premiums can depend on the safety rating of a vehicle too. If a car is not deemed safe, insurance rates automatically go up for it. It makes sense, since these types of cars are going to have more claims filed than a car that has a high safety rating. The final thing that I learned is after I got my car, I had an alarm installed, and this helped to reduce my premiums even more. I feel a lot better knowing that my car is safer than what I was going to choose, and that I get to pay less for insurance because of it.