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cheap car insurance for young drivers

 

 

What is the Best Car to get for Cheap Car Insurance?

cheap car insurance for young drivers 

If you’re thinking about ways to avoid spending a fortune on car insurance, the first thing you must consider is the type of car you’ll be using. Car models, size and value matters a lot when talking about insurance rates which is why choosing your car, is like deciding on the kind of insurance premium you are willing to pay for.

Insurance providers follow a certain standard when evaluating the amount your car will cost to insure. Usually, the car’s insurance rate will depend upon which category it belongs to. If your car is among those listed in a lower category, this simply means that it has cheaper insurance premiums. Choosing the right type of car that would guarantee a cheaper insurance rate is a hard task as your options is set by hundreds. To narrow your choices down, here some few car models that belongs to the lower category, some cheap, some with mid-range value, but all are still considered wise options for a first time driver.

  • Fiat Punto
  • Ford Fiesta
  • Volkswagen Polo
  • Peugeot 106
  • Renault Clio
  • Peugeot 307
  • Vauxhall Astra
  • Toyota Corolla
  • Land Rover Freelander
  • Audi A3

Do Cheaper Cars have Cheaper Insurance Rates?

If you want to learn more about the features each car mentioned above has to offer, you can look them up online. It is a general rule that cheap cars have cheaper insurance rates. However, deciding your car’s insurance is not only based upon its sales value. Here is some information about factors that may affect your car’s insurance rate.

  • The possible costs of repairs once the owner makes a claim is among the things insurance providers put into consideration. The largest part of insurance money usually is intended for damages and repairs. If your car has cheaper and affordable spare parts, or if doesn’t have any complicated mechanism, then you should expect a lower premium rate.
  • Safety and security is also a very important matter. If the insurance company find security devices such as trackers, immobilizer and alarms installed in your car, premiums will definitely lower down. Most cheap cars do not have all these stuff, but you even though your car is not pricey, you should consider taking steps on getting your car even one of these devices. You’ll surely see that it will help you reduce your expenses in the long run.
  • Sports car and expensive cars should be out of the list when buying your very first car. Although these cars are cool and ideal, you cannot expect them to have cheap insurance rates. High powered and speedy vehicles are often involved in accidents, according to statistics which is why you will need a larger budget just to get it insured.

Some often asks why some cars cost more to insure. Differentiating the cost of insurance between types of car to another usually relies on the amount needed for collision damage repairs and its likelihood to get stolen. If your car is the type which is very much appealing to thieves, then you must expect the insurance company to raise your car insurance premiums to keep your car covered. Most vehicles with high horse power or are expensive to repair tops the list of costly insurance rates. Others often get into thinking that smaller cars which are easily maneuvered and with higher speed can avoid and outrun accidents, but statistics seems to oppose this misconception. Another factor that is mostly neglected is the damages your car can cause after a collision. If the size and the material of your car are more likely to inflict great amount of damage to another vehicle after collision, then your liability premium will surely go up.

Least Expensive Models for Collision Losses    

Ideal cars that are less likely involved with accidents are those which are used for family transportations such as family sedans, station wagons and minivans. Not all expensive vehicles have high insurance premiums. Some of these models mentioned below are costly but have cheaper premiums because of their low rank in terms of collision costs.  

  • Volvo XC90
  • Chevrolet Malibu Maxx
  • GMC Safari
  • Buick Le Sabre
  • Nissan Pathfinder Armada (2004)
  • Pontiac Montana (Standard)
  • Pontiac Montana (long wheel-based model)
  • Mazda MVP
  • Ford Taurus (station wagon)
  • Ford Thunderbird

 

These are simple suggestions to help you pick the type of car with cheap insurance premiums. Remember that not all the time cheap insurance will be able to provide you of enough coverage and benefits and although cheap cars are favorable for first time drivers, it is best to look ahead and settle for something which will turn out to be an advantage in the future.