This post was written by Barbara Waltz one of the founders of 24/7 Quote Us, an online resource blog and insurance quote comparison guide.

Safer Cars Means Lower Car Insurance

There are many common misconceptions when it comes to car insurance rates. Many people believe that more expensive cars will always cost more to insure than cheaper cars. They also believe that older cars are always cheaper to insure than newer cars, which is not always the case. Consumers base this assumption on the perceived value of the vehicle rather than the value given by a safer car to the insurance company. While the value of the vehicle that is insured as well as the age of the car are large parts of determining premium rates, they are not the only factors. We are finding a lot of cases where insurers actually charge less for newer cars for coverage as various features found on the cars allow for less expensive claims to be made and thus are less of a risk for the insurance company to insure.

Insurers are far more interested in the historical amount of insurance claims than the price of the cars. They keep very detailed historical statistics, not just on the driver, but on the type and make of cars. They also look at the car’s features, including anti-theft devices and safety features.

Tips To Find Cheaper Cars To Insure

1. Car thieves tend to target certain cars thus insurers have had to pay out more claims for theft in the past. But the common anti-theft devices which are included in newer cars will earn a discount. You can also find after market anti-theft devices to install in older cars.
2. New cars tend to follow the trend towards developing safer cars. Safety features minimize car insurance claims for damage, and for personal injury. We have seen insurers offer discounts of 30% for certain safety features.

A smart consumer will certainly consider the price of car insurance when they are figuring out how much they can afford to pay for a new car. In fact, many car shoppers are pleased to find that when they figure in lower maintenance bills and a break on car insurance, the shiny new car is not costing them any more than they have been paying to keep their old junker running and street legal.

A safer car will protect the driver and the passengers and thus lead towards a lower insurance cost.
With a new car purchase, if you are taking a loan, lenders require you to protect the investment with full coverage on the car rather than just liability. A safer car will also lower the rates of a liability plan but for the most part liability on older cars is lower than that of liability on a newer car. Liability premiums were until recently almost entirely based on standard insuring factors (age, accident history, etc), but now it should be noted that make and model are also taken into account.

Car insurers use different factors when they calculate car insurance premiums, though, so the only way to find the best deal for you or your family is to compare top rated auto insurers. While it is important to talk to local agents to ensure you are getting the best rate and to field any immediate questions, finding good online insurances quotes generally give very accurate rates as to what to expect for your insurance premium in a fraction of the time and should also be used in your decision.< >< ><–>