Cheap Car Insurance Tip #4: Be sure to choose your vehicle wisely

The kind of car you drive also has an enormous impact on your auto insurance, as well. If you are trying to insure a 2-door sports car, for example, you can expect to pay a much higher auto insurance premium than someone who wants to insure the family station wagon.

Because sports cars and luxury vehicles are often capable of reaching much higher speeds than most other vehicles, and because they are typically outfitted with any number of after-market, performance-enhancing parts, the risk factor is greatly increased; and of course this leads to an increase in the amount of money that you’ll end up paying for your auto insurance.  In general, sports cars also tend to attract higher-risk drivers as well.

The age of your car also plays a role in determining exactly how much you’ll be paying for your auto insurance. Older cars are far more likely to break down or have other problems while driving; and this itself puts you at risk for a collision. To compound this, replacement parts for older cars are usually harder to find, and repairs may be a bit more difficult when compared to newer cars, as well.

On the other hand, newer vehicles drive much smoother, and typically have much better steering, brakes, and overall handling when compared to their older counterparts, and replacement parts for new models are much easier to find and install.  But the actual value of your vehicle is one of the most important factors in getting cheap car insurance.  Wrecking a new car is going to be a lot more expensive for an insurance company compared to the low replacement value of an old car if it’s totalled in an accident.