Resolved Question Show me another » In what ways does buying a car affect auto insurance premiums?
I'm looking at buying or leasing a new car and am wondering how that'll affect my auto insurance premium. Also, which features in a new car affect the premium. I've heard about red paint and sports cars causing higher premiums, but are there any other factors?
Answer
The car affects the premium. New cars are worth more than cars several years old, so they cost more than older ones. High priced cars cost more because the potential loss is much greater than for that of lower priced cars. Sports cars cost more because they're supposed to have more accidents. I'm not sure that's true, but that's what the people who set the rates think. Also, cars that are stolen alot have high premiums. You also affect the premium. Do you have a good driving record? That lowers premiums somewhat. If you're middle aged or older, your premiums are usually lower because older people are considered safer drivers than young ones. I'm not sure that's true, but again, that's what the people who set the rates think!
Try this site to find the best auto insurance
http://best-auto-ins-usa.blogspot.com/
Here you can get quotes from different auto insurance companies in your area, its the best way to find an affordable auto insurance with a reliable company.
Hope this helps ya!
The car affects the premium. New cars are worth more than cars several years old, so they cost more than older ones. High priced cars cost more because the potential loss is much greater than for that of lower priced cars. Sports cars cost more because they're supposed to have more accidents. I'm not sure that's true, but that's what the people who set the rates think. Also, cars that are stolen alot have high premiums. You also affect the premium. Do you have a good driving record? That lowers premiums somewhat. If you're middle aged or older, your premiums are usually lower because older people are considered safer drivers than young ones. I'm not sure that's true, but again, that's what the people who set the rates think!
Try this site to find the best auto insurance
http://best-auto-ins-usa.blogspot.com/
Here you can get quotes from different auto insurance companies in your area, its the best way to find an affordable auto insurance with a reliable company.
Hope this helps ya!
What are the biggest problems with buying a car/suv at an auction? Or having agent buy one at a auction for u?
TJ Wharton
Thinking on getting an agent to buy a Land Rover Sport for me here. It'd be an 06 model. He'd charge 800-1000 for getting it at that rock bottom auction price. I would hope the car is coming off a lease and is not being sold for any other reason. A car off lease is being given up by prior arrangement and not because of another reason like a problem with the car. Thanks!
Answer
The car can be a the auction for many reason the only auction that has the best cars are the dealer closed sales. To get access to those he has to be a new dealer for that brand. In an open sale the car could be there for many reason repo, overage dealer inventory, bad history, wrecked and rebuilt lemon car bought back by dealer. If the car has not been a buyback the factory warranty might still be in place but you don't have much protection on the auction cars.
The car can be a the auction for many reason the only auction that has the best cars are the dealer closed sales. To get access to those he has to be a new dealer for that brand. In an open sale the car could be there for many reason repo, overage dealer inventory, bad history, wrecked and rebuilt lemon car bought back by dealer. If the car has not been a buyback the factory warranty might still be in place but you don't have much protection on the auction cars.
Powered by Yahoo! Answers
0 comments:
Post a Comment