Your Vehicle Affects the Cost of Insurance

Car insurance Orlando

Your Vehicle Affects the Cost of Insurance

Car insurance OrlandoThere are several factors that affect your insurance premium: how old you are, your driving record and where you live. It should come as no surprise that what you drive also plays a factor. After all, a $40,000 car will cost more to replace than a $4,000 car. If you are buying a new car, you may want to consider the price you will pay for it in car insurance in Orlando.


Pick a Car, Any Car


The Highway Loss Data Institute (HLDI) collects information regarding injury claims, repair costs and even theft rates for each vehicle model. Some interesting points include:


  • High-performance sports cars are fun to look at, but the insurance bills can be ugly: They can cost up to three times as much to insure as a regular model.
  • Smaller cars rank near the top when it comes to collision costs.
  • The lowest amount of injury claims come from large vehicles, like pick-up trucks and SUVs
  • SUVs, however, are also a “hot” item, as they are among the most often stolen vehicles.


Find the Right Premium


If you are looking for car insurance in Orlando, find a company that can work with your specific needs. While your vehicle does play a factor in the overall price, there are a many other items that can drastically lower or raise your premium, like the deductible you want and the many lines of coverage that fall within auto insurance. Work with a qualified agent to make sure you get a policy that protects you and your car.