There is a multitude of factors both direct and indirect that affect
car insurance quotes are. Such variables as age, sex, marital status,
driving record and place of residence will have a strong influence on
the average level of quotes a driver will get when quoting. But it would
be wrong to forget the role of the car itself in the process, since
it's the very thing that is being insured.
There's a certain tendency for different car types to get quotes
within a specific range due to the combination of factors intrinsic for
the actual type. And it's crucial to understand the impact of different
car types in terms of insurance and understand why they tend to garner
car insurance quotes within a certain range:
Entry level
Entry level compact cars are usually the most convenient when it
comes to driving around in a city with heavy traffic. Besides, they are
very cheap and fuel efficient due to the small engine volume. But their
size and the usual practice of fitting them with minimum safety features
make such vehicles rather dangerous during accidents, causing a great
deal of damage and injury to people inside of the car. As a result many
entry level vehicles can get very hefty car insurance quotes due to
their inferior passenger safety.
Medium class
Common medium class vehicles usually carry more advanced safety
features while being very cost effective. Thanks to the larger size and
mass they can withstand a serious impact with less damage and injuries.
That's why such cars are regarded as optimal in terms of insurance
costs. But there's also a huge variety of models in this popular vehicle
class you can get a very serious fluctuation in car insurance quotes depending on the exact car you're trying to insure.
Large vehicles
Trucks, vans and SUVs are one of the safest car types you can buy.
Their size and mass makes such vehicles safer for the people inside in
case of a crash. But when you look at the liability costs their
increased size is actually doing them a very bad favor - such cars tend
to cause more damage to other cars and infrastructure. That is the
reason why large cars usually cost more to insure since insurers have to
deal with more expensive liability payouts associated with such cars.
Executive class
Executive class vehicles may look like ordinary sedans but they are a
totally different breed when it comes to actual performance. These more
expensive cars usually carry top-notch safety features while their
performance during crush tests is at least higher than average. Yet
again, they may require very expensive repair parts, which may push
their insurance costs quote high. Still, if you shop around, such cars
can actually deliver very affordable car insurance quotes.
Luxury vehicles
While luxurious cars can be rather safe and secure, the use of
exclusive materials and very expensive repair costs make them a rather
expensive type in terms of insurance. But this is certainly the type of
car that makes insurance costs irrelevant.
Performance class
Most men dream about sports and muscle cars but they can turn into a
nightmare when it comes to insuring them. Because such vehicles are made
for power and speed they are traditionally driven in an aggressive
manner. And insurance companies don't like aggressive driving at all.
That is why you will usually get rather expensive car insurance quotes
when trying to insure a fast and powerful vehicle.
Retro vehicles
Retro vehicles usually prove to be very expensive to insure due to
several reasons. The scarcity of repair parts, which are no longer
manufactured, and limited access to competent repair specialists means
that such cars are rather costly to insure. But who ever said that
classic cars are cheap in the first place?
