Why type of car matters for the cost of insurance?
Car insurance premiums are determined by many factors, such as your age, driving record and location. However, the type of car you drive may make the biggest difference in your policy premium overall. There are many reasons the type of car matters in the fluctuation of the total yearly cost of your auto insurance coverage.SafetyThe Insurance Institute for Highway Safety implements safety tests on vehicles. The organization will then issue a safety rating on the vehicle, which is used in determining insurance premiums. The safer a vehicle is according to these tests, the less the insurance coverage should cost.Theft HistoryVehicles that have a high theft rate, no security system and no VIN etching are likely to have a higher insurance premium. If your vehicle is likely to be targeted by thieves, or that particular make and model has been largely targeted in history, the insurance premium for it will be higher.MotorHorsepower and motor size are a large factor when dealing with insurance
