Buying a new car can be a really big expense for you and your family. Sometimes, you might have to save up for quite some time just to have enough money for the down payment alone. On top of this expense, you must also consider the expense of car insurance. This can add a lot of money to your monthly outgoing expenses, so it's something that you should think about before you make the purchase of a new or used vehicle.
One mistake that drivers often make before they purchase a car is to not think about what the different insurance rates for each model would be. Like test driving automobiles, comparing car insurance would better prepare you for the expenses that are to come and help you make a decision regarding which model to choose. A lot of drivers often wonder whether it costs more to insure and SUV than it does a sedan, and there's no easy answer to this question. Your insurance rates will depend on a variety of different factors. Sometimes it will be less expensive to insure an SUV than a sedan, and other times the opposite will be true.
The Price of the Vehicle
One of the major things that car insurance providers consider when they are deciding premiums is how much your vehicle costs. This will tell them a lot about what it's going to cost in terms of repairs. Also, it's going to give them a clue as to how likely it is for a thief to be attracted to your vehicle. If you buy a really expensive car, then you can expect your rates to be quite high. While there are a lot of expensive SUVs out there, there are also a lot of expensive sedans. If the two vehicles you are considering are going to be of the same value, then the company may use other factors to decide on which one will have the higher premium.
Another thing that can have a really big impact on which type of vehicle is more expensive to insurance is just how safe each one is. Each vehicle will have different safety ratings and insurance companies are going to look at this kind of information carefully. If you are choosing an SUV that does not have a good rollover rating instead of a sedan with a high safety rating, then you may end up paying more for coverage on the SUV. Each insurance company will have different rules and regulations, so you will need to check quotes for both vehicle types.
If you want to make sure that you get the lowest premium possible for each type of vehicle you are considering, then you should do your best to add as many safety features as possible. In addition to traditional elements such as airbags and anti-lock brakes, you might also consider such additions as back up cameras and conversion mirrors. This can really increase the safety of an SUV or a sedan and bring premiums way down.
Your Driving Record
Finally, one of the most important things that goes into SUV and sedan insurance prices is what kind of driving record you have. You can choose a really safe and reliable sedan but have a bad driving record and be forced to pay really high premiums for your coverage. You can choose an SUV that is not as safe as some of the other sedan options but have an excellent driving record that will qualify you for a lot of savings. The point is that insurance companies will look at more than just vehicle type when deciding rates.