Often times when buying a used or a new car, buyers will calculate their budget for the car and determine their highest monthly payment rate.
What is overlooked however, is how much the car insurance will cost on the new or used car that you are buying.
Sometimes, the cost of insurance can make or break your ability to purchase a car.
Factors the effect insurance price:
The type of car – Your insurance premium will be higher if you are buying a luxury car, a sports car, or a car that is high on the theft list.
Anti-Theft devices – If there is an alarm or other anti-theft device on the car you can usually get a discount.
Where your car is parked - The location that your car will be parked can make a difference in how much insurance you pay.
What the car will be used for – If you use the car for driving to work or only on weekends, this will effect how much insurance you pay for the car.
Your driving history - If you are a safe driver that has not been in many accidents, you can get insurance discounts and save yourself a ton of cash.
What insurance provider you use – The insurance company that you go with can save you a boat load. Getting insurance quotes online is a great way of finding the lowest prices on car insurance because you can get instant quotes from many providers.
Because insurance prices can vary greatly, it’s a good idea to be prepared for the price of insurance before you go looking to buy a car. You can get online car insurance quotes before heading to the dealer so you know exactly what that perfect car will cost you when it’s all said and done.
You can get an online quote right now in the USA by clicking here.
Be sure to check out our article on car insurance coverage so that you know what car insurance you’re getting too.