How Does Your Vehicle Have an Impact on Your Car Insurance?

Finding the perfect auto insurance policy can be pretty tricky. There are a lot of variables that influence your vehicle insurance premium. You may not be aware that the type of vehicle you have may alter the terms of your vehicle insurance premium policy.

You have to figure out how much coverage you need and the amount you feel comfortable paying in premiums. One of the more overlooked variables is the type of car that you're driving. This may ultimately impact the type of auto insurance policy that you qualify for. Here's a look at the factors that can significantly affect your car insurance premium.

• Your Car's Age

Auto insurance companies always consider the age of your vehicle to determine the insurance rate. If you have an older car, it may be challenging to find suitable replacement parts if your car is damaged. This is particularly true if you happen to own a vintage vehicle. However, the opposite is also true. If you have a brand new car, replacing any damaged parts should happen quickly. Newer cars are more expensive and haven't lost a lot of value compared to older models. However, keep in mind that the costs for collision and comprehensive insurance policies are higher if you have a new vehicle.

• Your Car's Unique Features

Your vehicle's make and model can significantly impact your auto insurance rate. If you drive a high-powered sports car, your auto insurance rates will likely be higher because your vehicle will need unique replacement parts if something needs to be repaired. Finding the components may be difficult, and your vehicle may require special care that a traditional auto shop may not be able to perform. If you have a standard sedan, replacement parts are much easier to find, and your repairs should be handled quicker than if you had a vehicle with a unique make. It generally costs more to maintain a high-end car.

• Your Vehicle Size

You may be surprised to learn that larger vehicles are generally considered safer than smaller vehicles. As a result, you may qualify for a lower premium if you have a large car. The size of your car's engine is also essential. Larger machines are harder to repair or replace, which means that they are more expensive to insure. Having a large engine may increase your premium.

• Your Car's Safety Rating

Your car's safety rating may determine your auto insurance premium. Most insurance companies expect vehicles to have basic safety features such as airbags and seatbelts. However, depending on your insurance provider, you may qualify for discounts if you have installed innovative safety features such as collision warning systems. Auto insurance companies may also research your Vehicle Identification Number (VIN) to find out more information.

• Your Vehicle Color

The color of your vehicle does not have a direct impact on your auto insurance premiums. However, there are some essential details regarding your vehicle color to consider before you purchase auto insurance. Research shows that most people prefer to drive white, black, or gray cars. This increases the demand for vehicles in these colors, which ultimately makes them more expensive to insure. In addition, if you opt for a custom paint job, that may also cause your premium to increase depending on how expensive the paint is.

The type of vehicle that you have can affect your auto insurance rates in various ways. Generally, it's a good idea to look for an affordable car with excellent safety ratings. If you have any questions about your insurance premiums, contact the insurance experts at Scavone Insurance Agency Center LLC in White Plains, New York, today for assistance.