It may be possible to work out roughly how much auto insurance you would have to pay just by taking into account the make and model of the vehicle.
For liability only, how much damage the car will do should you be involved in an accident is a factor one should appraise. Obviously a motorcycle will not cause that much damage and any damages would be cheap to repair whereas in the case of a sports utility vehicle, the damage is likely to be extensive and the cost of repair equally costly.
For full coverage, it is a combination of how much it usually costs to repair it and how likely it will be to get in an ‘at faut accident’.
Regardless of your background or personal history, the top ten cheapest cars to insure are:
· GMC Safari
· Oldsmobile Silhouette
· Oldsmobile Bravada
· Buick Century
· Buick Park Avenue
· Pontiac Montana
· Mercury Grand Marquis
· Honda Odyssey
· Chevrolet Venture
· Buick LeSabre
Arguably, the cheapest car to insure would be a sensible, affordable, small sedan with the most safety features and the cheapest engine, trim and features. But then who wants a small sedan for a car? Actually a lot of people - if car sales are anything to go by.
For anyone considering buying a salvaged or reconstructed car, don’t fool yourself into thinking that you can get away with paying reduced auto insurance rates by not telling your insurance agent about its history or by getting a new regular title for it instead of a salvage title. Not only is this considered fraud in many states, should you get into an accident with your ‘new’ car, the adjuster may eventually find out that the car was previously totaled and most likely refuse to pay any claim you make. However, if you do things right, you can have the car insured at the same rates for that same year/make/model, provided you can produce pictures as well as a letter from a mechanic attesting to the road worthiness of the vehicle and the insurance agent is convinced the vehicle has been repaired to a condition prior to its totaling.
