Insurance – Car Ratings and Your Car Buying Decision

Here’s a fact you may not even know: the make and model of your car affects your insurance premiums.

When it comes to insurance, car ratings matter. Ratings from leading US auto insurance providers indicate that the 2008 Ford 500 and Ford Taurus are among the best Fords to hit the road in terms of insurance costs. For insurance costs applied to bodily injury and property damage, both Fords rank at the top and charge significantly lower than what standard premium rates mandate. These cars also get discounts for ranking high on the damage and theft rating. The Dodge Avenger and Neon, however, are on the bottom rung; driving will not give you any VSD and your insurance costs will be significantly higher than the standard premium rates.

Before you decide to buy a car, learn how your options rank in the car ratings provided by your insurance company. Also consider the ratings and ratings of other providers. Knowing your potential auto insurance costs is an important factor in making an informed financial decision. This decision has a direct effect on how much you will have left in your monthly budget for other needs. Consider which car makes and models save you the most money on car insurance. Automatic ratings are great tools to help you narrow down your choices.

If you’re not planning a purchase but finding it difficult to meet your auto insurance payments, car ratings help you deal with that problem. You can sell your current car or switch to a more profitable make and model.