Car Insurance Premiums Vary For a Wide Variety of Reasons

Choosing a vehicle isn’t just about the look or speed. You may find a beautiful vehicle that is fast and is perfect for you, until you check with your insurance company. Yikes! The premium could be a deal breaker.

 

Car Insurance premiums widely vary between vehicles. There are many factors that come into play when determining the premium both personally and for the vehicle.

 

Personal factors include:

  • AGE
  • SEX
  • MARTIAL SATAUS
  • CREDIT HISTORY
  • WHERE YOU LIVE
  • DRIVING RECORD

 

For the vehicle

  • SAFETY TESTS
  • ACCIDENT RATES
  • LIKELIHOOD OF THEFT
  • COST OF REPAIRS
  • THE ENGINE SIZE

 

 

Luckily, we’ve chosen the top five cars with the cheapest premiums among the most popular vehicles and the most expensive.

 

BONUS: Check the bottom for the best brand for insurance premiums.

 

 

Vehicles with the lowest premiums

 

Honda Odyssey LX

Annual Insurance Premium: $1112

 

Jeep Renegade Sport

Average Annual Insurance Premium: $1,138

 

Jeep Wrangler Black Bear Average

Annual Insurance Premium: $1,148

 

Honda CR-V SUV

Average Annual Insurance Premium: $1170

 

Jeep Compass

Average Annual Insurance Premium: $1183

 

 

Vehicles with the highest premiums

 

Mercedes S65 AMG (Convertible)

Annual Insurance Premium: $3835

 

Dodge GTS Viper

Annual Insurance Premium: $3779

 

Mercedes S63 AMG 4Matic (Convertible)

Annual Insurance Premium: $3624

 

Maserati Quattroporte GTS

Annual Insurance Premium: $3547

 

Mercedes S550 (Convertible)

Annual Insurance Premium: $3502

 

Every insurance policy is going to be different. There are different rates and coverage with different deductibles. Before purchasing a new vehicle, speak with your insurance agent about what type of vehicle would work best for you. Your personal details, including what coverage and deducible you can afford, should be discussed with your agent. Save yourself the heartache of finding a vehicle you love, only to learn you can’t afford it plus the insurance.

 

When you are shopping for vehicles be sure to ask about its safety rating and safety features. Some vehicles will have back-up cameras, rear cross traffic alerts, lane departure alerts, and blind spot monitoring. These features may help your insurance rates, but are really useful while you’re driving.

 

BONUS:

The best brand for lowest insurance premium goes to JEEP. Jeep has several vehicles that consistently have lower premiums. The Jeep Wrangler SUV, Jeep Patriot, Jeep Cherokee, Jeep Compass, and Jeep Renegade have some of the best insurance rates.

Does Insurance Cover Windshield Repair?

It promises to be a sunny, pleasant day as you and your family are cruising down the road. Suddenly, a large truck passes by and produces tiny rocks in its wake. You hope for the best but unfortunately, a small stone finds your windshield and produces a ding. It’s only a little star-shaped spot, but you know that it could start spreading at any moment causing need of a full out windshield replacement.

There are two ways to go about attending to the ding. You can repair it yourself, which will fix it for a little while but might require replacement later, or you could go ahead and get it replaced. The good news is that most insurance policies cover this sort of damage, but let’s look into your options and examine the possibilities.

 

Repairs Before Insurance

According to the NWRA, National Windshield Repair Association, replacing a windshield is much more expensive than repairing one. They suggest that any repairs should be carried out as soon as possible to prevent any further cracks or the damage becoming worse. A general rule to help your decision is that a chip or crack smaller than a dollar bill can generally be repaired.

Find a magnifying glass and take a good look at the damage. To fix this little problem, a neat technique is to inject acrylic adhesive or epoxy into the crack. You can purchase a repair kit for around $10 to save your windshield, at least for a while. Walmart and other big department stores carry these sort of items, as do autoparts places like Autozone.

Unavoidably, your window might need to be replaced, but at least you’ll have time to save a bit of money before diving into the process of  windshield replacement.

 

Insurance Help

No need to fear however, if you aren’t able to patch up the ding. Your insurance policy may be able to help with any repairs needed. Comprehensive or full glass coverage options are available to protect you against the cost of fixing or replacing a windshield.

Comprehensive coverage assists you in repairing or replacing your vehicle if it’s stolen or damaged in an accident that’s not a collision. This can include fires, vandalism, or falling objects like trees or hail. If you are leasing or financing your car, your lender most likely requires comprehensive coverage. If you own your vehicle, this coverage is an optional addition to your car insurance policy.

Full glass coverage is available in some states as part of, or addition to, your comprehensive coverage. With this option, you may not have to pay a deductible for any repair done to your windshield. Talk with your local insurance agent to get more details about your specific coverage choices.

 

Determining Deductibles

The amount of money that you would pay out-of-pocket before your insurance starts helping pay for the claim is the deductible. Whether you pay for a damaged windshield claim or not depends on your own policy and where you live. Keep in mind that usually a car insurance policy will only cover the amount of a claim that exceeds the deductible.

For example, say you have a deductible of $500 on your comprehensive coverage. If you make a glass claim to get your cracked windshield repaired but it only costs $198, you’d end up paying entirely out-of-pocket. But don’t worry, there are some situations that could relieve you from paying a deductible on a glass claim.

  • If your comprehensive coverage includes a glass repair agreement, then depending on your policy, your insurance company won’t apply the deductible if the windshield only needs repairs and not replacement.
  • If you’ve chosen full glass coverage, then it will pay for the repair of a windshield with no deductible.
  • Some states do not apply deductibles to comprehensive claims on windshield damages, so check out your state’s regulations on auto insurance claims.  

All in all, repairing the damage yourself is the best route to go, but if you need replacement, it’s always best to check out what sort of insurance coverage you have. Looking into it now can help any future accidents as well.

Windshield damage can’t always be prevented, but having the proper automotive coverage in place may help you get repairs made so you can get back on the road.