Getting car insurance policies nowadays would indeed cost you a lot however going away without them is not possible at all. There are several factors that could influence the rate of auto insurance policies. Remember your records like credit history and driving history matters a lot. If you have been handling your credit and finances well you have better chances of getting lower auto insurance rate. If you’re driving records reveal no marks of being involved in any major or minor car accidents or any list of you receiving tickets well chances are your auto insurance policy price will be reduced.
The place where you are driving the vehicle is another factor. For car owners in cities they experience paying higher insurance rates than people living in rural areas. Statistically speaking more car-related accidents and theft occur in urban places thus policy holders in metropolitan areas are considered to be more risky than people in rural places.
Younger drivers also get to pay more than drivers who are 25 years and older. In addition to this male drivers tend to be assigned with higher policy rates than females.
Your car make and model also matter. Driving sports cars or any luxury cars would sound so good to the ears but handling them in the pocket would not be that enjoying. Indeed driving older car would lower your rate. Using used cars instead of a brand new one can save you from spending serious amount of money. Getting used cars can free you from high monthly payments that are wired with brand new cars and it can make you save dollars on the initial cost of down payment.
Used cars would have lesser value than new ones thus it would not be expensive to ensure. It posts lesser risk since it is an older model. Older cars are not attractive to the eyes of thieves, would cost insurance company small amount for repair in case of damage or even when totaled. Indeed there are several advantages that policy holders can maximize if they will use used cars instead of new rides. Another way to save money that the use of used cars can bring about is through reducing the coverage for collision or comprehensive insurance. If you are using a brand new car you really must have these two coverage for your own good and protection but these would really make you pay more.
If you are a kind of driver who is really just after the transportation use of his/her vehicle, driving a brand new car or a used one would really not matter. Moreover if you are a wise consumer and policy holder you driving a used car would be your choice given the advantages it can provide you.