Tips for Covering a Classic Car with Insurance

How to Cover a Classic Car with Insurance in San Diego, CA

If you’re trying to figure out how much you can afford to pay for a new car, it’s important to consider how the type of vehicle can change your insurance premiums. While exact rates will vary between insurance providers, certain types of cars are generally less expensive to insure. Presented by Tristar Insurance San Diego, here are five types of cars that usually have low insurance rates.

1. Family Cars

Family cars and other non-sports models are often cheap to insure because they are less likely to be used in risky activities like speeding or racing. Insurers accept less risk when insuring a family car, so they can charge lower premiums for coverage. A family car can include minivans, crossover SUVs, and station wagons, but many traditional sedans may also be considered a family car or receive similar insurance rates.

2. Cheap Cars

From clunkers to jalopies to reliable cars that have been in the family for a long time, cheap cars cost less to insure because of their low monetary value. Owners of cars that have little value can usually further reduce their insurance costs by eliminating collision coverage options from their policy. Comprehensive insurance plans are usually a smart choice, but since serious collision repair often exceeds the value of very cheap cars, selecting a basic insurance package may make more sense for a car of low value.

3. Cars with Low Insurance Ranking

Insurers often classify cars into numbered groups, based upon factors that include performance, security, sale price, and replacement parts prices. Insurance providers use these classifications to figure out which cars are least risky and will cost the least to repair over the long term. Cars in these insurance groups can usually find cheap car insurance in San Diego.

4. Bare Bones Cars

Bare bones cars, or vehicles that do not have expensive accessories, like custom rims or fancy stereo systems, usually cost less to insure than cars with additional features and options. These cars are less appealing to thieves and have fewer expensive parts to replace in the event of an accident. However, certain additions to vehicles that can make a car safer to drive, like automated safety belts or fog lights, can actually make insurance rates go down.

5. Cars with Good Drivers

Most of all, cars driven by good drivers are the cheapest to insure. Factors such as the age, gender, claims history, and driving record of the driver often have a greater affect on car insurance rates than the car itself. When you’re looking for low insurance rates, discussing a good driving history and credit score, education, and other factors can help you find the best rate.

Looking for auto insurance in San Diego? Turn to Tristar Insurance, a leading provider of affordable San Diego motorcycle insurance and car insurance. Offering a variety of coverage options, we are determined to help San Diegans find affordable packages that fit their insurance needs. To see how much money you can save on your insurance rates with Tristar, give us a call at 619-272-2100 and ask for a free quote.