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How Much You Can Expect to Pay When Shopping Around for a Car Insurance Quote for Proper Coverage

When shopping for a specific make and model of a vehicle, it can be easy to forget about the costs involved with auto insurance that you’ll need to obtain when driving the vehicle around. The year, make and model for your vehicle are the main factors used to determine your car insurance policy. As a driver, it’s important to understand how much you can expect to pay when shopping around for a quote for proper coverage.

The average theft rates of the make and model are also factored into the cost. Drivers living in busy downtown areas or cities are likely to pay more because there’s typically a higher theft rate.

Mercedes-Benz CLS-Class

Luxury car insurance can mean paying more for the policy, which can cost an average of $2,000 per year or $168 each month. Vehicles like the Mercedes-Benz CLS-Class can cost anywhere from $1,596 to $2,982 depending on the company you select with the policy you choose. The Mercedes-Benz C-Class can be $167 per month and ranges from $1,473 to $2,671 per month.

Those who own a luxury vehicle can also choose to add on extra insurance options like collision and comprehensive insurance, gap insurance and custom parts and equipment. With custom parts and equipment, you can have coverage for items like television equipment, stereos, navigation systems, wi-fi and special carpeting or installation.

Pontiac Solstice

The Pontiac Solstice is one of the most popular sedans on the road and is favored for its low price tag for drivers. The insurance premiums for this type of vehicle can vary significantly. The rates are often impacted by tickets the driver has acquired in recent years, if you own your own home, the deductible you choose, your credit score, the safety rating of the Solstice you own and your gender because men often pay more than women.

Chrysler Sebring

As a mid-size automobile, the Chrysler Sebring costs an average of $85 per month to insure, which is influenced by a variety of factors. The age of the car, the age of the driver, the location of the residence of the policyholder and the driving record of the policyholder all determine the rate. 

Comparing rates is key to getting the best deal on your Sebring insurance policy so you can continue to keep up with the maintenance and any car payments you may have if you’re financing the vehicle.

Nonowner Car Insurance

Many people are surprised to learn car insurance policies are also available for drivers who don’t own a vehicle. Car insurance can be useful if you still spend time driving, even if it’s not your own car. Nonowner car insurance in New York can protect your pocketbook if you’re at fault for causing a collision and will also protect your at-risk driver status. 

Whether you borrow a friend’s car to run to the grocery store or you rent a vehicle while on vacation, you can have peace of mind knowing the cost to repair the vehicle you’re driving or other motorists’ vehicles will be covered with your policy. 

Nonowner auto insurance policies can also allow you to save money whenever you choose to rent a car. You’ll still be required to purchase the collision damage waiver to ensure any physical damage is fully covered, but the nonowner policy you already have will typically extend liability.

The average cost of nonowner auto insurance policies is an average of $474 per year, which is influenced by the city where the driver is located, their driving record and their credit score.

Drivers who should consider getting auto insurance is anyone who rents a car frequently, if your state requires insurance to get your driver’s license reinstated and if you want to maintain continuous auto insurance coverage while you’re in-between cars to avoid looking risky to insurers.

Ways to Save

When filing a claim with your auto insurance company if a collision or accident occurs, it’s important to get a cost estimate at a local body shop to decide if you want to pay out of pocket. Paying out of pocket may be a more affordable option since the policy will likely increase in cost if you file a claim.

State of Insurance analysis tools are also available online to determine how much at-fault collisions end up increasing rates. 

Checking for discounts is also essential to avoid paying full price. You can bundle your homeowner’s insurance with the auto insurance policy for added savings. There may also be discounts available for good students, good drivers and veterans. Many companies also provide discounts when you sign up for auto-pay or pay directly from your bank account. Multi-vehicle discounts and paperless discounts are also available for additional ways to cut down on what you spend throughout the year to drive insured.

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