There are a variety of factors that influence how much you pay for auto insurance– or anywhere for that matter! Factors can include your age, driving record, gender, marital status, your commute, where your car is garaged, and the vehicle’s make and model.
Considering that all other factors are held equal, the type of vehicle you drive can have a direct impact on your insurance expense.
The reason? High-end, luxury cars cost much more to repair than a standard, family car. Insurers are going to take this into consideration.
Additionally, smaller cars tend to be associated with more serious injury and collision claims than larger vehicles, as they tend to get in more accidents. More compact cars also tend to be less safe than large, heavy-duty vehicles because they are less able to absorb the energy of a crash.
Many of our Atlanta insurance clients will ask the question, “What’s the least expensive vehicle to insure?”
To our knowledge, the answer is “the minivan!” These vehicles tend to have good safety records, and their typical drivers are the do-it-all “soccer moms!” These vehicles are not designed for speed, or to whip in and out of traffic, so they don’t promote unsafe driving habits.