If you've got your eye on a little red sports car as your weekend car, for every day, or to help you through a midlife crisis, be warned that the flashier your vehicle is, the more you'll pay for auto insurance.
Your vehicle helps determine your auto insurance rate. Read more to find out how.
Who pays more?
Auto insurance protects your finances in the event of a loss. Because of higher repair and replacement costs when there's an auto insurance claim, generally, fast, high-performance vehicles are more expensive to insure than 4-door family sedans. It makes sense that owners of more expensive cars have to pay higher auto insurance rates — they have more to lose financially in an accident.
Everyone notices a sports car — in fact, police officers are especially on the lookout for drivers in flashy vehicles. Drivers of flashier cars, especially red ones, are more likely to get cited for speeding and other violations. Speeding tickets on your driving record can really increase the long-term costs of your auto insurance.
Vehicle features that help you save
Safety features are an important part of your vehicle — sports car or sedan. They could save your life in an accident and earn you an auto insurance discount.
Antitheft devices deter thieves and could also earn you a discount on your auto insurance. Read more about ways you can save with antitheft devices and how to prevent your car from being stolen in our learning center.
Online research saves you money on auto insurance
Considering a new or used car? While you're doing online research for the car of your dreams, get an auto insurance quote from Esurance to find out how much you'll pay for auto insurance coverage. You may decide that you're not ready for that mid-life crisis toy when you see how much more it costs to insure!
Auto insurance quotes from us are always free. Get your auto insurance quote today!