Your history with auto insurers will have shown you that your automobile type can make a big difference in how much you pay for your insurance premiums. You may have higher insurance rates if you drive a sports car. This is because it is often smaller and more powerful than a sedan or station wagon. The “convertible”, regardless of its size, is probably the most expensive type to insure.
This practice is common among almost all insurance companies, even though it might not be fair for the convertible drivers.
You are a liability to the insurance company if your vehicle is damaged or you inflict any injury to yourself or others. This can be very costly for your insurance company. Statistics show that small, fast and flashy drivers are more likely to injure their passengers or damage their cars. Although these cars are fun to drive, they can also attract the attention of other sex. However, they are more dangerous to drive and more likely to be in an accident.
Convertibles are more dangerous than small cars and are more likely to cause injury or accidents. The feeling of freedom you get when driving down the freeway, on windy beaches or up mountains makes us feel much younger and more powerful than if we were driving a family car. You will pay for the sensation of wind blowing through your hair, which can make you feel years younger. Sometimes, the price is too high in dollars and in lives or property damage.
The convertible is most susceptible to damage than any other vehicle. It has a “rag” roof that provides no support. If your vehicle is involved in an accident, it may take a few rolls. You have to decide what is more important for you and your family. This can increase your insurance premiums and make it more expensive for you to insure your convertible.
If you’re smart enough to know that there are many insurance companies available and how their ratings compare, it is possible to lower your insurance premiums. You can also check out all the options by obtaining an online quote comparison.
High deductible auto policies will allow you to save money and lower your premiums. You will be amazed at how much money you can save by choosing to pay your premiums for a six-month contract or a year-long contract. You can also reduce your mileage per month to lower your auto insurance premiums. You might only drive your convertible during the summer. This can help you save a lot on your premiums. As you can see, you can still enjoy the convertible experience and save on premiums in places you might not have considered.
