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auto insurance, insurance

New Car and Insurance Costs

Often when potential buyers are shopping around for a new vehicle, they tend to pay attention solely to the price tag instead of the overall package, which of course should include auto insurance.

According to Bankrate.com, the typical factors that are taken into consideration include gas mileage, vehicle size, comfort, and even the type of stereo included in the purchase. The question that is all too often omitted is “what is the cost of insurance?”

Not to mention, a quick call to your local auto insurance agent very well may assist in narrowing your choices. It also may help avoid the aftershock of additional costs once you get home and have already purchased your new vehicle.

Spokesman for the Insurance Institute for Highway Safety, Russ Rader, stresses the impact of make and model of your vehicle on a typical insurance bill. Most people think that only your personal driving record, zip code, and the demographics of the drivers in your household are taken into consideration; however, there are additional factors that are taken into consideration as well, including the exact car you choose to drive.

Insure.com recently conducted a survey to find out what the most expensive, as well as the least expensive cars to insure were and their findings are not entirely shocking.

If you are looking for an all around reliable, four-cylinder sport utility vehicle that is also cheap to insure, than look no further than the Mazda Tribute. This vehicle will only cost you $89.19 per month (on average).

Another incredibly affordable vehicle to insure is the $21,695 price-tagged Hyundai Santa Fe. The annual cost of insurance for this exact car on average is just $832.

Also on the list of low insurance price tags include vehicles made by SCION, Smart Car, Honda, Suzuki, Kia, and Lincoln.

On the contrary, if you happen to have a steady cash flow and are in a position where you can afford expensive insurance, then the Porsche 911 GT2 may be your future vehicle of choice.

Although you should be prepared for an annual insurance bill of nearly $2,943.78, this sleek Porsche tends to still be very approachable and appealing to auto buffs. Its ability to be maneuvered with ease, allows this expensive beauty to still be worth every penny.

Other makers of high-insurance vehicles include Mercedes-Benz, BMW, Audi, and Jaguar.

While Insure.com was creating this survey they also came across another interesting fact. Auto insurance is currently most expensive in the states of Washington, New Jersey and Louisiana.

Their entire study was based around a 40-year-old male driver with a 12 mile commute to work. The quote was factored around a policy with limits of $100,000 for injury liability for one person, $300,000 or all injuries and $50,000 for property damage in case of an accident.

Luckily, for drivers in both Arizona and California we are not among the states with the highest insurance premiums; however, if you are looking for auto insurance in either state please visit ASJ Insurance & Financial Services Inc.’s website www.asjautoinsurance.com today for a quick and easy auto quote or call them at (602) 212-1048 or (877) 275-2201.

ASJ Insurance & Financial Services Inc. represent many reputable insurance companies like The Hartford, MetLife Auto & Home, Travelers, Progressive, Infinity and other companies and are sure to find you coverage that fits your need and budget.



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