Cars that can reduce your insurance premium money.madenginer.com

Several factors play into the cost of auto insurance premiums. One of these factors is the type of car you drive. A luxury sports car or an expensive SUV can significantly increase your premiums, while something more tame and less exciting can lower your premiums. If you’re looking for the best cars to buy to reduce the amount you pay for insurance, here are our top three picks.

Compact car

A small compact car can help lower your insurance rates. In many cases, these are inexpensive to fix, and some would say they don’t go fast enough to get you in trouble (although the author may ask for the difference on some models). Check out the Toyota Prius, Chevy Aveo, and Ford Focus for new cars. If you’re looking for a used car, the Dodge Neon, Chevy Cavalier, and Ford Escort are all great options to help lower your insurance rate.

Minivan

As families are getting bigger and people have more commitments, this “Soccer Mom-Mobiles Game” is becoming increasingly popular. They get plenty of gas in most cases, hold everything but the kitchen sink and have all the bells and whistles to make them great for road trips. With add-ons like DVD players and heated seats, you can almost forget you’re driving something “not cool.” And when you get your insurance bill, you’ll definitely forget about your minivan’s “lack of finesse”—minivans come with low insurance premiums. Chrysler City & Country, Dodge Caravan, Hyundai Entourage, Toyota Sienna, and Mazda MPV are great options if you’re looking for a minivan.

Compact pickup truck

A compact pickup truck is another great option if you’re looking for a great vehicle that gets great gas miles and can help you boost your auto insurance dollars. Check out the Ford Ranger, Chevy S-10 and Mazda B-Series trucks in both new and used models.

The Dodge Dakota is considered a “mid-size” truck, as opposed to a compact minivan, but the Dakota also comes with a small insurance price.

Before you buy any car, talk to your auto insurance agent to get an insurance quote. This can help you avoid making a mistake at the dealership and buying a car that will break your bank when it comes time to insure it. And, as always, if you have questions about this article or any other financial topic, seek out a responsible, licensed financial advisor. Cars that can reduce your insurance premium money.madenginer.com