| Why are rates different for different cars, even if the cars cost the same? |
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| Why are rates different for different cars, even if the cars cost the same? |
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Vehicles are also grouped into categories according to their liklihood of being damaged, vandalized or stolen. Insurers generally consider the size and type of vehicle (to evaluate the safety of the vehicle), as well as the value and the cost of repairs (which can vary greatly, even on vehicles that cost roughly the same). Thus, a new station wagon is expected to hold up better in an accident than a sports car or a subcompact.
That's why you should research insurance coverage before you
buy your car. It helps you to understand the actual cost and
indicates those vehicles with good safety records.
| Association of Wyoming Insurance Agents | ||
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P.O. Box 799 Sundance, WY 82729-0799 Voice: (307) 283-2052 Fax (775) 796-3122 Email: awia@vcn.com |
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