The most important factor in car insurance

Although there are a number of contributing factors in the premium rates on your auto insurance, traditionally believed to be the most important are the make, model and year of your car, but according to a recent study, this might not be true.

The report took a look at the cars more expensive to cover by insurance, as well as cars whose coverage is less expensive. While the make, model and year of car are essential factors, the driver's age also plays a role in terms of percentages given by insurers.

Let's talk for example of the Mitsubishi Lancer, one of the most expensive cars to insure, Scion Tc, the Hyundai Tuscani Tiburon or Hyundai and Subaru Impreza WRX, which are some of the vehicles included in the list of high rates of insurance premium . These cars tend to be bought and driven by young people.

At the top of the list of most expensive cars for insurers is the Cadillac Escalade EXT and is usually a good target for crime. At the bottom of the list are five cars like the Buick Rendezvous and Honda Odyssey, cars are not driven by young people. According to the report, older drivers tend to be more responsible and prudent young drivers.

Consider that even if you have no expensive car to insure, the insurer will charge more if the insurance is for a young person than for someone older. Sure, if you're young you can save a little if you buy a car that is not among the top of the list.

Insurance for young drivers

Even if you're rich and have an independent business, allow your child to touch the steering wheel can be a very expensive proposition with your insurer. While we can not change that, we offer some suggestions to help minimize the impact of this stage.

Buying a car with four doors. Young people like cool cars and resilient, but adolescents should not be allowing any car of this type until they are adults.

Make sure your car has a good safety rating. This is important beyond to help you save some money on your insurance payments car.

Set firm rules on the use of the car. Let your children know clearly what the rules regarding the use of cell phones in the car, the radio volume and how many friends are allowed in the car.

Your children should be added to your auto insurance. It is not something to save money on paying your premiums, but that your child is protected in case of an accident. The last thing you want is to file a claim if your child has an accident and the adjuster can not see you because it is not added to your auto insurance.