Car insurance policy differs from one model to another. The automobile insurance offered for the car models manufactured by branded names like Audi, Mercedes, Ferrari, etc, are accompanied with higher premiums. Instead of opting for such costly types of car insurance, you can get your car insured at cheaper rate, by going through the auto insurance quotes online, for all car models.
Insurance companies scrutinize the car models into different categories based on the name of the manufacturing companies. The brand names will be ranked on the basis of their current popularity in the market. The lower the rank of your preferred car, the cheaper the insurance quotes you can obtain.
Here are some of the common factors the insurance companies consider before enlisting the cars under particular list.
Cost for their Spares
The car models manufactured by top listed brand names can cost a fortune, when met with an accident. The spare parts used are rare ones and quite difficult to replace. Secondly specialized mechanics are needed to repair special models and they are expensive. Therefore the insurance companies will have to suffer from major financial blow because they are unable to cover the huge repair expenses from their regular insurance rate.
Repair Charges
Car repair charges often include mechanics labor charges, cost of finding and importing rare spares, etc. There are no fixed charges, when the subject of repairing costly automobile arises. These cars require an insurance policy with comparatively higher rates.
Cars that are Cheaper to Insure
Chevrolet Spark
Chevrolet Spark is the kind of car model best suited for travelling in cities. This comfortable family car is designed with 4+1 seating features and other clever touches. If Chevrolet car lacks in performance, it is covered by the insurance policy with cheaper rates.
Smart Fortwo Cabriolet and Coupe
Smart cars are designed with the main aim of helping people to easily escape from the slow moving traffic areas. Smart Fortwo Cabriolet and Coupe is designed with 1+1 seating feature. Both are best suited for urban roads as well as the localities, where it is quite difficult to find parking spot. Maintenance and servicing charges of these cars are quiet cost quite costly but the insurance company provides coverage at low rates.
Skoda Citigo
The experts from both Volkswagen and Skoda group of manufacturers designed this car. It is best suited for city life and is easily affordable. Moreover, its repairs and service charges are economical. Insurance companies offer cheap and best insurance quotes for this car.
Dacia Sandero
Dacia falls under the second group in the list of cheaper car insurance quotes. This is one of the best and easily affordable car models that is particularly designed for city life. The car includes 5+1 seating options and is very spacious. It is also listed under cheap car insurance models.
Hyundai i10
The recently introduced model from Hyundai, i10 has successfully replaced its predecessors in the market. This second generation model is designed with easily available spare parts and so getting cheap auto insurance coverage for this car is simple.
There are many such recently introduced car models that can fetch you an insurance policy with excellent quotes within your budget. For further queries, you can visit our Homepage!
By Smit Sanghvi
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