Why would it cost more to insure an expensive sports car than an economy car?

Why would it cost more to insure an expensive sports car than an economy car?They cost more to repair.
Higher theft rate, higher probability of an accident, more

Related video:

expensive to repair.

What do you do if your classic car is worth more than you would be reimbursed on a standard policy and you do not qualify for classic car insurance?

There are insurance companies that cover Classic cars, and usually runs about $80.00 per $5000.00 of coverage. I have a 49 Chevy pickup I am fixing up and have it presently covered for 5000.00, but can increase coverage as the restoration progresses. I have my coverage thru Hagerty, but there are many companies out there. Look at companies that suggest classic car insurance quotes. They will permit you to personalize your policy, hence insuring your car according to its actual value, the work you put into maintaining it, or even sentimental value. I have my antique and classic cars insured with The Hartford and have been truly blessed with them so far.

If you have a family car and an expensive sports car that only you will drive what type of insurance or insurer will cover the sports car?

.
Response .
If you already have insurance on the family-car, then you can put the sports car on your insurance and tell them you will be the only driver of the sports car. Make sure no one else gets caught driving the car by the insurance company (wreck, etc.). Or look in the yellow-pages in your phonebook, and call several car insurance companies. They should be able to tell you. Always call Three or more places to get the lowest deal you can, depending on what plan you want or qualify for.

What would it cost to insure a car?

Its according to what kind of insurance you get. My very very first year with my linceses,I only paid $50 va month. But soon after that 1st year, it shot up to $300 a month. attempt this site where you can compare quotes from different companies: insureinfo.us

Why is it more expensive to insure a crimson car?

Reaction .
It is not more expensive to insure a crimson car. That is presently a myth. It may have been a factor in the past as people thought that people who bought a crimson car were more at risk for speeding and accidents, but that is not the case. If you get quotes from insurance companies they will not ask for the color of the car, or if they do it is only for record keeping and will not factor into the cost of insurance..
Factors that do matter are the year, make, model, bod type, engine size and age of your car, as well as drivers on your policy.

Is car insurance more expensive if you have a Class B license?

It depends on points, practice, ect. Generally, tho’, it will depend on the company itself. Some companies may say, for an example, “This driver has more practice with automobiles, so he/she is less likely to be involved in an accident”, while others may not care. There are pleanty of examples where it works either way.

What cars are the most expensive to insure?

Im not sure which is the most expensive, but infrequent, limited, classic cars can be expensive, lets take the McLaren F1 car for example, this is a infrequent, expensive, limited car wihch cost more to insure than buying the car itself. Mainly it is expensive to insure powerfull, sporty cars.

What is the name of an expensive sports car?

it depends how expensive.
for about 100 000 you have a cadillac xlr.
for about 75 000 you have a corvette.
and theres a mustang.
viper.
saturn sky.
pontiac solstice

Is the insurance of a black car more expensive then a silver car?

NO..
Rates are determined by a multitude of factors, however color is not one of them. Driving history, year/make/model, credit history, where you live, etc determines the rate.

Why is your car insurance so expensive?

because if you get in a wreck…your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident. because if you get in a wreck…your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident.

How much is the cost of insurance for sports cars different from regular cars?

It depends on you’re driving record, age, marriage… many aspects. Commence with calling an insurance agency and getting quotes. it also depends on how many times you have crashed before and what type of sports car you are driving.

Is car insurance more expensive when using for business?

Typically Yes, this is because people who use their vehicle in the course of business present a higher risk than people who just drive to work and then drive home.

Why would it cost more to insure an expensive sports car than an economy car?

Car insurance costs more for cars that can accelerate quicker than Ten mph per 2nd Which car’s proprietor will pay more for car insurance?

While acceleration does play a part in your insurance costs – insurance companies use much more sophisticated factors. One of the largest considerations which is trending right now in the insurance industry is the size and weight of the vehicle. When you combine that with the speed or acceleration a vehicle is capable of it provides a much better rating for potential harm for a given vehicle. Hope this helps!

Is a Two door car more expensive to insure than a Four door car?

Yes, because insurance companies think that because its a two door it is more sporty and in turn you will very likely be more likely to speed in it.

Car insurance costs more for cars that can accelerate swifter than Ten mph per 2nd?

While acceleration does play a part in your insurance costs – insurance companies use much more sophisticated factors. One of the largest considerations which is trending right now in the insurance industry is the size and weight of the vehicle. When you combine that with the speed or acceleration a vehicle is capable of it provides a much better rating for potential harm for a given vehicle. Hope this helps.

Is car insurance more expensive on a truck?

Truck insurance generally costs more than insurance on a regular passenger car….. if both policies were alike in coverage amounts.

Is a convertible car more expensive to insure?

Usually yes. Convertables are usually very puny and smaller cars don’t do the driver so well in a car accident.

Related video:

Does insurance on a classic car is more expensive than on a regular car?

usually less as your not using it for an every day driver and you can put the value on the vehicle that you want to be insured, if it’s worth $30,000 you insure it for that amount.

Why does car rental insurance costs more than the car rental?

The ordinary reaction is that it doesn’t have to. Buying your car rental insurance directly with a specialist before you arrive to pick up the car can save you ample amounts.

What is the most expensive car cost?

Bugatti Veyron $1,700,000. This is by far the most expensive street legal car available on the market today. It is the fastest accelerating car reaching 0-60 in Two.6 seconds. It claims to be the fastest car with a top speed of 253 mph+. However, the title for the fastest car goes to the SSC Ultimate Aero which exceed 253 mph pushing this car to 2nd place for the fastest car. most expensive cars The Bugatti Veyron 16.Four Grand Sport use 1001 hp, 16-cylinder engine, and has been developed so there will be no draft inwards, even when exploring the upper reaches of the car’s 217 mph top speed. Traits with Two.7 inch LCD mirror. This car is the world’s fastest roadster. .

Are expensive cars more safer than cheaper cars?

To some extent; there are a few extra features which might be reserved for top-of-the-range vehicles, but in general most cars will have the basic precautions: safety belts and airbags, Six pack and good tyres and brakes.

Is Jet fuel more expensive than Car Petrol?

YesNow days they even charge more for kerosene than they do for ordinary unleaded gasoline or petrol if you choose. Jet fuel is very similar to kerosene. You can use JP-5 in your jet engine or your diesel engine. ————————————————————————————————— Well i think it truly depends on the geographical location. Petrol prices in Mumbai,India, as of Dec,2010, is Rs.60/Ltr and prices of Jet Fuel in Rs.47/Ltr. Fuel Prices are at an astronomical high figure and have enhanced at a steep rate and i guess the trend will proceed.

Why do ferraris cost more money than other sports cars?

They are mitt built with the finest of parts, craftsmanship, and very few are built each year. They are performers that are in essence race cars you can drive on the street.

Is auto insurance more expensive for teenage drivers driving sports cars compared to regular vehicles?

Auto insurance rating multiplies the base insurance rate for a car times the factor for the driver. So a car which has bad practice, multiplied by teenage driver (much more likely to kill someone in an accident), results in higher premium.

How much would insurance cost for a 16 year old on a sports car?

Insurance is based on many things, not just age and car. Your driving history, practice, exact type of car, where the car is garaged, and even credit rating. Call numerous agents in your area and they can give you exact quotes.

Why would it cost more to insure an expensive sports car than an economy car?

Do crimson sports cars cost more on insurance?

The color of the car has nothing to do with how much your auto insurance costs, but it being a sports car does increase the cost. Other factors that may affect the cost of your auto insurance are age, masculine or female (if under 30), married or single, driving record, and distance to and from work, to name a few.

What would your car insurance cost?

This would cost based on several factors like: If privately wielded use or commercial. If commercial whether it is passenger or goods carrying. Type of vehicle, sub model, age of vehicle, CC if pvt possessed or GCW if commercial. If vehicle’s current insurance has lapsed or active. If someone is buying comprehensive & previous claims history or just mandatory 3rd party insurance.

Is car insurance more expensive if the car does not have airbags?

If your car does not have air bags, yes – your insurance will be more expensive, all other things being equal. To put it simply: If you have air bags, that’s a discount.

Why does your car insurance cost more because your wifey does not drive?

Most likely you lost your multi-driver discount. A spouse driver of similar age and clean driving record often adds less than 1 to Trio percent to your premium. Multi-driver and Multi-car discounts can often add up to Trio to Five or even Ten percent discount. It could also be that your insurer inadvertent re-rated you as single if no spouse is listed. I suggest you call your insurance agent and discuss it with them.

Why is insurance more expensive for a sports car than for an economy car?

sports cars are swifter than an economy car so they think you will speed and that makes you more likely to get in an accident

Does car Insurance Cost more in the UK than the US?

Car insurance in the UK can potentially cost more than in the US, but it could also be the other way around. Both of these countries are divided into smaller states that each have their own insurance laws and pricing.

Is it more cost efficient to buy car insurance online?

Depending on what company you go with, it can be cheaper to buy online. Many companies have several discounts and offers for online buying. However, some just use those to get you to buy.

Is womens car insurance cheaper or more expensive than mens?

Womens’ car insurance can cheaper or more expensive than mens.’ It all depends on many factors. Age is very significant. Your driving record plays a superb part in the amount you will pay for car insurance.

Does insurance cost more on fresh car than old?

Yes, if you take out collision and comprehensive insurance. The more the car is worth the higher the insurance premium.

Does motorcycle insurance cost more for a teenager than car insurance?

It depends on what you drive / rail. It is best to get quotes from different insurance agencies, and find out who can suggest you the best deal for the coverage you want.

Why is car insurance for an Audi so much more expensive than other cars?

Actually, Audi car insurance tends to be less than many other cars of the same (luxury) class but will be more than cars of different classes because they are luxury cars and thus more expensive to purchase. The more expensive a car is to purchase, the more it will be to insure.

Is mercury car insurance less expensive than Geico?

The price of the insurance can be less than geico, and more than geico. It all depends on your private records, cars, and what plan you choose. they may not be cheaper due to bad record.

How much more expensive is European car insurance than American car insurance?

“European insurance is generally more expensive and varies depending on what part of Europe you are in. Since there is broadbased rates across Europe, checking with the Country’s embassy or the American Embassy in that country can be most helpful.”

Why would it cost more to insure an expensive sports car than an economy car?

Is Swinton Car Insurance expensive?

Swinton Car insurance is a company that serves the residents of the United Kingdom. It’s cheaper than most insurance companies over here because they have a cash back program.

Are SUV cars more expensive than sedans?

“Yes, SUV cars are much larger and use more gas and tens unit, so they are overall more expensive than sedans albeit some sedans may primarily cost more. But with gas prices on the rise, you want to get an economically-friendly car.”

Why does CAR antifreeze cost more than CAR coolant?

It’s basically the same thing. You may simply be observing more concentrated variations of it that are more expensive.

Why is car insurance more expensive for drivers under 21?

Insurance rates are derived from claims statistics. The reason that car insurance is more expensive for drivers under 21 is that drivers under 21 have more accidents. Most likely this is due to inexperience but it is a fact that junior drivers do have more accidents.

Which sport car is the most expensive?

The most expensive sports car for the years 2012 – 2013 is the Bugatti Veyron Super Sport. The cost of this car is a staggering $Two,400,000.00. This is the high end version of the base Veyron which starts at $1,700,000.00.

Why is car insurance for youthfull drivers more expensive?

It is generally assumed that junior drivers are less experienced and therefor not as safe on the road as other drivers. They are also seen to be more likely to be racing or engaging in dangerous driving activities such as tipsy driving or texting and driving. There are some insurance companies that will lower rates for youthful drivers excelling in school, however.

Why is car insurance for sports cars so much more expensive?

This is due to the greater likelihood of accidents taking place which involve sports cars. This means that the risk of a claim being made against the insurance company is higher, and so they charge a higher price to cover their risk.

How can you find out more information about car insurance costs from Wawanesa?

A plain way to to find out more about Wawanesa car insurance costs would be to get in contact with the company. A call to the company would be the most efficient and interactive, however there are free quote websites online that can be used with rough accuracy.

Why is car insurance more expensive for a swift car?

A car insurance is more expensive for a swift car because it will have more lightly accidents. On the other palm, a slower car will not have accidents so often on average.

Where can one find more information about insurance for sports cars?

One can find more information about insurance for sports cars through and insurance agent. There is a premium insurance which covers these kinds of vehicles.

Are imported cars expensive to insure?

Imported cars are generally more expensive to insure. This is due to having to pay for the extra cost of shipping over parts in case an accident occurs.

Are BMW car parts more expensive than American car parts?

If you live in the United States they will normally cost more butit also depends on the make and model American car you arecomparing with. Cadillac and Lincoln parts are also not cheap.

Related video:

Are today’s cars more expensive or more cheap than classic cars?

It depends on the make. If it was an old classic Cadillac or something then it would be more expensive than some cars now but if it was something like an Audi R8 then would be about the same value as that however if you had a non-popular car then it would not be that priceless

Leave a Reply

Your email address will not be published. Required fields are marked *