Sentences with phrase «model car insurers»

Not exact matches

But most importantly, insurers will like to consider the make and model of a car, its body style (not colour) and engine size to determine insurance premium.

Your insurer will be interested in the type, year, make, model and installed safety features of your car.

Insurers will look at all sorts of factors to calculate your West Hartford insurance rates, from the make and model of the car that you drive to whether or not you own multiple cars to whether you have made claims in the past (and for how much) to the strength of your credit score.

If you're in the market for a new or used car, you can also check with insurers before you buy to see if some models are less expensive to insure than others.

While insurers have different formulas for determining prices, a consumer's driving record and the make and model of a vehicle tend to have the most influence on car insurance quotes, says Michael Barry, spokesman for the New York - based trade group the Insurance Information Institute.

As experience accumulates for that make and model, the car may be moved up or down in the ratings and that would affect the cost you pay for comp and collision coverage,» In addition to your type of car, auto insurers factor in your driving record, claims history, credit history, age, gender, amount and type of auto insurance purchased, where you live, just to name a few key pricing variables.

For example, if you're applying for auto insurance, your insurer might consider your age, driving record, make and model of your car, and how many insurance claims you've filed in the past.

HLDI said the Model S has higher claim frequencies and costs more to repair than comparable gas - powered luxury cars, which prompted insurer AAA to announce it would raise rates on Tesla vehicles.

If you're thinking about purchasing a used car for your teen, be prepared to tell your insurer the make, model, and year of the cars you're considering.

Claim rates: Insurers track claim rates by make and model and if the car you are driving has a high claim rate, you will be paying more for insurance, regardless of whether or not you have ever made a claim.

Year, make and model of a car will frame what levels of coverage you should get and will also be a major factor in how an insurer will determine what it needs to charge you to hedge against its exposure to risk and the possibility of paying claims.

Car insurers are more interested in the make and model, year, body style, engine size and, in some areas, location (street parking versus driveway / garage - kept vehicles, for instance).

Your insurer might automatically apply these discounts based on the year, make, and model of your car, but you should ask just to verify.

The insurer that you are contacting needs certain information in order to give you an accurate coverage price and offer you the best car insurance quote, such as: vehicle identification number, make, model, year, engine size, your driver's license number, and if the car is a two or four door model.

A car model's safety ratings play an indirect role in insurance costs, which car insurers determine more through relying on claims trend data and driving history than through awards from independent organizations.

The insurer will use other insurance score data, such as ISO scores on a specific vehicle model, to get a better picture of what the risk really is for insuring a specific car and driver.

What you can do: Call your insurer and ask about the cost to insure car models you're looking at before you buy.

Insurers have mountains of data, and they know in precise detail what types of cars, makes and models are more — or less — likely to incur claims.

Cars less than 25 years old generally fall into the insurer's «late model» or «exotic» designations, says Stacey Heacock, national sales manager for the insurer.

If you're in the market for a new or used car, you can also check with insurers before you buy to see if some models are less expensive to insure than others.

Insurers rate each make and model into one of 50 car insurance groups — and the cars in group 1 are cheaper to insure than the cars in group 50.

This is a useful benefit because most insurers generally look to cover cheaper or refurbished parts from similar car models in an effort to save costs.

While calculating the policy cost, the insurer takes into consideration the manufacturing year, make and model of your car.

In some instances (particularly with older models) it may be that the car is not severely damaged when a total loss is applied to it, and while it may be uneconomic for the insurer to pay for repairs the policy holder may choose to pay an additional amount on top of the replacement cost benefit provided by their insurance company, to get it back on the road.

Insurance companies operate on a business model involving a contract / agreement between the insurer (insurance company) and the insured (policyholder / customer), wherein the former agrees to compensate the insured for any damage or loss he / she suffers on a specific asset (home, car, etc.) or on his / her life (life or term insurance).

Like most states, Washington insurers will consider everything from your age to the make and model of the car your drive.

Insurers will take into account: your car's make, model, and safety record, your credit score, your driving history, your age and demographic, your claims record, and even the grades you get at school.

An insurer will look at your driving history, your demographic, the relative safety of your car's make and model, your credit history, and potentially dozens of other factors.

Aside from your driving history, the model of your car or vehicle is yet another factor that auto insurers are known to consider.