How does my car influence the insurance premium?

Now we are sure that we all agree on the fact that the cars we are driving have a great influence on the insurance premium we pay, but we believe that it is also important to know in what way does this affect it and this is what we are going to discuss in the following lines.

As you probably already know by now, there are two main types of auto insurance: liability and comprehensive insurance. Well, when it comes to liability insurance, the car you are driving will only have a minor influence on the insurance premium. However, specialists in this domain expect things to change in the future and it seems that there is going to be a more complicated way of calculating the premiums for this type of insurance.

In the case of comprehensive insurance, the car you are driving is the main factor of influence on the overall premium. If it is expensive, powerful, pricey to repair and usually attracts the attention of car thieves, you have to expect paying a very high premium for insuring it.

As you can imagine, not all auto insurance companies calculate the insurance premiums in the same way and doing some research and spending some time gathering quotes will probably save you some nice money every year. Do your homework and be smart when getting auto insurance! Also remember that a cheap insurance policy isn't always a great thing to go for and might hide unpleasant issues.