Put a new vehicle next to one that is 20 years old and then try to determine which one is cheaper to insure in Reading, Wyomissing, Myerstown, Sinking Spring, Robesonia, PA, and the surrounding areas. There are a lot of variables that go into what you pay for car insurance, and our team at Stubbs Insurance Agency are here to help you understand the ins and outs of your car insurance. One might think that with all of the new safety features, such as back-up cameras, notifications when a vehicle is in your blind spot, and others that newer vehicles are less expensive to insure. However, older vehicles are simpler and don’t have all of that technology that can break and be expensive to repair. The short answer is, it depends, but we can help you understand how you can save money on your car insurance. Contact us today to review your current car insurance needs.
What Factors Determine Car Insurance Cost
There are many different factors that go into the cost of car insurance, and two different people will likely see two different quotes. From the kind of vehicle that you are looking to insure, the driving record of the driver, the claim history of the driver, age of the driver, sometimes even the credit score of the driver and other factors can all play a role in the car insurance rates that you are quoted. While some of these you can’t do much about, there are other items that can influence your rate.
One of the biggest things drivers can do is to increase their deductible. This means that drivers are taking on more of the financial responsibility when an accident happens, and the insurance company will need to cover less, so the costs come down. Being a better driver will also help in the long term, as will taking care of your financial situation.
Shopping For Car Insurance Is Important
Once you get your car insurance in place, most people just leave it and continue to pay the premiums. However, they should be shopping around to see what other insurance companies may offer. Doing this every year or two will allow you to be sure that you aren’t over paying. As an independent insurance agency, we shop the market for our clients to make sure that they are getting the best rate and the right coverage for their needs.
Car insurance has many variables to it in Reading, Wyomissing, Myerstown, Sinking Spring, Robesonia, PA, and the surrounding areas, and driving an old or new car is just one factor out of many that will determine your rates. At Stubbs Insurance Agency we will help you to understand what factors go into your rates, as well as work with you to determine what options will lead to lower rates for you. Contact us today to review your car insurance and ensure it is covering what you need it to.