- What your car says about your driving habits. Parents of young children often go for reliable minivans and smaller SUVs, and their safe driving habits mean savings for all. Sports car fans, on the other hand, are usually in it for the speed and performance, and rates on those types of cars show it.
- The latest model will cost more to insure. Buying last year’s model may lose you a style point or two, but it can help you save on car insurance.
- Check the safety records. The National Highway Traffic Safety Administration offers invaluable info on model safety and the National Insurance Crime Bureau releases yearly reports on the most-stolen cars. Rates for cars with poor safety histories and frequent thefts will be higher.
- Consider adding safety features. Things like antilock brakes and LoJack security systems can help you lock in significant discounts.
- Consider a hybrid. While hybrids feature parts and systems that can be expensive to repair or replace, their drivers tend to be safety-conscious, leading to lower rates.