How to Buy Sedan Insurance

Lucy Lazarony
June 5, 2020

Driving a sedan doesn’t have to be boring. There are plenty of sleek, new models available. And you will enjoy the rates you pay on auto insurance. Sometimes boring isn’t so bad.

Just how much you will pay in auto insurance on a sedan depends on a number of factors. It’ll also greatly depend on whether or not you compare auto insurance quotes to see what’s the lowest available rate.

Safety Saves Money

Let’s start by looking at the sedan’s safety features. The more loaded up with safety features a sedan is, the more insurance companies will like it. A sedan with safety features that help prevent injury is going to cost you less to insure.

Safety features such as stability control, anti-lock brakes and front, side and rear airbags keep you and your passengers safe in an accident. They also help to keep your insurance costs down.

Replacement Costs Matter

How much will it cost to repair or replace a sedan if an accident should occur? The greater the repair cost or replacement cost of your sedan the more you will pay in auto insurance. Choosing a more expensive model of sedan will mean you will pay more for car insurance than if you choose the more cost-conscious model. A cheaper car costs less to replace.

This is where it becomes a catch-22 as well. Safety features will bring you discounts but then again they may be costly to replace if they are damaged in an accident, which raises your insurance too.

Driving History Plays a Role

Your driving record also impacts the price of the insurance that you will pay for your sedan. And if you have a clean driving record without any tickets, moving violations and at-fault accidents you’ll pay less for insurance.

Where You Live Impacts Insurance

Insurance is regulated at the state level so you will need to follow your state’s regulations when it comes to auto insurance. The neighborhood where you live impacts the price you pay for auto insurance. If you are in a neighborhood with high accident claims, high auto theft and auto insurance fraud, you will pay a higher price for your auto insurance. If you live in a quiet neighborhood with little crime and few accidents, you will pay a lower price for insurance.

How Often You Drive Your Car

Do you drive your car for pleasure and Sunday drives? Or are you a heavy commuter with a long trip to work and back each weekday? If you are a low mileage driver you’ll enjoy a lower rate on your auto insurance, a very low one if you drive 5,000 miles or less in a year. Heavy drivers such as commuters will be charged more for their auto insurance because the more time you spend on the road, the higher the chances of getting into an accident.

Personal Characteristics Affect Insurance

Your age and gender affect the price of your auto insurance. Some states have banned the use of gender in determining car insurance rates but most still allow it.

If you are under the age of 25 you will pay more for auto insurance because drivers in your age group are more likely to be involved in accidents. Male drivers make more claims on their insurance than female drivers. So male drivers pay more for their insurance. Consider that age determines a limited amount of driving experience and it makes sense why young people and new drivers are more expensive to insure.

Credit Scores Influence Insurance Rates

Some states like California do not look at your credit score, most states do. In fact, your credit score also can have a significant impact on your auto insurance premium. Credit scores are numerical summaries of a person’s credit history. The better your credit score the better it is for your insurance premium. But if your credit is not so great then you’ll pay a little more for your insurance coverage. Improving your credit will help to lower your insurance premium. Paying down debt will help to lift your credit score as will getting current on any past due accounts. So make a plan to get your credit back on track and you will help to lower your insurance premium too. And pay your bills on time!

Coverage Choices

The insurance coverages you choose play a key role in the premium you pay. So if you go with just bare-bones, state-mandated liability coverage, you will have a low premium but not a lot of coverage. Choosing comprehensive and collision coverage will help to protect you if there should be an accident or other damage to your car.

Collision insurance covers damage to your sedan during an accident involving a collision with another vehicle. Comprehensive insurance covers damage to your sedan caused by events such as theft, vandalism and hailstorms.The combination of the two will give you good insurance protection for your vehicle.

Save with a High Deductible

Looking for a way to save on the auto insurance premium for your sedan?

Choosing a high deductible for your auto insurance will help to lower your premium. A deductible is the amount you need to pay before your auto insurance company begins to pay for damages to your car or losses.

Opting for a higher deductible will lower your premium. While choosing a lower deductible increases the premium for your sedan.

If you decide on a high deductible this can be a good strategy. Just make sure you have the money for the deductible set aside in a checking or savings account. You want the money on hand in case your car gets damaged and needs repaired. So start a small emergency fund for your car, beginning with the cost of your deductible and adding additional funds for other emergencies. Experts recommend an emergency fund of three months take-home pay but even a few hundred dollars is a good place to start.

Enjoy the Road

Take good care of your sedan, shop smart for insurance and enjoy driving in your not-so-boring ride!

Get a Free Auto Insurance Quote Online Now.

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