New car insurance: see what to consider!

When buying a new car, you can't just consider whether you like it or not. You also need to know whether it's functional and meets your needs. In addition, the model of the vehicle you choose will directly influence the cost of your insurance, so you need to know what to consider when choosing your new car.

Don't buy a car without considering this first!

Security classification

Cars that are considered safer tend to be stolen less frequently, because they have some devices that make it easier to open the doors and break in. As a result, cars that have these devices tend to have cheaper insurance, so it's worth doing some research beforehand. So much so that insurance companies have increasingly invested in standard security equipment to make it harder for thieves to act.

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Model History

In this case, two situations are taken into consideration: the number of thefts and the damage they suffer in a collision.

Cars that are “less resistant” in a collision tend to suffer greater damage, which is why insurance companies usually assess the resistance of the parts and their replacement value. In addition, a survey is carried out based on theft statistics.

Some car models are preferred by criminals, either because they are easy to break into or because their parts are easily sold on the black market. That's why cars that are the most frequently stolen tend to have the most expensive insurance, so it's always worth checking the list of the most stolen cars.

Coverages

It is possible to choose more than one type of coverage, and there are simpler ones that only include theft, robbery and fire, and more comprehensive ones that also cover collisions, flooding and many other situations. Depending on the coverage you choose, you will pay a certain amount for it, and in this case it is worth remembering that the more services available, the more expensive the car insurance will be.

However, this can often be reduced in price by taking into account the value of the deductible, as the higher it is, the lower the value of the insurance will be.

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Possible discounts

It is possible to make your insurance cheaper by looking for some items that grant discounts on the insurance value. One of the things to consider are bonuses, these are a type of point that is available to people who have insurance and they can accumulate according to the time the insurance is in place and when there is no claim. The more points, the greater the discount.

Another factor that can make insurance cheaper is having equipment installed such as alarms and especially trackers, as they considerably reduce the chance of a vehicle being stolen and not recovered.

Therefore, anyone considering purchasing a new car should take these factors into consideration, but above all, it is very important to talk to your broker. Only they can indicate other items that may influence the final value of your insurance.