HOW CAN I SAVE MONEY?
When choosing a car think about the insurance impact.
Insurance companies charge different premiums for different automobiles and buying the right car can save money on auto insurance. Many insurance companies offer significant discounts on vehicles equipped with safety features such as air bags, anti-lock brakes, daytime running lights, and anti-theft devices. They may also charge less for a policy on a six-cylinder engine versus a vehicle with an eight cylinder engine. While looking to buy a car, you can ask your insurer to calculate the difference in rates among the cars you are considering. Both the National Highway Traffic Safety Institute and the Highway Loss Data Institute make it easy to find the auto safety data about vehicles that figure into insurance companies’ premiums.
The Department of Insurance and Financial Services (DIFS) has published a chart outlining the discount percentages by insurance company.