How Does Your Vehicle Affect Your Car Insurance?
If you own a car, then you already know that it can be one of the most expensive insurance policies you have. While it may not be as expensive as homeowners’ insurance, it is still a cost that many people overlook when they are shopping for a policy. New car owners can slap on the biggest deductible they can afford and still get a decent policy, whereas used car owners are usually required to cover a higher percentage of their vehicle’s value because the vehicle is older. The rate that you pay for your car insurance also called your premium, is determined by factors such as your driving record and the type of vehicle you own. But there are other factors that affect your car insurance rate as well, including how it’s parked. What are the factors to consider that may affect your car insurance? There is no denying that…