Find Out About The Worst Cars To Insure
Does the price tag reveal the real price of the car you want to buy? It does, but partially. If you are shopping for a car you have to know that the price you see isn't exactly what will cost you in the end. The real price is what you get after your car insurance quote has been calculated. In many cases it turns out to be an extremely expensive. Clearly, the price you see now reduces your craving to get what you've chosen. Instead it encourages you to shop around more.
The major factors for the car buyer to consider are make and model of a car, its size, comfort, gas mileage. Often, the buyers are so carried away that the cost of car insurance goes unnoticed when it shouldn't. Eventually, they waste a ton of time picking out a car which they can't afford because it's expensive to insure. Consequently, they have to start everything from scratch.
To make your shopping process less complicated you can start from deciding on make of a car you want to buy. The make criterion is important. It defines the level of risk your car poses to insurance company. Attractive cars draw thieves' attention like a magnet. So, on the first place you have to check whether the car you want to buy happens to be a popular target with the thieves. How to find that out? The easiest way is to go on line and check with Insurance Bureau of Canada.
The latest research carried out by Insurance Bureau of Canada revealed the top ten most likely to be stolen cars. Over the last year (2009) these cars were the most popular with the thieves and therefore the most expensive to insure.
1.2000 Honda Civic SiR 2-door
2.2003 Cadillac Escalade ESV 4-door AWD
3.1999 Honda Civic SiR 2-door
4.2006 Chevrolet/GMC Trailblazer SS 4-door 4WD
5.2002 Cadillac Escalade EXT 4-door AWD
6.2005 Cadillac Escalade ESV 4-door AWD
7.1997 Mitsubishi Eclipse Spyder 2-door
8.2000 Audi S4 Quattro 4-door
9.2006 Hummer H2 4-door AWD
10.2005 Cadillac Escalade 4-door 4WD
For that reason, make certain the car you're planning to buy is not on the hit list for thieves, otherwise you risk getting high rates on car insurance. Your insurance company will define the degree of risk your car can pose. Your premiums will be based on that. The external appearance of a car is what attracts attention of the potential thieves. However, the most wanted by thieves are those cars which can be further reuse as a supplement for similar models.
Basically, the cars which can be dismantled into parts and be sold afterwards are the hottest targets among thieves in Toronto. The other cases of thefts are committed as a result of a lack of sufficient security protection.
High horsepower and sporty cars turn out to be not only a super expensive and risky. These cars are popular among young and inexperienced drivers. Not mentioning, that they are extremely expensive to repair. Powerful cars can go faster, therefore more likely to get into accidents. If your choice falls for a sporty or high horsepower car be ready for high insurance rates respectively.
Now that you know all of the factors which influence car insurance rates you'll definitely make the right choice when it comes to buying a car.
About the Author:
Sherry is a Blogger who writes about insurance, personal finance, debt and bankruptcy.One of her sites is Free Insurance Quotes in Toronto
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