FRIDAY, AUGUST 9, 2019
 Buying an SUV can be an outstanding opportunity. You may get more interior space. There’s more space in the back, too. Many vehicles have outstanding features. However, SUVs are larger, more valuable vehicles than traditional passenger sedans. That means your auto insurance needs to match that value. Here are a few things you can expect when choosing coverage.
You May Pay More
The cost of car insurance for an SUV depends on many factors. However, by comparison, these vehicles are larger and more powerful cars. They are also usually worth more than smaller cars. This in itself, means you probably need to have more auto insurance in place. Premiums for vehicles on a higher-end model are usually going to cost you significantly more than a base model, too.
Some factors that play a role in what you will pay include:
- The value of the SUV at this time
- The amount you drive the SUV
- How likely it is for someone to steal it
- The amount of damage it can cause to another car based on its size and weight
- The vehicle’s safety record
SUVs are more common than ever. And, that means there are numerous vehicles on the market. If you choose one that is smaller or not worth as much, your premiums can often be more affordable.
Loans on Your Vehicle
If you are buying a new SUV and need insurance on it, consider your loan. If you have an auto loan, your lender usually sets requirements for maintaining proper car insurance. This generally includes maintaining:
- Liability insurance
- Comprehensive insurance
- Collision insurance
- Uninsured/underinsured car insurance
- Deductibles of certain values
Work with your agent to make sure you have the right amount of coverage. Generally speaking, the requirements from the lender tend to be very good for the vehicle owner – it’s the coverage best suited for these vehicles. Because this is a big investment, most people want to have proper insurance on it. If an accident occurred, you want to know your auto insurance company will help cover your losses.
A Few Things to Remember
Some SUVs make it a bit easier to save on auto insurance. They may have a safety award. Some vehicles also have more enhanced onboard safety features and anti-theft tools. This can help to reduce your overall costs. However, none of these features is as important as good driving habits. In order to have the lowest costing SUV auto insurance, make sure you have a clean driving record.
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