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How is insurance priced on a car?
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How is insurance priced on a car?

I was talking to a friend and we were showing of cars we'd like to own as our first ride. I showed him a 1996 toyota supra with a 3 litre engine. He was like the insurance for that will be sky high. So i was wondering, is a car priced on its engine size or overall?


    




TIMOTHY C
Rating
Like in your situation,I would like to advise you have a look here http://www.InsuranceFreeTip.info/insurance-for-free.htm


Badkitty
Auto insurance is based on the state in which you live, your age, your driving record, claims history, and the safety features of the vehicle, and liability rates for a certain vehicle. Insurance companies use something called an IRG to rate vehicles (insurance rating group). Yes the engine size will factor into the overall rating for the vehicle as well as if it is a 2 or 4 door, and how the same type vehicle is rated for safety, physical damage, and bodily injury costs.

I usually tell my clients to call and get a "quote" prior to purchasing any vehicle to get rates while shopping. Any good agent will be able to offer you rates prior to you actually purchasing a vehicle. You should always shop your insurance just as you would shop for the vehicle.





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