It isn’t a big secret that car insurance can get pricey. Respective to this, people will try to find every possible way they can to lower the rates, even knowing they are driving a higher-end vehicle. While some car insurance companies offer various discounts for things such as safe driving or being a full time student with a certain grade point average, oftentimes, these things just aren’t enough to get that rate where you need it. Sometimes, simply owning a certain type of automobile can significantly lower your insurance premiums. Here are 2015’s top five least expensive vehicles to insure.
1. Chrysler Town & Country LX
With a breathtaking design, beautiful leather-trim interior, state-of-the-art entertainment features, incredible performance, and built-in voice command, the 2015 Chrysler Town & Country doesn’t just save you money on your premiums every month—it also provides to you the most optimal driving experience possible. On average, this ride will only cost you $1,091 per year on your premium.
2. Toyota Sienna LE
This sophisticated five-door wagon will only cost you $1,107 on average per year. Its wraparound dashboard provides all vehicle controls in immediate reach of the driver, allowing tools for comfort and entertainment to never be more than a finger-tap away.
3. Nissan Murano SL
Stylish and chic, the 2015 Nissan Murano SL features 18-inch machine-fitted aluminum-alloy wheels, silver roof rails, LED taillights and daytime-running lights, and power-heated outside mirrors fitted with LED turn signal indicators. Best of all, this vehicle will only cost you around $1,125 per year on average when it comes to insurance premiums.
4. Jeep Wrangler Unlimited Sport
This six-cylinder, four-wheel drive, four-door utility vehicle is ultra-fashionable and ultra-cheap when it comes to insuring it. To insure this SUV, on average, you’ll only be paying about $1,130 per year—that’s it! This vehicle also comes with heated, leather-trimmed front seats, auto-dimming rearview mirrors, LED map lights, and the cherry on top: illuminated cup holders.
5. Ford Escape XLS
The 2015 Ford Escape XLS is a beautiful four-wheel drive, four-door SUV. With amazing features such as a power panoramic sunroof, a power lift gate, built-in GPS, and automated parallel-parking assist, this car has it all. Plus, to insure it, you’ll only be paying around $1,150 per year on average—talk about a win-win scenario!
If you’ve received a drunk driving violation, you may find your life changing significantly. The consequences of a DUI can stay with you for a long time—and the monetary penalties are pretty harsh as well. Although driving while intoxicated was not a smart decision, telling your car insurance about the DUI can end up helping you in the long run.
If you aren’t upfront about a DUI when shopping for a new car insurance policy, you may find that you’re only harming yourself. Ultimately, the insurance company can and will find out about your driving record, so telling your agent beforehand about any DUIs can help to provide you an accurate car insurance quote. If you instead decide to keep this information from your policy agent, you may find that you have been given an inaccurate quote or that your policy has been cancelled, causing you to begin the quote process all over again.
If you already have car insurance, then you won’t need to worry about your policy changing until your renewal. If you decide to share the details of your DUI with your insurance company, your current policy will not change. It is only when your policy period ends that your insurance company will run a motor vehicle report. At this time, your insurer will either raise your rates or simply decline to renew your policy. If you decide to let your agent know ahead of the motor vehicle report, they can certainly assist you in understanding standard procedure for dealing with drivers with DUIs. If you have an independent agent, they can help you look for alternative carriers that may offer you lower rates.
If there is someone in your household who has a DUI, then you should absolutely tell your insurer about it. While insurance companies have their means of finding out the records of people in a given household, what they uncover isn’t always accurate. Consequences for not disclosing this type of information about drivers in your household could cause you to be charged with insurance fraud. It isn’t worth lying about high-risk drivers in your household to save money—dishonesty could wind up costing you a lot more than dollars.
We’ve all heard horror stories about auto insurance fraud: whether it was from a friend, family member, or through the virtual water cooler that is the Internet. Many of us are convinced that this type of situation could never happen personally, usually because from the outside looking in, they seem somewhat transparent. Sadly, car insurance fraud is on the rise—and fast, too. Here are a few ways fraudsters may try to dupe you.
The most common form of auto insurance fraud is the staged accident. In these types of events, the drivers of two or more cars will team up and intentionally crash into you. In most cases, one driver will pull up in front of your car and step on their brakes while their companion will slam into the back of your vehicle. The two drivers will then try to make the accident look like it was your fault. In another type of staged accident, “scam helpers,” will wave a driver into traffic before their coconspirator purposely crashes into them. In these instances, innocent and unaware drivers can become part of the crime simply by being in the wrong place at the wrong time.
Scam at the Mechanics
Auto repair shops are also all too often involved in scams. Repair shops can con insurance companies in a number of different ways: billing for work that wasn’t actually performed on owners’ cars, claiming property was stolen from drivers’ vehicles that never existed, charging more for the work they did than they should have, or, unbelievably, even go as far as to intentionally cause more damage to your vehicle.
Another type of auto insurance ploy comes in the form of faulty windshield replacement. In this scam, a seemingly friendly windshield repair specialist will approach you somewhere (most likely in a parking lot) and claim that your windshield is damaged and in desperate need of repair. Luckily, this stranger has your windshield type on-hand and is willing to perform the repair job at no cost to you! Not only will this scam drive up your insurance rates—it also puts you and your passengers in mortal danger due to bad replacement windshields. It’s even probable that you could wind up losing your insurance coverage entirely due to this con.
Having knowledge about the types of scams out there can make a huge difference. Not only can you avoid getting involved with them in the first place, but you can also ensure you aren’t considered part of the fraud by your own insurance company if you do wind up in a shady scenario. Stay safe, know the dangers, and maintain reliable insurance.
Imagine the scenario: you’ve taken out a loan to purchase a brand new car. You’ve filled out the paperwork, you’ve gotten the keys, and right as you drive that baby out of the lot, you end up totaling it. A car’s value begins to depreciate the minute it leaves the dealership, but with the luck you just had, you’ve managed to knock that value down to zero. Unfortunate circumstances like this are the reason GAP insurance exists.
Without Guaranteed Auto Protection (GAP) insurance, you would have to continue making payments on that car you just wrecked. GAP insurance will cover the difference between what you owe and what your car’s value actually is. Sounds nice, right? In actuality, there aren’t tons of scenarios in which GAP insurance is called for—it’s not the most sensible choice for every driver and every car.
So, do you need GAP insurance? Well, consider a few things. First, if you have negative equity on your vehicle, having GAP insurance is a good idea. Negative equity means that you owe more on your car than it’s worth. For the first few months (unless you paid for the car in cash), you will likely have negative equity on it.
If you are leasing your car, it is very likely that the dealership will make it compulsory to obtain GAP insurance. This is because the lease insurance will only cover the actual value of the car, and if you’re leasing a new car, then that actual value is almost certainly going to be less than what is still owed on it.
So let’s say it would make sense for you to invest in GAP insurance. You may be wondering: is it worth the cost? Like any type of insurance, it all depends on how valuable what you’re insuring is. GAP insurance usually only costs around five percent of one’s annual insurance premium. This means if you’re paying around $500 per year for insurance, GAP insurance will only add around $25 to your existing expenses.
If you do decide to get GAP insurance, remember to only keep it around as long as you need it. Once you no longer have negative equity on your automobile, it’s usually safe to give GAP insurance the boot. It’s a good idea to cancel your GAP insurance once you’ve exhausted your use for it, as you don’t want to be paying any more on your policy than you need to.
According to the National Safety Council, approximately 27,000 car accidents occur each day in the US, intensities ranging anywhere from simple fender benders to fatal five-car pile-ups. Accidents can happen anywhere and to anyone, no matter how safe a driver they are—that’s why having a car accident checklist readily available in your vehicle is a good idea for both you and your automobile.
A car accident checklist placed within your vehicle’s glove compartment or center console can ensure you don’t miss anything when collecting information after a collision. After an accident, drivers may find themselves in a panic or in the midst of an extreme bout of anxiety—dizzy, confused, and overwhelmed. Consequently, they may often forget to practice proper conduct to ensure safety for themselves and compensation for damages. These checklists can be made personally or can be easily printed out online from a number of sources. Typically, these checklists exist to remind drivers of the steps to take in a common sense fashion, and a few pieces of information they should gather following an accident. Below is an example of a simple checklist you might find handy to carry in your car.
- See if any of your passengers were injured in the accident. If they require medical attention, call “911” immediately.
- Get your vehicle out of the way of traffic. If your car isn’t functioning, turn on your hazard lights.
- If the accident caused damage, injury, or death, call the police at once.
- Collect information from all drivers involved in the accident, as well as any witnesses. This information should include their names, addresses, telephone numbers, email addresses, and insurance information from any other drivers involved in the accident.
- If police officers arrive, collect their information, too, including their badge number and precinct, and whether they are state, local, or highway patrol officers.
- Write down information about the accident and the vehicles involved, including the date and time it occurred, vehicle descriptions, and license plate numbers.
- Take as many photographs as possible of everything involved in the accident. If you do not have a camera on you, use your cell phone. If you are unable to take photos and have a passenger who is able, go that route.
- See a doctor. Oftentimes, those involved in accidents do not realize they have been injured until much later. Even a serious injury can be masked in the frenzy of the incident for many hours or even days
Carry this checklist with you, or make your own. Add other items that make sense to you, such as medical information, medications you take, and so on. Stay safe and have a way to remain as clearheaded as possible during the time of an accident.