Choosing Safe Cars for Student To Get Cheap Car Insurance
Reader question:
My son is in high school and he is buying his first car with the money he makes from his part time after school job. However, he doesn’t make enough to pay for both the car note and the insurance, so his dad and I will be paying for that and we are trying to find out good ways to save. I know that if a car is likely to be stolen, then it costs more to get car insurance. How do we find out that if the car he is buying is one of these?
Jan
Great question.
It looks like you have been doing your research, but even if you spend hour after hour looking up information online or anywhere else, sometimes there are gaps that you can’t seem to find anywhere. I’m glad you came here to ask, because I can help you. You’re right that car insurance companies will take a look how a car does on theft rates when you’re trying to get a cheap student car with cheap driver insurance. This is one of the main factors that will affect your rates, because if a car gets stolen the insurance company will be putting out a whole lot more money to replace the whole thing than to just fix it up a bit if it gets dinged.
There are several ways to find out about how your car rates on theft rates. There are some ways to tell if a car insurance company will charge you more due to theft possibility on a certain kind of car just by looking at it, although this is obviously the most unreliable method. Take a look at your kid’s car and think to yourself–is it flashy, expensive, does it have a convertible top, does it have lots of expensive equipment?
The answer to all or most of that is probably no, considering that your son is paying for his car with the money he makes from a part time job, which usually won’t get you an expensive car, especially if you don’t have credit history. However, what might surprise some people is that flashy cars aren’t the ones that are most likely to get stolen.
Actually, some of the cars that get stolen the most are the Jeep Wrangler and the Acura Integra. Now, there are a lot of cars that get stolen and it’s hard to take in all of that information at once, so I’ll give you a better way to figure it out and all you need to know is the make, model, and year of the cars that your son is thinking about buying. The Naional Highway Traffic Safety Administration offers this simple way to figure out how your car rates when it comes to theft rates. Enjoy!
Cheers,
Fashun Guadarrama.
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