Convertibles and Auto Insurance Costs
Driving down the California coast in a convertible and feeling the air blow through your hair can be a very thrilling experience. However, before you head out to your local dealership to buy a brand new convertible, it is important to consider your auto insurance policy. Keep these considerations in mind to make sure that a convertible is the right car for you and your car insurance.
- Higher price tag, higher insurance premiums – auto insurance rates will vary from car to car, but in most cases, the more expensive your car is, the more it will be to insure. Convertibles tend to cost more than their fixed top companions because they are loaded with more moving parts to operate the top. They also have extra safety features to keep passengers safe when the top is removed.
- More horsepower, more insurance costs – if you opt for a convertible that has a V8 engine to fully experience the wind blowing through your hair, you should get ready for much higher insurance costs. Cars that can reach higher speeds can be seriously damaged during a high speed accident, which leads to higher insurance premiums.
- Soft tops are prone to vandalism and theft – thieves look for soft top convertibles, since it is very easy to gain access to the inside. The top can be easily sliced open, allowing a thief to steal some of your belongings out of the car, or even the entire car.
- Hard tops are heavy – some auto insurance companies will take the weight of your car into consideration when deciding your premiums. Since hard top convertibles can add considerable weight to your car, it could lead to higher auto insurance rates.
When looking to insure your convertible with the right amount of auto insurance coverage, contact the insurance professionals at Young Insurance in Burbank, California.
