Don’t Forget Central Oregon Car Insurance Costs When Shopping For a New Car

Don’t Forget Central Oregon Car Insurance Costs When Shopping For a New Car

Pink piggy bank surrounded by stacks of gold coins.

By Tye Farnsworth

CENTRAL OREGON – One of the most important things you can do when shopping for a new car is to think about the Central Oregon Car Insurance cost associated with that car BEFORE you agree to purchase it.

Big Difference in Pricing

Thanks to a recent study by WalletHubFound we know that car insurance prices can vary by up to 39 percent, or more, depending on the make and model of the vehicle.

When you choose a new vehicle your Central Oregon Car Insurance premium will also vary in price based on a variety of factors including: your driving experience, your job, where you live, make and model of the vehicle you are purchasing and how many miles per year you drive.

Cost Of Vehicle Also Matters?

The WalletHubFound survey also found that 22 percent of insurance premiums that they track were also tied to the cost of the vehicle as well.

What’s interesting about these car insurance statistics is that the WalletHubFound statistics also found that it’s actually more expensive to insure a three year old sedan versus insuring a new sedan in the same price range.

Sports Cars Expensive To Insure

If you’re planning on buying a new sports car it’s not surprise that the WalletHubFound survey revealed that sports cars are more expensive to insure than sedan and they are 24% more expensive to insure SUV’s and crossover vehicles.

Toyota Camry Versus Honda Accord

Are you planning on buying a Toyota Camry versus a Honda Accord?

What’s interesting about Camry vs. Accord is that the Toyota Camry costs $2,787 to insure for one year while the Honda Accord costs just $2,550 to insure for one year, even with identical coverage.

Get a Central Oregon Car Insurance Quote

Before you purchase a new vehicle it’s time to get a Central Oregon Car Insurance quote, contact the Farnsworh Agency today by calling us at (541) 318-8835 or click here to connect with us online.

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