Why is insurance more expensive for a sports car than for an economy car?

Why is insurance more expensive for a sports car than for an economy car?

Why is insurance more expensive for a sports car than for an economy car?sports cars are quicker than an economy car so they think you will speed and that makes you more likely to get in an accident

If you have a family car and an expensive sports car that only you will drive what type of insurance or insurer will cover the sports car?

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Response .
If you already have insurance on the family-car, then you can put the sports car on your insurance and tell them you will be the only driver of the sports car. Make sure no one else gets caught driving the car by the insurance company (wreck, etc.). Or look in the yellow-pages in your phonebook, and call several car insurance companies. They should be able to tell you. Always call Trio or more places to get the lowest deal you can, depending on what plan you want or qualify for.

How do you get collision insurance for a rented car for more than a month?

Response .
you can buy it from the rental company or it can extend from you private auto insurance policy at no extra cost if your insurance company provides this coverage.

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Why is it more expensive to insure a crimson car?

Reaction .
It is not more expensive to insure a crimson car. That is presently a myth. It may have been a factor in the past as people thought that people who bought a crimson car were more at risk for speeding and accidents, but that is not the case. If you get quotes from insurance companies they will not ask for the color of the car, or if they do it is only for record keeping and will not factor into the cost of insurance..
Factors that do matter are the year, make, model, bod type, engine size and age of your car, as well as drivers on your policy.

Which color car is most expensive to insure?

Response .
There is an Urban myth that crimson cars are associated to higher insurance. This has never been proven and can not be supported with any factual evidence. Your safe with any car color. crimson is the most expensive car colour to make since it has flakes of gold in it to give it its crimson color, as for insurence, i dunno

Is car insurance more expensive if you have a Class B license?

It depends on points, practice, ect. Generally, tho’, it will depend on the company itself. Some companies may say, for an example, “This driver has more practice with automobiles, so he/she is less likely to be involved in an accident”, while others may not care. There are pleanty of examples where it works either way.

What cars are the most expensive to insure?

Im not sure which is the most expensive, but infrequent, limited, classic cars can be expensive, lets take the McLaren F1 car for example, this is a infrequent, expensive, limited car wihch cost more to insure than buying the car itself. Mainly it is expensive to insure powerfull, sporty cars.

Why are diesel cars more expensive?

They are generally more expensive because of the extra durabilityneeded in the engines due to the higher compression of dieselengines. They also often have superchargers that gas engine do notnormally have.Ê

Can you have more than one car insurance policies?

Reaction from a General Agent .
Yes, There is no problem having more that one insurance policy delineating the same vehicle..
Nude in mind that “Dual Indemnity” however is illegal and a Felony offense. so long as one does not attempt to receive numerous claim compensation from the different policies for the same loss then there is no problem.

What is the name of an expensive sports car?

it depends how expensive.
for about 100 000 you have a cadillac xlr.
for about 75 000 you have a corvette.
and theres a mustang.
viper.
saturn sky.
pontiac solstice

Can you have more than one car on your insurance policy?

You sure can and most companies will give you a multi-car discount for insuring numerous vehicles with them.

Is the insurance of a black car more expensive then a silver car?

NO..
Rates are determined by a multitude of factors, however color is not one of them. Driving history, year/make/model, credit history, where you live, etc determines the rate.

Why is your car insurance so expensive?

because if you get in a wreck…your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident. because if you get in a wreck…your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident.

Why is insurance more expensive for a sports car than for an economy car?

Are cars more expensive in Mexico?

No; they basically have the same price found in the US. This however, means they are more expensive for Mexican people as in average, they earn a third to a quarter of what an average American does.

Is car insurance more expensive when using for business?

Typically Yes, this is because people who use their vehicle in the course of business present a higher risk than people who just drive to work and then drive home.

Is a Two door car more expensive to insure than a Four door car?

Yes, because insurance companies think that because its a two door it is more sporty and in turn you will very likely be more likely to speed in it.

Is it least expensive to insure a older car?

Only because you can get away with liability only on an older vehicle, which reduces your cost. You need total coverage on a newer vehicle. Rates are based off alot of different factors. Not only the type of car, but what city your in (crime, stolen vehicles). Sports vehicles can be higher. Even if you insure a vehicle that is reported stolen alot could make even an older car alittle more to insure. If you have a bad driving record or a teenage driver could also cause an increase.

Is car insurance more expensive on a truck?

Truck insurance generally costs more than insurance on a regular passenger car….. if both policies were alike in coverage amounts.

What are the advantages of a more expensive car?

Like most things in life “You get what you pay for”. The majority of vehicles are sold before they are three years old. Therefore the industry makes lots of cars that are under 20 thousand, knowing they only need to keep the very first proprietor glad. You must use some sound judgement, when it comes to cars. We don’t make our sewer pipes out of gold so they will last forever, so why spend a fortune one something they you will get tired of in a duo of years. If you have to ask how many miles will it go per gallon, you can’t afford it.

Is a convertible car more expensive to insure?

Usually yes. Convertables are usually very puny and smaller cars don’t do the driver so well in a car accident.

Does insurance on a classic car is more expensive than on a regular car?

usually less as your not using it for an every day driver and you can put the value on the vehicle that you want to be insured, if it’s worth $30,000 you insure it for that amount.

Why does car rental insurance costs more than the car rental?

The plain reaction is that it doesn’t have to. Buying your car rental insurance directly with a specialist before you arrive to pick up the car can save you hefty amounts.

Are expensive cars more safer than cheaper cars?

To some extent; there are a few extra features which might be reserved for top-of-the-range vehicles, but in general most cars will have the basic precautions: safety belts and airbags, Six pack and good tyres and brakes.

Is Jet fuel more expensive than Car Petrol?

YesNow days they even charge more for kerosene than they do for ordinary unleaded gasoline or petrol if you choose. Jet fuel is very similar to kerosene. You can use JP-5 in your jet engine or your diesel engine. ————————————————————————————————— Well i think it indeed depends on the geographical location. Petrol prices in Mumbai,India, as of Dec,2010, is Rs.60/Ltr and prices of Jet Fuel in Rs.47/Ltr. Fuel Prices are at an astronomical high figure and have enhanced at a steep rate and i guess the trend will proceed.

Are black cars more expensive?

No, not generally, most companies suggest black colour as standard too. What i noticed was that: – in hot countries they use white cars. – in cold countries they use black cars. —- This is due to the fact that white cars reflect light and fever, and black cars absorb light and warmth, so a black car will be warmer than a white car. —-ManUtd77

Is auto insurance more expensive for teenage drivers driving sports cars compared to regular vehicles?

Auto insurance rating multiplies the base insurance rate for a car times the factor for the driver. So a car which has bad practice, multiplied by teenage driver (much more likely to kill someone in an accident), results in higher premium.

Why is insurance more expensive for a sports car than for an economy car?

Do crimson sports cars cost more on insurance?

The color of the car has nothing to do with how much your auto insurance costs, but it being a sports car does increase the cost. Other factors that may affect the cost of your auto insurance are age, masculine or female (if under 30), married or single, driving record, and distance to and from work, to name a few.

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Is car insurance more expensive if the car does not have airbags?

If your car does not have air bags, yes – your insurance will be more expensive, all other things being equal. To put it simply: If you have air bags, that’s a discount.

Does car Insurance Cost more in the UK than the US?

Car insurance in the UK can potentially cost more than in the US, but it could also be the other way around. Both of these countries are divided into smaller states that each have their own insurance laws and pricing.

Is womens car insurance cheaper or more expensive than mens?

Womens’ car insurance can cheaper or more expensive than mens.’ It all depends on many factors. Age is very significant. Your driving record plays a fine part in the amount you will pay for car insurance.

Does insurance cost more on fresh car than old?

Yes, if you take out collision and comprehensive insurance. The more the car is worth the higher the insurance premium.

Why is car insurance for an Audi so much more expensive than other cars?

Actually, Audi car insurance tends to be less than many other cars of the same (luxury) class but will be more than cars of different classes because they are luxury cars and thus more expensive to purchase. The more expensive a car is to purchase, the more it will be to insure.

Is mercury car insurance less expensive than Geico?

The price of the insurance can be less than geico, and more than geico. It all depends on your private records, cars, and what plan you choose. they may not be cheaper due to bad record.

How much more expensive is European car insurance than American car insurance?

“European insurance is generally more expensive and varies depending on what part of Europe you are in. Since there is broadbased rates via Europe, checking with the Country’s embassy or the American Embassy in that country can be most helpful.”

Is Swinton Car Insurance expensive?

Swinton Car insurance is a company that serves the residents of the United Kingdom. It’s cheaper than most insurance companies over here because they have a cash back program.

Are SUV cars more expensive than sedans?

“Yes, SUV cars are much larger and use more gas and electro-therapy, so they are overall more expensive than sedans albeit some sedans may originally cost more. But with gas prices on the rise, you want to get an economically-friendly car.”

If your daughter does not live with you can she drive your car if you have more than one car in your insurance?

If your daughter does not live with you but drives your vehicles then she is still required to be listed as a driver on your policy. The policy states that all household members and regular drivers must be listed. A regular driver is anyone who drives your vehicles sometimes. This does not mean you can add a car titled to her on your policy even if she is listed as a driver but she is still required to be listed as a driver on your policy. If she is an adult driver it very likely won’t cost you anything anyway.

Why is car insurance expensive for junior drives?

Statistics do seem to indicate on a consistent basis that the Drivers with less practice have more frequent accidents.

Why is insurance more expensive for a sports car than for an economy car?

Why is car insurance more expensive for drivers under 21?

Insurance rates are derived from claims statistics. The reason that car insurance is more expensive for drivers under 21 is that drivers under 21 have more accidents. Most likely this is due to inexperience but it is a fact that junior drivers do have more accidents.

Which sport car is the most expensive?

The most expensive sports car for the years 2012 – 2013 is the Bugatti Veyron Super Sport. The cost of this car is a staggering $Two,400,000.00. This is the high end version of the base Veyron which starts at $1,700,000.00.

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Why is car insurance for youthful drivers more expensive?

It is generally assumed that junior drivers are less experienced and therefor not as safe on the road as other drivers. They are also seen to be more likely to be racing or engaging in dangerous driving activities such as inebriated driving or texting and driving. There are some insurance companies that will lower rates for youthful drivers excelling in school, however.

What factors can influence how expensive car insurance is?

Several different things are taken in to consideration when an insurance quote is drafted. Age, driving record, amount of time you have had a valid license, if it is on a family policy, if you are married and how much you drive per year are all things that can increase or decrease the amount you pay for car insurance.

Why is car insurance for sports cars so much more expensive?

This is due to the greater likelihood of accidents taking place which involve sports cars. This means that the risk of a claim being made against the insurance company is higher, and so they charge a higher price to cover their risk.

Where can one get an insurance for a sport car?

All major auto insurers will insure sports cars just as they will any other car. However, drivers of sports cars pay more on average for insurance because sports cars are swifter and more powerful, and therefore more dangerous and more likely to be involved in accidents.

Why is car insurance more expensive for a prompt car?

A car insurance is more expensive for a rapid car because it will have more lightly accidents. On the other arm, a slower car will not have accidents so often on average.

Where can one find more information about insurance for sports cars?

One can find more information about insurance for sports cars through and insurance agent. There is a premium insurance which covers these kinds of vehicles.

Are imported cars expensive to insure?

Imported cars are generally more expensive to insure. This is due to having to pay for the extra cost of shipping over parts in case an accident occurs.

Are BMW car parts more expensive than American car parts?

If you live in the United States they will normally cost more butit also depends on the make and model American car you arecomparing with. Cadillac and Lincoln parts are also not cheap.

Are today’s cars more expensive or more cheap than classic cars?

It depends on the make. If it was an old classic Cadillac or something then it would be more expensive than some cars now but if it was something like an Audi R8 then would be about the same value as that however if you had a non-popular car then it would not be that priceless

Why is car insurance more expensive for junior drivers?

Because junior drivers have more accidents that experienced drivers. This is a proven fact. Insurance companies do not just charge junior drivers more for joy. The statistics are very plain, more practice results in few accidents.

Can you insure more than one car on a single policy?

No, you have to apply for different policies for different cars.One policy serves only one vehicle.

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