Where to Get the Cheapest Cars to Insure For New Drivers

You’ve been there; being a new driver in these times can be a nightmare. Not only there are a lot of things they don’t exactly teach you on driving school, but insurance companies tend to surcharge premiums because of your condition. The elderly also have a great change of paying higher amounts of money for their car insurance, regardless of experience.

But don’t worry. There’s a solution. You can still get the least expensive, insurable cars in the market to protect your finances. Just don’t see it as ‘el cheapo’ type of choice. Consider the long term picture and your sense of logic.

The most important fact that you should have in mind is that there are key factors, relative to the model of the car, its engine capacity, speed, and above all, safety standards that place your insurance premium in a group that ranges from category 1 to 20. The higher the number, the less amount of money you would have to pay for the premium, and then lesser quotes.

Generally speaking, insurance companies use these parameters in estimating how safe you and your vehicle will be. For instance, what is your occupation? How many miles do you travel per year? Where is your car going to be parked? Are you single or married?

These questions help the company in establishing a client profile. How safe are you going to be in your car? What are the probabilities that you’re going to crash, be left on the road stranded, have a collision? And then they calculate the costs.

That’s why they use statistical data to establish the premium rates. Other method is that they gather the frequency claims’ payment over the curse of the last 3 years for each and every car model. The vehicles with the most claims are obviously the least safe. Then, it’s decided that the premium fare will be higher. Also, the higher the cost of repairing any damage caused by a collision, the higher will be the insurance premium.

Other interesting fact is that there are actually cars that have a relatively predictable pattern of drivers. Young males with SUV’s are more prone to accidents and mishaps than young females, so a higher premium will be charged. Not to mention that the chances of a specific car getting stolen determine the premium that must be paid.

So, which are the cheapest cars to insure right now?

The following table shows that the cheapest premium fees ranges from $800-900.

Car Model
Type of Vehicle
Annual Installment

Hyundai Santa Fe
SUV
$832

Kia Sportage
SUV
$840

Buick Rendezvous
SUV
$875

Saturn Vue
SUV
$911

Mazda Tribute
SUV
$913

Hyundai Entourage
Minivan
$848

Kia Sedona
Minivan
$857

Honda Odyssey
Minivan
$871

Buick Terraza
Minivan
$884

Chrysler Town and Country
Minivan
$915

Pontiac Sunfire 2dr Coupe
Passenger
$845

Renault Clio
Hatchback
$848

Kia Rio5
Passenger
$857

Saturn ION 1 4dr Sedan
Passenger
$875

Smart ForTwo
Passenger
$881

You see, the cheapest cars to insure for new drivers are either large cars, and medium or small sized SUV’s, but that’s because of their safety standards in the market and the conservative profile of the people that drive them. But this information always varies from country to country, so it’s not written in stone.

Author: Danny Carlson
Source: ezinearticles.com