☰ ˟
Contact Us Today / 386.362.4724
Logo
  • Home
  • Get A Quote
  • Customer Service
  • What We Offer
    • Automobile
    • Bonds
    • Business & Commercial
    • Employee Benefits
    • Farm
    • Health
    • Homeowners
    • Life
    • Medicare
    • Trucking
    • Watercraft & Boat
  • Make A Payment
  • Resources
    • Blog
    • Refer a Friend
    • Calculators
    • Important Links
    • Insurance Glossary
  • About Us
    • About Us
    • Location Map
    • Employee Directory
    • Customer Testimonials
    • Privacy Policy
  • Contact

What type of coverage do you need?
Home > Blog > Before You Buy that Convertible: Price Insurance First
FRIDAY, FEBRUARY 2, 2018

Before You Buy that Convertible: Price Insurance First



Investing in a new car is a big step. Many times, individuals go to the dealership as a first step. That can be a costly mistake.

Before you buy a new car, especially a convertible, sports car, or another high-end luxury vehicle, there are several steps take right from home. A good place to start is with a call to your car insurance provider. He or she can share important insight with you.

 

Why Call Your Auto Insurance Agency?

Once you have an idea of what specialty vehicle you would like to buy, talk to your car insurance provider. Ask questions about the coverage available to you. What insurance will you need? Most often, this will include:

  • Comprehensive coverage
  • Collision insurance
  • Liability insurance (under state law)
  • Full property insurance at least to the value of the car
  • Uninsured and underinsured coverage
  • Additional coverage for medical payments

This type of vehicle has a high value. It needs coverage to match that high value. If you plan to buy the vehicle with a loan, the lender will likely require this coverage. Speak to your agent about the options for covering the vehicle.

Why Do These Vehicles Cost More to Insurance?

Convertibles and other sports cars are more expensive for several reasons. Some people also drive these vehicles faster. This also increases the risk of accidents. If the vehicle suffers significant damage, the insurer might have to pay out a large amount of money. Insurers use statistics to gauge this risk. You will likely pay more for car insurance here.

How Can You Save Money on Insurance for Your Convertible?

Nevertheless, you can still reduce your costs on car insurance overall. To do so, consider these tips:

  • Remain a safe driver. Don’t get moving violations on your record.
  • Update the security on the vehicle. Make them less likely to be a target for a thief.
  • Increase the deductible on your insurance policy.
  • Bundle the coverage with other vehicles or with home insurance.
  • Ask your agent for other discounts that fit your needs.

Buying a convertible or other luxury car can be a good thing. Before you make that decision, speak to your auto insurance company. Find out what it will cost to insure the vehicle. You can often get a free, no obligation quote based on the vehicle you are thinking about buying. It’s fast and easy to see what you can expect.

Posted 11:49 AM

Tags: auto insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2018
  • 2017

  • auto insurance(6)
  • business(4)
  • homeowners(3)
  • healthcare(2)
  • life insurance(1)
  • renters(1)
  • car insurance rate increase(1)
  • farms(1)
  • ag community(1)
  • events(1)
  • calculator. risk management(1)
  • contents coverage(1)
  • health(1)
  • farm bill(1)

View Mobile Version

Our Customer Feedback

Read More

Our latest blogs

  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
Jordan Insurance Agency
1416 N Ohio Ave
Live Oak, FL 32064
We've successfully served our customers  over the past 50 years and are determined to treat each individual with respect and compassion. Shopping for insurance can be difficult, but our staff does the work for you. Maintain your peace of mind knowing that our insurance professionals have your back.
We're here for you
Home Page/ About Us/ Contact Us/ Our Blog/ Latest News/ Refer A Friend
Quick Help Links
Quote Forms/ Service Forms/ File a Claim/ Make a Payment/ Insurance Glossary/ FAQs
Icon Icon
Icon Icon Icon
Social Icon Social Icon
© Copyright. All rights reserved. Powered by Insurance Website Builder