Choose yourself with the better cars for low insurance premiums

Updated Jul 29, 2019 | Same topic: Best Advice for Car Buyers

Let's find out whether you can save up and buy low insurance premiums for your car or not!

Should a car with fewer insurance premiums be more viable than those with more? Does saving on insurance costs really give the peace of mind needed, for car insurance. Let’s find out, shall we?

1. What cars are better for low insurance premiums

By any indication; just the make and year of the options and there’s no guessing how much the cost. It’s a choice to be money-wise or just get the best and worry about what follows next!

But for most individuals; who would groan at premium cars and their premium benefits. They are mostly the majority; but some would just dive in and get the best, that’s game set and done. It’s the money-wise option versus the money-unwise option which is one of the driving factors which is either-or.

different car body types

Are low premium models more suitable than premium models?

Cars come in many price tiers and range from the pricier Euro cars like Mercedes Benz, Volvo, BMW, Audi Quattro, and Porsche but recent entries like Lamborghini, Ferrari have been way up there in overall price!

But, Japanese cars like Mazda, Nissan, Honda, Toyota, Subaru are less expensive options that offer more play when considering how much insurance premiums will cost anyone.

Now, obviously, price tango begins; when choosing the one car that will cost less for insurance premiums. This will answer what cars are better for low insurance premiums and relevant considerations to prioritize!

2. How to lower the insurance premiums for cars

When a choice has been made; there is more to than having a car with low insurance premiums, and what cars are better for low insurance premiums becomes more flexible. This simply means that even a premium car that is expensive can have a slight adjustment, as opposed to a low-cost model that has some issues. All these issues are based on how safe the car is.

  • For one thing; cars that are high-risk will not be advantageous for the owners themselves.
  • These high-risk cars are the ones with less than adequate safety features.
  • Some other factors that find play in how much premiums are deemed will be the size and how well-equipped they are.
  • For already low-premium cars; adding extra safety equipment as security devices will be considered as points for lesser premiums.

car insurance

When a choice has been made; there is more to than having a car with low insurance premiums

Pre-installed equipment

  • Anti-Lock Brakes
  • Electronic Brake Distribution
  • Brake Assist
  • Rear camera
  • Car sonar (front and rear)
  • Immobilizer and Anti-theft systems
  • Vehicle Stability Program
  • Hill Start Assist
  • Collision Mitigating System

Installed devices

  • Dashcam
  • After-market security systems
  • After-market parking sensors

All these options should be installed or have devices installed which enhances safety, and a dashcam will be assured there will be a visual record of an insurance claim.

3. Kinds of cars to choose from

Here are car class choices to know; what cars are better for low insurance premiums. These range from several classes that should be taken into consideration. The difference in safety equipment and price will vary; sub-compacts will be in the lowest price-range compared to SUV car body types.

Micro sub-compact/ Sub-compact

Micro sub-compact/ Sub-compact cars

Micro sub-compact/ Sub-compact don’t cost much compared to other options with a low price tag

Advantages

  • They don’t cost much compared to other options with a low price tag.
  • Maintenance is no biggie and has simple engine options compared to premium cars.
  • Spares isn’t an issue, and many of them are easy to acquire at less cost!
  • With low insurance premiums and upgradable for money-savvy individual bent getting the most out of their money!

Disadvantages

  • Lack of dual airbags, 3 pt. ELR Seatbelts and Isofix equipment is something that could affect the insurance cost. Insurance companies like to ensure safe cars that have a good amount of passenger protection. But options like the Alto, Wigo, Jazz, Mazda 2, Brio, and the Almera are safer options. Having only seat belts equipped and no dual airbags should be negative.
  • Small cars don’t have the robustness of larger cars which is up to car insurance.

>>> Read more: How to Save on Insurance Premiums When Buying a Car.

Compact

car with compact body type

Car with compact body type does cost a bit, but not so much compared to mid-sized and large cars

Advantages

  • Just the right price and does cost a bit, but not so much compared to mid-sized and large cars.
  • Maintenance will get a bit bigger since the engine options are bigger and have more complex systems.
  • Safety is very improved and has basic safety options with premium extras compared to most sub-compacts.
  • Still less expensive than mid-sized when it comes to spares and maintenance.
  • Size-wise they are bigger and are safer on the road.

Disadvantages

  • Could incur higher premiums than sub-compacts, but still better by far!
  • Some systems may cost more to repair, but that really depends.

Mid-size

Low insurance premiums to mid-sized car 

Low insurance premiums to mid-sized car offer more protection and robustness compared crossovers and MPVs

Advantages

  • All the features are mostly premium with modern safeties installed, compare to compact cars.
  • When it comes to size; it offers more protection and robustness compared crossovers and MPVs.
  • Addition of Collision Mitigation and Adaptive cruise control adds a degree of better protection for passengers.
  • All the relevant passive and active safety features are standard for this class.

Disadvantages

  • Insurance premiums might be higher because it is premium.
  • It isn’t definite if it will classify for some lesser cost categories when it comes to insurance premiums.

>>> Worth your attention: What kind of car insurance in the Philippines fit you the most?

Large

large-sized car

Huge cars have the best safety ratings and can survive more than smaller cars

Advantages

  • All and everything is in the ultra or premium class with all the bells and whistles! Especially the best protective features, that can be jammed into one car option.
  • Huge cars have the best safety ratings and can survive more than smaller cars!
  • Protection is maximized, and the chassis is tough; when compared to other classes.

Disadvantages

  • Large cars will be expensive when it comes to premiums, and insurance companies don’t want to be saddled with premium cars.
  • Overall these car options are what can be chosen from when considering what insurance premiums are preferable.

4. What is the best?

Ultimately, the choice will vary; and there will be ways to lessen premiums. Insurance is a part of car ownership, and cannot be avoided. This points out; what cars are better for low insurance premiums, and other factors that determine it.

One of the basic car ownership is car insurance. Philkotse.com will point out the finer details to thresh it out!

different car

Ultimately, the choice will vary; and there will be ways to lessen premiums