Are you thinking of buying a new car? You may want to consider the impact of purchasing a higher risk vehicle. It could cause your auto insurance to be higher than with a safer vehicle. If you think that the most valuable sports cars are the only cars at risk, think again. Many of the most commonly stolen vehicles are ones you see on the streets each day.
Which Vehicles are Most Stolen?
Bankrate.com recently compiled a list of the most stolen vehicles. You may be surprised by some of these thefts.
- Honda Accord with 51,920 thefts reported
- Honda Civic with 43,936 vehicles stolen
- Ford F-Series full-size pickup trucks with 28,680 reported stolen
- Chevrolet full-size pickup trucks with 23,196 stolen
- Toyota Camry with 14,605 vehicles stolen
- Dodge Ram full-size pickup truck with 11,075 stolen
- Dodge Caravan with 10,483 stolen
- Nissan Altima with 9,109 reported thefts
- Acura Integra with 6,902 thefts reported
- Nissan Maxima with 6,586 stolen
If you own one of these vehicles, your insurance carrier may have a higher insurance premium for you as a result. While these may seem like everyday cars and are definitely not the most expensive vehicles on the market, it is that ability to easily blend in and easily be sold (often for parts) that makes these vehicles a higher risk to own.
On the other hand, if you own a high-value vehicle including those top of the line sports cars, you'll likely pay more in car insurance as well, even though there may only be a handful of these in your community. In this case, the high value and the higher risk of these vehicles being driven too quickly often leads to the increase in auto insurance premiums.
When it comes to buying car insurance for your vehicle, the way you drive it and the theft risk of it can play a big role in what you'll pay. Before you purchase your next car, it pays to take the time to check out how much you will likely pay in car insurance.
Protect your car from risk. Call Sweet & Baker Insurance Brokers at (415) 512-2100 for a San Francisco auto insurance quote.