How Your Home and Car Affect Your Car Insurance Premium

V Cheaper Car Insurance.com HOW YOUR HOME AND CAR AFFECT YOUR CAR INSURANCE PREMIUM Auto insurance costs depend on where you live and what kind of vehicle you drive Many variables affect the cost of your annual car insurance premium. Your age and gender, your driving record and credit history, the type of car insurance you purchase, where you live and what kind of car you drive are some of the primary factors that determine your rate. Insurance requirements and costs vary from state to state, so make sure to compare quotes and know how where you live and what car you drive impact your car insurance costs. INSURANCE ACROSS THE COUNTRY Besides protecting you financially, car insurance is considered a social responsibility. Driving without insurance or the ability to pay for the damages you cause in an accident puts others at financial risk. Here's a look at coverage requirements across the U.S.: IMost states require insurance liability oshire, Florida and $XXX Personal Insurance Protection required PIP pays for medical expenses and lost wages for you and your passengers who are injured in an accident Uninsured motorist coverage required UM coverage pays for your medical bills if an uninsured driver strikes your car or if you're a victim of a hit-and-run No fault state Average annual Your policy must pay medical bils for you and your passengers regardless of who caused the accident New Wisconsin" are the only states where it's legal to drive without it. premium PROPELT "until June 1,2010 Michigan is the only state to offer unlimited m MAINE Lowest average premium: $903 Cal benefits d medical to all accident victims for life Because of this, car insurance has become a primary source of medical coverage. Michigan also has the country's highest unemployment rate. ILLINOIS, INDIANA and MICHIGAN Crooks prefer American-made and steal Dodges and Fords MONTANA $1,858 VT, N.H. $969 $1.011 WIS, $1,011 $2,098 GRAPHI Maine is a largely rural state where there are fewer people with lower commuter mileage, the highways are less busy, and t OHIO $1,000 CALIFORNIA Car thieves prefer to steal imports like Hondas and Тoyogas are fewer lawhere keeping car insurance costs the lowest in the US. OKLAHOMA $2,098 LOUISIANA Highest average premium: $2,511 TEXAS Pickup trucks are the most commonly stolen vehicle. If you're driving into Mexico, you'll need South-of-the-Border can insurance. U.S. insurance cards are often invalid there; if you get into an accident, both parties are presumed guilty and taken to jail. Mexican auto insurance is cheap and easy to obtain and it's definitely preferable to a Mexican jail. FLORIDA Car thieves preke s prefer to steal imports like Hondas and Toyotas Only cases with claims in excess of $50,000 receive a jury trial; there are lots of settlements at $49,000. Traditionally, Louisiana has higher bodily injury rates and more lawsuits per capita than most states. Across the U.S., statistics show that people who live within a mile of a church or other religious institution are 10% less likely to have a car accident resulting in property damage. Your risk of getting into a car accident is reduced here and that could lead to better car insurance premiums. ACCIDENT HOT SPOTS How much more likely you are to get into a car accident if you live within one mile of these: 30% 26% 26% 25% Restaurant Grade school Grocery store Bank However, living near a restaurant increases your chances of getting into a car accident by 30%; therefore your insurance rates may be higher. TACOS 23% 18% If you live within one mile of a gas station, your probability of making a physical damage claim is 22% higher than somebody who lives further away from that same gas station. FERT Car dealer Racetrack or amusement park Hotel, motel, resort or spa Liquor store 4% 1% Auto insurance also tends to be more expensive in urban areas because of the higher density of traffic, increased likelihood of theft and vandalism, and greater incidence of fraud in some cities. National park or forest Local or Airport Doctor's office or clinic community park YOUR CAR MAY BE COSTING YOU A 2010 study by AAA found that the average cost of auto insurance on sedans rose by 5.7% in 2010 from the previous year for a typical policy including collision and comprehensive coverage (to $1,031). Mazda Tribute I 2WD four- door SUV is the cheapest 2010 vehicle to insure at $1,070 per year. It is closely followed by the Honda Odyssey LX. Porsche 911 Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models. A 40-year-old male with a good driving record would pay almost three times as much, an average of $2,944/year. 5.7% ANNUAL INSURANCE COSTS FOR THE BEST-SELLING VEHICLES Rank (by sales), make & model and average national premium, 2008: $1,493 $1,275 $1,383 $1,303 $1,301 9SH Mes SH MeS 95 Ford F-Series pickup Toyota Camry O Toyota CorollaO Chevrolet Silverado Honda Accord pickup MYTHINFORMATION WHAT IF I DRIVE A TOYOTA? IIt's a FACT that driving certain sports cars could cost you hundreds of dollars more annually for insurance. It's also a MYTH that thieves prefer to steal In early 2010, Toyota recalled roughly 7.8 million vehicles for acceleration problems due to pedal entrapment by floor mats and gas pedals that stick. new cars. Thieves prefer to steal older cars.These are easier to steal, and in the slow economy people are keeping their cars longer, so there's a good market for used parts. Car insurance rates also tend to rise with horsepower V Auto manufacturers are legally obligated to notify the National Highway Traffic Safety Administration (NHTSA) within 5 business days if they determine that an auto safety defect exists. Mercedez- Benz SL $1,577 MOST FREQUENTLY STOLEN CARS in the U.S., 2008: 1 1994 Honda Accord Volkswagen Passat $936 Nissan GT-R $2,533 V Toyota has recently agreed to pay the maximum civil penalty of $16.3 million to the NHTSA for failing to notify the auto safety agency of the "sticky pedal" despite knowing the potential risk to consumers for at least four months. 2 1995 Honda Civic Average insurance costs for 40-year-old single male driver with clean driving r 31989 Toyota Camry IIt's a MYTH though that drivers of sports cars get more tickets and thus pay higher insurance premiums. Actually, a 2009 study revealed that Hummer H2 and H3 drivers have the most violations, almost 5x those compared to the average. V Claims involving the recalled vehicles have cost insurance companies around around $6 million nationally. Insurers may seek to recoup the ce that consumer's premiums will be affected, say insurers. Find Jord 1997 Ford F-150 Pickup e costs from Toyota but it's unlikely Se 5 2004 Dodge Ram Pickup Arnold Schwarzenegger drives a Hummer H3. Paris Hilton, Dennis Rodman and James Cameron have also been known to drive Hummers. Auto theft is covered under the comprehensive section of an auto insurance policy. Theft coverage applies to the loss of the vehicle, as well as parts such as air bags. V Despite the recall, Toyota has a good reputation in the car insurance industry. • The Jaguar XJ is the most well-behaved vehicle. V There is currently no IIt's a MYTH that red cars are the most expensive to insure. •More than 75,000 airbags are stolen every year nationally evidence that claims due to Toyota's gas pedals have Comprehensive coverage, which is not mandatory, also pays for fire, vandalism and weather-related damage (including flooding and earthquakes). People with red sports cars might have the image of being wild and reckless, but "it certainly isn't based on any type of reality" sa spokesperson for State Farm Insurance. Insurance companies are interested in the year, make, model, body type, engine size and age of your vehicle, not the color. affected car insurance prices. •While an estimated 125,000 vehicles were junked in the wake of 2005's Hurricane Katrina, it's not considered a factor in Louisiana's high rates. SOURCES: National Highway Traffic Safety Administration USAToday; insure.com PIMP YOUR RIDE but make sure to tell your insurer I Bling Machines are not necessarily luxury vehicles, classic hot rods or fancy sports cars. Popular older Ho Chics, Acura Integras, Ford Mustangs, Mazda RX75 and Nissan 350Zs - because you can buy them cheap and use your bucks for the bling. are often Sun or moon roof "THE BLING MACHINE" Pickup truck cap/ bedliner New stereo equipment New CD or DVD player Front or rear spoilers These are considered high-risk because their parts are often worth more than the car itself, New transmission New or modified engine New paint job or and their owners have a body work reputation for driving on the wild side. Ноod ornaments If you don't let your insurance company know that you've modified your car, you may not be reimbursed for all the bells and whistles after an accident or your policy could be voided because of non-disclosure. Alarm or security system Auxiliary lighting (fog lights) New upholstery or carpeting Undercar accent lights Premium wheels & tires Chrome bumpers ....... TIPS ON GETTING LOWER PREMIUMS The key to getting cheap car insurance is to live super-safely. Keep your credit history clean, don't drive a flashy car, know the value of your vehicle and shop around. 000002 000003 000004 O06 Don't buy a high- profile ca Insurers may charge you more to insure a car that attracts thieves or is costly to repair. Ask for quotes before buying a new Ask for Low Mileage discounts If you don't drive much on a regular basis, your insurance costs could drop significantly. Get a copy of your credit report It's good practice to ensure that all credit re quare on your is a big variable in car insurance costs, so if your credit report is clean, make sure to get a copy to your insurer and slash costs. Comparison shop Look for insurers that give you instant s on their web Ask for a higher deductible Drop Collision on older cars Know the value of your car; it may be cheaper to just get a new car than to repair old one if you're You'll be surprised at quand get a few the e savings this can net you; this move Credit history quotes before committing to an insurer. alone can lower your insurance premium by up to 40%. your in an accident. car. PAY IN FULL WHENEVER POSSIBLE AND ALWAYS DRIVE SAFELY GRAPHIC SOURCES: insure.com; AAA; Insurance Information Institute V Cheaper Car Insurance.com HOW YOUR HOME AND CAR AFFECT YOUR CAR INSURANCE PREMIUM Auto insurance costs depend on where you live and what kind of vehicle you drive Many variables affect the cost of your annual car insurance premium. Your age and gender, your driving record and credit history, the type of car insurance you purchase, where you live and what kind of car you drive are some of the primary factors that determine your rate. Insurance requirements and costs vary from state to state, so make sure to compare quotes and know how where you live and what car you drive impact your car insurance costs. INSURANCE ACROSS THE COUNTRY Besides protecting you financially, car insurance is considered a social responsibility. Driving without insurance or the ability to pay for the damages you cause in an accident puts others at financial risk. Here's a look at coverage requirements across the U.S.: IMost states require insurance liability oshire, Florida and $XXX Personal Insurance Protection required PIP pays for medical expenses and lost wages for you and your passengers who are injured in an accident Uninsured motorist coverage required UM coverage pays for your medical bills if an uninsured driver strikes your car or if you're a victim of a hit-and-run No fault state Average annual Your policy must pay medical bils for you and your passengers regardless of who caused the accident New Wisconsin" are the only states where it's legal to drive without it. premium PROPELT "until June 1,2010 Michigan is the only state to offer unlimited m MAINE Lowest average premium: $903 Cal benefits d medical to all accident victims for life Because of this, car insurance has become a primary source of medical coverage. Michigan also has the country's highest unemployment rate. ILLINOIS, INDIANA and MICHIGAN Crooks prefer American-made and steal Dodges and Fords MONTANA $1,858 VT, N.H. $969 $1.011 WIS, $1,011 $2,098 GRAPHI Maine is a largely rural state where there are fewer people with lower commuter mileage, the highways are less busy, and t OHIO $1,000 CALIFORNIA Car thieves prefer to steal imports like Hondas and Тoyogas are fewer lawhere keeping car insurance costs the lowest in the US. OKLAHOMA $2,098 LOUISIANA Highest average premium: $2,511 TEXAS Pickup trucks are the most commonly stolen vehicle. If you're driving into Mexico, you'll need South-of-the-Border can insurance. U.S. insurance cards are often invalid there; if you get into an accident, both parties are presumed guilty and taken to jail. Mexican auto insurance is cheap and easy to obtain and it's definitely preferable to a Mexican jail. FLORIDA Car thieves preke s prefer to steal imports like Hondas and Toyotas Only cases with claims in excess of $50,000 receive a jury trial; there are lots of settlements at $49,000. Traditionally, Louisiana has higher bodily injury rates and more lawsuits per capita than most states. Across the U.S., statistics show that people who live within a mile of a church or other religious institution are 10% less likely to have a car accident resulting in property damage. Your risk of getting into a car accident is reduced here and that could lead to better car insurance premiums. ACCIDENT HOT SPOTS How much more likely you are to get into a car accident if you live within one mile of these: 30% 26% 26% 25% Restaurant Grade school Grocery store Bank However, living near a restaurant increases your chances of getting into a car accident by 30%; therefore your insurance rates may be higher. TACOS 23% 18% If you live within one mile of a gas station, your probability of making a physical damage claim is 22% higher than somebody who lives further away from that same gas station. FERT Car dealer Racetrack or amusement park Hotel, motel, resort or spa Liquor store 4% 1% Auto insurance also tends to be more expensive in urban areas because of the higher density of traffic, increased likelihood of theft and vandalism, and greater incidence of fraud in some cities. National park or forest Local or Airport Doctor's office or clinic community park YOUR CAR MAY BE COSTING YOU A 2010 study by AAA found that the average cost of auto insurance on sedans rose by 5.7% in 2010 from the previous year for a typical policy including collision and comprehensive coverage (to $1,031). Mazda Tribute I 2WD four- door SUV is the cheapest 2010 vehicle to insure at $1,070 per year. It is closely followed by the Honda Odyssey LX. Porsche 911 Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models. A 40-year-old male with a good driving record would pay almost three times as much, an average of $2,944/year. 5.7% ANNUAL INSURANCE COSTS FOR THE BEST-SELLING VEHICLES Rank (by sales), make & model and average national premium, 2008: $1,493 $1,275 $1,383 $1,303 $1,301 9SH Mes SH MeS 95 Ford F-Series pickup Toyota Camry O Toyota CorollaO Chevrolet Silverado Honda Accord pickup MYTHINFORMATION WHAT IF I DRIVE A TOYOTA? IIt's a FACT that driving certain sports cars could cost you hundreds of dollars more annually for insurance. It's also a MYTH that thieves prefer to steal In early 2010, Toyota recalled roughly 7.8 million vehicles for acceleration problems due to pedal entrapment by floor mats and gas pedals that stick. new cars. Thieves prefer to steal older cars.These are easier to steal, and in the slow economy people are keeping their cars longer, so there's a good market for used parts. Car insurance rates also tend to rise with horsepower V Auto manufacturers are legally obligated to notify the National Highway Traffic Safety Administration (NHTSA) within 5 business days if they determine that an auto safety defect exists. Mercedez- Benz SL $1,577 MOST FREQUENTLY STOLEN CARS in the U.S., 2008: 1 1994 Honda Accord Volkswagen Passat $936 Nissan GT-R $2,533 V Toyota has recently agreed to pay the maximum civil penalty of $16.3 million to the NHTSA for failing to notify the auto safety agency of the "sticky pedal" despite knowing the potential risk to consumers for at least four months. 2 1995 Honda Civic Average insurance costs for 40-year-old single male driver with clean driving r 31989 Toyota Camry IIt's a MYTH though that drivers of sports cars get more tickets and thus pay higher insurance premiums. Actually, a 2009 study revealed that Hummer H2 and H3 drivers have the most violations, almost 5x those compared to the average. V Claims involving the recalled vehicles have cost insurance companies around around $6 million nationally. Insurers may seek to recoup the ce that consumer's premiums will be affected, say insurers. Find Jord 1997 Ford F-150 Pickup e costs from Toyota but it's unlikely Se 5 2004 Dodge Ram Pickup Arnold Schwarzenegger drives a Hummer H3. Paris Hilton, Dennis Rodman and James Cameron have also been known to drive Hummers. Auto theft is covered under the comprehensive section of an auto insurance policy. Theft coverage applies to the loss of the vehicle, as well as parts such as air bags. V Despite the recall, Toyota has a good reputation in the car insurance industry. • The Jaguar XJ is the most well-behaved vehicle. V There is currently no IIt's a MYTH that red cars are the most expensive to insure. •More than 75,000 airbags are stolen every year nationally evidence that claims due to Toyota's gas pedals have Comprehensive coverage, which is not mandatory, also pays for fire, vandalism and weather-related damage (including flooding and earthquakes). People with red sports cars might have the image of being wild and reckless, but "it certainly isn't based on any type of reality" sa spokesperson for State Farm Insurance. Insurance companies are interested in the year, make, model, body type, engine size and age of your vehicle, not the color. affected car insurance prices. •While an estimated 125,000 vehicles were junked in the wake of 2005's Hurricane Katrina, it's not considered a factor in Louisiana's high rates. SOURCES: National Highway Traffic Safety Administration USAToday; insure.com PIMP YOUR RIDE but make sure to tell your insurer I Bling Machines are not necessarily luxury vehicles, classic hot rods or fancy sports cars. Popular older Ho Chics, Acura Integras, Ford Mustangs, Mazda RX75 and Nissan 350Zs - because you can buy them cheap and use your bucks for the bling. are often Sun or moon roof "THE BLING MACHINE" Pickup truck cap/ bedliner New stereo equipment New CD or DVD player Front or rear spoilers These are considered high-risk because their parts are often worth more than the car itself, New transmission New or modified engine New paint job or and their owners have a body work reputation for driving on the wild side. Ноod ornaments If you don't let your insurance company know that you've modified your car, you may not be reimbursed for all the bells and whistles after an accident or your policy could be voided because of non-disclosure. Alarm or security system Auxiliary lighting (fog lights) New upholstery or carpeting Undercar accent lights Premium wheels & tires Chrome bumpers ....... TIPS ON GETTING LOWER PREMIUMS The key to getting cheap car insurance is to live super-safely. Keep your credit history clean, don't drive a flashy car, know the value of your vehicle and shop around. 000002 000003 000004 O06 Don't buy a high- profile ca Insurers may charge you more to insure a car that attracts thieves or is costly to repair. Ask for quotes before buying a new Ask for Low Mileage discounts If you don't drive much on a regular basis, your insurance costs could drop significantly. Get a copy of your credit report It's good practice to ensure that all credit re quare on your is a big variable in car insurance costs, so if your credit report is clean, make sure to get a copy to your insurer and slash costs. Comparison shop Look for insurers that give you instant s on their web Ask for a higher deductible Drop Collision on older cars Know the value of your car; it may be cheaper to just get a new car than to repair old one if you're You'll be surprised at quand get a few the e savings this can net you; this move Credit history quotes before committing to an insurer. alone can lower your insurance premium by up to 40%. your in an accident. car. PAY IN FULL WHENEVER POSSIBLE AND ALWAYS DRIVE SAFELY GRAPHIC SOURCES: insure.com; AAA; Insurance Information Institute V Cheaper Car Insurance.com HOW YOUR HOME AND CAR AFFECT YOUR CAR INSURANCE PREMIUM Auto insurance costs depend on where you live and what kind of vehicle you drive Many variables affect the cost of your annual car insurance premium. Your age and gender, your driving record and credit history, the type of car insurance you purchase, where you live and what kind of car you drive are some of the primary factors that determine your rate. Insurance requirements and costs vary from state to state, so make sure to compare quotes and know how where you live and what car you drive impact your car insurance costs. INSURANCE ACROSS THE COUNTRY Besides protecting you financially, car insurance is considered a social responsibility. Driving without insurance or the ability to pay for the damages you cause in an accident puts others at financial risk. Here's a look at coverage requirements across the U.S.: IMost states require insurance liability oshire, Florida and $XXX Personal Insurance Protection required PIP pays for medical expenses and lost wages for you and your passengers who are injured in an accident Uninsured motorist coverage required UM coverage pays for your medical bills if an uninsured driver strikes your car or if you're a victim of a hit-and-run No fault state Average annual Your policy must pay medical bils for you and your passengers regardless of who caused the accident New Wisconsin" are the only states where it's legal to drive without it. premium PROPELT "until June 1,2010 Michigan is the only state to offer unlimited m MAINE Lowest average premium: $903 Cal benefits d medical to all accident victims for life Because of this, car insurance has become a primary source of medical coverage. Michigan also has the country's highest unemployment rate. ILLINOIS, INDIANA and MICHIGAN Crooks prefer American-made and steal Dodges and Fords MONTANA $1,858 VT, N.H. $969 $1.011 WIS, $1,011 $2,098 GRAPHI Maine is a largely rural state where there are fewer people with lower commuter mileage, the highways are less busy, and t OHIO $1,000 CALIFORNIA Car thieves prefer to steal imports like Hondas and Тoyogas are fewer lawhere keeping car insurance costs the lowest in the US. OKLAHOMA $2,098 LOUISIANA Highest average premium: $2,511 TEXAS Pickup trucks are the most commonly stolen vehicle. If you're driving into Mexico, you'll need South-of-the-Border can insurance. U.S. insurance cards are often invalid there; if you get into an accident, both parties are presumed guilty and taken to jail. Mexican auto insurance is cheap and easy to obtain and it's definitely preferable to a Mexican jail. FLORIDA Car thieves preke s prefer to steal imports like Hondas and Toyotas Only cases with claims in excess of $50,000 receive a jury trial; there are lots of settlements at $49,000. Traditionally, Louisiana has higher bodily injury rates and more lawsuits per capita than most states. Across the U.S., statistics show that people who live within a mile of a church or other religious institution are 10% less likely to have a car accident resulting in property damage. Your risk of getting into a car accident is reduced here and that could lead to better car insurance premiums. ACCIDENT HOT SPOTS How much more likely you are to get into a car accident if you live within one mile of these: 30% 26% 26% 25% Restaurant Grade school Grocery store Bank However, living near a restaurant increases your chances of getting into a car accident by 30%; therefore your insurance rates may be higher. TACOS 23% 18% If you live within one mile of a gas station, your probability of making a physical damage claim is 22% higher than somebody who lives further away from that same gas station. FERT Car dealer Racetrack or amusement park Hotel, motel, resort or spa Liquor store 4% 1% Auto insurance also tends to be more expensive in urban areas because of the higher density of traffic, increased likelihood of theft and vandalism, and greater incidence of fraud in some cities. National park or forest Local or Airport Doctor's office or clinic community park YOUR CAR MAY BE COSTING YOU A 2010 study by AAA found that the average cost of auto insurance on sedans rose by 5.7% in 2010 from the previous year for a typical policy including collision and comprehensive coverage (to $1,031). Mazda Tribute I 2WD four- door SUV is the cheapest 2010 vehicle to insure at $1,070 per year. It is closely followed by the Honda Odyssey LX. Porsche 911 Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models. A 40-year-old male with a good driving record would pay almost three times as much, an average of $2,944/year. 5.7% ANNUAL INSURANCE COSTS FOR THE BEST-SELLING VEHICLES Rank (by sales), make & model and average national premium, 2008: $1,493 $1,275 $1,383 $1,303 $1,301 9SH Mes SH MeS 95 Ford F-Series pickup Toyota Camry O Toyota CorollaO Chevrolet Silverado Honda Accord pickup MYTHINFORMATION WHAT IF I DRIVE A TOYOTA? IIt's a FACT that driving certain sports cars could cost you hundreds of dollars more annually for insurance. It's also a MYTH that thieves prefer to steal In early 2010, Toyota recalled roughly 7.8 million vehicles for acceleration problems due to pedal entrapment by floor mats and gas pedals that stick. new cars. Thieves prefer to steal older cars.These are easier to steal, and in the slow economy people are keeping their cars longer, so there's a good market for used parts. Car insurance rates also tend to rise with horsepower V Auto manufacturers are legally obligated to notify the National Highway Traffic Safety Administration (NHTSA) within 5 business days if they determine that an auto safety defect exists. Mercedez- Benz SL $1,577 MOST FREQUENTLY STOLEN CARS in the U.S., 2008: 1 1994 Honda Accord Volkswagen Passat $936 Nissan GT-R $2,533 V Toyota has recently agreed to pay the maximum civil penalty of $16.3 million to the NHTSA for failing to notify the auto safety agency of the "sticky pedal" despite knowing the potential risk to consumers for at least four months. 2 1995 Honda Civic Average insurance costs for 40-year-old single male driver with clean driving r 31989 Toyota Camry IIt's a MYTH though that drivers of sports cars get more tickets and thus pay higher insurance premiums. Actually, a 2009 study revealed that Hummer H2 and H3 drivers have the most violations, almost 5x those compared to the average. V Claims involving the recalled vehicles have cost insurance companies around around $6 million nationally. Insurers may seek to recoup the ce that consumer's premiums will be affected, say insurers. Find Jord 1997 Ford F-150 Pickup e costs from Toyota but it's unlikely Se 5 2004 Dodge Ram Pickup Arnold Schwarzenegger drives a Hummer H3. Paris Hilton, Dennis Rodman and James Cameron have also been known to drive Hummers. Auto theft is covered under the comprehensive section of an auto insurance policy. Theft coverage applies to the loss of the vehicle, as well as parts such as air bags. V Despite the recall, Toyota has a good reputation in the car insurance industry. • The Jaguar XJ is the most well-behaved vehicle. V There is currently no IIt's a MYTH that red cars are the most expensive to insure. •More than 75,000 airbags are stolen every year nationally evidence that claims due to Toyota's gas pedals have Comprehensive coverage, which is not mandatory, also pays for fire, vandalism and weather-related damage (including flooding and earthquakes). People with red sports cars might have the image of being wild and reckless, but "it certainly isn't based on any type of reality" sa spokesperson for State Farm Insurance. Insurance companies are interested in the year, make, model, body type, engine size and age of your vehicle, not the color. affected car insurance prices. •While an estimated 125,000 vehicles were junked in the wake of 2005's Hurricane Katrina, it's not considered a factor in Louisiana's high rates. SOURCES: National Highway Traffic Safety Administration USAToday; insure.com PIMP YOUR RIDE but make sure to tell your insurer I Bling Machines are not necessarily luxury vehicles, classic hot rods or fancy sports cars. Popular older Ho Chics, Acura Integras, Ford Mustangs, Mazda RX75 and Nissan 350Zs - because you can buy them cheap and use your bucks for the bling. are often Sun or moon roof "THE BLING MACHINE" Pickup truck cap/ bedliner New stereo equipment New CD or DVD player Front or rear spoilers These are considered high-risk because their parts are often worth more than the car itself, New transmission New or modified engine New paint job or and their owners have a body work reputation for driving on the wild side. Ноod ornaments If you don't let your insurance company know that you've modified your car, you may not be reimbursed for all the bells and whistles after an accident or your policy could be voided because of non-disclosure. Alarm or security system Auxiliary lighting (fog lights) New upholstery or carpeting Undercar accent lights Premium wheels & tires Chrome bumpers ....... TIPS ON GETTING LOWER PREMIUMS The key to getting cheap car insurance is to live super-safely. Keep your credit history clean, don't drive a flashy car, know the value of your vehicle and shop around. 000002 000003 000004 O06 Don't buy a high- profile ca Insurers may charge you more to insure a car that attracts thieves or is costly to repair. Ask for quotes before buying a new Ask for Low Mileage discounts If you don't drive much on a regular basis, your insurance costs could drop significantly. Get a copy of your credit report It's good practice to ensure that all credit re quare on your is a big variable in car insurance costs, so if your credit report is clean, make sure to get a copy to your insurer and slash costs. Comparison shop Look for insurers that give you instant s on their web Ask for a higher deductible Drop Collision on older cars Know the value of your car; it may be cheaper to just get a new car than to repair old one if you're You'll be surprised at quand get a few the e savings this can net you; this move Credit history quotes before committing to an insurer. alone can lower your insurance premium by up to 40%. your in an accident. car. PAY IN FULL WHENEVER POSSIBLE AND ALWAYS DRIVE SAFELY GRAPHIC SOURCES: insure.com; AAA; Insurance Information Institute V Cheaper Car Insurance.com HOW YOUR HOME AND CAR AFFECT YOUR CAR INSURANCE PREMIUM Auto insurance costs depend on where you live and what kind of vehicle you drive Many variables affect the cost of your annual car insurance premium. Your age and gender, your driving record and credit history, the type of car insurance you purchase, where you live and what kind of car you drive are some of the primary factors that determine your rate. Insurance requirements and costs vary from state to state, so make sure to compare quotes and know how where you live and what car you drive impact your car insurance costs. INSURANCE ACROSS THE COUNTRY Besides protecting you financially, car insurance is considered a social responsibility. Driving without insurance or the ability to pay for the damages you cause in an accident puts others at financial risk. Here's a look at coverage requirements across the U.S.: IMost states require insurance liability oshire, Florida and $XXX Personal Insurance Protection required PIP pays for medical expenses and lost wages for you and your passengers who are injured in an accident Uninsured motorist coverage required UM coverage pays for your medical bills if an uninsured driver strikes your car or if you're a victim of a hit-and-run No fault state Average annual Your policy must pay medical bils for you and your passengers regardless of who caused the accident New Wisconsin" are the only states where it's legal to drive without it. premium PROPELT "until June 1,2010 Michigan is the only state to offer unlimited m MAINE Lowest average premium: $903 Cal benefits d medical to all accident victims for life Because of this, car insurance has become a primary source of medical coverage. Michigan also has the country's highest unemployment rate. ILLINOIS, INDIANA and MICHIGAN Crooks prefer American-made and steal Dodges and Fords MONTANA $1,858 VT, N.H. $969 $1.011 WIS, $1,011 $2,098 GRAPHI Maine is a largely rural state where there are fewer people with lower commuter mileage, the highways are less busy, and t OHIO $1,000 CALIFORNIA Car thieves prefer to steal imports like Hondas and Тoyogas are fewer lawhere keeping car insurance costs the lowest in the US. OKLAHOMA $2,098 LOUISIANA Highest average premium: $2,511 TEXAS Pickup trucks are the most commonly stolen vehicle. If you're driving into Mexico, you'll need South-of-the-Border can insurance. U.S. insurance cards are often invalid there; if you get into an accident, both parties are presumed guilty and taken to jail. Mexican auto insurance is cheap and easy to obtain and it's definitely preferable to a Mexican jail. FLORIDA Car thieves preke s prefer to steal imports like Hondas and Toyotas Only cases with claims in excess of $50,000 receive a jury trial; there are lots of settlements at $49,000. Traditionally, Louisiana has higher bodily injury rates and more lawsuits per capita than most states. Across the U.S., statistics show that people who live within a mile of a church or other religious institution are 10% less likely to have a car accident resulting in property damage. Your risk of getting into a car accident is reduced here and that could lead to better car insurance premiums. ACCIDENT HOT SPOTS How much more likely you are to get into a car accident if you live within one mile of these: 30% 26% 26% 25% Restaurant Grade school Grocery store Bank However, living near a restaurant increases your chances of getting into a car accident by 30%; therefore your insurance rates may be higher. TACOS 23% 18% If you live within one mile of a gas station, your probability of making a physical damage claim is 22% higher than somebody who lives further away from that same gas station. FERT Car dealer Racetrack or amusement park Hotel, motel, resort or spa Liquor store 4% 1% Auto insurance also tends to be more expensive in urban areas because of the higher density of traffic, increased likelihood of theft and vandalism, and greater incidence of fraud in some cities. National park or forest Local or Airport Doctor's office or clinic community park YOUR CAR MAY BE COSTING YOU A 2010 study by AAA found that the average cost of auto insurance on sedans rose by 5.7% in 2010 from the previous year for a typical policy including collision and comprehensive coverage (to $1,031). Mazda Tribute I 2WD four- door SUV is the cheapest 2010 vehicle to insure at $1,070 per year. It is closely followed by the Honda Odyssey LX. Porsche 911 Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models. A 40-year-old male with a good driving record would pay almost three times as much, an average of $2,944/year. 5.7% ANNUAL INSURANCE COSTS FOR THE BEST-SELLING VEHICLES Rank (by sales), make & model and average national premium, 2008: $1,493 $1,275 $1,383 $1,303 $1,301 9SH Mes SH MeS 95 Ford F-Series pickup Toyota Camry O Toyota CorollaO Chevrolet Silverado Honda Accord pickup MYTHINFORMATION WHAT IF I DRIVE A TOYOTA? IIt's a FACT that driving certain sports cars could cost you hundreds of dollars more annually for insurance. It's also a MYTH that thieves prefer to steal In early 2010, Toyota recalled roughly 7.8 million vehicles for acceleration problems due to pedal entrapment by floor mats and gas pedals that stick. new cars. Thieves prefer to steal older cars.These are easier to steal, and in the slow economy people are keeping their cars longer, so there's a good market for used parts. Car insurance rates also tend to rise with horsepower V Auto manufacturers are legally obligated to notify the National Highway Traffic Safety Administration (NHTSA) within 5 business days if they determine that an auto safety defect exists. Mercedez- Benz SL $1,577 MOST FREQUENTLY STOLEN CARS in the U.S., 2008: 1 1994 Honda Accord Volkswagen Passat $936 Nissan GT-R $2,533 V Toyota has recently agreed to pay the maximum civil penalty of $16.3 million to the NHTSA for failing to notify the auto safety agency of the "sticky pedal" despite knowing the potential risk to consumers for at least four months. 2 1995 Honda Civic Average insurance costs for 40-year-old single male driver with clean driving r 31989 Toyota Camry IIt's a MYTH though that drivers of sports cars get more tickets and thus pay higher insurance premiums. Actually, a 2009 study revealed that Hummer H2 and H3 drivers have the most violations, almost 5x those compared to the average. V Claims involving the recalled vehicles have cost insurance companies around around $6 million nationally. Insurers may seek to recoup the ce that consumer's premiums will be affected, say insurers. Find Jord 1997 Ford F-150 Pickup e costs from Toyota but it's unlikely Se 5 2004 Dodge Ram Pickup Arnold Schwarzenegger drives a Hummer H3. Paris Hilton, Dennis Rodman and James Cameron have also been known to drive Hummers. Auto theft is covered under the comprehensive section of an auto insurance policy. Theft coverage applies to the loss of the vehicle, as well as parts such as air bags. V Despite the recall, Toyota has a good reputation in the car insurance industry. • The Jaguar XJ is the most well-behaved vehicle. V There is currently no IIt's a MYTH that red cars are the most expensive to insure. •More than 75,000 airbags are stolen every year nationally evidence that claims due to Toyota's gas pedals have Comprehensive coverage, which is not mandatory, also pays for fire, vandalism and weather-related damage (including flooding and earthquakes). People with red sports cars might have the image of being wild and reckless, but "it certainly isn't based on any type of reality" sa spokesperson for State Farm Insurance. Insurance companies are interested in the year, make, model, body type, engine size and age of your vehicle, not the color. affected car insurance prices. •While an estimated 125,000 vehicles were junked in the wake of 2005's Hurricane Katrina, it's not considered a factor in Louisiana's high rates. SOURCES: National Highway Traffic Safety Administration USAToday; insure.com PIMP YOUR RIDE but make sure to tell your insurer I Bling Machines are not necessarily luxury vehicles, classic hot rods or fancy sports cars. Popular older Ho Chics, Acura Integras, Ford Mustangs, Mazda RX75 and Nissan 350Zs - because you can buy them cheap and use your bucks for the bling. are often Sun or moon roof "THE BLING MACHINE" Pickup truck cap/ bedliner New stereo equipment New CD or DVD player Front or rear spoilers These are considered high-risk because their parts are often worth more than the car itself, New transmission New or modified engine New paint job or and their owners have a body work reputation for driving on the wild side. Ноod ornaments If you don't let your insurance company know that you've modified your car, you may not be reimbursed for all the bells and whistles after an accident or your policy could be voided because of non-disclosure. Alarm or security system Auxiliary lighting (fog lights) New upholstery or carpeting Undercar accent lights Premium wheels & tires Chrome bumpers ....... TIPS ON GETTING LOWER PREMIUMS The key to getting cheap car insurance is to live super-safely. Keep your credit history clean, don't drive a flashy car, know the value of your vehicle and shop around. 000002 000003 000004 O06 Don't buy a high- profile ca Insurers may charge you more to insure a car that attracts thieves or is costly to repair. Ask for quotes before buying a new Ask for Low Mileage discounts If you don't drive much on a regular basis, your insurance costs could drop significantly. Get a copy of your credit report It's good practice to ensure that all credit re quare on your is a big variable in car insurance costs, so if your credit report is clean, make sure to get a copy to your insurer and slash costs. Comparison shop Look for insurers that give you instant s on their web Ask for a higher deductible Drop Collision on older cars Know the value of your car; it may be cheaper to just get a new car than to repair old one if you're You'll be surprised at quand get a few the e savings this can net you; this move Credit history quotes before committing to an insurer. alone can lower your insurance premium by up to 40%. your in an accident. car. PAY IN FULL WHENEVER POSSIBLE AND ALWAYS DRIVE SAFELY GRAPHIC SOURCES: insure.com; AAA; Insurance Information Institute V Cheaper Car Insurance.com HOW YOUR HOME AND CAR AFFECT YOUR CAR INSURANCE PREMIUM Auto insurance costs depend on where you live and what kind of vehicle you drive Many variables affect the cost of your annual car insurance premium. Your age and gender, your driving record and credit history, the type of car insurance you purchase, where you live and what kind of car you drive are some of the primary factors that determine your rate. Insurance requirements and costs vary from state to state, so make sure to compare quotes and know how where you live and what car you drive impact your car insurance costs. INSURANCE ACROSS THE COUNTRY Besides protecting you financially, car insurance is considered a social responsibility. Driving without insurance or the ability to pay for the damages you cause in an accident puts others at financial risk. Here's a look at coverage requirements across the U.S.: IMost states require insurance liability oshire, Florida and $XXX Personal Insurance Protection required PIP pays for medical expenses and lost wages for you and your passengers who are injured in an accident Uninsured motorist coverage required UM coverage pays for your medical bills if an uninsured driver strikes your car or if you're a victim of a hit-and-run No fault state Average annual Your policy must pay medical bils for you and your passengers regardless of who caused the accident New Wisconsin" are the only states where it's legal to drive without it. premium PROPELT "until June 1,2010 Michigan is the only state to offer unlimited m MAINE Lowest average premium: $903 Cal benefits d medical to all accident victims for life Because of this, car insurance has become a primary source of medical coverage. Michigan also has the country's highest unemployment rate. ILLINOIS, INDIANA and MICHIGAN Crooks prefer American-made and steal Dodges and Fords MONTANA $1,858 VT, N.H. $969 $1.011 WIS, $1,011 $2,098 GRAPHI Maine is a largely rural state where there are fewer people with lower commuter mileage, the highways are less busy, and t OHIO $1,000 CALIFORNIA Car thieves prefer to steal imports like Hondas and Тoyogas are fewer lawhere keeping car insurance costs the lowest in the US. OKLAHOMA $2,098 LOUISIANA Highest average premium: $2,511 TEXAS Pickup trucks are the most commonly stolen vehicle. If you're driving into Mexico, you'll need South-of-the-Border can insurance. U.S. insurance cards are often invalid there; if you get into an accident, both parties are presumed guilty and taken to jail. Mexican auto insurance is cheap and easy to obtain and it's definitely preferable to a Mexican jail. FLORIDA Car thieves preke s prefer to steal imports like Hondas and Toyotas Only cases with claims in excess of $50,000 receive a jury trial; there are lots of settlements at $49,000. Traditionally, Louisiana has higher bodily injury rates and more lawsuits per capita than most states. Across the U.S., statistics show that people who live within a mile of a church or other religious institution are 10% less likely to have a car accident resulting in property damage. Your risk of getting into a car accident is reduced here and that could lead to better car insurance premiums. ACCIDENT HOT SPOTS How much more likely you are to get into a car accident if you live within one mile of these: 30% 26% 26% 25% Restaurant Grade school Grocery store Bank However, living near a restaurant increases your chances of getting into a car accident by 30%; therefore your insurance rates may be higher. TACOS 23% 18% If you live within one mile of a gas station, your probability of making a physical damage claim is 22% higher than somebody who lives further away from that same gas station. FERT Car dealer Racetrack or amusement park Hotel, motel, resort or spa Liquor store 4% 1% Auto insurance also tends to be more expensive in urban areas because of the higher density of traffic, increased likelihood of theft and vandalism, and greater incidence of fraud in some cities. National park or forest Local or Airport Doctor's office or clinic community park YOUR CAR MAY BE COSTING YOU A 2010 study by AAA found that the average cost of auto insurance on sedans rose by 5.7% in 2010 from the previous year for a typical policy including collision and comprehensive coverage (to $1,031). Mazda Tribute I 2WD four- door SUV is the cheapest 2010 vehicle to insure at $1,070 per year. It is closely followed by the Honda Odyssey LX. Porsche 911 Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models. A 40-year-old male with a good driving record would pay almost three times as much, an average of $2,944/year. 5.7% ANNUAL INSURANCE COSTS FOR THE BEST-SELLING VEHICLES Rank (by sales), make & model and average national premium, 2008: $1,493 $1,275 $1,383 $1,303 $1,301 9SH Mes SH MeS 95 Ford F-Series pickup Toyota Camry O Toyota CorollaO Chevrolet Silverado Honda Accord pickup MYTHINFORMATION WHAT IF I DRIVE A TOYOTA? IIt's a FACT that driving certain sports cars could cost you hundreds of dollars more annually for insurance. It's also a MYTH that thieves prefer to steal In early 2010, Toyota recalled roughly 7.8 million vehicles for acceleration problems due to pedal entrapment by floor mats and gas pedals that stick. new cars. Thieves prefer to steal older cars.These are easier to steal, and in the slow economy people are keeping their cars longer, so there's a good market for used parts. Car insurance rates also tend to rise with horsepower V Auto manufacturers are legally obligated to notify the National Highway Traffic Safety Administration (NHTSA) within 5 business days if they determine that an auto safety defect exists. Mercedez- Benz SL $1,577 MOST FREQUENTLY STOLEN CARS in the U.S., 2008: 1 1994 Honda Accord Volkswagen Passat $936 Nissan GT-R $2,533 V Toyota has recently agreed to pay the maximum civil penalty of $16.3 million to the NHTSA for failing to notify the auto safety agency of the "sticky pedal" despite knowing the potential risk to consumers for at least four months. 2 1995 Honda Civic Average insurance costs for 40-year-old single male driver with clean driving r 31989 Toyota Camry IIt's a MYTH though that drivers of sports cars get more tickets and thus pay higher insurance premiums. Actually, a 2009 study revealed that Hummer H2 and H3 drivers have the most violations, almost 5x those compared to the average. V Claims involving the recalled vehicles have cost insurance companies around around $6 million nationally. Insurers may seek to recoup the ce that consumer's premiums will be affected, say insurers. Find Jord 1997 Ford F-150 Pickup e costs from Toyota but it's unlikely Se 5 2004 Dodge Ram Pickup Arnold Schwarzenegger drives a Hummer H3. Paris Hilton, Dennis Rodman and James Cameron have also been known to drive Hummers. Auto theft is covered under the comprehensive section of an auto insurance policy. Theft coverage applies to the loss of the vehicle, as well as parts such as air bags. V Despite the recall, Toyota has a good reputation in the car insurance industry. • The Jaguar XJ is the most well-behaved vehicle. V There is currently no IIt's a MYTH that red cars are the most expensive to insure. •More than 75,000 airbags are stolen every year nationally evidence that claims due to Toyota's gas pedals have Comprehensive coverage, which is not mandatory, also pays for fire, vandalism and weather-related damage (including flooding and earthquakes). People with red sports cars might have the image of being wild and reckless, but "it certainly isn't based on any type of reality" sa spokesperson for State Farm Insurance. Insurance companies are interested in the year, make, model, body type, engine size and age of your vehicle, not the color. affected car insurance prices. •While an estimated 125,000 vehicles were junked in the wake of 2005's Hurricane Katrina, it's not considered a factor in Louisiana's high rates. SOURCES: National Highway Traffic Safety Administration USAToday; insure.com PIMP YOUR RIDE but make sure to tell your insurer I Bling Machines are not necessarily luxury vehicles, classic hot rods or fancy sports cars. Popular older Ho Chics, Acura Integras, Ford Mustangs, Mazda RX75 and Nissan 350Zs - because you can buy them cheap and use your bucks for the bling. are often Sun or moon roof "THE BLING MACHINE" Pickup truck cap/ bedliner New stereo equipment New CD or DVD player Front or rear spoilers These are considered high-risk because their parts are often worth more than the car itself, New transmission New or modified engine New paint job or and their owners have a body work reputation for driving on the wild side. Ноod ornaments If you don't let your insurance company know that you've modified your car, you may not be reimbursed for all the bells and whistles after an accident or your policy could be voided because of non-disclosure. Alarm or security system Auxiliary lighting (fog lights) New upholstery or carpeting Undercar accent lights Premium wheels & tires Chrome bumpers ....... TIPS ON GETTING LOWER PREMIUMS The key to getting cheap car insurance is to live super-safely. Keep your credit history clean, don't drive a flashy car, know the value of your vehicle and shop around. 000002 000003 000004 O06 Don't buy a high- profile ca Insurers may charge you more to insure a car that attracts thieves or is costly to repair. Ask for quotes before buying a new Ask for Low Mileage discounts If you don't drive much on a regular basis, your insurance costs could drop significantly. Get a copy of your credit report It's good practice to ensure that all credit re quare on your is a big variable in car insurance costs, so if your credit report is clean, make sure to get a copy to your insurer and slash costs. Comparison shop Look for insurers that give you instant s on their web Ask for a higher deductible Drop Collision on older cars Know the value of your car; it may be cheaper to just get a new car than to repair old one if you're You'll be surprised at quand get a few the e savings this can net you; this move Credit history quotes before committing to an insurer. alone can lower your insurance premium by up to 40%. your in an accident. car. PAY IN FULL WHENEVER POSSIBLE AND ALWAYS DRIVE SAFELY GRAPHIC SOURCES: insure.com; AAA; Insurance Information Institute V Cheaper Car Insurance.com HOW YOUR HOME AND CAR AFFECT YOUR CAR INSURANCE PREMIUM Auto insurance costs depend on where you live and what kind of vehicle you drive Many variables affect the cost of your annual car insurance premium. Your age and gender, your driving record and credit history, the type of car insurance you purchase, where you live and what kind of car you drive are some of the primary factors that determine your rate. Insurance requirements and costs vary from state to state, so make sure to compare quotes and know how where you live and what car you drive impact your car insurance costs. INSURANCE ACROSS THE COUNTRY Besides protecting you financially, car insurance is considered a social responsibility. Driving without insurance or the ability to pay for the damages you cause in an accident puts others at financial risk. Here's a look at coverage requirements across the U.S.: IMost states require insurance liability oshire, Florida and $XXX Personal Insurance Protection required PIP pays for medical expenses and lost wages for you and your passengers who are injured in an accident Uninsured motorist coverage required UM coverage pays for your medical bills if an uninsured driver strikes your car or if you're a victim of a hit-and-run No fault state Average annual Your policy must pay medical bils for you and your passengers regardless of who caused the accident New Wisconsin" are the only states where it's legal to drive without it. premium PROPELT "until June 1,2010 Michigan is the only state to offer unlimited m MAINE Lowest average premium: $903 Cal benefits d medical to all accident victims for life Because of this, car insurance has become a primary source of medical coverage. Michigan also has the country's highest unemployment rate. ILLINOIS, INDIANA and MICHIGAN Crooks prefer American-made and steal Dodges and Fords MONTANA $1,858 VT, N.H. $969 $1.011 WIS, $1,011 $2,098 GRAPHI Maine is a largely rural state where there are fewer people with lower commuter mileage, the highways are less busy, and t OHIO $1,000 CALIFORNIA Car thieves prefer to steal imports like Hondas and Тoyogas are fewer lawhere keeping car insurance costs the lowest in the US. OKLAHOMA $2,098 LOUISIANA Highest average premium: $2,511 TEXAS Pickup trucks are the most commonly stolen vehicle. If you're driving into Mexico, you'll need South-of-the-Border can insurance. U.S. insurance cards are often invalid there; if you get into an accident, both parties are presumed guilty and taken to jail. Mexican auto insurance is cheap and easy to obtain and it's definitely preferable to a Mexican jail. FLORIDA Car thieves preke s prefer to steal imports like Hondas and Toyotas Only cases with claims in excess of $50,000 receive a jury trial; there are lots of settlements at $49,000. Traditionally, Louisiana has higher bodily injury rates and more lawsuits per capita than most states. Across the U.S., statistics show that people who live within a mile of a church or other religious institution are 10% less likely to have a car accident resulting in property damage. Your risk of getting into a car accident is reduced here and that could lead to better car insurance premiums. ACCIDENT HOT SPOTS How much more likely you are to get into a car accident if you live within one mile of these: 30% 26% 26% 25% Restaurant Grade school Grocery store Bank However, living near a restaurant increases your chances of getting into a car accident by 30%; therefore your insurance rates may be higher. TACOS 23% 18% If you live within one mile of a gas station, your probability of making a physical damage claim is 22% higher than somebody who lives further away from that same gas station. FERT Car dealer Racetrack or amusement park Hotel, motel, resort or spa Liquor store 4% 1% Auto insurance also tends to be more expensive in urban areas because of the higher density of traffic, increased likelihood of theft and vandalism, and greater incidence of fraud in some cities. National park or forest Local or Airport Doctor's office or clinic community park YOUR CAR MAY BE COSTING YOU A 2010 study by AAA found that the average cost of auto insurance on sedans rose by 5.7% in 2010 from the previous year for a typical policy including collision and comprehensive coverage (to $1,031). Mazda Tribute I 2WD four- door SUV is the cheapest 2010 vehicle to insure at $1,070 per year. It is closely followed by the Honda Odyssey LX. Porsche 911 Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models. A 40-year-old male with a good driving record would pay almost three times as much, an average of $2,944/year. 5.7% ANNUAL INSURANCE COSTS FOR THE BEST-SELLING VEHICLES Rank (by sales), make & model and average national premium, 2008: $1,493 $1,275 $1,383 $1,303 $1,301 9SH Mes SH MeS 95 Ford F-Series pickup Toyota Camry O Toyota CorollaO Chevrolet Silverado Honda Accord pickup MYTHINFORMATION WHAT IF I DRIVE A TOYOTA? IIt's a FACT that driving certain sports cars could cost you hundreds of dollars more annually for insurance. It's also a MYTH that thieves prefer to steal In early 2010, Toyota recalled roughly 7.8 million vehicles for acceleration problems due to pedal entrapment by floor mats and gas pedals that stick. new cars. Thieves prefer to steal older cars.These are easier to steal, and in the slow economy people are keeping their cars longer, so there's a good market for used parts. Car insurance rates also tend to rise with horsepower V Auto manufacturers are legally obligated to notify the National Highway Traffic Safety Administration (NHTSA) within 5 business days if they determine that an auto safety defect exists. Mercedez- Benz SL $1,577 MOST FREQUENTLY STOLEN CARS in the U.S., 2008: 1 1994 Honda Accord Volkswagen Passat $936 Nissan GT-R $2,533 V Toyota has recently agreed to pay the maximum civil penalty of $16.3 million to the NHTSA for failing to notify the auto safety agency of the "sticky pedal" despite knowing the potential risk to consumers for at least four months. 2 1995 Honda Civic Average insurance costs for 40-year-old single male driver with clean driving r 31989 Toyota Camry IIt's a MYTH though that drivers of sports cars get more tickets and thus pay higher insurance premiums. Actually, a 2009 study revealed that Hummer H2 and H3 drivers have the most violations, almost 5x those compared to the average. V Claims involving the recalled vehicles have cost insurance companies around around $6 million nationally. Insurers may seek to recoup the ce that consumer's premiums will be affected, say insurers. Find Jord 1997 Ford F-150 Pickup e costs from Toyota but it's unlikely Se 5 2004 Dodge Ram Pickup Arnold Schwarzenegger drives a Hummer H3. Paris Hilton, Dennis Rodman and James Cameron have also been known to drive Hummers. Auto theft is covered under the comprehensive section of an auto insurance policy. Theft coverage applies to the loss of the vehicle, as well as parts such as air bags. V Despite the recall, Toyota has a good reputation in the car insurance industry. • The Jaguar XJ is the most well-behaved vehicle. V There is currently no IIt's a MYTH that red cars are the most expensive to insure. •More than 75,000 airbags are stolen every year nationally evidence that claims due to Toyota's gas pedals have Comprehensive coverage, which is not mandatory, also pays for fire, vandalism and weather-related damage (including flooding and earthquakes). People with red sports cars might have the image of being wild and reckless, but "it certainly isn't based on any type of reality" sa spokesperson for State Farm Insurance. Insurance companies are interested in the year, make, model, body type, engine size and age of your vehicle, not the color. affected car insurance prices. •While an estimated 125,000 vehicles were junked in the wake of 2005's Hurricane Katrina, it's not considered a factor in Louisiana's high rates. SOURCES: National Highway Traffic Safety Administration USAToday; insure.com PIMP YOUR RIDE but make sure to tell your insurer I Bling Machines are not necessarily luxury vehicles, classic hot rods or fancy sports cars. Popular older Ho Chics, Acura Integras, Ford Mustangs, Mazda RX75 and Nissan 350Zs - because you can buy them cheap and use your bucks for the bling. are often Sun or moon roof "THE BLING MACHINE" Pickup truck cap/ bedliner New stereo equipment New CD or DVD player Front or rear spoilers These are considered high-risk because their parts are often worth more than the car itself, New transmission New or modified engine New paint job or and their owners have a body work reputation for driving on the wild side. Ноod ornaments If you don't let your insurance company know that you've modified your car, you may not be reimbursed for all the bells and whistles after an accident or your policy could be voided because of non-disclosure. Alarm or security system Auxiliary lighting (fog lights) New upholstery or carpeting Undercar accent lights Premium wheels & tires Chrome bumpers ....... TIPS ON GETTING LOWER PREMIUMS The key to getting cheap car insurance is to live super-safely. Keep your credit history clean, don't drive a flashy car, know the value of your vehicle and shop around. 000002 000003 000004 O06 Don't buy a high- profile ca Insurers may charge you more to insure a car that attracts thieves or is costly to repair. Ask for quotes before buying a new Ask for Low Mileage discounts If you don't drive much on a regular basis, your insurance costs could drop significantly. Get a copy of your credit report It's good practice to ensure that all credit re quare on your is a big variable in car insurance costs, so if your credit report is clean, make sure to get a copy to your insurer and slash costs. Comparison shop Look for insurers that give you instant s on their web Ask for a higher deductible Drop Collision on older cars Know the value of your car; it may be cheaper to just get a new car than to repair old one if you're You'll be surprised at quand get a few the e savings this can net you; this move Credit history quotes before committing to an insurer. alone can lower your insurance premium by up to 40%. your in an accident. car. PAY IN FULL WHENEVER POSSIBLE AND ALWAYS DRIVE SAFELY GRAPHIC SOURCES: insure.com; AAA; Insurance Information Institute