Tri Star Insurance Knows What Makes Dallas Auto Insurance Rates Soar
Posted by John Coyle on Thu, Mar 05, 2009
Most people are under the impression that middle-aged women driving inexpensive sedans save the most money on their car insurance, but like many wives tales, that’s just not true. Not entirely anyway. There are several reasons that your Dallas car insurance rates may be higher than others, but driving a luxury sports car isn’t the only one. Tri Star Insurance Professionals, Inc. located in North Dallas and servicing the Plano, Frisco, McKinney, Allen and surrounding areas knows what makes insurance rates go up and can help you find a policy that won’t bust your budget.
Several important factors that are taken into account in every car insurance policy include:
Price tag: The type of car you drive and it’s record or claim history actually has a greater impact on your auto insurance rates than does the car’s sticker price. If your car is the unfortunate victim of repeat theft or vandalism, then your rates will most likely increase. If you are an accident magnet and are always taking your car into the shop, the same consequence applies.
Cost of repair: If you are cruising around in a hot-rod red Alfa Romeo imported directly from Europe, then first of all, congrats. But know that the cost of replacing the car in the event of an accident may impact your car insurance rates for the worse. As most automotive shops don’t have high-end European car parts readily available, the price to fix or replace such a vehicle could be quite costly. Subsequently, driving a less specialized car such as a Toyota Camry wouldn’t be that difficult to replace therefore would not greatly affect your rates.
Your location: Whether it’s fair or not, where you live has a lot to do with the car insurance rates available to you. Areas high in crime and vandalism tend to have higher car insurance premiums. The less risk that an insurance company has to take means the more you benefit. According to MSN Autos, the number one stolen vehicle in the United States is the Honda Civic. There is no definitive reason for this statistic, save to say that Civics’ are solid, affordable cars that are quite popular among drivers.
You: Your age, gender and driving record are all top-level factors in your car insurance rate. Young males (sorry, fellas) are more likely to suffer from higher car insurance rates than their female counterparts. Is it fair? Not really, but based on statistical facts, males have a higher tendency of getting in a wreck or owing hundreds of dollars in speeding tickets. According to the Insurance Institute for Highway Safety car crashes are the number on killer of teenagers, especially males.
Whether you’re 19 and driving a pick-up truck with "character," or 55 and driving a luxury sedan with GPS capabilities, Tri Star, an independent insurance agency, can help you find a fair and competitive Dallas car insurance rate. To speak directly to an agent call 214-387-0600 or for more information visit www.tristarins.com.