What You Need To Know About Insurance Before Buying a Convertible
You may dream of driving down the highway in your new convertible with the top down and the wind blowing your hair back, but you should know a few facts before buying that shiny new convertible. Whether you prefer a hard top convertible or a “rag top,” you will probably pay more for a convertible than the same make and model of car with a standard top.
Maybe you have heard that insuring a convertible is more expensive than insuring other cars. There is a lot of truth in that rumor, too. Breathe Easy Insurance Solutions presents four reasons why you should consider the cost of owning a drop-top before you break out your wallet to make the purchase. You may find that you are glad you did!
1.) Convertibles Not Only Cost More To Buy, They Cost More To Insure.
Convertibles are generally more expensive to purchase, mainly because these cars include additional moving parts to operate the convertible top. Though auto insurance rates vary between vehicles, soft top convertibles may be more expensive to insure because soft tops may be considered less safe than cars with standard tops or hard top convertibles.
2.) The More Horsepower, The More You Will Pay For Insurance.
Many convertibles are also considered 5o be sports cars. If the convertible has a V6 or V8 engine, you can expect to pay more for auto insurance due to its classification as a sports car. Insurance companies believe that sports cars with high top speeds are more likely to be in high speed crashes.
3.) Convertibles With Soft Tops Are More Likely To Be Stolen or Vandalized.
A cloth drop-top can be easy to break in to simply by cutting the top with a knife. Insurance companies are aware of the added risk so they tend to charge higher rates for this type of convertible.
4.) Convertibles With Hard Tops Have Additional Weight.
The weight of your vehicle factors into your car insurance rates. Retractable hard top convertibles weigh more than standard autos due to the additional parts necessary to maneuver the top up and down. This added weight will add to your car insurance premiums, as well.
Before you purchase a convertible, speak with your insurance agent to find out what rates you will need to pay to insure the vehicle. Do your due diligence before you jump into the purchase just because you have fallen in love with the car. Though your insurance rates will be influenced by your driving history, age, credit rating, homeownership status and marital status, insuring a convertible may increase your rates more than you care to pay.
Another consideration is that convertibles garner attention so you may be more likely to be noticed by law enforcement while you are driving. Red cars receive more citations than any other color of car. If, by chance, you select a red convertible, you can probably count on additional scrutiny by law enforcement officers while you are on the road. Though there is no empirical evidence to support this assumptions, it may give you something to think about when shopping for your next car.
When you need low cost California SR22 insurance, Breathe Easy Insurance Solutions can locate the best rates for you. Breathe Easy Insurance Solutions specializes in providing auto insurance to drivers with less than perfect driving histories. Whether you have been convicted of a DUI, lost your license due to too many points on your record, or have been cited for lack of insurance, Breathe Easy Insurance Solutions can find cheap SR22 insurance for you. Our insurance specialists are available 24 hours a day, seven days a week. Call 866.822.7755 any time of the day or night to speak with an insurance specialist. You can also use the contact form on the Breathe Easy Insurance Solutions site to request your free SR22 insurance quote. Don’t wait. Get your quote today!