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Monday, December 7, 2009

Cheap Car Insurance for Sports Cars

By Stacy Fox

U.S. cheap insurance for sports cars can be difficult to find. The cars themselves are high ticket items and they are very expensive to repair if an accident occurs. Additionally, it is a well established fact that these owners are high risk drivers and the insurance companies charge higher rates as a result.

The assumption is that people who look for performance in a car are going to drive very fast. Fast driving causes wrecks. And wrecked sports cars are expensive to repair.

Sports cars dominate the list of expensive vehicles to insure. The Nissan 2009 GT-R has the highest insurance bill of any car around. The $76,000 vehicle can costs on average $2533 a year to insure.

If you want a sports car with out the high insurance premiums, your best bet is the Ford Mustang G-T.

But, the lowest price new vehicle of all to insure is the Hyundai Santa Fe.

You may be wondering how the insurance rate on a sports care is determined. The primary factors are the price of the car and the average claims against it. Other factor include the 0 to 60 times and the horsepower to weight ratio which distinguish high performance from ind performance cars.

But the vehicle details aren't the only factors that go into what your insurance policy is going to cost. Your age is a factor - there are breaks at 21 and 30 - gender, and marital status are all considered. Additionally, some insurance companies monitor your odometer reading or get you to put in a GPS system so they can track your driving habits.

Keep in mind that there are two types of insurance as well. Straight liability insurance covers only the other party. Because these cars are designed for speed, liability insurance is higher for sports cars than for other cars. But there is also comprehensive coverage which will get your own car repaired if it is damaged. You have to decide which is right for you.

That's the basic facts on U.S. cheap car insurance for sports cars. - 21392

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