Is car insurance more expensive on newer models?

by admin on August 3, 2010

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Sophie S asked:

Im comparing car insurance quotes online. I havent yet got the car im insuring but Im looking at different 206 models. I know there are many factors when it comes to the quote, but does a newer model cost more to insure because this is what I seem to be finding:
2004 models- my insurance is around £470, yet when I checked the same model but a 2005 reg it was nearly £300 pounds more.


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{ 6 comments… read them below or add one }

Queen Of All Games August 3, 2010 at 12:47 pm

newer cares are cheaper to insure because the theft number is so low since it is a new car so the insurance company gives you a low quote

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Edmon P August 6, 2010 at 9:50 am

I recommend an online insurance quote. It’s free and generally hassle free.

Hope it works out

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Clay August 9, 2010 at 1:43 pm

You can compare how the insurance quotes would change, for example here – autoinsurance.noneto.com

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Scott H August 12, 2010 at 9:27 am

Insurance companies range when it comes to auto insurance. The more the car is worth, the more the insurance company will charge. The replacement cost is higher for newer cars, so the company has to charge you more. Your best bet is to shop around for the right coverage. Start by getting trusted insurance advice online.http://www.freeinsuranceadvice.com/auto-insurance

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Randy August 14, 2010 at 11:51 pm

You can try to compare rates from different companies to get the best rate. It Free and only takes minutes. The best way to find the cheapest rate is to compare different companies

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Paige August 15, 2010 at 7:17 am

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