So is this whole car dealerships thing going to affect insurance?
Author: admin
4
Feb
So is this whole car dealerships thing going to affect insurance?
If the prices of the cars are going to drop, is this going to do anything to the amount of money I will have to pay for my car insurance once I turn 16? Will it go up, go down, or stay the same
4 Responses for "So is this whole car dealerships thing going to affect insurance?"
Best Answer – Chosen by Voters So, who said the price of cars is going to drop? Even if they do, it will have little or no effect on car insurance rates.. so Source(s): so
I don't think it's going to matter.Auto insurance is not just tied to the value of the car you drive but to accident rates for age groups, accident demographics for the area you live, the repair rates for vehicles, etc. Just because the dealer cost of a car might go down, that is not going to affect the cost of parts and labor to fix a car. It doesn't really matter because any driver that is under 25 is going to pay more for insurance. The best thing for a teenager to do is strive for high enough grades for good student discount (if offered by your insurance company). State Farm offers two discounts for drivers with less than 9 years experience: good student discount and inexperienced driver safety discount. See the link below. Source(s): http://www.statefarm.com/insurance/auto_…
Where did you ever hear that the price of cars are going to drop. The government is buying into the auto industry. Have you ever heard of the government giving you a break. You will be lucky if the price doesn't go up. The price of cars won't affect the insurance costs. The type of car you buy will determine your insurance rates.
No. Not unless our fearless leader appoints an insurance czar for 16 year old drivers.
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