When Mississippi car insurance companies are setting rates for their policyholders, one of the factors they consider is whether the make and model to be insured is likely to be targeted by thieves. If you choose to drive one of the following vehicles:
1. Chevy Pickup – Full Size (1994)
2. Ford F150 Pickup (2006)
3. Chevrolet Impala (2005)
4. Chevrolet Caprice (2001)
5. Dodge Ram (2001)
6. Honda Accord (1996)
7. Oldsmobile Cutlass/Sierra/Supreme (1995)
8. GMC Pick-up – Full Size (1997)
9. Buick Lesabre (1990)
10. Mercury Grand Marquis (1997)
If you are in the market for a car, make a point of getting quotes for the models you are considering before you make your decision. Buying insurance coverage is part of the cost of owing a vehicle, and you will want to be sure that you take it into account when you are figuring out your car purchase budget.
Whether the car is likely to be targeted by thieves is only one criteria that insurance companies consider when setting rates for coverage. They also consider how expensive a particular vehicle is to repair. Drivers who buy vehicles which are pricey to repair will end up paying higher rates for their coverage.
The location where the vehicle will be garaged is another part of the equation when it comes to buying coverage. Consumers who live in an area with a history of numerous car thefts or acts of vandalism involving vehicles will pay higher rates for their coverage as well. Storing the vehicle in a locked garage, as opposed to parking it on the street, can effects rates and the insurer should be aware of this fact.