Insuring the cheapest cars Part 1
April 2nd, 2008
By: MJ
Let’s all be honest. Getting a car is really expensive nowadays! Nobody wants a wallet being drained of sizeable auto insurance premiums as well as having to pay monthly car payments. Don’t forget the rising fuel costs that are the trend right now, $110+ per gallon right now if I’m not mistaken. However, collision damage under accidents is one of the large things that insurers pay for. So, if the car you’re looking at has a very high loss under the collision coverage, insurers are likely to have to shell out a lot of money to repair the vehicle. As a result, you, the payer, are more likely to have to likewise pay more to insure more.