AutoInsuranceEZ.com Launched Car Insurance Cost Comparisons by Makeand Model
Drivers can view car insurance rates by make and model of car manufacturers including Acura,Chevrolet, BMW, Ford and more.
Los Angeles, CA, January 10, 2012 --(PR.com)-- Today an ultimate online resource center for driverswas launched by AutoInsuranceEZ.com. Visitors to the website can now easily compare differences ininsurance costs for different makes and models of cars. AutoInsuranceEZ.com provides this informationas an aid to consumers considering the purchase of a new vehicle and looking foraffordable autoinsurance.“Sticker prices tell only part of the story about costs associated with buying a car,” says John Peterson,the company's PR manager. “Here's help in figuring out how new cars are likely to compare in terms of auto insurance premiums. Selecting the right car can save you money on auto insurance.”Insurance companies set car insurance rates based mostly on statistical data that shows how ofteninsurance claims have been paid over a certain period for each car make and model. The assumption isthat if a specific vehicle has had a high rate of insurance losses in the past, it will keep to have losses atthe same rate in the future. Owners of those models will pay higher insurance premiums than owners of other cars.Carriers also consider repair cost when calculating insurance premiums. If a particular make and model isexpensive to repair or replace, then collision coverage is more expensive. For example, a BMW isrelatively expensive to insure because parts and labor are expensive and, in case of destroyed vehicles,expensive to replace.Frequency of accidents is another factor insurance companies rely on in setting insurance premiums.Insurance companies look how often a particular vehicle is involved in accidents. Owners of thosevehicles that have a relatively high accident rate will pay more to get insured. For example, the AcuraRSX and Toyota Celica have the highest insurance rate of any vehicle in its class. The reason is not that itis an expensive car to repair or replace, but the fact that it is most often owned by young drivers who haveaccidents at a high rate.Insurers do not usually adjust their premiums on the basis of data reflecting the crashworthiness of different vehicles. Although, some auto insurance companies lower their rates or offer special discounts if the insured car has features that are likely to improve its crashworthiness, such as automatic seat belts,anti-lock braking systems, and air bags.About AutoInsuranceEZ.comSite visitors can compare car insurance rates of popular cars by make and model, read car reviews, viewsafety ratings, and request auto insurance quotes for any potential vehicle purchase well ahead of time.For more information, please visit the website at http://www.autoinsuranceez.com