determine rates, part of what they look at is the type of vehicle you drive. As insurance is based on risk and the value of the vehicle, newer cars tend to be more expensive to insure.
If your vehicle is marked a total loss and your insurance company pays out, they’ll have to pay more for a newer car than an older one. Also, most people choose to carry
on older vehicles instead of full coverage, which can further reduce rates.
However, your rate is still dependent on other factors beyond the type of vehicle you drive. Even if you insure a used car, you may still have a high rate if you don’t have a good driving record or credit score.
The best way to see what your rates will be is to hop on
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.