Auto insurance quotes are affected by a huge number of different variables that help the insurers determine the risk of insuring a particular car. All cars are different in terms of safety and security, and very different people drive these cars in different parts of the country. These things are all taken into consideration when calculating auto insurance quotes, and sometimes you can even leave a variable unnoticed but it will still have a huge impact on your insurance costs. Such is the situation with car safety and theft risk, which many people tend to forget about. Whether it is likely for your car being stolen or not, this will have a huge weight in your rates, and you have to know how this risk is determined and how you can manage it effectively.
First of all, it is important to understand why car theft is such a big problem. Well, it’s pretty obvious that having your car stolen is one of the worse things that can happen to you in terms of transportation, and the insurance company isn’t happy either because they will have to reimburse the value of the car (if you have fully comprehensive coverage that is). Thus, if there’s a particular area that is known for high theft rates or your car makes part of the list of the most stolen vehicles, then you’ll automatically get higher auto insurance rates because of the increased risk. Besides, if your car doesn’t have any security features that could prevent theft it is also considered as vulnerable and your premiums will be higher.
Now that you understand how theft risk affects auto insurance quotes, it is important to understand how you can manage this risk in order to get lower rates. It is not that complicated as you may imagine. Sure, moving to an area with lower crime rates or buying a car that is not stolen that often is a solution, but it’s a radical one, which not everyone can afford. A much simpler and cheaper solution is improving the security of your vehicle. There are many devices that are used to protect your car from theft and burglary, including alarm systems, digital locks, engine and transmission blockers and other features. Each of these, when installed into your car, will make it harder to steal your car, thus the risk of theft is reduced. The more features of this kind you introduce to the vehicle, the lower is the risk, and the lower premiums you’ll get from your provider. Just make sure to check with your insurer every time when you make an improvement in order to document it properly and get the discount you deserve. As you can see, there’s nothing really complicated about vehicle security.