How Your Vehicle Can Affect Your Auto Insurance

Two sedans and an SUV on the showroom floor of an auto dealershipWe’ve all heard that auto insurance rates can fluctuate according to the type of car you drive. Oftentimes, our decision to purchase a vehicle is heavily influenced by the notion that it may increase our monthly payments. While most insurance companies have their own unique formula that determines how much a policyholder should pay, there are common vehicle features that customarily weigh into the cost of insurance. Let’s take a look at how your vehicle can affect your auto insurance and why. [Read more…]