I Need Mexico Car Insurance

Does Car Insurance Go Up with a New Car

When you buy a car, one of the first things you should do is insure it. And for most people, this means getting car insurance with your new car. But is that always the case? In this blog post, we will explore the question of whether car insurance goes up with a new car. We will look at the facts and answer the question as honestly as possible.

What is Car Insurance?

If you are in the market for a new car, make sure you shop around for car insurance. According to the website WalletHub, car insurance rates vary by state and by make and model of car. In some states, like New York, rates for luxury cars can be more than twice as high as rates for average cars.

In order to get a fair rate, it’s important to know your driving record, credit score, and age. You can also save money on your policy by bundling your auto and home insurance into one policy. And if you’re ever in an accident, make sure to have all of your information handy so that the insurance company can contact you easily.

Types of Car Insurance

There are several types of car insurance, and each has its own benefits and drawbacks. Below is a breakdown of the most common types:

Comprehensive Coverage: Comprehensive coverage includes general damage to your car and liability insurance, which protects you financially if someone is injured or killed in a car accident that was your fault. This type of coverage is especially important if you have a large car – a comprehensive policy for a small vehicle may not be enough.

Collision Coverage: Collision coverage pays for damages to your car caused by another vehicle. This can include things like repair costs, lost income due to time off work, and even the cost of new paint.

Your state may also require you to have collision coverage, so it’s important to check with your insurer before buying a policy.

Personal Auto Insurance: Personal auto insurance covers you and the people inside your car when you’re involved in an accident. It usually doesn’t include liability insurance, which covers others who were hurt in accidents involving your car. That means if someone gets Hurt while riding in the backseat of your car, their personal injuries could potentially be covered under personal auto insurance, but they wouldn’t have any financial protection from legal action if they were harmed in an accident with your car.

Third Party Liability Insurance: Third party liability insurance protects others who are injured or killed as a result of an accident involving your car. This coverage can help cover expenses.

What to Do if Your Car is Thefted or Stolen

If your car is stolen, you will likely experience a drop in your insurance rates. The process of filing a claim and getting the police report filed can take some time, so make sure to monitor your rates closely. If you have comprehensive or collision coverage, it may be worthwhile to upgrade to those plans in order to cover any damages that occur to the vehicle while it is out of your possession.


It can be difficult to know whether car insurance goes up when you buy a new car. There are several factors that go into determining rates, including the make and model of your vehicle, where it was manufactured, its age, and a few other factors. So it’s important to do your homework before buying a car so you understand what could impact your rates. Additionally, if you have an accident or get pulled over for another traffic violation while driving your new car, it’s important to know what kind of coverage is available to you. If you have any questions about how car insurance works with regard to purchasing a new vehicle, don’t hesitate to contact our team at One Call Auto Insurance!

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *