Cheap High Performance Car Insurance
Reader question:
I have a great car but it has a dent on it now, which I found when I came out of the store. Should I make a high performance car insurance claim?
Michael
I’m glad you asked, Michael.
You know, I think that one of the reasons that people can’t get cheap high performance car insurance is because they are too worry some about their vehicles. Now, don’t get me wrong. Most high performance cars are expensive, and thus even the smallest scratch could cost more money than usual to fix. However, you should not compensate for your worry for your vehicle by making a high performance car insurance claim for every little thing that happens. Even if it is something that will cost money to fix, that does not mean that your car insurance company will need to know.
The way I see it is that if something is under your deductible or you are otherwise able to afford to pay for the damages, then most of the time there is no reason to contact your high performance car insurance company unless you are a hundred percent sure that this would not put your clean auto insurance claim record in jeapordy. The reason I say this is, even though auto insurance companies want you to report all accidents in good faith even if you don’t file a high performance auto insurance claim for them, and they won’t punish you after the first couple, once you start a list then you will begin to see that they don’t think you are as good a customer as they thought you were before.
There are some guidelines that you should go by when deciding whether or not to report your high performance auto insurance accident to your company, and I’ll give you a list following this. You should think about these before you decide to call up and advise your company of your dent, although there are always going to be more factors and these should not be the deciding ones for your situation. Here they are.
- Can I pay for this?
This is the number one primary thing that you should consider. I got a dent in my car, too, recently, but I didn’t bother to call up my vehicle insurance company. It will probably cost me around fifty dollars to get fixed, which is five percent of my auto insurance deductible, so it doesn’t make any sense to report it. I can just wait and be lazy and go get it fixed when I’m ready, instead of having to worry about the long problems making a claim with my auto insurance collision coverage.
- Am I alone in this?
Another thing that will obviously play a huge role in you reporting your little accident to your high performance car insurance company is whether or not someone else is involved. If someone else is involved in the accident, then go no further. REPORT IT. I really don’t think there should be exceptions to this guideline, because even if the other person says they are okay and there is no need to report it and claim, that does not mean that it is true.
I’m not saying that the other person is lying, but I am saying that the evidence of damage may not be apparent right away after you get into an accident. The other person might start to feel back pains later that night, or might notice their vehicle making weird noises on the way home. One time I barely nicked a guy, and although there was no outer damage to my car, it wouldn’t start! You never know what will happen. If you get into an accident involving another party, report it.
Cheers,
Fashun Guadarrama.
Who Has The Cheapest High Performance Car Insurance?
One of the greatest ways to keep your cheap high performance car insurance premium at a low price is to maintain the status quo. What does that mean? It means maintaining your credit report and, most of all, staying out of trouble when you aren’t on the road. As owners of high performance cars, we don’t exactly have the best reputation for that last part. It’s understandable, considering that the cars that we drive have the ability to go fast and often be safer than most while doing it. The problem is that in most places, the law does not permit us to do this, and many do it anyway. I know the law is not always fun, but disobeying it can get your license suspended and high SR22 car insurance prices for the next three to five years.
- Your driving record.
Your driving record shouldn’t be as hard to maintain as people make it out to be. It actually is not that difficult to stay safe on the road, and all you really need to do is go the speed limit or do something just as good, keep your car insurance card on you at all times, and practice defensive driving to avoid accidents.
This is where the different kinds of discounts you get really start to interrelate, starting with this and that defensive driving course. If you think about it, one of the easiest ways to ruin your driving record is with an at fault accident or with a speeding or DUI ticket. Now, more at fault accidents can be avoided than currently are. When many people think of an at fault accident, they are thinking of things like running a stop sign or a red light and plowing into someone, but in most cases it’s a lot more ambiguous than that.
Did you know that the widest spread type of at fault accident involves the at fault driver plowing into the back of the other driver’s vehicle? This is the easiest kind of accident to get into, because it mostly happens when you aren’t paying attention to other drives. People think that the way to avoid an accident is to go the speed limit and watch out for other cars in their rear view mirrors, but there’s danger in the car in front of you as well.
The best way to avoid a rear at fault accident is to practice defensive driving rule number one: keep at least three seconds behind the car in front of you, and five seconds in bad weather. Yeah, people may honk at you and tell you to close the gap, but your car insurance rates are the ones that will go up if you rear end somebody. If you follow these rules and the person in front of you hits the brakes, then you will have plenty of time to stop safely without hitting them. If you hit them, it will be considered your fault because you did not keep a safe distance behind.
- Your credit report.
Keeping your credit report clean is easier said than done, but this can save you thousands of dollars throughout your life, and not just on car insurance. People with good credit reports get better interest rates on their loans, and end up paying thousands of dollars less than others for expensive things like cars and houses. People with bad credit reports end up paying way more.
Your car insurance company says that credit reports correlate to driving ability. People with bad credit reports file more claims, they say, than people with good ones. So having a good one is one of the biggest factors in getting a good high performance car insurance price.
Best High Performance Car Insurance Rate
How do you save money on your high performance car insurance? By proving to your high performance car insurance company that you know what you are doing when it comes to safety. This isn’t hard to do, and it involves more than just driving within the speed limit. But having a safe car discount can often take ten to fifteen percent off of your expensive high performance car insurance premium, so there is no excuse for avoiding taking advantage of this great premium reducing chance.
It’s no secret that high performance cars are more likely to get stolen than other cars, so these types of cars require extra safet measures than others. Not only will they help you get lower car insurance comprehensive rates over all, but most car insursance companies will give you a discount if you have more safety features on your car. So what kind of safety features do you need to get low high performance car insurance comprehensive coverage rates? An alarm. There are several types of alarms, though.
- Active vs. Passive
Alarms can be divided into two main groups, being active or pasive. A passive alarm is one that has to be activated by the driver every time they leave their car. This type of alarm is more dangerous, because it is very easy to forget to activate it, especially when you have just gotten it. The other type of alarm is an active alarm. This kind of alarm is constantly active, regardless of any involvement from the driver. The type of alarm that the car insurance companies will give you a discount for is the active alarm, because they do not trust you to be able to remember to turn the passive alarm on all the time, so your car would not be considered to be constantly protected with that type.
- Whistles, mechanical, and disablers.
Beyond that, there are three more subgroups of car alarms, and the first one is the most common that comes on most cars. It’s the alarm that just makes your lights flash and makes noise. Then there are the mechanical ones, which make it to where the thief would not be able to drive by doing things such as freezing the wheel up. Finally, there are the disabling ones. This will make it to where the thief cannot even start the car by disabling the ignition. Of all of these, the one that your high performance car insurance company will give you a discount for is the third.
Cheers,
Fashun Guadarrama.
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