May 19, 2015

What a Convertible Will Mean For Your Auto Insurance

Young Couple Driving Along Country Road In Open Top Car

Convertibles and Auto Insurance

Driving down the road with the top of your convertible down is a great way to enjoy the warm spring and summer temperatures. Before you head out to your local car dealership to buy a new convertible, it is important to keep in mind what a convertible will mean for your auto insurance policy.

When convertibles first hit the market, they were considered one of the riskiest vehicles on the road since they do not have a protective roof top. The increased risk of danger to the driver and passenger of the vehicle caused the auto insurance rates for convertibles to increase. With newer convertibles, this is not as much of an issue, since automakers have started adding reinforcements, including pop-up pillars and airbags.

Even though convertibles are much safer nowadays, they are still one of the most stolen vehicles out there. When the top is down, the entire interior of the vehicle is accessible to thieves, which means that they can walk away with various accessories, and possibly the entire vehicle. The high risk of theft can also cause the insurance rates for convertibles to increase.

Many young people opt for convertibles when looking for their first car. No matter what type of vehicle a teen driver has, they will have to pay higher auto insurance premiums. However, getting behind the wheel of a convertible can lead to even higher insurance payments, since they are more likely to have risky driving behaviors.

When looking for the right auto insurance policy, not matter what type of vehicle you are driving, contact the insurance professionals at Brewer-Lloyd Insurance Group in Mesa, Arizona. As an independent insurance company, we will work with you to ensure that you have the right amount of coverage, all at the right price to fit your budget.