Cheap SR22 Insurance For a New Car
Reader question:
I have to file an SR22 form, but I need a new car. How do I get cheap SR22 insurance for a new car?
Miguel
Excellent question, Miguel.
Cheap SR22 insurance is hard to come by, and even more so when you have to purchase extra types of coverage such as comprehensive and collision coverage, which you likely will be required to have if you purchase a new car. While liability rates are also high even under cheap SR22 insurance plans, comprehensive and collision are much higher because the risk is so great.
If you want to get cheap SR22 insurance, then you need to take that savings mentality to the car lot with you. The kind of car that you buy will, in the end, determine what rates you pay on your cheap SR22 insurance policy. Buy a car that your cheap SR22 insurance company considers high risk, and you’ll see a raise; buy one that is considered low risk, and you’ll either see a decline in your cheap SR22 insurance rate or it will remain the same.
One of the main types of coverages you want to keep down is comprehensive coverage rates. In order to do this, you should check cheap SR22 insurance quotes, but also verify that the car you want is not on the most stolen list.
- 1995 Honda Civic
- 1989 Toyota Camry
- 1991 Honda Accord
- 1994 Dodge Caravan
- 1994 Chevrolet Full Size C/K 1500 Pickup
- 1997 Ford F150 Series
- 2003 Dodge Ram Pickup
- 1990 Acura Integra
- 1988 Toyota Pickup
- 1991 Nissan Sentra
This is the nationwide list from the National Insurance Crime Bureau, so it won’t necessarily be the same with your cheap SR22 insurance company. Each company has its own statistics of the cars which have the most comprehensive claims within the company, but this list is a good thing to go by.
Even if you want a car on this list, you can still get cheap SR22 insurance rates if you take extra steps to protect it. You can do this by getting an active disabling anti theft device. Most cheap SR22 insurance companies will give you a discount for doing this, and you’ll keep your new car protected at the same time.
Cheers,
Fashun Guadarrama.