Canadians love their vehicles and why not? With a country as large as Canada there are thousands of kilometres worth of open road to explore. But have you considered how your choice of vehicle will impact your insurance rate?
Online quotes from different auto insurance companies at Kanetix show how your choice of vehicle effects your premium.* The quotes, for some of Canada's most popular autos within their classes - SUVs, pick ups, mini vans, passenger cars and sport cars - suggests that in some cases you could be paying a difference of over 20% in insurance premiums.
|Pick up||Ford F-series||$1137||$1586||$873||$944|
|Mini van||Dodge Caravan||$1040||$1543||$742||$873|
|Passenger car||Honda Civic||$1069||$1696||$806||$906|
|Sports car||Ford Mustang||$1199||$1892||$944||$1023|
In this case, the mini van had the lowest car insurance cost compared to the other vehicles. When you are looking to buy a new vehicle knowing how they compare to other autos could help in making your vehicle purchasing decision. Shop around for insurance quotes at Kanetix to make sure you are making the right choice.
* Quotes were completed for a single 35-year old with a clean driving record in January 2006. Vehicles were from the 2005 model year.