Preferred Financial Group

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Comparisons

"How Do Premiums Vary For A Range Of 2014 Autos, From Compact Through Luxury Vehicles?"

 

It’s no surprise that the “fancier” your car the “pricier” your insurance. However, note that the increase in premium relates to Comprehensive and Collision coverage.  The other coverages remain essentially unchanged:

Conclusion:

A decision to purchase a compact rather than a luxury vehicle could save you thousands of dollars in price, and could also reduce your insurance coverage costs by as much as 50%.