Find Out the Average Cost to Own and Operate a Sedan

If you’re thinking about purchasing a new or used Sedan, you should know that the cost of owning and operating these vehicles is rising each year. A recent study reported that last year, in 2010, the average cost of owning and driving a Sedan rose a dramatic 4.8%, bringing the total costs up to approximately $8,500 per year. A big part of the reason for this increased cost was the increase in automobile insurance for a Sedan, which rose a startling 5.7%, and this was just for a very basic collision and comprehensive insurance package. The average Sedan owner pays a little over $1,000 for coverage each year, while owners of other automobiles pay a lot less, usually somewhere around $800 or less per year.

Where you live can also play a big role in how much you end up paying to insure your Sedan or any automobile. The most expensive states in which to insure a vehicle include D.C., Louisiana, New Jersey, Florida, New York, Delaware, Rhode Island, Nevada, Connecticut, and Maryland. Conversely, the least expensive states in which to insure an automobile are North Dakota, Iowa, South Dakota, Nebraska, Idaho, Kansas, Wisconsin, North Carolina, Maine, and Indiana. No matter where you live, however, there are things that you can do to reduce the high insurance costs of owning and legally operating a Sedan.

The first and most important is to find a good, reliable, and fairly priced insurance provider. This might seem simple, but far too many people don’t give this important decision the time and attention that it rightfully deserves. We suggest starting out by contacting the department of insurance or its equivalent in your area to obtain a free list of all licensed automobile insurance providers. From there, you can research each provider by visiting their websites, reading about the various histories of the companies, and, most importantly, reading online reviews written by past or current clients. Also be sure and note if any companies offer special packages for Sedan owners. As you search, you can narrow down your list significantly to cross out undesirable providers and to help you to feel less overwhelmed.

From your newly small list, you can then request free rate quotes from each provider of interest. These rate quotes may be obtained online, in person, or over the phone  -whatever is the most convenient for you. It is important to note, however, that any provider that tries to charge for a rate quote should be immediately disregarded. Offering free rate quotes is standard business practice, and a company that tries to charge for this procedure is a company that only has money on the brain, not the client’s best interest. Once you have all of your rate quotes spread out in front of you, you can compare them closely, both for coverage and cost, to find the one that is providing you with the best deal. Also consider special discounts and packages and company accessibility in your decision as well.

Once you’ve found the right provider, there are still a few other things you can do to lower your insurance costs. First of all, find out what discounts are offered by your insurance company and see which ones you qualify for. Sometimes, the simplest things like being a good driver – meaning not having had an accident or speeding violation within a set time period, getting good grades (for minors), having more than one insured vehicle, having low mileage – very easy to do with new cars, adding anti-theft features, adding extra safety features, driving a hybrid model Sedan, and many other factors can qualify you for huge discounts. Be aware, however, that even the best insurance companies won’t likely come out and just offer these discounts to you. Most of the time, you’ll have to be the one to bring it up and to demand getting the discount you deserve.

Remember, that if you don’t qualify for a particular discount offered by your insurance provider, you may still be able to make yourself qualify. Often times, taking a driver’s education course, for example, can enable a driver to gain a “good driver” discount even if accidents or speeding violations have occurred. Just be proactive about getting and finding the money saving discounts you desire.

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