When you trade in your older car for a newer car, you might worry that you auto insurance rates will skyrocket. While this can occur in some cases, there are also times when auto insurance rates are actually lower on newer vehicles than they are on older ones. There are several reasons this can happen, and one of the reasons is due to the safety features found in newer cars. If your new car has any of these safety features, you might qualify for discounts on your auto insurance policy.
An anti-lock brake system (ABS) is something found in most new cars today. An ABS system is designed to help you stop your vehicle faster and safer, and it can help a lot on wet or icy roads. This type of braking system can greatly reduce your risks of getting in an accident, and this is why insurance companies offer discounts for cars that are equipped with these.
Tire pressure monitoring system
A tire pressure monitoring system is another safety feature your new car might have that could qualify you for a discount on your auto insurance. Your tires play a huge role in the performance and safety of your vehicle, and they are almost as important as the brakes your car has. When tires are correctly inflated, they will handle better and the traction will be improved.
A tire pressure monitoring system will alert you when your tires are not inflated properly. When you see the alert come in, it will signal you to check the tire pressure and add or remove air as needed. It will also let you know if your tire has suffered damage, like a puncture from road debris, so you can pull off the road safely.
A third safety feature you will find in newer cars is a backup camera. A backup camera is extremely helpful for times when you are backing out of a driveway or parking space. It can help you see things you normally would not see. If your car does not have one of these, it may have other types of safety sensors on it that are all designed to help you avoid running into things.
When you call for insurance on your new car, make sure you tell the agent about all the safety features your car has. These features could help you save a lot of money on your auto insurance. To get a quote or learn more about auto insurance, contact an agent.