Everybody knows about the deals that come along on Black Friday. It’s a great time to get your shopping done for others—and yourself—while saving money. But the end of the year is also a prime time to save on larger purchases, like a new car. Many drivers take advantage of these deals by upgrading to a nicer car—and a nicer insurance policy. Here’s what you need to know about auto insurance for luxury cars.
First, think about the cost. Since luxury cars cost more, they’ll cost more to repair or replace in the event of an accident or theft. That means your insurance will probably be more expensive than a policy for a non-luxury vehicle.
Next, think about the drivers. If you have teen drivers on the policies for your other automobiles, you may want to leave them off the one for your luxury car. Young, inexperienced drivers can really make your auto insurance rates go up.
Finally, think about your driving habits. If your new luxury car is more for weekend driving rather than your daily commute, let your insurance agent know. This can reduce your premiums.
If you’re thinking about buying a luxury vehicle, call the team at Gill Insurance in Rock Hill, SC and Gill-Holler Insurance in Fort Mill, SC. We offer auto insurance for all types of vehicles. As a Trusted Choice agency, we’ll get you the best rates, too. Count on us to protect your new car, truck, or SUV.