There are many myths about what makes a vehicle cheap or expensive to insure. Below are the three most common myths about finding a cheap vehicle to insure. MYTH 1: The smaller the vehicle, the more cost effective to insure – totally untrue. In order to understand this one, you have to spin it around and look at it from the insurance carriers mindset – if a small vehicle is in an accident, it will most likely suffer greater damage than a larger vehicle. Chances are, the amount paid out on a claim would be greater thus making small compact … Continue reading
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