If you’re already dealing with the cost of financing a car with bad credit, the last thing you want to deal with is an expensive auto insurance policy. Depending on the state you live in, your credit can affect your car insurance premiums, but so can the vehicle you drive.
Keeping Your Car Insurance Costs Low
So many things can influence car insurance rates – from where you live and your occupation, to your age and whether you’re single or have a family. One of the biggest factors affecting auto insurance pricing, however, is what you drive.
Some cars are more expensive to insure because they’re involved in more accidents, or because they’re more costly to repair. Others have high premiums due to the amount of technology they contain or because they’re popular with thieves. Whatever the reason, you want to make sure that you get a vehicle that doesn’t cost an arm and a leg to insure, especially if you’re already dealing with a bad credit car loan.
The Top Ten Cheapest Cars to Insure in 2018
According to ValuePenguin, the cheapest cars to insure this year are:
- Toyota Tundra
- Mazda CX-5
- Volkswagen Golf
- Kia Optima (pictured)
- Kia Sorento
- Kia Soul
- Kia Sportage
- Jeep Compass
- Volkswagen Jetta
- Jeep Patriot
The list above is based on national average insurance costs from various companies, across cities in five US states: Georgia, Florida, Washington, New York, and Oregon.
The Bottom Line
Besides the kind of car you drive, the biggest factor influencing your auto insurance rates is you – though driving a reliable vehicle sure doesn’t hurt. But, if you’re accident prone, or have multiple moving violations under your belt that show insurance companies you might be a risky driver, your rates may not be as low as they could be.
If you’re in need of a vehicle that gets you a better insurance rate and a car loan that can help you improve your credit, look no further than Auto Credit Express. We can help get you to the right dealer for your situation. We work with a coast-to-coast network of special finance dealers that have the lending resources to help people with credit challenges.
Don’t hesitate any longer, simply fill out our easy, no-obligation auto loan request form, and we’ll get to work matching you with a local dealer today!