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Is it least expensive to insure a older car?

Updated: 8/17/2019
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14y ago

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Only because you can get away with liability only on an older vehicle, which reduces your cost. You need full coverage on a newer vehicle. Rates are based off alot of different factors. Not only the type of car, but what city your in (crime, stolen vehicles). Sports vehicles can be higher. Even if you insure a vehicle that is reported stolen alot could make even an older car alittle more to insure. If you have a bad driving record or a teen driver could also cause an increase.

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14y ago
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