If you are in the market for car insurance, there are some things you should keep in mind.

Car insurance premiums are determined by many different factors, such as your age, driving record, where you live, and the vehicle’s make, model and year.

New cars are often more expensive to insure because they can be more expensive to repair or replace in the event of a claim, not because they are more likely to be stolen as is commonly believed.

Car insurance is meant to protect the driver, passengers, and the vehicle itself. It does not cover items that may be stolen from inside the vehicle. However, such things may be covered by your home or tenant insurance.

If you lend your car to someone else and they have an accident, it will likely be your vehicle’s insurance that will have to cover the damage. Therefore, your insurance record will be affected even though you were not the one driving.

To protect yourself in the best way possible from any loss, be sure to contact your insurance broker who will review the details of your personal situation and advise you accordingly.