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Why do SUV Owners Pay More for Car Insurance

Buying car insurance for Sport utility vehicles (SUVs) use to be more expensive than the normal saloon cars. However, things have change over the years when the manufacturers improved the safety features and technology to improve it stability.  

In the past, people use to have the mentality that SUVs are more stable and safe due to it size and sturdiness, however, due to the higher center of gravity, it makes them more likely to roll over than other cars

Over the years, manufacturers went into further study and did the necessary improvement to correct it. All the new SUVs are now equipped with electronic stability control systems, which help drivers avoid crashes. Therefore, with this new improvement, SUVs risk have greatly reduce and is about the same as that of a saloon or even better.

What are the factors that affect the
Car Insurance for SUV drivers

  • Accident -  it can result in more serious accident and insurance company will have to pay more for the car damages and injuries due to third party. Pay out under personal injuries is a major concern as statistics have shown it is growing bigger over the years instead of reducing. 

  • Theft – it is always the target for car theft and claiming total loss will greatly escalate the insurance cost when you renew your car insurance.

  • High replacement cost – the genuine parts for the SUVs are usually quite high and due to the high demand you usually need to wait longer for the parts to be deliver to the authorized workshop.

 

 

 

 

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