Is Car Insurance More Expensive For A Car With A Standard Transmission?

By Sharon Gibson Posted in Car Insurance News



There are many factors that are looked at when car insurance underwriters decide whether or not you are eligible to insure a vehicle. The premium is also dependent upon various factors. If you are searching for car insurance for the first time or if you are looking for another company there are issues that you will want to consider when making your determination.

Transmission Insurance Pricing Technique

There have been rumors in the past that point some to believe that the type of transmission your car has will make insurance premiums higher. It is somewhat common knowledge that a standard transmission (stick shift) will cost more in monthly insurance premiums than an automatic. This is simply not true.

In reality, a standard transmission may cost you less in insurance premiums because you have to pay closer attention to your driving than you do in an automatic transmission. In addition, vehicles with standard transmission are traditionally less expensive to replace in the event of an accident that results in the totaling of the vehicle.

What Makes The Rate Higher

The real factors that are used to determine rates include but are not limited to:

* Age of vehicle
* Make/Model of vehicle
* Mileage amount
* Your record
* Your age
* Area in which you live
* Vehicle value

This is only a partial list but they are the most important factors. Standard transmissions are typically cheaper vehicles to purchase as well as to insure. They are easier to handle in inclement weather and often times out-perform their automatic transmission counterparts. The best way to get an insurance rate that you can live with is to shop around to see what is available. Insurance companies will often run specials on rates or incentives to allure customers to switch to their company.

Related posts:

  1. What’s The Difference Between Nonstandard And Standard Car Insurance?
  2. What Factors Affect My Car Insurance Policy Or Premium Rate?
  3. How Do Car Insurance Companies Determine Insurance Rates?
  4. How Do Car Insurance Bands Work Or What Are They?
  5. How Do Multi Car Discounts Work?






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