Reader question:

If I have a high performance car, what kind of discounts can I get on auto insurance?

Mel

Good question.

There are several discounts that you can get when you are taking out a policy for high performance vehicle insurance. Some of them are specific to high performance cars, and other just suit the rather well. It costs enough already to pay for insurance costs on a high performance care, so anyone who wants to cut rates should check and see if they qualify for any of these car insurance discounts.

One of them is security. If you’re going to be modifying your car by adding things like rims and revved up engines, then why not go the extra mile and add something to keep your car a little safer? Cars like high performance vehicles are especially high risk when it comes to theft, because they tend to both look good and contain lots of expensive equipment that can be sold. You should make sure that your car has an active security system that immobilizes so that you can get a discount from your car insurance company. You might want to add some bells and whistles to protect your radio, too.

Then there are clubs and organizations. Many car insurance companies will give you a discount for being a member of a club based on the kind of car you had. This is good for you, too, as being a member of a club for your car brings lots of benefits, including tips for care and discounts on repairs and much more. Being part of one of these organizations helps you understand the insurance market more, and they reward you for it.

Cheers,

Fashun Guadarrama.