Check Car Insurance Costs Before Purchasing a Drop Top
- Convertibles Cost More to Purchase, More to Insure
Car insurance rates can vary greatly from vehicle to vehicle. In general, the more your car is worth, the more it will cost to insure. Convertible cars cost more to purchase than a similar model with a fixed top and not just because they’re so fun drive. It’s because they have added safety features and additional moving parts that operate the top. Therefore, convertibles can also cost more to insure.
- Higher Horsepower, Higher Insurance Costs
If your convertible just so happens to be a sports car with a V6 or V8 engine, too, you should expect to possibly pay more for car insurance. Cars with a higher top speed are at greater risk of a high-speed collision.
- Soft Top Convertibles Are Prone to Theft and Vandalism
Slicing open your convertible top may be an act of vandalism, a way for thieves to steal items from inside your car or a way to make off with the car itself. Because of these soft-top risks, convertibles may cost more to insure.
- Hardtop Convertibles Have Added Weight
The weight of your vehicle can factor into your car insurance premiums. A retractable hardtop adds considerable weight, and possibly insurance costs, to your vehicle.