ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

New car Motor Insurance

Updated on January 19, 2017

Car Insurance for Brand New Cars

Buying a brand new car can be exciting but you should also consider the cost of your car insurance. New cars have a high financial value and the cost of insurance definitely reflects in that but it is not only the cost of the car that is taken into account when an insurance company or insurance saleman works out a quote for you. The make and model of the vehicle play a significant role in the cost of insurance as does engine size. A high end, luxury model vehicle will near always have a high insurance cost.

The reason is that these vehicles have a track record for being stolen or damaged. In such cases, the car owner would file a claim and the insurance company would have to pay off the client. There are various factors which determine the price of an insurance policy such as age, gender, driving record and vehicle driven. In this article, we will only be looking at the ones that affect brand new vehicles. By brand new vehicles, we are talking about vehicles that have been bought from the manufacturing dealer, not a regular dealer.


One of the factors that determine the cost of insurance is the vehicle’s driving history. If the vehicle has been through an accident, the cost of insurance will be high. The insurance company will believe that this vehicle has the likelihood to go through another accident.

A car that has put on several thousand kilometers will have slightly higher insurance as well. A brand new car will not even have a hundred kilometers on its odometer, which results in no vehicle history. If we were to check for a history report on the vehicle, it would be clean of anything. If a car has driven a lot more than the usual, it is considered more risky to insure.


New vehicles are expensive and in case of a major accident, the insurance company should be able to pay the insurer. As a result, the insurance cost will be high on expensive vehicles and it is only to reflect the price. If you would like to further lower the amount you are going to pay, you should make your vehicle more secure and safe.

By installing a quality security system in your car, you are protecting your vehicle from any potential robberies. You should mention to your insurance agent that you have installed a security device, in order to take advantage of a discount. The discount amount would be based on a specific percentage, but it still counts. The only disadvantage about this is that your security system would cost you quite a bit of money.

Some models and makes are little cheaper to ensure when compared to others. In Canada, the Nissan make is the cheapest to ensure. Various regions have different prices and regulations. You should speak to your dealership and insurance broker before you make a final decision.

FINAL TIP: Use an online site to start your research. Internet sites allow you to put in your information, pick a plan and compare it with several well known companies in the market. Once you find a company, you should call them and book for an appointment to discuss your situation.

Have you ever had to make a motor insurance claim?

See results


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)