A convertible is a fun choice for driving around when the weather is warm in the summer. However, before you head out to buy one, you may need to consider insurance coverage for convertibles. Finding affordable car insurance in Dallas, TX, when you are covering a convertible is more difficult than it typically is with other types of vehicles.
A More Expensive Vehicle
One of the driving factors behind the cost of insurance for your convertible is the cost of the vehicle itself. Convertibles often come with a large price tag, which means they will be more expensive to repair should you be involved in an accident. This will drive your premiums up. In addition, convertibles are more likely to be damaged, partially due to the fact the interior is exposed to the elements more often. This increases the likelihood you will need to make a claim in the future, which often leads insurance companies to quote higher premiums.
The Chances of Theft
Another major element that can make finding affordable car insurance in Dallas, TX, more complicated for convertible owners is the increase in theft risk they present. Because a convertible may be left with the top down, the chances of someone stealing the car is greater due to the inability to fully secure the vehicle. As a result, convertibles are often found at or near the top of the list of frequently stolen cars.
A Seasonal Car
Depending on where you live, the amount of time you can drive your convertible may be limited. In Texas, convertibles can typically be driven during a greater number of months than in northern states, but there are still periods of time when the weather is not suitable for convertible driving. However, you will still need insurance coverage for convertibles throughout the year. This coverage will help protect you in the event your car is stolen or damaged while in storage, whether you keep it in your own garage or you store it in an offsite garage or other storage facility. Buying a convertible is a dream come true for many people, but before you buy, it’s important to understand a few facts regarding insurance coverage for convertibles. These vehicles are an expensive investment, which typically equals higher insurance costs due to the cost of replacement or repairs. However, this isn’t the only reason you may be seeing higher premiums when you purchase a convertible. Knowing the facts before you buy will ensure you are fully prepared when your first insurance bill arrives. If you’re looking for affordable car insurance in Dallas, TX, to cover your convertible, contact us. Steven Graves Insurance Agency takes pride in helping our customers find the lowest possible prices on the coverage they need.