Real estate agents have this famous mantra: "location, location, location." And if it weren't so awkward, car insurance agents might adopt "make and model, make and …" (you get the drift) as theirs.
When it comes to buying car insurance, make and model matter more than calendar year. It makes a big difference whether you drive a sleek and super-fast sports car or a midsized family sedan. Each model attracts a particular type of driver.
Insurance rates reflect the person behind the wheel. For instance, John, who drives an older Porsche at super speeds, could pay more on car insurance than Jim, who drives a hot-off-the-assembly-line Toyota Sienna. And if John made significant performance- and/or appearance-enhancing modifications to his Porsche, his rate can climb even higher.
