Does bigger engine mean higher insurance?

Does bigger engine mean higher insurance?

Your vehicle’s engine size is one of the factors insurers use to work out the cost of your premium. Vehicles with lower engine capacities are cheaper to insure than high-powered vehicles.

What is the best engine size for a first car?

Richard advises keeping the engine size low, for example 1200cc or less, to keep the insurance and tax costs down. Age – brand new cars are often unaffordable for first time car buyers so if you’re buying a second hand car, make sure you check the mileage.

Does homeowners insurance cover damage to neighbor’s car?

“Typically, if your vehicle is damaged while it’s parked, this would be a comprehensive claim under your auto insurance. But your neighbor could very well be liable for the damage caused to your vehicle in this situation. The damage would fall under their liability coverage on their homeowners policy.