NHTSA Ratings and Car Insurance Premiums

The 2010 Toyota Tundra recently received a five-star safety rating on the frontal crash test from the National Highway Traffic Safety Administration (NHTSA), leaving many to ponder how this type of rating might affect auto insurance premiums. With just about anything increasing coverage costs nowadays, it’s no wonder that some are concerned about a high rating causing an increase.

Insurers have insisted that high ratings from NHTSA do not have a direct effect on auto insurance rates. However, they do admit that safety features and historical data of individual automobiles can have an effect on rates – and that this information can be determined by looking at the car’s safety rating from NHTSA. The good news is that if a vehicle has a high rating like the Toyota Tundra, the only affect will be positive since insurers lower premiums based on quality and safety features.

However, safety features are not all that impact your car insurance premium. Factors like your accident record, age, gender, location, credit score, occupation and annual mileage can make a huge difference in what you’re charged every month. Also, the make and model of the car both matter. For example, if your vehicle is new, expensive, specialty, sports, or SUV, you can expect to pay a bit more.

If you’ve been thinking about purchasing a car with a high NHTSA rating, it’s good to know there are only benefits associated with doing so. Not only can you save money on your car insurance premium, you can also increase your chances of safe driving with every excursion.