Tuesday, August 14, 2007

Insurance Repair Costs




When your car gets crunched in an accident, you're grateful you have insurance. But what about when it comes time to get your car repaired? Some makes and models cost far more to repair than others, and those costs are reflected in your insurance rates. Insurers say collision repair costs among various vehicles can account for a difference of as much as ten percent of the insurance premium drivers pay. The federal government feels this issue is so important that it requires auto dealers to provide consumers with information that compares the differences in collision repair insurance costs among all the makes and models. And car makers are taking notice. Ford Motor Company now routinely consults insurance companies for suggestions so Ford can design and build cars, trucks and SUVs that are less expensive to repair, thus keeping insurance costs in check. Ford has many vehicles on the road right now that reflect that approach. In fact, Ford has the least expensive vehicle to repair in ten different vehicle segments measured by an insurance industry group (Highway Loss Data Institute.) Crunching your car doesn't have to mean crunching your wallet.
Produced for Ford Motor Company

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