Along with auto insurance costs, consumers may have to pay for other car-related expenses, including getting repairs.
Consumer Reports released its 2010 Annual Auto Survey, which rates vehicles based on their reliability. While Asian companies like Toyota and Honda continue to perform well, American brands are starting to do so as well.
For example, 69 percent of models from General Motors had at least an average reliability rating.
“Chevrolet had its best showing in years; 83 percent of models had average or better scores in predicted reliability, up from 50 percent,” says Consumer Reports.
Ford is also finding improvement by making tweaks to some of its older models. Meanwhile its Fusion, which was introduced five years ago, is also helping the company better its performance.
By having a more reliable vehicle, consumers may find they have to spend less on auto repairs. Other ways to save money may also come through savvy auto insurance shopping, which would include comparing prices among carriers.
Some auto insurance providers may offer discounts for having a safer car, although newer models may require more expensive coverage.
