Insurance providers need to carefully manage risk with pricing when it comes to auto insurance. To do that, these providers often consider what risks are associated with a vehicle. How much your vehicle is worth and the risk of it being stolen are two factors that come into play.

What Are the Most Stolen SUVs?

In Albany, New York and surrounding areas, you may be surprised at what the most stolen SUVs are. The Ford Escape ranks the highest as the most stolen SUV or crossover type of vehicle. Second on the list is the Chevy Tahoe. Others include the RAV4, Edge, and the Journey. The high-end Cadillac Escalade is also a bigger risk factor.

What Affects Pricing of SUV Insurance

However, there is more to consider than just if your vehicle is on this list. For example, if you have a good security system on-board, that will reduce the costs you pay significantly. If your vehicle is used, rather than new, it will cost less to insure. On the other hand, if you have the latest model with all of the features you can get into it, the vehicle costs more. As a result, higher price drives the cost of insurance higher.

Getting the Best Pricing

With all of this in mind, realize you still remain very much in control of how much you pay for car insurance. If you own an SUV in Schenectady or Saratoga Springs, turn to our independent agent for help saving money on the insurance you need. We will work with you to compare your options across all insurance agencies. That way, you always end up with the most affordable policy available for your vehicle.