Car insurance has become one of the most important and mandatory official documents every car owner must possess. It comes with a myriad of benefits. However, your car insurance premium cost depends upon various factors like car model, locality, accessories, etc.
One predominant inclusion is the driving type of your vehicle. You can also opt for Hyundai insurance for a low quotation. The majority of consumers are unaware of how the driving type affects your car insurance premium. Here are all the details about it.
How is car insurance premium affected by transmission type?
There is usually a difference in premium price between manual gear and automatic driving type cars. This is because of its operation, technicalities involved, susceptibility to damage and many more. You need to know how your car insurance rate will change if you choose between the automatic and manual categories given the variety of vehicles available. Let us understand the difference between manual and automatic cars before discussing how they affect car insurance premiums.
Manual transmission car
Manual transmissions require the driver to select the gears manually by operating a gear stick and clutch in order to move the car forward or backwards. Usually, there are four or five rear gears and one reverse gear in a manual car. Each gear operates within a specific ratio. The driver must exert extensive input in order to drive a manual car. It can be challenging for new drivers to handle a manual car since it requires shifting gears and working the clutch.
Moreover, it is a low-maintenance car with a fuel-efficient option. One of the biggest advantages of a manual car is its lower cost. This means that car insurance for a manual car is less expensive than for an automatic one. You can definitely opt for the best-selling insurance types like Bajaj Allianz, Hyundai insurance, etc. for affordable premiums.
Automatic transmission car
In contrast to manual transmissions, an automatic transmission is easy to learn and requires little driver input. The average driver usually learns to drive an automatic car in much less time. In addition, the car provides a smooth and pleasant driving experience. The ECU (Electronic Control Unit) guides the gearbox and the car has four gears. Thus, an automatic gearbox operates the gears on its own and requires no manual intervention.
The resale value of automatic cars is also higher than that of manual ones. Even though automatic cars cost a little more than manual cars, other factors can overshadow this factor. The car insurance premium for automatic cars is slightly higher than for manual cars due to the higher cost of repairing or replacing an automatic gearbox. Check out the best-selling Hyundai insurance plans for your automatic car today!
Manual car insurance and automatic car insurance
In the past, having an automobile was considered a sign of luxury. Four-wheelers were once viewed as a luxury of the rich. However, they have gained prominence recently. In metropolitan areas, almost everyone owns a car, whether it is a hatchback or an SUV. Cars have also become our primary source of commute in the evolving dynamic lifestyle scenario. If you own a car, you should get car insurance coverage. If your car gets damaged or you are sued by a third party, auto insurance coverage can be very beneficial.
Many consumers these days are undecided about whether to buy an automatic or manual car when buying a vehicle. It seems that the argument over manual and automated vehicles is never-ending. Since driving an automated vehicle is easier, many people prefer it. Keep in mind that your auto insurance rate may change if you decide to buy one.
In motor insurance, manual cars are covered by motor insurance policies specifically designed for manual cars. Manual car insurance such as Hyundai Insurance is available only to vehicles that have a manual transmission system.
The automatic vehicle insurance policy, on the other hand, provides coverage to vehicles with automatic transmissions. Make your research well online, then opt for the best insurance provider who fulfils all your primary insurance requirements.
Impact of the transmission system on the premium of manual and automatic car insurance
It is important to note that car insurance prices are influenced by a number of factors, such as the engine’s capacity, location, car’s age, model, variants, coverage options, add-on coverages, and deductibles. Manual and automatic cars differ only in their gearbox, and repairing or replacing an automatic gearbox is more expensive than repairing a manual gearbox. As a result, automatic cars pose a larger liability for insurance companies than manual cars.
The cost of insuring an automatic car is higher than that of insuring a manual car. However, the difference is not very significant. If cost-effective premiums are on your list, you can take a peek through the Hyundai insurance plans before making your car insurance purchase.
