Which Cars Have The Lowest Insurance Cost
June 2, 2009 by
Filed under Car Insurance Companies, Car Insurance Facts
Most people are looking to save money wherever they can an saving money on car insurance is usually high on everyone’s list, Raising you car insurance deductible as you may know lowers your premium, how much does the kind of car you drive matter with an affordable car insurance rate? The list of cars with the lowest insurance cost may surprise you.
Small economy cars while stingy on gas consumption will disappoint you with insurance premiums. Every year, the Highway Loss Data Institute, analyze the actual insurance losses associated with the most popular vehicle makes and models. Since car insurance companies use comparable kinds of facts to set premiums, the rankings give consumers a look into how their vehicle choices affect their car insurance premiums.
Just like always, the statistics suggest that small cars and speed are an expensive combination for insurers — especially with young drivers behind the wheel.
A rule of thumb is, if the car is fast it will be expensive to insure. If the car is small it will be expensive to insure. If the car is small and fast it may prove to be cost prohibitive to insure, especially if you are less than 25 years old, a young driver in the insurance business
10 Most-Expensive Cars to Insure
These vehicles account for the highest dollar amount of losses for car insurance companies
1. Cadillac Escalade EXT 4WD
2. Subaru Impreza WRX 4WD
3. Hyundai Tiburon
4. Mitsubishi Lancer
5. Scion tC
6. Acura RSX
7. Nissan Sentra SE-R
8. Suzuki Forenza
9. Nissan Sentra/Mitsubishi Eclipse
10. Chevrolet Cobalt two-door
Source: Insurance Institute for Highway Safety
10 Least-Expensive Cars to Insure
These vehicles account for the lowest dollar amount of losses for car insurance companies
1. Ford Five Hundred 4WD (now the Ford Taurus)
2. Buick Rendezvous 4WD
3. Buick Lucerne/Buick Rainier 4WD/Honda Odyssey
4. Ford Freestyle 4WD/Subaru Outback 4WD
5. Buick Rendezvous/Honda Pilot
6. Chrysler Town & Country LWB
7. Honda Pilot 4WD
8. Buick LaCrosse/Chevrolet Uplander/Ford Escape/Volvo V70
9. Dodge Grand Caravan/Ford Freestyle 4WD
10. Ford Explorer 4WD/GMC Sierra 1500 4WD/Toyota Highlander/Toyota Sienna
Source: Insurance Institute for Highway Safety
Keeping you car insurance premiums down can be as easy as narrowing your choices for a new car down to 3 or 4 models and calling your car insurance agent and comparing rates. You will be surprised what you learn. The list of cars with the lowest insurance cost may surprise you.