Insurance Reports

[scientist]

Most expensive models to insure

1 Mitsubishi Lancer Evolution

2 Mercedes CL-Class

3 Dodge SRT-4

4 Subaru Impreza WRX

5 Jaguar XK (convertible)

6 Lexus IS 300

7 Honda S2000

8 Acura RSX

9 Nissan 350Z

10 Jaguar XJ


Top 10 Least expensive to insure
1 Volvo XC90

2 Chevrolet Malibu Maxx

3 GMC Safari

4 Buick LeSabre

5 Nissan Pathfinder Armada (2004 only)

6 Pontiac Montana (standard model)

7 Mazda MPV

8 Ford Thunderbird

9 Pontiac Montana (extended model)

10 Ford Taurus (station wagon)

[hilliuse]

wow....interesting results

[Evo-Man]

what where the results based on, the car or the drivers in the cars.

Or better yet EVO's are just way to fast for the average driver.

[Starboy_X]

Yes evo-man we know a stock Evo is too fast for both you and big juice

[scientist]

Why some cost more
Collision-damage costs are one of the main factors in differentiating the cost of insuring one type of car over another, says Rader. To a lesser extent, you also want to look at how attractive the car is to thieves.

Vehicles that top the insurance-cost list tend to be either high horsepower, high dollar or expensive to repair, Rader says. An expensive choice: "Sporty cars that are favored by young drivers who are risky drivers, so they are crashing a lot."

Higher horsepower means the driver is more likely to be going faster and getting into more accidents. That will send insurance rates up for everyone who owns a similar car.


Many of the vehicles that are expensive to insure "share a common problem, and that is horsepower," says Kim Hazelbaker, a senior vice president with the Highway Loss Data Institute, an affiliate of the Insurance Institute for Highway Safety.

Size matters
Some think that a smaller, more maneuverable car is able to outrun trouble and avoid crashes. It's a myth, Rader says.

"When you look at the statistics and insurance claims, small sports cars tend to be in more crashes," he says. Adding to the problem: "They tend to be engaged in faster driving."

From a statistical standpoint, the safest models tend to be the full-sized family sedan-type cars, he says.

A few other special circumstances can also send rates through the roof. If a car is a popular target for thieves, your insurance company might charge you higher rates.

If you're driving a high-priced car, it will likely cost more to fix after a collision. As a result, your insurance bill will go up when you add it to the policy, Rader says. Likewise, some luxury or high-end cars feature aluminum body panels that are more expensive to fix or replace than sheet metal, he says.

One other factor to consider: How much damage is your vehicle likely to inflict in a crash?

As sport utility vehicles have become more popular, insurance companies have had to study and factor that issue into premiums, Salvatore says. As a result, if you drive an SUV, your liability premium (which covers damage to other vehicles), could be higher because of the increased damage a vehicle of that size can cause in an accident, she says.

By Dana Dratch. She is a freelance writer based in Atlanta.

[Preppy]

would an integra be expensive to insure? a lot of voleh does voleh dem

[scientist]

Not in dominica....Nissan sunny's are on the most stolen list here

[Preppy]

you telling me they stealing rides here on this small isle? they must recover all 100% of them since da isle so small

[scientist]

Well not to long ago they stole Kairi FM toyota camry

[b20swap]

dem man in DA doen't joke man?