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The Most & Least Expensive Cars to Insure

Crash and Pay

The real cost of a car isn’t just what you pay on the lot.

If you’re looking to buy a new car, you should do your due diligence and learn what your potential purchases will cost to insure. While personal profiles and driving records will help shape your individual policy quotes, “what determines the insurance rate is the claims history of the vehicle,” says Amy Danise, senior managing editor of Insure.com.

That means convertibles, which Danise says “were made to crash” thanks to their high-powered engines, are well represented among the most expensive, while family cars like station wagons or sedans with low horsepower make up a bulk of the cheapest cars to insure since very few drivers are taking them to drag races.

There’s also a correlation between cars that cost a lot to buy and cars that cost a lot to insure, since repairs on expensive vehicles also carry a higher price tag, even if they don’t break down often.

Which 2012 models specifically present the best (and worst) insurance deals? Read on to find out.

 

Photo Credit: Nissan.com

Methodology

Insure.com commissioned Quadrant Information Services, which monitors insurance rates, to calculate the average annual premium for a single 40-year-old male driver who commutes 12 miles to work each day. This theoretical driver has a clean driving record and good credit. All policies considered had limits of $100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage sustained in an accident. They also all had a $500 deductible on collision and comprehensive coverage.

Quadrant used car insurance rates from six large carriers (State Farm, Allstate, Progressive, GEICO, Farmers and Nationwide) in 10 ZIP codes per state. Note also that a person’s rate will vary depending on their actual driving record.

Photo Credit: Ford

10th Least Expensive: Chevrolet Silverado 1500 Extended Cab

Average National Annual Premium: $1,143

Photo Credit: GM

9th Least Expensive: Toyota Sienna 6-Cylinder

Average National Annual Premium: $1,139

Photo Credit: Toyota

8th Least Expensive: Ford Escape XLS

Average National Annual Premium:  $1,137

Photo Credit: Ford

7th Least Expensive: Dodge Grand Caravan SXT

Average National Annual Premium: $1,129

Photo Credit: media.chrysler.com

6th Least Expensive: Chevrolet Silverado 1500 Regular Cab

Average National Annual Premium: $1,125

Photo Credit: GM

5th Least Expensive: GMC Sierra K1500 Regular Cab

Average National Annual Premium: $1,121

Photo Credit:  GM

4th Least Expensive: Jeep Compass Sport

Average National Annual Premium: $1,118

Photo Credit: media.chrysler.com

3rd Least Expensive: Jeep Patriot Sport

Average National Annual Premium: $1,116

Photo Credit: media.chrysler.com

2nd Least Expensive: Toyota Sienna 4-Cylinder

Average National Annual Premium: $1,114

Photo Credit: Toyota

The Least Expensive Car to Insure: Toyota Sienna LE

Average National Annual Premium: $1,111

A perennial mainstay, the Sienna LE finally wrested the top spot from last year’s winner, the Chrysler Town and Country.

Photo Credit: Toyota

10th Most Expensive:  BMW 750Li Hybrid

Average National Annual Premium: $2,641

Photo Credit: www.press.bmwgroup.com

9th Most Expensive: Mercedes CL65 AMG Coupe

Average National Annual Premium: $2,669

Photo Credit: Mercedes

7th Most Expensive (tie): Porsche 911 Turbo S Convertible

Average National Annual Premium: $2,674

Photo Credit: press.porsche.com

7th Most Expensive (tie):  Porsche 911 Turbo Convertible

Average National Annual Premium: $2,674

Photo Credit: press.porsche.com

6th Most Expensive:  BMW 750i Hybrid

Average National Annual Premium: $2,701

Photo Credit: www.press.bmwgroup.com

5th Most Expensive: Porsche Panamera Turbo

Average National Annual Premium: $2,764

Photo Credit: press.porsche.com

4th Most Expensive:  Audi R8 4.2 Quatrro Coupe

Average National Annual Premium: $2,903

Photo Credit: : AudiUSAnews.com

3rd Most Expensive: Mercedes S600

Average National Annual Premium: $2,948

Photo Credit: Mercedes Benz

2nd Most Expensive: Mercedes CL600 Coupe

Average National Annual Premium: $3,307

Photo Credit: Mercedes Benz

The Most Expensive Car to Insure: Audi R8 Spyder Quattro Convertible

Average National Annual Premium: $3,384

According to Danise, the Audi’s appearance at the top spot was the biggest surprise this year, as it didn’t appear on the in the top 10 at all last year.

“It means [Audis] are now incurring expensive claims,” she says.

Photo Credit: AudiUSAnews.com

The Most Reliable Cars

The cost of repairs is a big factor in how much a car is going to cost to insure. Find out what vehicles are among the most reliable in our roundup of the Healthiest Cars of 2011.

Photo Credit: jerebu

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