Top 10: Most Expensive and Least Expensive Cars to Insure

2015-Jeep-Wrangler

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Did you know the cheapest 2015 automobiles to insure include three jeeps and a smart car? Who would have thought! In fact, your insurance rates are not only reflective of your own driving record and profile, but also how easy or pricey it is to repair your vehicle. Cars that are less liable to make an insurance claim, or are less expensive to repair when an insurance claim is made, are typically less expensive to insure:

“Far too few car shoppers take insurance into serious consideration before they decide which vehicle to buy,” says Karl Brauer, senior editor of Kelley Blue Book. “Instead of carefully analyzing what the premiums will be, they decide that they want a particular car and say: ‘Whatever the insurance is, I’ll deal with it.'” – Insure.com

Many folks believe that if they want cheap insurance, they will have to drive a dull, boring automobile. The good news is, this is not necessarily true! Below is a graph from Claims Journal, that reveals the top 10 least expensive cars to insure in 2015 for the average driver:

least expensive

Related article: You Get What You Pay For Auto Insurance

Although we all dream about driving a fast-car that gets the heart racing, it does come at a price. A higher insurance price, that is. Here are the top 10 most expensive cars to insure in 2015:

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(via Claims Journal)

Note: The average insurance rates above are based on full coverage for a single 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. This hypothetical driver has a clean record and good credit. The rate includes uninsured motorist coverage (via Insure.com).

If you’re shopping for a new car, remember to take into consideration not only the price of the vehicle, but also how it will affect your insurance rates.

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Cheri Roman
Cheri Roman
I’m a graduate of the University of Texas & have a master’s degree in Business Administration from Texas A&M University, Corpus Christi. As a former teacher, I believe in educating my clients about insurance and investment options, and partnering with them to protect their family and achieve their financial goals.

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