Top 10 Most and Least Expensive Cars to Insure
What makes a car cheap or expensive to insure?
"Loss history", which is what an insurance company will have to shell out in the event of a totaled vehicle.
But it's not solely based on how much it costs to repair a given model. It's also about the likelihood of a given model being involved in an accident in the first place.
It's not surprising that cars like the Chevrolet Corvette and Cadillac Escalade are more prone to accidents due to their owners, and thus show up on the expensive list.
Which also explains why inexpensive subcompacts such as the Chevrolet Aveo or Nissan Versa aren't on the least-expensive-to-insure list.
Cheaper economy cars tend to be purchased by young drivers, who statistically are involved in more accidents-- thus increasing loss history.
10 Least Expensive Vehicles to Insure
- Kia Sedona
- Mazda5
- Ford Escape
- Hyundai Santa Fe
- Mercury Mariner
- Chrysler PT Cruiser
- Ford Explorer
- Subaru Outback
- Kia Optima
- Chevrolet Equinox
- Acura ZDX
- Audi TTS
- Audi A5
- Cadillac Escalade
- Chevrolet Corvette
- BMW Z4
- Lexus SC 430
- Jaguar XF
- Cadillac STS
- Dodge Challenger
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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