Nov 2008
5
by billeater
Posted In: insurance tips automotive
Each year, Insure.com releases it's list of the top ten most expensive, and the top ten least expensive cars to insure. Insurers use a variety of data to decide on rates for cars, including the overall value, attractiveness to thieves and vandals, popularity with fast drivers, and overall safety.
So, being on the list of most expensive cars to insure doesn't necessarily mean the car is unsafe, but it does mean it will cost you quite a bit.
It's certainly a chance to save a little money when you are picking a vehicle to purchase. You'll notice, for example, a difference of over $200 in insurance costs between two popular makes of full size pickup trucks.
Here's their list for 2008:
| Top 10 most expensive cars to insure in 2008. | ||
| Model | Average premium | Sales ranking |
|---|---|---|
| Dodge Ram pickup | $1,336 | 5 |
| Chevy Silverado-C/K pickup | $1,280 | 2 |
| Toyota Prius | $1,210 | 16 |
| Honda Accord | $1,203 | 6 |
| Nissan Altima | $1,198 | 9 |
| Toyota Corolla | $1,190 | 4 |
| Ford Focus | $1,185 | 15 |
| Chevrolet Cobalt | $1,179 | 14 |
| Honda CR-V | $1,178 | 11 |
| Dodge Caravan | $1,185 | 15 |
| Top 10 least expensive cars to insure in 2008 | ||
| Model | Average premium | Sales ranking |
|---|---|---|
| Chrysler Town & Country | $940 | 19 |
| Ford Escape | $1,022 | 17 |
| GMC Sierra pickup | $1,026 | 12 |
| Chevrolet Impala | $1,091 | 7 |
| Ford Econoline Club Wagon | $1,119 | 13 |
| Ford Fusion | $1,133 | 20 |
| Ford F-series pickup | $1,156 | 1 |
| Honda Civic | $1,163 | 8 |
| Toyota Camry | $1,165 | 3 |
| Toyota RAV-4 | $1,165 | 18 |
(2 votes)
©2009
Japanese Improving
Well these are great statistics but pretty annoying one for chrysler dealers. Chrysler have really faced crisis in these days of recession but Japanese companies like Honda and Toyota are leading charts. Their insurance prices are high and American car manufacturing companies should come up with newer ideas to combat these tiring times.