Vehicle Average Annual Premium
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Dodge Ram 1500 Rebel $2,015
Lexus RX 350 $2,105
Nissan Altima 2.0 S $2,130
What is the most expensive thing to insure?
Mobile phones and cameras top the list. You've heard the grumbles: a colleague pays more to insure his mountain bike than his car. A relative pays a quarter of her household insurance towards a laptop.6 Feb 2018
Do certain cars have higher insurance?
Statistics prove smaller, sportier cars are driven at higher rates of speed by younger, riskier drivers. Because they're involved in more accidents, they're more expensive to insure. By that rationale, it stands to reason that larger vehicles such as SUVs would be less expensive to insure.
Are SUVs more expensive to insure than cars?
While the average cost of an SUV far surpasses that of a sedan, car insurance costs may also differ substantially. Although rates will depend on your car insurance company and model, SUVs are typically $314 per year cheaper to insure than sedans.14 Dec 2021
Why are some cars more expensive for insurance?
Common causes of overly expensive insurance rates include your age, driving record, credit history, coverage options, what car you drive and where you live. Anything that insurers can link to an increased likelihood that you will be in an accident and file a claim will result in higher car insurance premiums.3 Jan 2022
Does car insurance cost more for expensive cars?
New cars are more expensive to insure than old cars, generally speaking. That's because newer cars are usually worth more than older cars. So, choosing a model with more features might make your insurance rates higher. A higher MSRP means higher repair costs if you're in an accident.7 Dec 2021