Thinking of Buying a New Car? The Most and Least to Insure
I love the thought of buying a new car. I know what car I would want. Now with that in mind I’m not sure I would want to pay the insurance on it. When car shopping you also need to take into consideration how much it would cost to insure. I hope you find this list helpful.
#1.) Minivans Are the Cheapest to Insure. The four cheapest cars on the list are all minivans, including the Chrysler Town and Country, the Toyota Sienna, the Sienna LE, and the Honda Odyssey LX.
–On average, insuring each of them costs right around $1,100 a year for someone with a good driving record.
#2.) SUVs Are the Second-Cheapest. In fact, all of the top ten cheapest cars to insure are either minivans or SUVs. And all of the SUVs cost between $1,100 and $1,200 a year, on average.
#3.) Most of the Best-Selling Cars Are Also Cheap to Insure. The number one best-selling car in 2010 was the Ford F-150 pickup truck, which carries a $1,500 annual premium. But that’s higher than its competition:
–The Toyota Camry . . . which was the third most-popular car in 2010 . . . costs $1,275 a year to insure, the average driver of a new Nissan Altima pays $1,370, and the Honda CR-V costs $1,155.
#4.) The Most Expensive Cars to Insure Are Probably Out of Your Price Range Anyway. All of the cars in the top 20 are made by Mercedes, BMW, Aston Martin, Porsche, and Jaguar.