The Most Expensive Cars to Insure

Posted on July 3, 2018 in Money Saving Tips, Insurance Tips, Auto Insurance,

Most expensive cars to insureTechnology is advancing faster than ever, and this includes the technology in our cars. From blind spot detection to backup cameras, cars have newer capabilities every year. These capabilities do not come without a cost, however, and part of that cost is the insurance coverage for these types of vehicles.

There are different factors that determine car insurance, such as the driver’s age or driving record. The type of vehicle you own also makes a difference. This makes sense when we consider that vehicles with more technological capabilities have parts that are more expensive to replace. An analysis by 24/7 Wall St was done to find out the top 25 cars with the highest insurance costs. They found that the most expensive cars to insure were midsize to large luxury vehicles, and the least expensive were small to midsize SUVs. Below is the list that they compiled, from least expensive to most expensive:

25. Kia Forte

  • Annual average insurance paid: $1,155.82
  • Annual collision insurance paid: $425.10
  • Type: Small four-door
  • Retail price: $16,800

24. Mercedes-Benz C class four-door 2WD

  • Annual average insurance paid: $1,157.34
  • Annual collision insurance paid: $608.40
  • Type: Midsize luxury
  • Retail price: $40,250

23. Nissan Versa

  • Annual average insurance paid: $1,157.59
  • Annual collision insurance paid: $444.60
  • Type: Small four-door
  • Retail price: $12,110

22. Nissan Sentra

  • Annual average insurance paid: $1,165.05
  • Annual collision insurance paid: $471.90
  • Type: Small four-door
  • Retail price: $16,990

21. Lexus IS 350 four-door 2WD

  • Annual average insurance paid: $1,167.11
  • Annual collision insurance paid: $627.90
  • Type: Midsize luxury
  • Retail price: $38,210

20. Audi A4 four-door 2WD

  • Annual average insurance paid: $1,169.13
  • Annual collision insurance paid: $666.90
  • Type: Midsize luxury
  • Retail price: $36,000

19. Land Rover Range Rover Sport four-door 4WD

  • Annual average insurance paid: $1,173.05
  • Annual collision insurance paid: $631.80
  • Type: Midsize luxury SUV
  • Retail price: $66,750

18. Infiniti Q50 four-door 4WD

  • Annual average insurance paid: $1,182.32
  • Annual collision insurance paid: $612.30
  • Type: Midsize luxury
  • Retail price: $66,750

17. Dodge Dart

  • Annual average insurance paid: $1,187.55
  • Annual collision insurance paid: $468.00
  • Type: Small four-door
  • Retail price: $16,995

16. Kia Rio

  • Annual average insurance paid: $1,191.26
  • Annual collision insurance paid: $413.40
  • Type: Mini four-door
  • Retail price: $13,900

15. Nissan Maxima

  • Annual average insurance paid: $1,237.68
  • Annual collision insurance paid: $596.70
  • Type: Midsize four-door
  • Retail price: $33,270

14. Scion tC

  • Annual average insurance paid: $1,237.74
  • Annual collision insurance paid: $518.70
  • Type: Small two-door
  • Retail price: $19,385

13. Chrysler 200 2WD

  • Annual average insurance paid: $1,261.87
  • Annual collision insurance paid: $471.90
  • Type: Midsize four-door
  • Retail price: $22,115

12. Scion iA

  • Annual average insurance paid: $1,274.51
  • Annual collision insurance paid: $530.40
  • Type: Mini four-door
  • Retail price: $15,700

11. Ford Mustang two-door

  • Annual average insurance paid: $1,291.53
  • Annual collision insurance paid: $686.40
  • Type: Midsize sports cars
  • Retail price: $25,680

10. Lexus GS 350 four-door 2WD

  • Annual average insurance paid: $1,295.44
  • Annual collision insurance paid: $705.90
  • Type: Large luxury
  • Retail price: $46,310

9. BMW 4 series two-door 2WD

  • Annual average insurance paid: $1,306.51
  • Annual collision insurance paid: $659.10
  • Type: Midsize luxury
  • Retail price: $43,300

8. Audi A7 four-door 4WD

  • Annual average insurance paid: $1,322.51
  • Annual collision insurance paid: $830.70
  • Type: Large luxury
  • Retail price: $69,700

7. Dodge Challenger

  • Annual average insurance paid: $1,335.79
  • Annual collision insurance paid: $627.90
  • Type: Large two-door
  • Retail price: $27,295

6. Kia Optima hybrid

  • Annual average insurance paid: $1,355.13
  • Annual collision insurance paid: $592.80
  • Type: Midsize four-door
  • Retail price: $25,995

5. Dodge Charger 2WD

  • Annual average insurance paid: $1,385.61
  • Annual collision insurance paid: $569.40
  • Type: Large four-door
  • Retail price: $28,995

4. Scion FR-S

  • Annual average insurance paid: $1,403.67
  • Annual collision insurance paid: $752.70
  • Type: Small two-door
  • Retail price: $25,305

3. Mitsubishi Lancer 2WD

  • Annual average insurance paid: $1,458.48
  • Annual collision insurance paid: $561.60
  • Type: Small four-door
  • Retail price: $17,795

2. Mercedes-Benz S class four-door LWB 2WD

  • Annual average insurance paid: $1,540.63
  • Annual collision insurance paid: $803.40
  • Type: Large luxury
  • Retail price: $89,900

1. Tesla Model S four-door electric 4WD

  • Annual average insurance paid: $1,789.48
  • Annual collision insurance paid: $1,310.40
  • Type: Large luxury
  • Retail price: $74,500

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