Save Money on Auto Insurance: Car Types That Are Expensive To Insure

Make and model has a great affect on the amount you pay on auto insurance premiums. It pays to do individual research on the type of auto you are buying and whether your auto insurance premiums will increase due to the type of car you are driving.

The most recent data shows that the Dodge Ram, Chevy Silverado, Toyota Prius and Honda Accord are most expensive to insure. In general, pick up trucks are generally more expensive to insure as they have lots of horsepower, making it tempting to speed and poorer safety features. They are larger vehicles so they can do more damage in an accident than a smaller car.

The hybrid Toyota Prius is a surprising entry considering hybrid owners receive more auto insurance discounts and are in the demographic of drivers who are more experienced. It is possible that the Toyota Prius is very expensive to repair and so needs more auto insurance coverage than other models.

The Honda Accord performs well in safety tests but its tendency to land on most stolen vehicles lists year after year make it an expensive vehicle for auto insurance companies to cover.