When it comes to buying car insurance, the type of car you have plays a big role in how much you’ll pay.
A recent report lists the most and least expensive cars to insure.
Which Vehicles Are the Most Expensive and Cheapest To Insure?
The State of Auto Insurance 2022, from insurance comparison site TheZebra, uses data from an analysis of auto insurance prices across all U.S. ZIP Codes. The study was conducted between September and December 2021.
The analysis was developed based on the profile of a 30-year-old single male motorist with a good driving history who had owned a 2017 Honda Accord EX.
The theoretical driver’s insurance coverage consists of:
- $50,000 bodily injury liability per person
- $100,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $500 deductible for comprehensive and collision
We’ll take a look at the findings by makes and models, annual insurance rates and how much the coverage costs as a percentage of the vehicle’s manufacturer suggested retail price (MSRP).
First, Let’s Look at the Most Expensive Cars To Insure
| Rank | Vehicle | Annual Insurance Rate | Insurance as % MSRP |
|---|---|---|---|
| 1. | Maserati Quattroporte | $5,420 | 3.9% |
| 2. | Nissan GT-R Nismo | $4,864 | 2.3% |
| 3. | Audi R8 5.2L V10 Quattro | $4,591 | 2.1% |
| 4. | Maserati Ghibli | $4,341 | 6% |
| 5. | Acura NSX | $4,137 | 2.6% |
| 6. | Mercedes S560 | $4,059 | 3.1% |
| 7. | Tesla Model S Long Range | $3,908 | 4.1% |
| 8. | Alfa-Romeo Giulia Quadrifoglio | $3,847 | 5.1% |
| 9. | Porsche 911 Carrera | $3,730 | 3.8% |
| 10. | Mercedes G550 4MATIC | $3,637 | 2.8% |
Money expert Clark Howard says that when it comes to auto insurance you shouldn’t be afraid to ask for discounts. That’s a great way to make sure you get a lower rate.
Now, Let’s Take a Look at the Least Expensive Cars To Insure
| Rank. | Vehicle | Annual Insurance Rate | Insurance as % MSRP |
|---|---|---|---|
| 1. | Mazda CX-3 Sport | $1,440 | 6.9% |
| 2. | Toyota C-HR LE | $1,473 | 6.8% |
| 3. | Ford Transit Connect XL | $1,491 | 6% |
| 4. | Fiat 500X Pop | $1,499 | 5.7% |
| 5. | Honda CR-V EX | $1,500 | 5.4% |
| 6. | Subaru Crosstrek | $1,502 | 6.8% |
| 7. | Dodge Ram Promaster City | $1,507 | 5.9% |
| 8. | Jeep Compass Altitude | $1,510 | 6.3% |
| 9. | Ford F-150 XL | $1,525 | 5.2% |
| 10. | GMC Savana G2500 | $1,527 | 4.6% |
From looking at the vehicles on both lists, you can tell that the type of car you drive definitely matters to your wallet!
If you are looking for the best auto insurance company, read Team Clark’s auto insurance guide.
