What Are the Cheapest and Most Expensive Cars to Insure?

If you’re worried about the cost of insuring your next car consider this simple mantra: “boring is better.”

Or so finds a new survey of automotive insurance, which finds that sports and luxury cars are the most expensive products to insure, while minivans – the Toyota Sienna people-mover, in particular – are among the most affordable.

“Minivans have always had a strong showing in our ‘least expensive’ rankings,” said Amy Danise, editorial director of Insure.com. “They regularly prove to be safe, economical vehicles.”

The Sienna, for example, costs an average $1,111 to insure, according to the site’s annual survey, or less than a third what it would cost to cover the2-seat, 197 mph Audi R8 Spyder Quattro Convertible, at $3,384. Audi, in fact, has the dubious distinction of having two of the ten most expensive cars to insure, BMW also has 2, while Porsche and Mercedes-Benz each have three.

This is what you drive if insurance is your prime concern – the Toyota Sienna.

Indeed, European luxury and performance marques overwhelmingly dominate the Top 20 Most Expensive Cars to insure, with only one Japanese entry on that list, the Nissan GT-R sports car, which would require an average $2,457 outlay by the typical driver.

For those who would like a little more thrill than a minivan provides, the news isn’t entirely bleak. Along with minivans like the Sienna and Dodge Grand Caravan, the survey shows that you can buy a number of sport-utility vehicles and crossover-utes without breaking your budget on insurance. The Jeep Patriot Sport, at $1,116 a year, and the Jeep Compass Sport, at $1,118, rank third and fourth, respectively. The Ford Escape lands in the eighth spot, at $1,137.

This is what you drive if insurance is your prime concern – the Toyota Sienna.
(Insurance isn’t the only thing to consider. A separate study looks at the total cost of vehicle ownership and Kia, Audi come out on top. Click Here for more.)

And for those that want a vehicle that can handle heavy duty chores, there are a number of trucks on the list, notes Danise, adding that, “notably, we’re seeing pickup trucks back on the ‘least expensive’ list after an absence last year.”

That includes the fifth-ranked GMC Sierra K1500 Regular Cab, at $1,121 annually, and the sixth-ranked Chevrolet Silverado 1500 Regular Cab, at $1,125.

The survey is likely no surprise to those who have owned sports cars which typically command a stiff premium from even the most experienced drivers. Manufacturers have been known to take steps to try to hold down insurance costs, such as adding a 2+2 option, effectively useless rear seats that often move a sports car into a lower insurance category.

A variety of factors work into the figure an insurance agent might quote, anything from the frequency of crashes and thefts for a particular model to the cost of making repairs.

And any individual driver might see a sharp difference in the figures Insure.com came up with – reflecting an owner’s driving record, the number of people registered to drive the vehicle, even the zip code where a person lives, as that can be shown to affect the likelihood of a crash or theft.

Source: The Detroit Bureau

Here’s the full list of Least and Most Expensive Cars to Insure:

The least expensive 2012 vehicles to insure per year, according to Insure.com, are:

1. Toyota Sienna LE: $1,111

2. Toyota Sienna 4 cyl: $1,114

3. Jeep Patriot Sport: $1,116

4. Jeep Compass Sport: $1,118

5. GMC Sierra K1500 Regular Cab: $1,121

6. Chevrolet Silverado 1500 Regular Cab: $1,125

7. Dodge Grand Caravan SXT: $1,129

8. Ford Escape XLS: $1,137

9. Toyota Sienna 6 cyl: $1,139

10. Chevrolet Silverado 1500 Extended Cab: $1,143

11. Dodge Journey SXT: $1,143

12. Honda Odyssey LX: $1,146

13. Kia Sportage: $1,151

14. Hyundai Santa Fe GLS: $1,152

15. Jeep Wrangler Unlimited Sport: $1,154

16. Nissan Frontier S King Cab: $1,162

17. Nissan Frontier SV King Cab: $1,163

18. Hyundai Tucson GL: $1,166

19. Ford Escape XLT: $1,167

20. GMC Canyon: $1,167

The most expensive 2012 vehicles to insure per year, according to Insure.com, are:

1. Audi R8 Spyder Quattro Convertible: $3,384

2. Mercedes CL600 BI-T Coupe: $3,307

3. Mercedes S600 BI-T: $2,948

4. Audi R8 4.2 Quattro Coupe: $2,903

5. Porsche Panamera Turbo: $2,738

6. BMW 750i Hybrid: $2,701

7. Porsche 911 Turbo Convertible: $2,674

8. Porsche 911 Turbo S Convertible: $2,674

9. Mercedes CL65 AMG Coupe: $2,669

10. BMW 750Li Hybrid: $2,641

11. Mercedes SL63 AMG Convertible: $2,615

12. Mercedes CL63 AMG Coupe: $2,613

13. Jaguar XKR Supercharged Convertible: $2,585

14. Mercedes S63 AMG: $2,542

15. Mercedes C63 AMG Coupe: $2,532

16. Audi A8 L Quattro: $2,513

17. Mercedes SL550 Convertible: $2,458

18. Nissan GT-R Coupe Turbo: $2,457

19. BMW 750XI: $2,446

20. BMW 750i: $2,430

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