When buying a car, it is important to consider the cost of insurance, as that’s a cost that you will have for as long as you’ve the car. No longer is the top 10 costliest cars to insure dominated by compact vehicles. The list is about what you would expect: style, luxury, and horsepower. Cars which can accelerate fast and reach high speeds are seen by insurance providers to be greater risks, whilst pricey parts and long repair times can also add to insurance costs. This survey looked-at average insurance rates for 2016 models; and some exotic vehicles and other models weren’t included.
The wide variety of cars in the top 10 means there is a low cost insurance option for the varying needs by clients. Cars, SUVs and trucks are no longer viewed as single-purpose cars. For example, minivans have folding rear benches that make room for camping gear or furniture, work trucks have extended cabs which fit car seats, and technology such as WiFi easily turns cars into mobile offices. With this guide, you can compare the cost of insurance on up to 10 cars, making it a great way to narrow down the field of cars you want to purchase and make a great selection for your driving needs and your wallet.
Porsche 911Carrera GT3RS
This is one of-the Porsche models on this list, starting off the top 10 costliest cars to insure at a price of $3,212 a year. Experts say that in order to save, drivers need to ask for insurance quotes from at least 3 different insurance companies before choosing the best insurance policy for the least cost.
Audi RS7 Quattro-Prestige
This car — which costs $3,229 a year to insure — is the-only Audi that is on this list. Drivers need to note that allowing your teenager to drive your car could dramatically raise insurance rates.
Land Rover-Range Rover SV Autobiography
There are several more affordable Range Rover models available, yet the Autobiography range is the-most costly model to insure. Insurance companies are becoming more cautious of covering the Range Rover-models thanks to a recent spate of thefts. The SUV will cost around $3,245 to insure every year, although drivers may be-able to save through being careful regarding when they purchase insurance. Car insurance can vary by about 7.5% depending upon what month you purchase it in.
BMW-M6 Gran Coupe
This is the only BMW model in the top 10 list, costs $3,309/year to insure. Besides the common discounts, you can also ask regarding more obscure ones such as discounts for people who do not drive several miles, who’ve been clients of the company for quite a long time, who have a college degree or higher also including those who own a property or home.
Nissan GT-R Nismo
The average price to insure this vehicle is $3,476 per year. To save, you can ask regarding common discounts, including lowered-rates for students who perform well in school, those who pay the entire bill upfront, are married, have a home-insurance plan with the same insurer, and take a driver training course.
Porsche Panamera-S Executive
This is, unsurprisingly, one of 2 Porsche models which lands on the list, on average costing $3,484 a year to insure.
The annual insurance premium charged on this vehicle is $3,513 a year on average, making it the 4th most costly car to insure. Even-with a costly car, owners could save considerably by shopping around from different insurers: The average annual premium savings drivers get by only switching to a new insurance-provider is $385, according to a recent insurance shopping research.
Mercedes S600 BI-T
On average, this vehicle costs $3,539/year to insure, even though it is important to note that insurance rates for cars may significantly vary from state to state.
Mercedes S600 BI-T
This is among the 3 different Mercedes models which make the 10 costliest cars to insure, costing $3,797/year to insure. In general, vehicles that have fewer insurance-claims made by the owners and which cost less to-repair tend to be more reasonably priced to insure.
Dodge GT Viper
This fast vehicle — its V10 engine could get you up to 60mph in around 3 seconds — costs $4,048 a year on average to insure. This is mostly because of the fact that the car tends to attract people who are like to go fast. It’s the most expensive vehicle to insure of-the over 2,300 models (all from 2016) that were examined this year. Certainly, this vehicle costs more than 3 times what it will cost you to insure the family friendly Honda-Odyssey LX ($1,113). Other reasons why these cars are the most costly to insure include that they’re popular with-thieves, unsafe, or costly to repair.