When it comes to your driving record that’s a for sure way that keeps your auto insurance premiums on the low. Although when you maintain a good driving record, keeping your deductibles high and doing everything you can to make sure that your auto insurance premium is the lowest I can be this includes all discounts available to you there are some chances where you might be paying a little bit more for your insurance without you knowing. Don’t be discouraged it’s not you oh, it’s just the fact that some vehicles are more expensive to cover through an auto insurance claim than others.
The rule of thumb for this depends on the type of vehicle you drive. So if you have a car or a truck that’s relatively affordable on the market it goes without saying that parts are relatively cheap and to cover the vehicle will be relatively cheap as well. So in hindsight, less expensive vehicles are the least to repair therefore making your auto insurance premiums lesser. Although the price of the vehicle is the only thing considered things such as the safety rating the year of the vehicle and many other factors come together to give you that an auto insurance premium.
Now that we have some information as to how your insurance premium can be measured. Let’s take a look at some of the most expensive and cheapest vehicles to insure in the year 2019.
The vehicle with the cheapest auto insurance premiums is the Honda Odyssey. Currently, you’ll be paying an average of $1,298 per year for auto insurance. No amongst all 2019 models you’re looking at an average of $1,812. We got these rates from a website called insure.com, where they do an annual survey for car insurance rates.
Penny Gusner of insure.com explains “Vehicles on the least expensive list tend to be driven by families, which means more mature driving and perhaps because the inside may be a bit of a locker room for their kids the car owner isn’t worried about exterior small scuffs and doesn’t make claims for minor items,”
The Honda Odyssey is doing great considering it’s taking the top spot for the lowest insurance premium against the Jeep Wrangler. The Honda Odyssey has top marks for everything a vehicle needs. So thing such safety and everything else included. But the reason the Honda Odyssey has such an affordable insurance rate it’s because it’s a family vehicle. When you compare this to an extreme sports car switches in Nissan GTR insurance premiums may vary. Continuing on with the Nissan GTR, it actually has the most expensive auto insurance premium to cover. You’re looking at about $3,941 to cover this vehicle annually. So when you look at the margin between these two vehicles it’s about $2,643. That’s quite a bit of saving. Although the chance if someone looking across shop these models is slim to none it’s worth mentioning that this is a spread you’d be looking at from the cheapest vehicle to insure for 2019 versus the most expensive vehicle to insure in 2019.
So some food for thought on this and on this example will compare the Nissan GTR and the Honda Odyssey. The Nissan GTR has a massive engine pushing out about 600 horsepower and starting around $100,000. Where is the Honda Odyssey is it cost-effective family vehicle where you’re looking at about a decently optioned one for $30,000. The drivers of these vehicles can be marginally different, the Honda Odyssey can be a family-oriented person were there looking to get from point A to point B. But when you look at the driver the Nissan GTR they invested a lot of money to have a cool sports car. So you will have to be aware that they’re doing everything they can to make sure that their car is protected. “Drivers of vehicles on the expensive list pay a lot of money for the vehicle, so if it has extra horsepower, will likely want to try it out,” “Also, they will mind if their car gets a scuff and will want to get minor damages fixed up to keep their expensive ‘baby’ in excellent shape,” says Penny Gusner.
The Nissan GTR has taken the top spot for 2019 amongst all other competitors. It is finally beating out the Mercedes-Benz AMG S65 which has held the top spot for quite a while although it has dropped to the eighth spot on the list.
Let’s take a look at the actual list and what it will cost for you to insure the car for 2019.
Here’s a list for the 10 cheapest Vehicles you pay for auto insurance in 2019.
Yes, we know what you’re thinking that these figures could be skewed simply because there are a ton of factors that come into a play when an insurance premium is given. But please note that the figures quoted are based on a 40-year-old male driver having a perfect driving record based on insure.com study. And of course, if you were to take a younger male driver was a terrible driving record they’ll be paying the most auto insurance premium you can think of.
So if you’re in the market for a vehicle like one of these on the list above we definitely recommend that you shop around. Of course, you don’t have to be in the market for any of those vehicles on the 10 lists, the same principle applies. It’s always best to shop around to get the best rates you can simply because your auto insurance premium can vary between the companies.
Here are the best auto insurance companies for 2020.