Exploring the Most Expensive Vehicles to Cover With Car Insurance

Eleanor Hanson

Are you getting ready to purchase a new vehicle? If so, you might want to seriously consider how much it is going to cost you to insure that dream machine before you make a purchase. Even if the sticker price at the dealership isn’t enough to scare you away from the vehicle you have been eying, the cost of covering it with car insurance might be a different story. In fact, you may be surprised to learn that the most expensive cars to insure are not necessarily fancy sports car or other vehicle designed to go from zero to 80 mph at breakneck speed. While these cars can certainly cost you a great deal to cover with insurance, there are a number of other vehicles that can be quite costly to insure as well.

When it comes to the costs associated with insuring vehicles, there are a few rules of thumb to keep in mind. In generally, luxury cars are going to be more expensive to insure because they are also more expensive to repair or replace if they become damaged. The same is also true of sports cars, since they are more likely to get involved in accidents. You may be surprised to learn, however, that four-wheel drive trucks can also cost more to insure as well as other performance vehicles.

According to the Highway Loss Data Institute, however, there are several vehicles that top the list when it comes to the most expensive to cover with insurance. The top ten list of cars that cost less than $50,000 includes:

  • Lexus IS 300
  • Land Rover Discovery Series II
  • Audi S4
  • Jaguar X-Type
  • Mercedes SLK Class
  • Lexus GS 430
  • Land Rover Freelander
  • Mitsubishi Montero
  • BMW X5
  • Toyota 4Runner

Those that are the most expensive to cover in terms of theft coverage include:

  • Acura Integra two-door
  • Acura Integra four-door
  • Jeep Wrangler
  • Jeep Cherokee four-door
  • Honda Prelude two-door

When it comes to the cost of providing injury coverage, on the other hand, the most expensive vehicles to cover include:

  • Suzuki Esteem four-door
  • Mitsubishi Mirage four-door
  • Kia Rio four-door
  • Mitsubishi Mirage two-door
  • Kia Sephia four-door

Collision coverage, on the other hand, is the most expensive on the following vehicles:

  • Lexus IS 300
  • Hyundai Tiburon two-door
  • Kia Spectra four-door
  • Suzuki Esteem four-door
  • Mitsubishi Mirage four-door
  • Audi A6 Avant Quattro station wagon
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