Most Expensive Used Cars To Insure

Tuesday June 16, 2009

Interesting article at insure.com about the 10 most expensive cars to insure. (I grew up the son of an insurance executive, so I legitimately find insurance interesting.) The list is for 2009 models, but it definitely applies to older models, as well. All cars on the list are available as 2008 models or older.

Insurance is an important factor to keep in mind when shopping for a used car. You need to have a discussion with your insurance agent to determine how much your monthly costs are going to increase or decrease and factor that in to your monthly car payments.

$2,533, Nissan GT-R, Sports car
$2,446, Dodge Viper, Sports car
$2,236, BMW M6, Sports car
$2,186, Ford Shelby GT500, Sports car
$2,088, Mercedes-Benz G-Class, Large SUV
$2,071, Audi S8, Large passenger car
$2,020, BMW M5, Sports car
$1,912, Hummer H2, Large SUV
$1,881, Lexus IS F, Sports car
$1,819, Porsche 911, Sports car

By the way, according to insure.com, “Averages based on a 40-year-old male driver who commutes 12 miles to work, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive. Policy includes uninsured motorist coverage. Rates were averaged across multiple ZIP codes and insurance companies. Average rates are for comparative purposes; your rate will depend on your personal factors.”