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    10 most expensive cars to insure

    According to Forbes, the GT-R is the highest....

     

    From seeking greater fuel efficiency to carpooling, some American drivers are looking for ways to save on ownership costs.

    But one thing most can't do without is car insurance. Each of the nation's 50 states has laws that require drivers purchase liability insurance or provide enough "proof of financial responsibility" to cover a claim in case of an accident.

    Premiums are dropping; the average in May was at its lowest point in a year at $1,871 per car, down from the national average of $1,982 in October, according to RateWatch, a Web site that tracks annual average insurance rates. But they continue, for most, to be a major outlay. Still, consumers worried about the bottom line have options.

    The 185-horsepower, 2009 Hyundai Santa Fe costs an average of $832 a year to insure, the lowest of a list of just under 300 2009 models surveyed. The Saturn Vue costs an average of $911 a year to insure, and a Kia Sedona can be covered for an annual cost of $857.

    Owners of luxury autos such as the BMW M5, the Mercedes-Benz G-Class and the Porsche 911 pay for that kind of prestige -- $2,020, $2,088 and $1,819, respectively. But those who drive the $80,790 Nissan GT-R, the 2009 Motor Trend Car of the Year, pay an average $2,533 a year. The sports car's super-charged 3.8-liter, twin-turbocharged 24-valve V6 engine helped it to the top of the list.

    10 - Porsche 911, $1819

    9 - Lexus ISF, $1881

    8 - Hummer H2, $1912

    7 - BMW M5, $2020

    6 - Audi S8, $2071

    5 Mercedes G class, $2088

    4 - Ford Shelby GT 500, $2186

    3 - BMW M6, $2236

    2 - Dodge Viper, $2446

    1 - Nissan GT-R, $2533


    Re: 10 most expensive cars to insure

    That's very costly - I pay much less for my 997.1 C2S in the UK. 


    --

    Rennteam Moderator - 997.1 C2S Coupe GT Silver/Cocoa, -20mm/LSD, PSE, SportDesign rims, Zuffenhausen collection


    Re: 10 most expensive cars to insure

    JoeRockhead:

    According to Forbes, the GT-R is the highest....

     

    From seeking greater fuel efficiency to carpooling, some American drivers are looking for ways to save on ownership costs.

    But one thing most can't do without is car insurance. Each of the nation's 50 states has laws that require drivers purchase liability insurance or provide enough "proof of financial responsibility" to cover a claim in case of an accident.

    Premiums are dropping; the average in May was at its lowest point in a year at $1,871 per car, down from the national average of $1,982 in October, according to RateWatch, a Web site that tracks annual average insurance rates. But they continue, for most, to be a major outlay. Still, consumers worried about the bottom line have options.

    The 185-horsepower, 2009 Hyundai Santa Fe costs an average of $832 a year to insure, the lowest of a list of just under 300 2009 models surveyed. The Saturn Vue costs an average of $911 a year to insure, and a Kia Sedona can be covered for an annual cost of $857.

    Owners of luxury autos such as the BMW M5, the Mercedes-Benz G-Class and the Porsche 911 pay for that kind of prestige -- $2,020, $2,088 and $1,819, respectively. But those who drive the $80,790 Nissan GT-R, the 2009 Motor Trend Car of the Year, pay an average $2,533 a year. The sports car's super-charged 3.8-liter, twin-turbocharged 24-valve V6 engine helped it to the top of the list.

    10 - Porsche 911, $1819

    9 - Lexus ISF, $1881

    8 - Hummer H2, $1912

    7 - BMW M5, $2020

    6 - Audi S8, $2071

    5 Mercedes G class, $2088

    4 - Ford Shelby GT 500, $2186

    3 - BMW M6, $2236

    2 - Dodge Viper, $2446

    1 - Nissan GT-R, $2533


    The list actually makes perfect sense, not to be sterotypical, but it's my first impression, first thought that pops into my mind, it does not mean all owners/drivers are like this, there will be exceptions.

    1. Nissan GT-R, first year cars are always more expensive, it's has a tremendous performance envelope that makes people think they are invincible and thus more speed and more accidents, the cheap price makes it more accessible to young and less experience drivers doesn't help it's cause.

    2. Wide tires gives it a big performance envelope but once pass the point of no return it goes sour in a hurry, 500+hp always gets the insurance companies attention.

    3. Another 500+hp car, in coupe form makes people drives faster and less responsible, complex body curves is expensive to match and repair.

    4. More 500+hp car, this one has exotic framework, comples bodywork, super fast supercar that bites if one lose it, more accident prone.

    5. This truck is more likely driven by Beverly Hills type women/wifes who care more for their flawless nails than what's around their car, who prefer talking on cell phones than reading road signs, very accident prone because of the type of drivers.

    6. Exotic aluminum is very expensive and tricking to repair.

    7. Same with the M6, but because it's a sedan, insurance will always be cheaper than 2-doors.

    8. This one is odd, kind of stumping me, but my take is that while the truck is cheap to buy, it's driven by people who could care less about what's in their way, be it rocks, mud, snow, or another car, those gansters and rockstars rich enough that swiping another car on the road is almost a dialy routine and they don't even feel the money coming out of their pocket.

    9. New pocket rocket, relatively cheap and most daddy thinks a Lexus is not a fast car, especially if the F in IS-F is conveniently ommited, daddy knows M cars are fast, AMGs are fast, but a Lexus IS? Little 4-door sedan in automatic? Sons/daughters must be responsible, here is the cash to buy your first car. Kids knows what's off limit to ask for and a little Lexus IS is well within limit. Young, inexperience drivers with raging hormones in a pocket rocket, nice combination.

    10. 911 are a expensive car to buy, expensive car to fix, expensive to insure, it sure does not surprise anyone to have a 911 in such a list.

    What's surprising is where are the Lambos and Ferraris? 

     


    Re: 10 most expensive cars to insure

    easy_rider911:

    That's very costly - I pay much less for my 997.1 C2S in the UK. 


    How much do you pay in the UK ? I pay for one year  full coverage $ 4200 Smiley


    --
     997.2 C2S, PDK, -20mm

    Re: 10 most expensive cars to insure

    Whoopsy:


    What's surprising is where are the Lambos and Ferraris? 

     


    In a garage, not being driven SmileySmiley  Insurance on a car driven less than 3000 miles a year can be pretty cheap, even when it's an expensive exotic!

    Interestingly as well is the absence of any Corvette in there!  The cynical will surely point to the fact most are driven by old farts Smiley

    Smiley

    Geoff

     


    --

    2001 Corolla LE - 0-60: Yes.

    2009 Corvette Z06 - 0-60: Ooooh yes.


    Re: 10 most expensive cars to insure

    Gnil:
    easy_rider911:

    That's very costly - I pay much less for my 997.1 C2S in the UK. 


    How much do you pay in the UK ? I pay for one year  full coverage $ 4200 Smiley


    I think I paid around GBP750 for 1 year's insurance cover.


    --

    Rennteam Moderator - 997.1 C2S Coupe GT Silver/Cocoa, -20mm/LSD, PSE, SportDesign rims, Zuffenhausen collection


    Re: 10 most expensive cars to insure

    easy_rider911:
    Gnil:
    easy_rider911:

    That's very costly - I pay much less for my 997.1 C2S in the UK. 


    How much do you pay in the UK ? I pay for one year  full coverage $ 4200 Smiley


    I think I paid around GBP750 for 1 year's insurance cover.


    That' s cheap....Smiley The only consolation I have is that my insurance covers me also on th N'Ring and any other tracks if I don't do racing.


    --
     997.2 C2S, PDK, -20mm

    Re: 10 most expensive cars to insure

    Its all down to postcodes.

    When I lived 15miles out of the city I paid about £700 p/a now I have a city centre postcode and I pay £1800 p/a!  Having moved around the city before I settled on my current place the premium varied between £1200 and £1800 - sometimes moving only a few hundred yards!


    Re: 10 most expensive cars to insure

    Adam2S:

    Its all down to postcodes.

    When I lived 15miles out of the city I paid about £700 p/a now I have a city centre postcode and I pay £1800 p/a!  Having moved around the city before I settled on my current place the premium varied between £1200 and £1800 - sometimes moving only a few hundred yards!

    Don't insurance companies realize that automobiles are mobile?  Smiley


    --

    fritz


    Re: 10 most expensive cars to insure

    Weird. According to AMuS, the GT3 is 2000 Euros more expensive than the GT-R. The GT2 is 14'000 Euros more expensive than the GT-R. The M3 is about 3000 Euros more expensive than the GT-R. The R8 V10 costs the same. I'm talking about 'Vollkasko' (I have no idea how to translate that) and I don't know how accurate these figures are.


    Re: 10 most expensive cars to insure

    Jofu:

    Interestingly as well is the absence of any Corvette in there!  The cynical will surely point to the fact most are driven by old farts Smiley

    Smiley

    Geoff

     


    More likely due to the fact that the plastic body are pretty durable, it takes a pretty hard knock to break them, minor collision that dings sheet metal are powerless against the plastics, they just bounce back. in the eyes of the insurer, that's a good thing. Also, because there are so many around, replacement parts are plenty and cheap, can be source within the continent, unlike others which has to be shipped over. Overall a lower repair cost than #10 911 which is why it's not on the list.

    I had a C5 before, I positively loved the fact that it's imune to door dings in the parking lot.


    Re: 10 most expensive cars to insure

    Whoopsy:
    More likely due to the fact that the plastic body are pretty durable, it takes a pretty hard knock to break them, minor collision that dings sheet metal are powerless against the plastics, they just bounce back. in the eyes of the insurer, that's a good thing. Also, because there are so many around, replacement parts are plenty and cheap, can be source within the continent, unlike others which has to be shipped over. Overall a lower repair cost than #10 911 which is why it's not on the list.

    I had a C5 before, I positively loved the fact that it's imune to door dings in the parking lot.

    True, although anything big and you're stuck with a cracked panel Smiley But at least it's still repairable.  On my C5 Z06, I had a rock hit the inner side of my rear fender, and it cracked the fiber glass (SMC for the picky) out slightly.  You could see the fiber material, kinda cool Smiley  Got it repaired for pretty cheap, just like new!
     

    At any rate, apologies for the thread hijacking!

    Smiley

    Geoff


    --
     

    2001 Corolla LE - 0-60: Yes.

    2009 Corvette Z06 - 0-60: Ooooh yes.


     
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