One mistake new car buyers make when making their purchase is forgetting to estimate how much car insurance will cost. Thankfully, experts at Insure.com annually analyze the new vehicles arriving on dealership lots to find those that will cost consumers the most and least in insurance premiums. Look in our archives for the most costly and best 2012 vehicles.
Minivans had a long history of being the least expensive vehicle to insure, however that crown was taken in 2013 as crossovers and SUVs have moved in.
The SUV is the new minivan,” says Russ Rader, spokesperson for the Insurance Institute for Highway Safety, which performs crash tests on vehicles. “These are vehicles used largely by families. They’re going to the mall, taking kids to school and driving to sports practices on the weekends. They’re not getting into a lot of crashes.”
The Top 10 Least Expensive 2013 Vehicles and their average annual premiums are:
- Ford Edge SE – $1,128
- Jeep Grand Cherokee Laredo – $1,148
- Subaru Outback 2.5i Premium – $1,150
- Kia Sportage – $1,157
- Jeep Patriot Sport – $1,160
- Chevrolet Express 1500 – $1,171
- Subaru Outback 3.6R – $1,180
- Hyundai Tucson GLS – $1,189
- Ford Explorer – $1,197
- Hyundai Tucson GL – $1,204
Visit our blog next week for the 2013 models that will cost the most in car insurance.