The 10 Cheapest Cars to Insure
Posted Friday, Sep 18, 2009 by
Recently, Forbes published a list of the least expensive cars to insure as calculated by Insure.com. They quoted annual rates for a 40-year-old male who commutes 12 miles to work with typical insurance limits: $100,000 bodily injury per victim, $300,000 bodily injury per incident (all involved), $50,000 property damage and a $500 deductible on collision and comprehensive. And it’s a national average. (Rates vary from states to state.)
Here’s the list:
1) Hyundai Santa Fe (SUV) – $832
2) Kia Sportage (SUV) – $840
3) Hyundai Entourage (Minivan) – $848
4) Kia Sedona (Minivan) – $857
5) Kia Rio5 (Passenger) – $857
6) Honda Odyssey (Minivan) – $871
7) Smart fortwo (Passenger) – $881
8) Saturn Vue (SUV) – $911
9) Mazda Tribute (SUV) – $913
10) Chrysler Town & Country (Minivan) – $915
Reviewing this report, a few interesting patterns emerge:
• Eighty percent of the vehicles on the list are from foreign-based manufacturers. In fact, half the cars listed are from South Korean companies (Hyundai and Kia).
• Eighty percent of the vehicles on the list are either SUVs or minivans. This is probably because these tend to be “family” vehicles, and driving with children tends to make drivers a bit more cautious. (Although sometimes more distracted.)
• The only “traditional” passenger car on the list is the Kia Rio 5, which places 6th. The Smart fortwo is still a somewhat “exotic” vehicle, being a “micro-car” for a very specialized urban market.
As for the most expensive cars to insure… Well, if you have to ask, you can’t afford them!
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