Cars with least expensive insurance?

[hhh]

What are some of the cars that are least expensive on insurance (make, model, car/suv/van, etc)? Are older cars cheaper on insurance than new cars?

[Anessa]

early 90s Corollas, 4 door mid size sedans..esp the older 80s Toyotas and Hondas like Accord and Camry. Tercel's.

[Anessa]

What are some of the cars that are least expensive on insurance (make, model, car/suv/van, etc)? Are older cars cheaper on insurance than new cars?

Of course older ones are definitely cheaper...with newer ones you have to worry about depreciation and all that jazz.

[ssainani]

early 90s Corollas, 4 door mid size sedans..esp the older 80s Toyotas and Hondas like Accord and Camry. Tercel's.


that's kinda not true -- early 90's cars are cheap - but corolla, civics, camrys and tercels are not.

ideally the cheapest newer car is something like a buick regal or chev malibu

the japanese smaller cars tend to score very poorly in safety ratings (which generate a large portion of your insurance premium)

[ShadowVlican]

early 90s Corollas, 4 door mid size sedans..esp the older 80s Toyotas and Hondas like Accord and Camry. Tercel's.
how about some more recent models/years?

[Badman]

You sould say what year range or what price range cars ;)

[Evil Baby]

I know when I graduated from driving school the teacher said the cheapest vehice on insurance was a white chevy s10.

Now personally I can't stand the fake trucks but if you like them I'm sure they are still cheap on insurance.


If you have certain models of cars you are looking at try insurancehotline.com and just compare the models you are looking at

[Ferrari]

VW TDIs are very cheap to insure since they are very safe and insurance companies think TDIs are slow... :lol:

[warpdryv]

5 door or wagon models are often cheaper as well

[wt22]

I have say it's not true. My 2002 civic I was paying $200 more per year compared to my current 2005 Acura EL which is worth more. So I would say you cannot say the older the car the cheaper the insurance.

[ViperZ]

Older 4-door domestic/american car - Neon, Cavalier, etc.

wt22, how old were you when you were driving Civic, and how old are you now? Did you get younger by any chance? :twisted: Or jump 25-yr-old barrier?

[DragonZealot]

Buick Century or LeSabre. These cars have good claim history and the drivers are mostly seniors so the rates are low.

[Kenneth]

Buick Century or LeSabre. These cars have good claim history and the drivers are mostly seniors so the rates are low.

x2 as far as new cars go.

Size and price has little do with insurance ratings. A Camry is cheaper to insure than a Corrola. A BMW 7 series is cheaper to insure than a 3 series.

A GMC Yukon XL is more to insure than a Chevy Suburban even though there identical. The list go's on and on with odd insurance rate discrepancies.

[wt22]

Older 4-door domestic/american car - Neon, Cavalier, etc.

wt22, how old were you when you were driving Civic, and how old are you now? Did you get younger by any chance? :twisted: Or jump 25-yr-old barrier?


Actually I was already over 25 when I had my 2002 civic, only a month ago I upgraded to the 2005 EL and the rates came down by $200.

[Makaveli2k]

my uncle pays just a bit over $50 dollars a monthfor insuranceon his 80 something jeep YJ

[ssainani]

Actually I was already over 25 when I had my 2002 civic, only a month ago I upgraded to the 2005 EL and the rates came down by $200.


the 2005 EL is more expensive to insure than the 2002 civic (although not my much) -- something else made the price come down

maybe like a renewal discount....or other factors

[Bullseye]

In general (with some exceptions as mentioned above), older cars are cheaper to insure, assuming all other factors are the same.

[gilboman]

tarus station wagons are very cheap to insure

[Bullseye]

Also wanted to second that pick up trucks do seem cheap to insure. I've been running a bunch of quotes for my brother, and was surprised that a Corolla was more than an F150!

[yatko]

Most SUV and trucks are cheaper than a passenger car. When picking an older passenger car though factor in whether it has an airbag or not.

[SkiD]

Man, if more people actually looked up information, instead of giving opinions on things that they think are true, maybe there wouldn't be so much wrong information out there.

If you go to the Insurance Bureau of Canada (http://www.ibc.ca) you would find the following phamplet (http://www.ibc.ca/pdffiles/vi/How_Cars_Msr_Up_2005_ENG_Final.pdf) which describes the ratings on 2003-2004 model years that helps determine the premiums on vehicles.

If you go here (http://www.ibc.ca/vehinfo_pub_howcarsmeasureup.asp#howcars) you will find ratings on 1992 - 2004 vehicles.

The biggest thing to remember is, insurance rates are a combination of 3 factors:
1. Your driving record
2. Where you live
3. Vehicle you drive

So changing Item 3, may not make a huge difference in your rates.

[ratface]

Nice post skid, I was about to say the same thing. IBC website actually contains facts on how insurers set prices.

In Ontario, most drivers pay more for accident benefits coverage than they do for coverage on the vehicle, so you are better to pick one that has a high safety rating, rather than a low theft/repair cost.

But at the end of the day, it doesn't make much difference. Drive safe and you will save more $$$ no matter what you drive.

[Div]

In Ontario, most drivers pay more for accident benefits coverage than they do for coverage on the vehicle, so you are better to pick one that has a high safety rating, rather than a low theft/repair cost.
Is fraud playing a role in increased rates?

[ratface]

Not fraud per se, but increased utilization of medical benefits as the *professionsals* representing claimants increase their knowledge of the benefits structure and learn the loopholes and how to maximize their payout. That's my opinion anyway.

[Hula]

1999-2001 Buick Regal GS is probably the best bang for the buck to insure. Considered an older person's car, however has 240 HP and is supercharged. The lower rating will likely not last longer as more folks tend to buy these vehicles now than in the past!

Buick Century is cheaper than dirt to ensure!