Insurance Rates Car Vs Suv

In general an suv is a more expensive vehicle than a truck of a similar class made in the same year.

Insurance rates car vs suv. The toyota rav4 is slightly on the expensive end to insure compared to the other suvs surveyed. Get free car insurance quotes certainly the reasons above don t apply all the time. Comparing auto insurance premiums very generally between sedans and suvs the cheapest premiums you could find would probably be for a utility vehicle. Insurance rates are based in large part on the value of the vehicle being insured.

Premiums are generally lower for a 30 000 mid sized sedan than a more expensive suv according to the iii making it more expensive for an insurer to replace. In fact according to a recent highway loss data institute hldi survey the cheapest vehicle to insure for 2009 is an suv the 2009 hyundai santa fe. While the average cost of an suv far surpasses that of a sedan car insurance costs may also differ substantially. Truck factor might affect insurance rates in a meaningful way is the cost of the vehicle in question.

Although rates will depend on your car insurance company and model suvs are typically 314 per year cheaper to insure than sedans. We pulled insurance quotes from six major insurance companies and averaged the premiums so you have an accurate estimate of what it costs to insure the car of your. For the most part even though the comparison of rates was done over many companies and cars it probably isn t a coincidence that many of the cars in the top ten are family type cars with strong safety features and technology. Next up is another suv the 2009 kia sportage.

Shop around for rates every insurance company is different and will assess their risk with a formula known only to them in closing i have provided a list of the cheapest sedans and suvs to insure in canada. One place the suv vs. In addition to its 25 950 list price the rav4 carries an average monthly auto insurance premium of 129 774 for a six month policy or an annual cost of 1 548. Cheap car insurance and driver profiles.

One interesting factor in all the cheapest cars to insure is the profile of driver. The lowest rates for the ford explorer was higher at 1 923 per year but the average rate was 3 587. Everyone knows that someone who drives a 2011 porsche carrera gts with 408 horsepower will have a higher car insurance bill than someone who drives a 1997 toyota corolla with 100 horsepower.