What is the most expensive car to insurance?

What car brand has the highest insurance?

The most expensive car to insure in 2025 is the Maserati Quattroporte, with an average insurance premium of $6,166 per year, according to Insure.com's data study. The Maserati Quattroporte Trofeo is the most expensive car to insure for young drivers, whereas the Chevrolet TrailBlazer is the cheapest car to insure.

What price is considered a luxury car?

However, there is no price threshold to qualify a vehicle as luxury. Even within luxury vehicles, there is a huge range of prices, often depending on the make, model, features, and amenities available.

Is it cheaper to insure a sedan or SUV?

In fact, insurance for a midsize sedan may cost an average of $237 more per year than a midsize SUV. And based on IIHS-HLDI's data, sedans tend to have a higher bodily injury claims frequency than SUVs, so they may be considered riskier and therefore more expensive to insure.

Why are kias so expensive to insure?

While both brands are known for their affordability, reliability, and popularity among consumers, certain factors have made them targets for theft and subsequently increased insurance premiums. Thefts of Kia and Hyundai vehicles has increased by 1000% since 2020 per this article on CNN.

Is an old car cheaper to insure?

In general, auto insurance for older cars may be cheaper than insuring newer vehicles of the same make and model if the used car is cheaper to repair or replace. A car depreciates in value over time, which lowers the maximum amount an insurance company would have to pay in the event of an accident.

At what age is car insurance most expensive?

The Insurance Institute for Highway Safety reports that teen drivers are four times more likely to get into a car crash than drivers 20 and older. As a result, car insurance companies view young drivers as the most risky to insure. Drivers ages 16 to 24 tend to face the highest premiums compared to other age groups.

Is Geico more expensive than Progressive?

GEICO is cheaper and has better ratings than Progressive. Your experience with GEICO and Progressive will vary based on individual rating factors.

What happens if your car gets stolen and you have full coverage?

Downey drivers whose cars are stolen in Califonia will have car theft insurance if they have comprehensive coverage. That should cover you up to the Actual Cash Value (ACV) of your vehicle. If your car is damaged due to a break-in, you'll also be covered.

Is a newer car cheaper to insure?

New cars normally have a higher market value compared to used cars, which often results in higher insurance costs. Insurers must account for the potential payout in case of a total loss, making it more expensive to insure a higher-valued vehicle.

Which value is it best to insure a car?

Ultimately, there isn't a right or wrong answer when it comes to deciding between market value or agreed value car insurance, and it really depends on a few factors: how you value your car in relation to the market, how much you want to spend on premiums and the age of your car.

Why won't insurance cover Kia?

Long story short: the reason insurance companies no longer want to cover these models from these two particular makes is that they think they are too easy to steal. The issue came to the forefront in July of 2022 when people stealing Kias using only a flathead screwdriver and a USB cable became a trend on TikTok.

Which Kia models are stolen most?

According to the data, the Kia Soul, Kia Forte and Kia Sportage were reported stolen over 21,000 times, over 16,000 times and over 15,700 times, respectively. The Chevrolet Silverado 1500, Honda Accord, Honda Civic, and Ford F-150 Series pickup were also included on the list.

What are the cons of Kia?

What car brands are cheapest to insure?

The Honda CR-V, Mazda CX-5, Jeep Wrangler and Subaru Outback are the cheapest cars to insure. All three have full coverage rates under $250 per month, on average.

What car is most expensive to insure?

Is AWD more expensive to insure?

All-wheel drive (AWD) and four-wheel drive (4WD) systems are more complex and costly to repair than standard front-wheel drive systems. That means your auto insurance rate may be higher for an AWD or 4WD vehicle.

Which is the cheapest luxury car?

What is considered too expensive for a car?

It's generally recommended that you cap transportation expenses at 10% of your monthly income. Beyond the sales price, also budget for expenses like repairs, registration, and insurance.

Do millionaires buy expensive cars?

The rich are known for spending their money on luxury. It might come in the form of mansions in desirable neighborhoods or on exotic trips in locations that only the uber-wealthy can afford. However, one thing the rich typically do not purchase in terms of luxury is cars.