Insurance Rates by Car Make

Why Does My Car Affect My Rate?

Insurance companies analyze decades of crash data to determine how likely your specific make and model is to be involved in an accident, stolen, or costly to repair. A $80,000 luxury vehicle will naturally cost more to insure than a $25,000 family sedan.

Insurers look at three main factors for every vehicle:

• Safety Ratings: Vehicles with top crash-test scores lead to fewer injury claims.
• Repair Costs: Cars with expensive or imported parts cost more to fix after an accident.
• Theft Rates: Some models are stolen more frequently, raising comprehensive premiums.

Makes That Are Typically Cheaper to Insure

Vehicles known for safety, reliability, and low repair costs usually yield lower premiums:

• Subaru: Known for top-tier safety ratings and standard all-wheel drive.
• Honda: Highly reliable with abundant, affordable replacement parts.
• Toyota: Consistently ranks high for safety and holds resale value well.
• Volvo: Historically built around safety engineering, lowering personal injury claims.
• Mazda: Affordable parts and strong safety features keep rates competitive.

Makes That Are Usually Expensive

High-performance cars, luxury brands, and vehicles with expensive proprietary parts carry higher risks for insurers:

• Luxury Brands (BMW, Mercedes, Audi): Expensive parts and specialized labor for repairs.
• Sports Cars (Mustang, Camaro): Statistically more likely to be driven at high speeds.
• Electric Vehicles (Tesla): Battery replacements and specialized repair networks can be costly.
• Large SUVs (Escalade, Navigator): Cause more damage in accidents, raising liability costs.