The Porsche Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models, according to Insure.com’s annual ranking of average car insurance premiums. According to the company’s ranking, a 40-year-old male would pay a national average of $2,943.78 for car insurance annually — and that’s assuming the driver has a good driving record.
On the other end of the scale is the Mazda Tribute I (2WD four-door SUV) — the least expensive 2010 vehicle to insure among the more than 2,400 vehicles examined. Annual premiums on the Tribute average $1,070.25.Looking across other categories, the Dodge Caliber is the least expensive passenger car to insure ($1,196 annual premium), the GMC Canyon WT (2WD 2 Door 2.9L) is the least expensive pickup to insure ($1,152 annual premium), and the Honda Odyssey LX (5 Door 2WD SOHC) is the least expensive minivan to insure ($1095.26 annual premium).
To arrive at the average premiums, Insure.com commissioned a study from Quadrant Information Services that calculated premiums for a 40-year-old male driver using car insurance rates from six large carriers in 10 ZIP codes per state. Not all models were available for calculating average rates, such as exotic Bentleys and Lamborghinis — although the company said agents and drivers could assume such vehicles carry hefty insurance bills.
Averages are based on a single 40-year-old male driver who commutes 12 miles to work, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. The policy includes uninsured motorist coverage. Rates were averaged across 10 ZIP codes in each state and six major insurance companies.
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