The Most and Least Expensive Vehicles to Insure

Each year Insure.com releases the ranking of the most and least expensive vehicles to insure after comparing the auto insurance rates in every state for more than 2,300 models. Surprisingly, a vehicle’s price tag does not necessarily correspond to its premium rate.

The most expensive car to insure is Mercedes S65 AMG at a $3,835 annual premium, and the cheapest vehicle to insure is Honda Odyssey LX at a $1,112 annual premium. If you are into supercar car and speed you will pay more to insure. Conversely, if you drive family-friendly vehicle with high crash rating you will pay a little less in premium. Insurance companies know that the driver carrying children tends to be more cautious than the person driving a muscle car.

Least expensive vehicles to insure

When it comes to cheap vehicles to insure, the Honda Odyssey LX stays in the No. 1 spot. Minivans have always been popular on the inexpensive to insure list. Minivans are loaded with safety features and garner high safety ratings (the Odyssey was awarded an overall five-star crash rating from National Highway Traffic Safety Administration) and are primarily driven by a parent hauling children around. All of these factors are music to an insurance company’s ears, safety features, great safety rating and extra cautious drivers lead to fewer accidents, fewer claims and lower rates.

Most expensive vehicles to insure

On the opposite end of the spectrum, the most expensive cars to insure list is mainly made up of sports cars that are designed to be driven fast or high-end (think very expensive) luxury cars. As usual, Mercedes dominates the most expensive to insure category with nine vehicles in the top 20. The most expensive car to insure is Mercedes S65 AMG and the second most expensive car to insure is Dodge GTS Viper.