| Most and least expensive cars to insure
By Dana
Dratch • Bankrate.com Wondering
which cars are going to cost you the most in premiums and which might help you
get a better insurance deal? The Highway Loss Data Institute evaluates the cost
to insurance companies from theft, collision and injury claims associated with
various models. If you own a convertible Porsche Boxster,
you'll likely do better on the theft portion of your coverage than if you own
a four-door Dodge Stratus. Boxster owners face a lower than average chance of
theft-related claims, while the odds with the Stratus are three times the norm. And
even though the 2002 Lexus IS 300 gets a "best pick" rating from the
Insurance Institute for Highway Safety for its performance on crash tests, previous
years' models of the same car are some of the most costly in terms of collision
claims. "One of the factors that comes into play there
is the cost of repairing an expensive vehicle," says Russ Rader, with the
Insurance Institute for Highway Safety.
Here's
a run down of how insurance companies could see your car, based on 2000-2002 HLDI
data: Models that are
among the most expensive for theft claims include:
Cadillac
Escalade four-wheel drive
Chevrolet Corvette Convertable
Lincoln Navigator
four-wheel drive
Jeep Cherokee four-door
BMW 3 series Convertable Models
that are among the least expensive for theft claims include:
Buick LeSabre
Buick Park Avenue
Volvo V70 Station Wagon
Mercury Grand
Marquis four-door
Models that
are among the most expensive for injury claims include:
Suzuki
Esteem four-door
Kia Rio four-door
Mitsubishi Mirage two-door
Kia
Sepectra four-door Models that are
among the least expensive for injury claims include:
GMC Sierra 2500
two-wheel drive
Chevrolet Silverado 2500
GMC Yukon XL 1500 four-wheel
drive
GMC Sierra 2500 four-wheel drive
Chevrolet Tahoe two-wheel drive Models
that are among the most expensive for collision claims include:
Subaru Impreza WRX four-wheel drive four-door
Lexus IS 300 four door
Hyundai Tiburon two-door
Porche 911 Coupe
Acura RSX Models
that are among the least expensive for collision claims include:
Ford Excursion two-wheel drive
GMC Safari four-wheel drive
GMC Sierra
2500
GMC Yukon XL 1500 four-wheel drive
Source:
The Highway Loss Data Institute Dana
Dratch is a freelance writer based in Atlanta.
Amy C. Fleitas contributed
to this story. -- Updated: Oct.
24, 2003 | 
