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Most expensive cars to insure

It doesn't take a rocket scientist to identify which cars would cost the most to insure -- start with the Ferraris, Lamborghinis and Porsches. Duh!

But they're limited-production cars and people who own them certainly are not concerned about the price of insurance.

We've gone a step further, also bypassing other obviously expensive-to-insure lines such as the Mercedes, Jaguar, Corvette, BMW, Cadillac and Lexus.

Instead, here's a rundown on the most expensive cars to insure that the average American might be driving or considering for their next purchase -- those that cost less than $40,000 -- as researched by Runzheimer International, a Rochester, Wis., consulting firm which reviewed insurance costs on vehicles priced under $40,000.

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Model
Annual Premium
Value
Ford Mustang GT convertible
$2,363
$28,640
Honda S2000 convertible
$2,363
$33,250
Chrysler Sebring
$1,788
$24,045
Toyota Celica GTS
$2,114
$22,750
Mitsubishi Eclipse Spyder GTS convertible
$2,114
$27,144
Dodge Neon SRT-4
$2,028
$20,955
VW Passat W8
$1,856
$39,735
Honda Civic Hatchback
$1,788
$19,560
Subaru Impreza WRX AWD Turbo
$1,788
$25,170
Volkswagen GTI VR6
$1,788
$22,070

(Rate estimates are based on liability coverage of $100,000 per person, $300,000 per incident for bodily injury and $50,000 for property damage; $100,000 and $300,000 for uninsured motorist coverage; and deductibles of $250 for comprehensive coverage and $500 for collision.)

See also:

Main story: Car's affordable, why isn't the insurance?

Plus: 10 cheapest cars to insure

 
-- Posted: Aug. 3, 2004
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See Also
Main story: Car's affordable, but is the insurance?
Plus: 10 cheapest cars (under $40,000) to insure
19 ways to save on auto insurance
Insurance glossary
More insurance stories

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