1.    Porsche 911 –

If you can afford to buy this car in the first place, you probably want have a hard time keeping it insured. It can be known as one of the most expensive cars to receive insurance on. This is because it is not only a sports car; it is an extremely fast sports car.

2.    Subaru Impreza WRX –

This is another one of the most expensive cars to keep insured. It is considered to be a sporty car. When these cars can go very fast and can be modified easily, they are generally very expensive to keep insured.

3.    Honda Odyssey –

This minivan is on the complete opposite side of the spectrum. This is considered to be one of the cheapest vehicles to get insurance on. This is probably because it is considered a mommy-mobile that is pretty safe in all sorts of driving conditions.

4.    Buick Rendezvous –

This is a four door “grandma” car that is considered to be the cheapest car out there to have insurance on. It is long like a boat and can probably run another over. The reason the insurance is so cheap is because you probably don’t have to worry about any damage being done to this tank of a car.

5.    Mercedes CLS Class –

This is on the more expensive side of the spectrum. The Mercedes cars are considered luxury cars. When you purchase an expensive car, you can bet the insurance will be expensive as well. This is because it can be difficult to make any repairs on these cars.

6.    Dodge Charger –

This sporty muscle car is on the most expensive list because they are known for racing these cars. They have huge motors that are great for street racing. A lot of the users race these cars because of the mean and rugged look and sound they have. Insuring a race car can be pretty expensive.

7.    Subaru Outback –

This is a station wagon looking vehicle. The station wagon cars are cheaper to insure because they are usually used as family cars. The soccer moms will use these to carpool their children around.

8.    Chrysler Town and Country –

This is another one of the “grandma” cars that can be considered a tank. These are extremely long and do not go too fast. They are meant for a leisure driver who just needs to get from point A to point B. This insurance is reasonably cheap for one of these kinds of cars.

9.    Nissan 350Z –

This is another one of the sports cars that are known for going fast and racing. Whenever a vehicle has a reputation of racing, the insurance companies will be able to jack up the prices. Insuring one of these vehicles could essentially cost you an arm and a leg.

10.    Ford Five Hundred –

This is one of the luxury cars of Ford. It has a smooth look and feel and doesn’t go very fast. The slower the car can go, the less money you will have to spend on insurance.
To find the best insurance for your vehicle, remember to shop around from company to company. If you have a bright red racing sports car, be prepared to spend a lot of money when it comes to the insurance policy.

Damage You Cause or Receive

In an accident involving your car, three different types of damages may occur. Firstly, your own car may receive huge damage that will lead to considerable repair or replacement cost. Secondly, you may cause damage to the vehicle of the other driver involved in the accident. Finally, you may cause damage to the public property.

Costs for covering all these damages will be entertained by the car insurance company only if you have the right type of insurance cover. Liability coverage, collision coverage, property damage liability and physical damage coverage are among the car insurance types that you must have to pay for these costs.

Injuries You Cause or Receive

A car accident may not only lead to the vehicle or property damage, but it may also result in injuries. You must understand that the medical treatment costs are continuously rising and you may find it impossible to pay for getting suitable medical attention. To deal with such situations, you will require car insurance covers that will entertain the costs to avail medical treatment for personal injuries and also for the injuries caused to others. Bodily injury liability and personal injury protection are the two types of car insurance policies available in this direction.

Losses Not Caused by Accident

Apart from a road accident, there are many other possible ways in which your car may receive damage and losses. For instance, damage may be caused by weather conditions and natural disasters. Losses due to fire and vandalism too are commonly reported by the car owners from all over the world. Finally, your car may get stolen. All these losses call for the need of car insurance policies that provide protection against them. Comprehensive car insurance policies are the most appropriate options in this regard. Fire and theft coverage too exists for getting this type of protection.

Insufficient Car Insurance Cover

You may have adequate car insurance covers to entertain all types of damages and losses. What if the driver of the other vehicle involved in the accident is at fault and has inadequate motorist protection? This is a situation that brings two important car insurance policies into notice. Uninsured motorist protection and underinsured motorist protection policies are what will help you in such situations.

Current Car Value

Many car owners ignore the fact that the value of their cars starts depreciating after 3 months of the purchase. This means that if your car is involved in an accident after three months of the purchase; your insurance company will provide cover according to the current market price of your car. If you are paying the instalments, the money you receive from the insurance company may fall short of the money you still have to pay off. You will have to pay the remaining money from your own pocket. Consideration of such a situation has resulted in another popular car insurance policy called gap insurance.

As the owner of a car, you must carefully choose the car insurance covers that will cater to all these factors. The overall car insurance cost can be reduced by comparing various deals and by following some intelligent steps.

You Purchased a Car without Considering Insurance Cost

Car buyers usually overlook the cost of car insurance while buying their new cars. Needless to say, expensive cars demand higher insurance costs. Sports cars too are expensive ones in terms of insurance. It would have been better if you evaluated the insurance costs of different car models before finalizing one.

You Spent on Wrong Car Accessories

Adding accessories like expensive music systems and noisy exhausts further add to the cost of getting the car insured. On the other hand, adding accessories like security alarms and locks can decrease the insurance cost. You should have wisely chosen the accessories that would have made your car safer and contender for lower insurance costs.

You Didn’t Control Your Credit Performance

Your bad credit score must have had the negative effect on your car insurance rate. You should have known that insurance companies take a deep interest in evaluating the credit reports of the car insurance buyers. Maintaining a good credit score is possible by paying bills on time and keeping a check for errors in the credit reports. If you failed to follow these rules, you may not be enjoying the best insurance rates today.

Insurance Agent Convinced You with First Insurance Quote

If your insurance company succeeded to convince you on the very first insurance quote, they are indeed the smart profit makers. You should have settled at a car insurance quote only after comparing a number of insurance quotes. Comparison shopping is a useful tool to find the best car insurance quote.

You Chose to Pay in Installments

If you decided to divide the car insurance premium into monthly installments, you must be regretting your decision. Interest is charged on monthly installment plans that can significantly add to the insurance costs. A better choice would have been to pay the premium up front in one go. In other words, paying annual premium is a cost-saving option than monthly installments.

You Didn’t Look for Discounts

Car owners often remain ignorant towards the car insurance discounts that most of the insurance carriers offer these days. Low-mileage discounts, group insurance discounts, senior citizen discounts, student discounts and airbag discounts are among the offers that would have lowered down your insurance cost. If you didn’t know about them, you certainly failed to take their advantage.

You Bought Separate Insurance Policies for Two Cars

You are spending more on car insurance, if you have two separate insurance policies for your two cars. Your insurance agent may have cleverly forgotten to inform you about this and you are paying the price for that. You should have researched and found that insuring two cars with same policy can save you from paying extra.

You Objected on Higher Deductibles

As an uninformed car insurance buyer, you must have preferred to keep your deductibles low to let the insurance company contribute more. The fact is that you lost the chance of enjoying lower car insurance rate by not allowing higher deductibles. It is a known fact that higher the deductibles, lower is the car insurance policy cost.

You Saved on Driving Course

Car owners consider joining a driving course as a way to waste money. If you are one among them, you should have known that obtaining credentials from such courses can actually help in finding the best car insurance quotes. Insurance companies are happy to offer cheap car insurance policies to those who undergo these courses.

You Opted for High Coverage on Old Car

False calculations often mislead the car owners and they end up buying expensive coverage for their old car models. Collision and comprehensive covers can be easily ignored for the cars that are older than 7 years. It is easy to understand that getting these cars repaired can cost more than their market prices.

If you relate to one or more of these points, you must seek the chances to improve your mistakes. Be an informed customer by obtaining knowledge about the prevailing car insurance trends in your region.