Very Cheap Auto Insurance - Tips That Guarantee Affordable Car Insurance Rates

Wednesday, July 1, 2009

Cheap Car Insurance: Save Over $1200 Annually for the Next Five Years

By Paul Amador

Anyone who is considering the purchase of a new vehicle has many decisions to make. They have to decide whether they want to buy a new or pre-owned vehicle. They also have decisions regarding the make and model of the car, the options they prefer and more. However, there is also another matter that has to be considered: insuring the vehicle. If a person is interested in cheap car insurance, annual insurance premiums can be had for right around four thousand dollars. However, some of the most expensive vehicles to insure will cost the owner over ten thousand per year. It all depends on the type of vehicle that is chosen.

For a comprehensive view of the vehicles that currently command the highest dollar amount in insurance premiums and those that command the cheapest car insurance, you can check out the following table that presents the information in detail. Research provided by Insurance.com is the source of the information in the table. The table presents the cheapest and most expensive premiums per year for vehicles in the following groups: Trucks, Vans/Wagons, Crossovers/SUVs, Passenger Cars and Sports Cars. The groups are also classified as Large, Midsize or Small vehicles.

The following table details the most and least expensive annual premiums in each group:

Group Highest Premiums Cheapest Premiums

Lg. Crossover/SUV: Mercedes-Benz G-Class $2,088 Hyundai Veracruz $977

Midsize Crossover/SUV: Infiniti EX $1,306 Hyundai Santa Fe $832

Small Crossover/SUV: Mazda Tribute Hybrid $ 1,372 Kia Sportage $840

Lrg. Passenger: Audi S8 $2,071 Pontiac Grand Prix $902

Midsize Passenger: Audi S6 $1,571 Subaru Legacy $962

Small Passenger: Volkswagen Eos $1,198 Kia Rio5 $870

Small Sports Car: Dodge Viper convertible $2,580 Mazda MX-5 Miata $1,017

Lrg. Truck: Cadillac Escalade EXT $1,592 GMC Sierra2500HD $1,013

Midsize Truck: Dodge Dakota $1,279 Ford Expl Sport Trac $1,070

Small Truck: Chevrolet Colorado $1,147 Mazda Truck $957

Lrg. Van/Wagon: BMW 5-Series Sports Wagon $1,153 Chevy Uplander $831

If you are interested in owning the large Mercedes Benz G-Class Sport Utility Vehicle, then get ready to pay over two thousand dollars each year in auto insurance premiums. It happens to be one of the most expensive vehicles listed in the table to insure. Yet, it is not the most expensive. The most expensive vehicle on the list to insure is a sports car. The Dodge Viper Convertible will cost you a considerable $2,580 each year in premiums which is definitely not cheap car insurance.

Believe it or not, the most expensive large and mid size passenger cars to insure are made by Audi. The Audi S8 requires over two thousand dollars per year in insurance premiums to be paid. The smaller Audi 6 has an annual premium rate of a little more than fifteen hundred dollars. Surprisingly, a much larger vehicle, the Cadillac Escalade EXT, has annual insurance premiums that are only slightly more than the Audi S6, which is a much smaller vehicle. This could be considered cheaper car insurance when you think about the vehicle.

The size of the vehicle doesn't really dictate the amount of the annual insurance premiums. For example. you can insure a vehicle such as the BMW 5 Series Sports Wagon, which is part of the Large Van and Wagon group for $1,153, which seems quite reasonable. However, if you really want the cheapest annual insurance premiums, go for the Chevrolet Uplander which is also from the Large Van and Wagon category and insures for $831 per year.

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