Insurance Data Reveals Costliest Vehicles to Insure

You examine car listings and insurance estimates because you want to discover which vehicles are more expensive than they appear. This article demonstrates how insurance data reveals models that usually have higher costs.higher premiums, so you can assess risk before making a purchase or renewal.

Use this guide to identify which vehicles frequently increase your insurance costs and understand why these expenses are significant. It outlines factors that affect premiums within performance, luxury, and SUV segments, so you can be aware of what to look for when evaluating models such as Teslas, luxury SUVs, and high-performance sedans.

Tesla Model S

The Tesla Model S frequently ranks near the top of lists for high insurance costs, due torepair complexityand expensive components. Its cutting-edge technology and aluminum frame lead to higher repair costs, which insurance companies consider when determining rates.

Data indicates substantial year-over-year growth for premium electric vehicles, and the Model S follows this trend. For more information on the increasing popularity of EVsinsurance costsand contrasts, refer to this report onEVs’ insurance trends.

Lexus RX 500h

The RX 500h typically has a higher insurance cost compared to the standard RX models due to the increased expense of repairs and parts associated with its hybrid system.

Insurance companies also charge more for high-performance models that include cutting-edge technology and enhanced performance features.

Typical annual premiumsreported sit in the mid-to-high $2,700 range, although prices differ depending on the state, driving record, and level of coverage.

Buyers should review multiple quotes and verify if insurers offer discounts for hybrid vehicles.

Maserati Ghibli

Ghibli models frequently appear on lists of vehicles with the highest insurance costs due to the significant expenses involved in repairs and part replacements. The cost of luxury components and performance modifications increases claim expenses, leading insurers to charge higher premiums.

Regional regulations also play a role; premiums increase in states that require more extensive coverage orrepair costsProspective buyers should evaluate different quotes and opt for higher deductibles to reduce yearly premiums.

Audi Q7

The Audi Q7 frequently appears near the top ofexpensive-to-insure lists because repair and replacement costsperform above average. Insurance companies consider expensive components, cutting-edge technology, and various trim options when determining rates.

Annual rates typically differ based on the report, with numerous estimates falling between approximately $1,800 and $3,000, influenced by the driver's profile and the vehicle's model year. Motorists can reduce expenses by obtaining multiple quotes, increasing deductibles, and maintaining a clean driving history.

Dodge Charger SRT

The Charger SRT demands higher rates because insurance companies classify it as ahigh-performance vehicle with costly repairs.

Its strong engines and performance enhancements raise the likelihood of accidents and theft, leading to higher insurance costs than standard Chargers.

Drivers may notice considerable differences depending on the trim level and model year, so reviewing quotes is beneficial.

Industry reports indicate that SRT models are among the priciest vehicles to insure, particularly for younger or high-mileage drivers (refer to detailed insurer comparisons).

BMW X5

The BMW X5 typically falls towards the upper range of insurance expenses within the midsize luxury SUV category. Insurance companies consider factors such as repair difficulty, increased part costs, and vehicle value when determining rates, which means newer models or those with performance features usually come with higher insurance costs.

Annual average estimates vary between $2,800 and $3,400 based on trim level and model year, with the M and plug-in performance models generally falling at the higher end. Compare quotes and evaluate options.higher deductiblesor combined deals to get reduced rates from various providers such as MoneyGeek or Insurance.com.

Porsche Cayenne

The Cayenne typically falls towards the upper range of insurance expenses for midsize SUVs. Premiums differ based on trim level, driving record, and location, with some estimates reaching approximately $300 per month and others being less depending on the selected coverage.

Drivers face higher costs when repair and replacement expenses increase, and vehicles with better performance features lead to even higher insurance rates. Checking quotes from different insurance providers can help find the most competitive rate for a specific driver and car model.

Mercedes-Benz GLC

The GLC typically has above-average annual premiums due to elevated repair and parts expenses. Insurance providers indicate that standard full-coverage costs range from $2,500 to $2,700 per year for newer model years.

Rates differ depending on the state and the driver's history, meaning individuals in more expensive states or those with a questionable record will pay a higher amount. Comparing several insurers and looking into available discounts canlower the bill; see detailed rate comparisons such as the one atCarEdge for GLC insurance.

Jaguar F-Type

The Jaguar F-Type usually has higher insurance rates compared to regular vehicles due to being a high-end sports car with costly components and maintenance expenses. Different sources provide varying estimates, with average yearly premiums typically falling between approximately $2,500 and more than $4,000, influenced by factors such as age, location, and driving record.

Buyers who prioritize lower premiumsSome insurance providers categorize the F-Type as a more expensive model, so it's worth comparing companies. You might also look into higher deductibles or pay-as-you-go discounts to lower your premiums. Check detailed insurer reports for specific model rates and variations by state.

Cadillac Escalade

The Cadillac Escalade frequently ranks among the more expensive SUVs to insure, withannual ratesoften exceeds the typical rate for its category. Elements such as expensive repairs, strong engines, and upscale amenities cause rates to increase.

Insurance rates depend on the model year and location; newer Escalades generally have higher insurance costs compared to older models. Comparing quotes from several providers can help drivers secure better rates, as average premiums vary considerably among insurers.