Is insurance higher for different cars?
Mia Phillips
Published Jan 19, 2026
New cars are more expensive to insure than old cars, generally speaking. That’s because newer cars are usually worth more than older cars. If you’re in an accident in an old car, the resulting repairs will often be cheaper than they would be if you were in a new car.
What are some automobile insurance rate factors?
Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.
Which cars are most expensive to insure?
The Tesla Model S Performance is the most expensive car to insure among top-selling 2021 vehicle models….The Most Expensive Cars to Insure.
| Vehicle | Average Annual Premium |
|---|---|
| Dodge Ram 1500 Rebel | $2,015 |
| Lexus RX 350 | $2,105 |
| Nissan Altima 2.0 S | $2,130 |
| Tesla Model 3 Standard Plus | $2,447 |
Is car insurance cheaper with multiple cars?
Pricing: Most insurers offer a fairly big multi-car discount. While it varies by insurer, you can expect savings of 10% to 25% with a multi-car policy. When compared to other discounts such as paperless policies or good student discount (these are often in the 5% to 10% range) a multi-car discount is significant.
What is the most dangerous color car to drive?
black vehicles
Some research has revealed that black vehicles are the most dangerous on the road. At least one study found that you’re 47 percent more likely to be in a crash if you drive a black vehicle. Other studies also find that black is the most dangerous color, but offer a more reserved projection.
How much does auto insurance cost per month?
Full coverage auto insurance for one of these 10 vehicles costs about $126 a month, on average. That’s $9 a month cheaper than the national average cost of car insurance. Here’s the average insurance rate for each of the 25 best-selling vehicles, along with the starting manufacturer’s suggested retail price of a 2019 model.
Why do car insurance rates vary so much?
Some of these factors may surprise you. When it comes to car insurance, two people who may look similar on the surface could pay wildly different premiums. This is because so many different variables affect our car insurance rates. Some of these factors are in your control, but others are not. So why do car insurance rates vary so much?
Which is the cheapest car to insure on the market?
Conversely, the cheapest cars to insure tend to have fewer, lower-cost claims. It might not be surprising that the Subaru Outback and Honda CR-V are the cheapest models to insure. After all, both vehicles are top safety picks, according to the Insurance Institute for Highway Safety, or IIHS. Still, no one factor determines your car insurance rate.
Is it cheaper to insure a car or a house?
While you might expect a cheaper car to have a lower insurance rate, that’s not always the case. Car insurance rates vary, sometimes significantly, depending on the kind of vehicle you drive (among other factors).
