Best Affordable Car Insurance Rates For Different Cars

Best Affordable Car Insurance Rates For Different Cars In America

Best Affordable Car Insurance Rates For Different Cars In America – This article will give you answer to the following questions;

  • What is the National Average Rate for Car Insurance?

  • Car insurance rates by model

  • What cars have the lowest insurance rates?

  • Car insurance cost calculator

  • How To Get Cheapest Car Insurance

  • What are most expensive cars to insure

  • Cheap car insurance quotes

 

What is the National Average Rate for Car Insurance in America?

How much is car insurance in America: The national average rate for car insurance is about $900 each year of coverage, this figure is according to research, information from many state-governing insurance departments, National Association of Insurance Commissioners and other organizations. However, this rate increases or decreases based on some factors like car model and year, location, car situation (whether old or new) etc.

You should be aware that new cars tend to have lower auto insurance rates due to it high safety features unlike old cars. 

 

Car Insurance Rates By Model

Cost of insurance for different car models:  We are giving you cost of insurance for different car models, this is because most searches has been on what cars have the lowest insurance rates?

Please click on each Car Make to get rates for different models according to Finder.com;

 

What Cars Have The Lowest Insurance Rates?

According to TheBalance, below are cars with the lowest insurance rates in America;

  • Mazda CX-3  
  • Honda Pilot LX
  • Fiat 500X Pop
  • Nissan Frontier S
  • Hyundai Tuscon SE
  • Subaru (XV) Crosstrek 2.0l
  • Honda HR-V LX
  • Ford F-150 XL
  • Ford Edge SE

Without going to many stories, there are certain factors that influence the actual insurance price of cars. Factors like car model, location, owner’s age, owner’s driving record, credit scores, prices of car parts as well as the security features of the car like anti theft and anti-collision.  In order to save money on car insurance premium you should also consider cars with these safety features when buying a new car.

Research have shown that customers with good credit scores usually have fewer claims.

 

Car Insurance Policy in America

Most states in America except New Hampshire mandate each driver to carry liability insurance coverage.  This is to ensure that drivers can comfortably cover cost of damage to properties and other people in the event of an accident.  However, there are some states like Wisconsin whose  “proof of financial responsibility” requirements are more flexible.

 

Car Insurance Cost Calculator – How Car Insurance is calculated in America

Auto Insurance Companies make use of several factors when calculating your insurance costs.  They take into consideration factors like; car made and model, security features, driving record, location and your age.   

  •  The IDV (Insured Declare Value) – which is the value of the car estimated by the auto insurance company.  IDV is only used in the comprehensive insurance coverage.  You should know that, IDV decreases overtime as the car depreciates or gets older.
  • Age of the car – the age of the car is another important factor because as the car gets older, it has a higher depreciation which may indicate higher premium.

 

How To Get Cheapest Car Insurance

There are certain things that can enable you get cheaper car insurance rates, like Credit Score, etc.  See them here: 11 Sure Ways On How To Get Cheapest Car Insurance In America

 

What are most expensive cars to Insure?

Below is a list of 25 most expensive cars to insure

  1. Kia Forte – Annual average insurance paid: $1,155.82
  2. Mercedes-Benz C class four-door 2WD – Annual average insurance paid: $1,157.34
  3. Nissan Versa – Annual average insurance paid: $1,157.59
  4. Nissan Sentra – Annual average insurance paid: $1,165.05
  5. Lexus IS 350 four-door 2WD – Annual average insurance paid: $1,167.11
  6. Audi A4 four-door 2WD – Annual average insurance paid: $1,169.13
  7. Land Rover Range Rover Sport four-door 4WD – Annual average insurance paid: $1,173.05
  8. Infiniti Q50 four-door 4WD – Annual average insurance paid: $1,182.32
  9. Dodge Dart – Annual average insurance paid: $1,187.55
  10. Kia Rio – Annual average insurance paid: $1,191.26
  11. Nissan Maxima – Annual average insurance paid: $1,237.68
  12. Scion tC – Annual average insurance paid: $1,237.74
  13. Chrysler 200 2WD – Annual average insurance paid: $1,261.87
  14. Scion iA – Annual average insurance paid: $1,274.51
  15. Ford Mustang two-door – Annual average insurance paid: $1,291.53
  16. Lexus GS 350 four-door 2WD – Annual average insurance paid: $1,295.44
  17. BMW 4 series two-door 2WD – Annual average insurance paid: $1,306.51
  18. Audi A7 four-door 4WD – Annual average insurance paid: $1,322.51
  19. Dodge Challenger – Annual average insurance paid: $1,335.79
  20. Kia Optima hybrid – Annual average insurance paid: $1,355.13
  21. Dodge Charger 2WD – Annual average insurance paid: $1,385.61
  22. Scion FR-S – Annual average insurance paid: $1,403.67
  23. Mitsubishi Lancer 2WD – Annual average insurance paid: $1,458.48
  24. Mercedes-Benz S class four-door LWB 2WD – Annual average insurance paid: $1,540.63
  25. Tesla Model S four-door electric 4WD – Annual average insurance paid: $1,789.48 – Credit: USAToday

 

Cheap Car Insurance Quotes

Who offers the cheapest car insurance?

Who has the cheapest full coverage insurance?

Can I get a car insurance quote without a car?

The questions above could be what you are seeking answers to, we will try to provide accurate and most complete answers.

Who offers the cheapest car insurance?

Below are the auto insurance companies with the cheapest car insurance rates.

Rank    Company                 Annual Rate

1          Erie                                $1,052

2          GEICO                          $1,067

3          American Family       $1,099

4          Auto Owners               $1,201

5          Progressive                  $1,241

6          Farmers                       $1,249

7          State Farm                  $1,372

8          State Auto                  $1,397

9          Nationwide                $1,404

10         Allied                          $1,470

11         Allstate                       $1,718

12         Safe Auto                   $1,855

13         MetLife                      $1,957

14         Victoria                      $2,057

15         Encompass                $2,129

 

Who has the cheapest full coverage insurance?

A study was recently performed by Cheapfullcoverageautoinsurance on companies willing to offer cheapest full coverage car insurance from a wide range of drivers in both the most expensive and cheapest states.

Driver Cheapest in Cheapest State Cheapest in Most Expensive State
Clean Driving Record $39 mo. (Progressive) $144 mo. (Travelers)
One Speeding Ticket $48 mo. (Progressive) $136 mo. (Allstate)
Poor Credit Score $57 mo. (Geico) $233 mo. (Geico)
Two Accidents $67 mo. (Progressive) $201 mo. (Allstate)
Expensive Car $84 mo. (Progressive) $175 mo. (Travelers)
Young Driver $87 mo. (Geico) $197 mo. (Geico)

Credit: Cheapfullcoverageautoinsurance

 

Can I get a car insurance quote without a car?

This question was raised in Quora.com, and a very complete answer was given.

“You can absolutely get a car insurance quote without a car. In fact, it is good financial practice to obtain insurance quotes before a final buying decision for a car. … Though not the largest factor in what your insurance will cost, some Make and Model vehicles can be significantly lower or higher to insure”.

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