The Most Expensive Car To Insure

Auto Insurance Premiums

When your auto insurance company is determining your auto insurance premiums, the faster your car can go, the more you will be paying each month. Nissan has recently released the most expensive car to insure on the road, the GT-R Nismo.

The 2015, 600 horsepower GT-R Nismo has a price tag of $150,000, and costs an average of $3,574 to insure each year. However, it is important to keep in mind that the actual cost to insure the GT-R varies from state to state. Someone driving the GT-R in Montana will pay around $6,600 a year, while someone driving the same vehicle in Hawaii will only pay just over $2,000 on average. The GT-R is followed by the 621 horsepower Mercedes-Benz SL65 AMG convertible and the 645 horsepower Dodge SRT Viper as the second and third most expensive cars to insure.

Since people who purchase vehicles with enough power to reach high speeds will most likely test their skills at some point, insurance companies have to charge higher premiums for the increased risk. The higher premiums also come from the much higher cost to repair these vehicles if they are damaged during an accident.

If you are looking to save money on your auto insurance rates, look for a vehicle that is inexpensive to repair and has a low claims history. Some of the cheapest cars to insure include the Jeep Wrangler Sport, Jeep Patriot Sport, and Honda CR-V LX.

No matter what type of vehicle you are driving on the road, having the right auto insurance policy will help to ensure that you stay safe from any unfortunate situation that you encounter. Contact the insurance professionals at The Insurance Shop in White Bear Lake, Minnesota for all of your auto insurance needs. We will work with you to ensure that you have the coverage that you deserve at the right price.