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Sunday, October 24, 2004
Most and least expensive cars to insure Wondering which cars are going to cost you the most in premiums and which might help you get a better insurance deal? The Highway Loss Data Institute evaluates the cost to insurance companies from theft, collision and injury claims associated with various models. If you own a convertible Porsche Boxster, you'll likely do better on the theft portion of your coverage than if you own a four-door Dodge Stratus. Boxster owners face a lower than average chance of theft-related claims, while the odds with the Stratus are three times the norm. And even though the 2002 Lexus IS 300 gets a "best pick" rating from the Insurance Institute for Highway Safety for its performance on crash tests, previous years' models of the same car are some of the most costly in terms of collision claims. "One of the factors that comes into play there is the cost of repairing an expensive vehicle," says Russ Rader, with the Insurance Institute for Highway Safety. Read Full Story |
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