A Look at the Cheapest and Most Expensive Cars to Insure in Ohio and Around The Country In 2011

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At the end of the year, companies come out with statistics regarding the best deals for consumers in the prior 12 months.  Car insurance is no exception.  From a look at current studies, here are the facts about the cheapest and most expensive cars to insure. 

Overall Cheapest and Most Expensive Cars to Insure

Three companies, InsWeb, Edmonds.com and Insure.com have recently come out with results about the cheapest and most expensive cars to insure in 2011.  Overall, the least expensive vehicles to top the lists are minivans, wagons and Small SUV’s.   Not surprisingly, the most expensive are luxury and sports cars.  Overall, family cars cost less to insure than flashier luxury or sports cars, according to the Insurance Institute for Highway Safety.     

Coupes, Sedans and Trucks Are Cheap To Insure

Edmonds.com released a rundown of the types of cars with the lowest insurance costs.  Among coupes, Edmonds.com cited the Kia Forte, Chevrolet Cobalt and the Honda Civic.  As for Sedans, the Chevrolet Aero, Volkswagen Jetta, and Suzuki SX4 top the list of cheapest to insure.  Edmonds.com also reviewed trucks and found the GMC Canyon, Ford Ranger and Chevrolet Colorado to be the cheapest to insure.  They based their data, in part, on national average annual premiums paid for coverage, projected out to five years.

Which Minivan is the Best Deal to Insure?  

Insure.com also released results of a study of the least expensive cars to insure.   Leading in their study was the Chrysler Town and County Lx minivan, with an annual average premium of $1,092.  Experts also expect the Dodge Grande Caravan to be equally as affordable. 

SUV/Minivan crossover

InsWeb Corporation found the Kia Sedona, an SUV/minivan crossover to the best least expensive SUV/minivan vehicle to insure. 

Most Expensive To Insure

In the most expensive category, Insure.com found the Mercedes-Benz SL65 AMG roadster to be the most expensive to insure with an annual premium of $3,544 for a safe, single driver buying coverage.   InsWeb and Insure.com cited the sporty Acura ZDX as one of the most expensive cars to insure.

If you are thinking about purchasing a new car in the new year, these studies should serve as a guide when making your choices for the most affordable option to fit your monthly budget.

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