Report Ranks Most and Least Expensive Automobiles to Insure

March 23, 2006

Darien, Ill.-based Insure.com has released its second-annual report naming the Top 10 Least Expensive Autos to Insure for 2006, along with its companion report, The Top 10 Most Expensive Autos To Insure.

The top 10 least expensive vehicles for 2006, in order, include: Chrysler Town & Country, Chevrolet Cobalt, Dodge Caravan, Chevrolet Impala, Ford Taurus, Ford Econoline, Jeep Grand Cherokee, Chevrolet Malibu, GMC Sierra Pickup and Toyota Corolla.

The top 10 most expensive vehicles in insure in 2006 include: Ford F-Series Pickup, Dodge Ram Pickup, Ford Explorer, Honda Civic, Chevrolet Silverado-C/K Pickup, Toyota Camry, Honda Accord, Chevrolet Trailblazer, Nissan Altima and Ford Focus.

Culled from a list of the 20 best-selling cars and small trucks in the U.S., Insure.com determined that the three least expensive autos to insure — encompassing both 2005 and 2006 model years — consisted of the Chrysler Town & Country Mini-Van, Chevrolet Cobalt and Dodge Caravan.

At the other end of the spectrum, the three most expensive autos to insure are the Ford F-Series Pickup, Dodge Ram Pickup and Ford Explorer sports utility vehicle (SUV).

The Insure.com report is geared to help facilitate the car-buying experience for individuals who are in the market for a new or pre-driven automobile. The Most Expensive/Least Expensive Autos to Insure report was formulated through combined research from several third-party affiliates in both the insurance and automotive industries. Insure.com compared insurance rates based on a 45 year-old single male with no driving violations or convictions, who drives to work less than 3 miles one way. Insure.com used liability limits of $100,000 per person, $300,000 per accident, and $50,000 property damage. Comprehensive and collision premiums were determined using a $250 deductible.

The selection of vehicles was supported by information provided by the automotive industry as reported by Reuters News Service. Using insurance rates provided by Esurance.com, premiums were determined for the 2006 model year of each vehicle in three separate cities: one on the East Coast, one in the Midwest, and one on the West Coast. The premiums from all three geographic locations were then averaged and the vehicles ranked from least to most expensive.

For more information, visit http://www.insure.com.

Source: Insure.com

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