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When shopping around for a car, it’s important to know the most and least expensive cars to insure before making a purchase decision. Insurance costs impact the overall cost to drive.
We all know there are certain types of cars that are more expensive to insure. As the price tag increases and the rarer the car gets,
insurance premiums increase.
This blog post takes a look at the most expensive cars to insure, factors that impact insurance rates, and answers to common questions about expensive car insurance.
No Ontario driver wants expensive car insurance. But if you want to drive a luxury vehicle or sports car, you know that you will pay more for
car insurance. These are cars with expensive insurance.
Which cars top the list as most expensive for insurance?
AutoGuide.com outlines the most expensive cars to insure in 2017 :
Based on the above list, it’s clear that are commonalities among the cars with the highest insurance rates :
If you want to save on insurance, consider these factors when considering your next vehicle purchase.
Here are three key factors that typically increase insurance rates:
Here are some common questions we get asked about cars and expensive auto insurance :
No. Plain and simple. This is one of the biggest car insurance myths. The colour of your vehicle is not a factor when
insurance companies determine insurance premiums.
No. Leased cars are not more expensive to insure. Whether you choose to finance or lease, your insurance rates will be the same.
Generally, 2-door cars are more expensive to insure than 4-door vehicles. This is the case for a number of reasons. Two-door cars are often sportier, faster, and more expensive. But not all 2-door cars are more expensive than 4-door cars. It depends on the make,
model, and many other factors – an important reason to compare insurance quotes.
In general, vehicles that are used for business tend to have higher insurance rates for a number of reasons – they are on the road more often, require additional liability coverage, and are associated with greater risk. Compare
commercial auto insurance quotes.
Older vehicles tend to be less expensive to insure compared to newer models. But again, it depends on many factors such as the amount of insurance coverage you purchase, the safety of the vehicle, repair costs, and many other considerations. If it’s considered a
classic car, then it may be more expensive to insure.
Everyone wants to know which cars are cheaper to insure, and for good reasons. No one wants to overpay for insurance. Part of keeping your overall driving costs down is identifying the most expensive cars to insure. If you are looking for more affordable insurance options, check out the
cheapest cars to insure in Ontario.
For some drivers, expensive car insurance is not a deterrent. You want a specific car, even though it is more expensive to insure, in relative terms. But this doesn’t mean you still don’t have the ability to save on car insurance.
Even though your preferred vehicle may be more expensive to insure than the average vehicle, you can still reduce insurance costs with these
10 tips to
save on car insurance.
We know you want to avoid the most expensive car insurance companies. To reduce insurance costs, work with a ThinkInsure broker and learn more about
how car insurance rates are determined.
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Sep 8, 2017
Which Are The Most Expensive Cars To Insure In Ontario?
10 Most Expensive Cars To Insure
Common Characteristics of Expensive Cars to Insure
Which Factors Make Cars Expensive To Insure?
Common Questions About Expensive Cars To Insure
Are red cars more expensive to insure?
Are leased cars more expensive?
Are 2-door cars more expensive?
Are business cars more expensive to insure?
Are older cars less expensive to insure?
Which Are The Cheapest Cars To Insure?
Tips To Get Less Expensive Car Insurance
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