I’m buying a new car. How much different are the costs to insure different kinds of cars?
There is a tremendous difference in insurance costs between vehicles. The differences are primarily related to factors such as vehicle safety and crash results, performance characteristics and costs to repair. Sports cars built for speed and low production vehicles, for which repair work and replacement parts may be expensive, generally cost more to insure. When you include other rating factors like driving experience and record situations where certain drivers paired with the wrong vehicle can result in very significant insurance costs. For information on vehicle safety and crash ratings the Insurance Institute for Highway is an excellent resource at
http://www.iihs.org/.