Toyota, Chrysler, Nissan and Chevrolet have the least expensive cars, vans, SUVs and or trucks to insure in 2011, according to Insure.com, an insurance research website.
Insure.com arrived at these rankings through a commissioned study by Quadrant Information Services, which calculated premiums for a 40-year-old male driver. The rates come from a compilation of six major insurance carriers’ premiums in 10 ZIP codes in each state.
According to the study, the least expensive cars to insure are the four- and six-cylinder front-wheel-drive variants of the Toyota Highlander, at $1,154 and $1,183 per year, respectively. (We would categorize the Highlander as more of a car-based crossover/SUV, but food for thought anyways.) The Chrysler Town & Country LX is the least expensive minivan to insure at $1,092 per year and is actually the most affordably priced car to insure, period, for 2011. The Nissan Murano SL is the least expensive SUV, at $1,128 per year, and the Chevrolet Silverado 1500 with a V-8 and two-wheel drive is the least expensive truck to insure, at $1,174 per year.Overall, minivans from Chrysler, Toyota and Honda have the lowest rates, regardless of vehicle category. Out of the top 20 least expensive cars to insure, almost all are affordable family haulers — there isn’t a single sedan in the top 20, and the Volkswagen CC was the only sedan body style among the top five, at $1,186 per year.
Earlier this year, Insure.com released a list of most expensive cars to insure. That list included models like the Chevrolet Corvette and Cadillac Escalade.
According to InsWeb, an online insurance comparison provider, a model’s loss behavior doesn’t only have to do with how much it costs to repair a given model. It also has to do with the likelihood that the given model will be involved in an accident. Small cars tend to be driven by younger, less experienced drivers, and rates often rise with horsepower.
Continue below for a full list of the least expensive cars to insure:
Minivans and Vans