10 Cheapest Cars to Insure in 2011
If you are in the market for a new car, it could pay off greatly to first examine how much it will cost to insure that new vehicle. There can be a vast difference in the cost to insure one vehicle over another. Over the life of that vehicle you may end up spending thousands of dollars more than you would another vehicle. To help you with your car purchase, here is a list of the 10 cheapest cars to insure in 2011.
Determining the List of the 10 Cheapest Cars to Insure in 2010
To determine the list of the 10 cheapest cars to insure in 2011, a study was performed of the average driver from the top nationwide auto insurance companies. The average driver was a male, 40, with a 12 mile commute, a good driving record and a good credit history. The policy used in the computation was a 100/300/100 liability policy with a $500 deductible on collision and comprehensive insurance and uninsured motorist coverage.
The List of the 10 Cheapest Cars to Insure in 2011
Here is the list of the 10 cheapest cars to insure in 2011, in order, according to Automotive.com.
- Nissan Cube
- Honda Odyssey
- Kia Soul
- Volkswagen Beetle
- Honda CR-V
- Toyota Sienna
- Mazda Tribute
- Dodge Grand Caravan
- Subaru Outback
- Toyota Highlander
There are many other vehicles that are also cheap to insure, so you don't have to limit yourself to this list.
Common Characteristics of the 10 Cheapest Cars to Insure in 2011
What makes a car cheap to insure? There are several variables involved, but those on the top 10 list share some common characteristics. The top cars share one or more of the following that allow them to save owners on auto insurance.
- Low replacement cost
- Low horsepower
- Low risk profile of average person that drives the vehicle
- Low number of claims attached to the vehicle
- Low cost to repair vehicle
- High overall safety rating of vehicle
This list of characteristics carries over to vehicles that just missed the top 10 list. If you find a vehicle that fits these characteristics, you can bet that it is also cheap to insure.
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