http://articles.moneycentral.msn.com/Insurance/InsureYourCar/10CostliestCarsToInsure.aspx


Most expensive models to insure:
1
Mitsubishi Lancer Evolution

2
Mercedes CL-Class

3
Dodge SRT-4

4
Subaru Impreza WRX

5
Jaguar XK (convertible)
6
Lexus IS 300

7
Honda S2000

8
Acura RSX

9
Nissan 350Z

10
Jaguar XJ

I know its an old article but Im willing to bet the EVO is still in the top 5 for 2006.

Thank God I own none of those...

obvioulsy there are more expensive cars to insure... (exotics) but this is pretty accurate from what my computer tells me. (I sell insurance)

Where is the GTO and the Miata?

Heh..

WOW.

I guess this assumes regular cars, not supercars and such?

wonder if that is for an age group cause it changes based on age and driver record.well here it is 21 for women 25 for men.so men have to pay 4 more years of costly insurance before we get a discount on it.

the law of large numbers (national averages) determines insurance rates for age groups.

Ahh, auto insurance. The only place where discrimination is still legit!

Ahh, auto insurance. The only place where discrimination is still legit!

+1 million

but insurance on my turbo'd P5 (the insurance company knows about mods) is less than 1000 a year for complete coverage of everything and pretty low deductibles.

Part of the reason why....
http://autos.msn.com/advice/article.aspx?contentid=2891

Most Stolen: Highway Loss Data Institute
The Escalade, Mitsubishi Lancer Evolution (http://autos.msn.com/research/vip/default.aspx?make=Mitsubishi&model=Lancer) and Dodge Ram 1500 Quad Cab (http://autos.msn.com/research/vip/default.aspx?make=Dodge&model=Ram%201500)—the top three on HLDI's list— have theft claim rates four to five times higher than the average for all cars. The Ford F-250 (http://autos.msn.com/research/vip/default.aspx?make=Ford&model=F-250%20Super%20Duty)/Ford F-350 (http://autos.msn.com/research/vip/default.aspx?make=Ford&model=F-350%20Super%20Duty) pickup trucks and the Chrysler Sebring (http://autos.msn.com/research/vip/default.aspx?make=Chrysler&model=Sebring) round out the top five.
...
The high-performance Lancer Evolution is new this year to the list of vehicles with the highest theft losses. Investigators say this model may be attracting the attention of thieves because its parts can be used to customize standard Lancers.
...
HLDI Highest Theft Claim Rate for 2003-2005 model year vehicles

Cadillac Escalade (http://autos.msn.com/research/vip/default.aspx?make=Cadillac&model=Escalade%20EXT)
Mitsubishi Lancer Evolution (http://autos.msn.com/research/vip/default.aspx?make=Mitsubishi&model=Lancer)
Dodge Ram 1500 Quad Cab (http://autos.msn.com/research/vip/default.aspx?make=Dodge&model=Ram%201500)
Ford F-250 SuperCrew 4WD (http://autos.msn.com/research/vip/default.aspx?make=Ford&model=F-250%20Super%20Duty)/Ford F-350 SuperCrew 4WD (http://autos.msn.com/research/vip/default.aspx?make=Ford&model=F-350%20Super%20Duty)
Chrysler Sebring (http://autos.msn.com/research/vip/default.aspx?make=Chrysler&model=Sebring)

CHRYSLER SEBRING?? BAHAHAHA

It's crazy that the Evo made that list. It'll be MUCH higher for the Evo X since it might as well have an automatic. Only one in four thieves knows how to drive a manual transmission :P

My freshman year in college, there was an attempted car jacking. Guy pulls girl out of car, guy gets in car, sees it's manual, guy jumps out of car and apologizes to girl before running away.

I'm just gonna look the other way and not think about the insurance on my X....

My freshman year in college, there was an attempted car jacking. Guy pulls girl out of car, guy gets in car, sees it's manual, guy jumps out of car and apologizes to girl before running away.

HAHAHAHAHA.

I bet there will be a blip higher in the insurance rates for Mazda 3 models, due to the ease with which they can be opened.

meh, insurance isn't that high. i'm a 24yo male with a 2005 evo but luckily a (mostly) clean record. when i'm at home i park my car in a commuter lot every day. so far hasn't been stolen but if it does get stolen i hope i never see it again

a more important factor for your rates is where you live (more than you age even)

and your credit (insurance) score, coverages, deductibles, other lines you have with the company, driving record, company's appetite for your risk profile, etc... it all plays its part in the fun world that is insurance

we do not use credit based insurance scoring for auto yet, next year we start though.

it costs me less than $900 a year to insure my Ram 1500 Quad 4x4 (3rd on the list of stolen)... And that's full coverage and then some... That ain't bad at all.

we do not use credit based insurance scoring for auto yet, next year we start though.
wisconsin in general or your company?


it costs me less than $900 a year to insure my Ram 1500 Quad 4x4 (3rd on the list of stolen)... And that's full coverage and then some... That ain't bad at all.
condo insurance through the same insurer?

wisconsin in general or your company?

The company that I work for.

We currently use CBIS (credit based insurance score) for Property, since 7/1/07, and we will start with auto on 7/1/08

do you mind if i ask what company? is it a smaller, WI only one? i was under the impression that all companies, at least the larger ones, have used it for years as long as the state allows it. i know we have for i'd say probably 4+ years

I work for American Family, we operate in 14 states, (primarily WI), we just started with it to remain competitive with the prefered risks. (but until now we have been extra competitive with the high risk business)

All sorts of insurance people up in this ..

*runs away before anyone notices that my car is insured as if it was in CT (as it is my mom's car after all.. I am the primary insured driver though) when it's really hiding in a garage in the City of Rochester*

Does my insurance company (unless I'm mistaken the one you work for Jared) care about that stuff? It's not like I'm permanently here, just through this summer.. my license is still CT, permanent address is still CT, etc. I know you aren't a claims guy but working there obviously you've learned about how things operate.

If you are a full time student then you can typically leave the garaged at address as your mothers place.

also, your situation is very common.

*wipes brow* good to hear. My mom got all worried when the idiot ran the stop sign and smacked into me because my car was here and needed to be fixed here, rental car here (and I was under 21 at the time so it cost out the ass), etc but was still 'garaged' in CT.

Sometimes you can get lucky and get an insurance company that will replace a hydrolocked motor that has no business being in the car it's in...let alone even being in the US...

People still call me a bastard for pulling that one off.

Sometimes you can get lucky and get an insurance company that will replace a hydrolocked motor that has no business being in the car it's in...let alone even being in the US...

People still call me a bastard for pulling that one off.

I wouldn't call that lucky.. unless the insurance company didn't know that the engien they probably had to special order (how did that not tip them off??) wasn't stock.

all my turbo stuff and other mods are insured, so if stolen or in an accident it's all good.

the insurance company would rather put a fully forged custom built $4000 motor in a p5 than pay a mazda dealership $7500 for a stock FSDE. it is all about Dollars and Cents.

plus, if your motor is damaged, you are entitled to a working motor in no worse condition than your motor was pre accident.

Even with hydrolocking when no other damage occured?

It cost the insurance company $4200 to put the GSR motor in the Civic. Unfortunately, it's a junkyard motor so I'm going to rebuild it probably this winter.

Oh...and I never told the insurance company about the motor when I did it. I didn't have a special policy for it at all.

if it is covered, it is covered. And it is all about dollars and cents.

If you crack up your hood in an accident, you can talk to your claims guy and get a CF hood instead, why? because it costs less than a stock, painted hood.

condo insurance through the same insurer?
yes, Liberty Mutual. condo is crazy cheap. less than $140 a year.

If you crack up your hood in an accident, you can talk to your claims guy and get a CF hood instead, why? because it costs less than a stock, painted hood.
sometimes. it depends on your claim guy. if the ins co pays to put the cf hood on then the cf starts to fade or the clearcoat peels or something the its still the responsibility of the ins co to fix it so some adjusters/companies are more flexible than others. even though it may lower the initial cost of the claim since they're probably not familiar with the quality of the aftermarket goods and they may be skeptical that it could raise the cost of the claim in the long term so they may not go for it.

yes, Liberty Mutual. condo is crazy cheap. less than $140 a year.

nice. multiple policy discounts are sweet :) condo insurance is super cheap (as is renters) because it doesn't cover the building itself. it covers from the studs in so mostly your possessions and appliances and stuff, aka stuff that is cheap/easy to fix. i should get a rental policy... some day

^^ inside the outside walls!

i knew i was going to have to pimp myself out for this car

yes, Liberty Mutual. condo is crazy cheap. less than $140 a year.

They're one of the companies I read about in the NY Times a couple weeks ago who is dropping people who have had policies with them for decades because they live anywhere on the east coast.. I'm talking as far as Connecticut --because east coast is too 'high risk' because of the possibility of a bad hurricane. Yeah, CT just gets HAMMERED with those hurricanes :P

I'm glad that my fam does house and auto through Travelers (in CT) so hopefully they won't drop us :P

interesting. i wish the govuberment would step in to protect people from stupid stuff insurance companies do. We pay them all this money to protect/help us then when something happenes, they turn away.

^I see it very differently being in the industry.

insurance is all about sharing risk. Most people simply cannot comprehend how property and casualty insurance works.

Also, the OCI (offic e of the commisioner of Insurance) has to approve nearly everything that happens in the insurance industry in every state.

They're one of the companies I read about in the NY Times a couple weeks ago who is dropping people who have had policies with them for decades because they live anywhere on the east coast.. I'm talking as far as Connecticut --because east coast is too 'high risk' because of the possibility of a bad hurricane. Yeah, CT just gets HAMMERED with those hurricanes :P

I'm glad that my fam does house and auto through Travelers (in CT) so hopefully they won't drop us :P
i haven't heard any plans to drop people. we're not writing new policies in certain areas of the country like california, florida, other high risk areas, but haven't heard anything about dropping people. also since we're CT based we probably won't ever drop people there cause we'd end up dropping a lot of our employees which probably wouldn't fly :)

liberty may be dropping CT policies because they are heavily exposed in other areas. it's not that the CT policies themselves are risky but their total exposure is bad so they're correcting it and making it more evenly distributed. unless you live in FL there are plenty of ins cos willing to write so being dropped by one isn't really a big deal, just go get another one

^I see it very differently being in the industry.

agreed. it may seem like the govt allows ins cos to do whatever they want but it's one of the most regulated industries and is heavily watched by the govt. every decision, rate, etc... basically needs to be justified

it just sucks how everyone thinks that, I just keep paying and paying and paying, and never get anything out of it. It is not designed for the insured to benefit from, but to save them from a financial loss in the event of a claim.

If that is not the type of risk that you are looking for? then take your insurance premiums to the casino instead. Let me know how that works out for you.

I understand your point, and will admit that i don't understand the industry, but am a consumer. but when i hear stories like being dropped because someone live on the east coast, and 'might' be hit by a hurricane, then what's the point? I understand that when you get down to it, insurance company is a business, and you need more money to go in than to go out to run properly. So if someone was in a high risk area, like say Miami, i understand them not wanting to insure them against hurricanes because it's a good chance they'll get hit. But in maine? and dropping loyal customers? that's dumb.

i don't think that my insurance policy is a savings account. I don't expect that money back unless something happens. If I'm paying to cover my condo, and there is a fire and i'm out of a home, why shouldn't the company I pay to protect me step up and actually help, instead of making me run through hoops to get a new roof over my head? -disclaimer- I've thankfully never had anything major happen, but I hear stories everyday of people going through it.. This line of thinking also applies to health insurance.

I'm extremely happy with my insurance company. There's never been an issue with having to make a claim and worrying about getting dropped or having the rates go thru the roof. My Civic has been the victim of about 4 hit and runs, and I bounced it off of a pillar in the parking deck at school in teh middle of winter. My rates have nto been affected. In fact, on average, my payment drops about twice a year.

I hear a lot of stories, like people in florida who have high deductibles that they cannot afford when their homes are destroyed. (maybe they should have chosen a lower deductible that they could actually afford instead of trying to save $10 a month in premium by choosing a deductible that they can never afford)

My deductible is $250. I just keep that in my savings account at all times and I'm fine. It's a lot easier than selling your soul in case of emergency.

Here is an example:

People around here are not getting their roofs replaced anymore unless a storm damages it from hail or wind. with a roof replacement costing ~$4000, rates are going up and people start to complain.

The more that people neglect their roof, the easier it is for a smaller storm to damage it to the point of replacement, on the insurance companies dime. yes, it is the responsibility of the insurer to fix this, but expect everyones rates to reflect this too.

something to also consider when someone is denied a claim is if the person truly understood what they were buying when they bought it. what was really covered, what was excluded, what is to be expected from both parties (insured and insurer), etc... many people buy their policy, their agent says it'll cover them and they're happy. they never actually read their policy. then they go to file a claim and get mad when something isn't covered.

many people also shop for insurance by price. then they switch after they have a claim. many insurance companies realize that customer retention is very important so keeping a happy customer is also very important. others don't

yeah, i don't mind paying the slightly higher rates on my policy for no deductible. I don't mind paying an extra $60 a year. if something does happen, and I'm in a position where i don't have cash, i'm still ok. And even though i have an extra car, i pay the extra $2 a month for a rental. Something could happen while I'm on the road...

oh well, a person can have the Ins Co pay out a $25000 claim, and they will still bitch about their rates. You can't please everybody all the time, (and those people drive me nuts throughout the day)

yep. believe me, i think the only thing I'm not covered for on the condo is flood. But on the 9th floor, if there is a flood, getting a replacement bigscreen is the last of my worries... lol

I'm extremely happy with my insurance company. There's never been an issue with having to make a claim and worrying about getting dropped or having the rates go thru the roof. My Civic has been the victim of about 4 hit and runs, and I bounced it off of a pillar in the parking deck at school in teh middle of winter. My rates have nto been affected. In fact, on average, my payment drops about twice a year.


what insurance do you have?