I don’t know about you, but I always wondered what factors determined my auto insurance premium. Well, I hope to help you. Some factors may surprise you and others may make you think. Let’s start here.

One of the few biggest factors that determine your auto insurance premium is, of course, the vehicle you drive. This is one of the few factors that you can control or change. The way the insurance company looks at this factor is. One- What are the collision damage costs? This is one of the main factors that puts some cars on the “Good Car List” you WANT and the “Bad Car List” you DON’T want. This has a huge impact on the price difference between one type of car over another. On a less expensive note is how attractive the car is to thieves. Vehicles that are at the top of the insurance cost list are often high horsepower, high dollar value, or expensive to repair. So that cool-looking sports car will always cost you more, especially more for young drivers, because they tend to crash more often. They see it as having great power because you are going to drive it in such a way that, even if this is not true, you will not be able to change their minds about it. Also, if other people crash the car you own a lot, this will also increase the rate. So it’s not just about how you drive, but how other people drive that same car. Some high-end cars often have aluminum body panels; These are more expensive to replace than sheet metal.

Another fact that you may not know; If you drive an SUV or larger vehicle, your liability insurance will likely carry a higher premium, because these types of vehicles will cause more damage in an accident.

Here’s a helpful hint as to which cars are the most and least expensive to insure. I’ll start with the most expensive first. These cars on this list are the most expensive due to collision losses. This is the most recent list I could find. Some of these cars might surprise you. I know I was surprised when I saw my $20,000 car on this list. As you will see, it is not just expensive cars that cost more, or safe cars that cost less. There is a real science to determining the cost of insurance.

More expensive

1.Mitsubishi Lancer Evolution

2. Mercedes CL-Class

3.Dodge SRT-4

4.Subaru Impreza WRX

5. Jaguar XK (Convertible)

6. Lexus IS300

7Honda S2000

8.Acura RSX

9Nissan 350Z

10 Jaguar XJ

Less expensive

1.Volvo XC90

2.Chevrolet Malibu Maxx

3GMC Safari

4.Buick Le Saber

5. Nissan Pathfinder Armada (2004 only)

6. Pontiac Montana (Standard Model)

7 Mazda MPV

8.Ford Thunderbird

9. Pontiac Montana (extended model)

10. Ford Taurus (Pickup)

So think about these factors when you’re shopping for a new car or wondering why your insurance is so expensive. But if your auto insurance is too expensive, there’s nothing wrong with shopping around before you buy. Thank you for taking the time to read this article. I hope it has helped you learn some things that you may not have known.