The 5 most expensive vehicles to insure
Buyers must consider a host of factors before purchasing a new vehicle. While the make, model and color of the vehicle may garner the bulk of buyers’ attention, the cost of the vehicle bears consideration as well. The sticker price is important, but the cost of insuring a vehicle also can determine just how much a vehicle will cost buyers each month.
Insurance premiums are determined after providers consider various factors, including the age of the driver, his or her accident history and how much he or she drives. The make and model of the vehicle also goes a long way toward determining just how much drivers will have to pay to insure their cars and trucks. The insurance comparison site The Zebra (www.thezebra.com) notes that the following were the five most expensive vehicles to insure in 2020.
1. BMW i8: Getting behind the wheel of this high-performance sports car cost drivers an average of $4,303 in insurance premiums. That’s a relatively small price to pay for a vehicle with a manufacturer-suggested retail price (MSRP) of $147,500.
2. Maserati Quattroporte: A luxury sports sedan with an MSRP just under $100,000, the sleek Maserati Quattroporte cost drivers an average of $4,062 in annual insurance premiums.
3. Nissan GT-R: As a manufacturer, Nissan might not be associated with the world’s most expensive automakers. But its GT-R, a high-performance sports luxury vehicle with an MSRP of $113,540, will cost drivers a luxury-like $3,864 in annual insurance premiums.
4. Maserati GranTurismo: With the highest MSRP ($150,380) of any car in the top five, the Maserati GranTurismo might be seen as a relative bargain to insure, costing drivers an annual average of $3,735.
5. Mercedes-Benz S-Class: The S-Class is a classic Mercedes-Benz luxury sedan with an MSRP of $94,250. Drivers