TMCnet News
New CarInsurance.com Analysis Points Out Which of the Safest Cars Are the Most Affordable to InsureFOSTER CITY, Calif., Oct. 17, 2019 /PRNewswire/ -- CarInsurance.com, a one-stop destination for unbiased, expert advice on car insurance, released today new research on what it costs to insure the safest vehicles on the road. By analyzing the top safety picks from a recent Insurance Institute for Highway Safety (IIHS) report, CarInsurance.com's experts broke down which vehicles are the most affordable when it comes to rates. Of the over 40 safest cars listed in the IIHS report, the cheapest option to insure is the Subaru XV CrossTrek, at $1,397 a year. That's quite a deal considering it's 22.9% less than the national average of $1,812. The most expensive option found a price of $3,144, for a luxurious Mercedes E63 AMG S 4MATIC. One of the analysis highlights is that safety features play a significant role in keeping costs low when insuring a vehicle. Insurers particularly like features like blind-spot cameras and sensors, because they lower the risk that a driver will be in an accident. "One thing to keep in mind is that while sophisticated vehicle safety features are considered a bonus by insurance companies, they can also adversely affect insurance costs," said Michelle Megna, managing editor of CarInsurance.com. "For instance, the cameras, sensors and computer parts within newer vehicles can potentially break with even the slightest fender bender, raising repair costs. Since no one wants to skimp on safety, it's important consumers also look at other areas within their control to keep premiums low, such as credit score, driving record and other factors." CarInsurance.com found the lowest cost to insure the Top Safety Pick+ category from the IIHS, which is broken down below, grouped by the size of the vehicle. Small Cars
Only five midsize cars qualified for the Top Safety Picks+ designation, but yet again, Subaru cleaned up. The cheapest of these is still $345 below the national average:
Midsize Luxury
Picks for large cars, large luxury, small SUV, Midsize SUV and so on can all be found online. For the full analysis and a description of our methodology visit CarInsurance.com: https://www.carinsurance.com/cars-best-safety-features-cheapest-to-insure About CarInsurance.com CarInsurance.com is a one-stop online destination for car insurance information, providing unbiased, expert advice on how to shop for insurance plans, what consumers should pay and what coverage they can get from a policy. Since 2003, CarInsurance.com has been educating consumers through its breadth of expert content, tools, and in-depth studies to help site visitors make informed decisions about their car insurance. Website: https://www.carinsurance.com/ Media Contact
View original content:http://www.prnewswire.com/news-releases/new-carinsurancecom-analysis-points-out-which-of-the-safest-cars-are-the-most-affordable-to-insure-300940330.html SOURCE QuinStreet, Inc. |