Top 10 most expensive vehicles to insure

When it comes to car insurance, you’ll pay high premiums for being young, male and driving a car expensive to replace. That’s not to say expensive cars have the highest premiums, but a combination of risk compounds to form an expensive car insurance premium.

While most car insurance companies base premiums on claims statistics (that is, how often they receive claims by drivers of certain demographics and drivers of certain vehicles), Insurance.com nominates the following vehicles 10 vehicles as deserving of the highest insurance premiums:

1. Porsche 911 Carrera GT2

2. Mercedes-Benz S65 AMG

3. Dodge Viper SRT-10

4. Porsche Panamera Turbo AWD

5. Dodge Viper SRT-10 Convertible

6. Mercedes-Benz CL600

7. Audi R8

8. Porsche Panamera S

9. Mercedes-Benz SL600

10. Porsche 911 Carrera Turbo

Porsche and Mercedes have the most models on the list, with four and three (respectively) and Dodge, twice. While hyper-exotic vehicles are more expensive than any of these (Lamborghinis and Ferraris for example), the list considers more attainable, higher volume production vehicles.

This list, however, points to upper-end vehicles, the costs of which not many of us are likely to worry about. Other insurance companies have compiled their lists of lower range vehicles which cost more in premiums than other vehicles of the same category. While they are not in consensus as to which are the most expensive they do agree on the following five vehicles:

• Subaru Impreza WRX 4WD
• Hyundai Tiburon
• Mercedes CLS
• Suzuki Forenza
• Honda Civic Si

Even if you drive one of these, there are ways to reduce how much you pay in premiums, such as improving security, installing a driving monitor (and driving more cautiously), and increasing excesses. The easiest way to reduce your premiums, though, is to compare insurance products. By filling in our online form, you can get up to nine insurance quotes for your vehicle. All you have to do is provide our insurance representative with details of your vehicle when they call.