FOSTER 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
All of the top five are less expensive to
insure than the national average ($1,812), which gives potential buyers plenty of
reason to choose small for their next purchase.
- SubaruXV Crosstrek 2.0I: $1,397
- Subaru Impreza 2.0I Limited: $1,526
- Kia Niro Touring: $1,566
- Subaru Impreza 2.0I Limited: $1,622
- Hyundai Elantra GT: $1,673
Midsize 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:
- Subaru Outback 3.6R Touring: $1,467
- Subaru Legacy 3.6R
Limited: $1,569
- Toyota Camry XSE: $1,676
- Hyundai Sonata Sport: $1,718
- Kia Optima SXL: $1,849
Midsize Luxury
This category is where car insurance
prices start to rise above the national average ($1,812), but the biggest reason to buy in this
category is that manufacturers tend to use safety systems in luxury
vehicles years before they trickle down to smaller options. Another
factor in the cost relates to how expensive it would be to repair
or replace your car, should it need major work.
- Lexus ES 350 S: $1,860
- Mercedes C300: $2,014
- BMW 340i: $2,212
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 owned
and operated by QuinStreet, Inc. (Nasdaq: QNST), a pioneer in
delivering online marketplace solutions to match searchers with
brands in digital media. QuinStreet is committed to providing
consumers and businesses with the information and tools they need
to research, find and select the products and brands that meet
their needs. CarInsurance.com is a member of the company's expert
research and publishing division.
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/
Twitter: @carinsurance
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Media Contact
For CarInsurance.com
Liberty Communications for QuinStreet
Rick Judge, 415-429-5652
QuinStreet@libertycomms.com
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