Car insurance is a necessary expense for those of us who drive. What a statement. You are probably thinking, wow, what an obvious thing to say. Cars tend to be a never ending burden on our wallets. From the monthly payments, gas and maintenance, to the dreaded car insurance.
However, for those of us that consider our cars prized possessions, it can really get expensive when we start talking about adding family members, insuring multiple cars, drivers under the age of 21 or 25 but we can really start talking about big bucks, when we involve the type of car we are insuring and trust me, that flashy sports car is really going to cost you.
Now the average American driver isn’t out cruising around in a Lamborghini or Ferrari, but for those lucky few it doesn’t come cheap. Using national averages, we have conjured a list of the top five most expensive cars to insure in the US:
5. Mercedes G55 AMG costs an average of approximately $3000 a year to insure.
4. Porsche 911 Carerra S Coupe costs an average of approximately $3100 a year to insure.
3. Aston Martin DB9 costs an average of approximately $3200 a year to insure.
2. BMW 750Li costs an average of approximately $3300 a year to insure.
And last but certainly not least our number one spot of most expensive car to insure in the United States is:
1. Mercedes Benz SL65 AMG costing an average of approximately $3600 a year to insure.
Now the average cost to insure any of the vehicles above, assumes the insurance covers an individual, experienced driver with a fantastic record. Imagine the cost if you add your 18 year old son to the insurance plan!
How does the insurance get so high? Typically these vehicles have more power and parts that are much more expensive to replace. High horse-powered vehicles tend to get into more accidents than low horse-powered vehicles such as Honda, Ford, Dodge, Chevrolet (excluding pick-ups trucks and work vehicles). I myself, would find a secluded, straight, back road and let the horse run a little but not at the expense of crashing my luxury possessions or doing harm to myself or others in the process.
Two vehicles that also rank in as some of the most expensive vehicles to insure are the Dodge Viper SRT-10 with 10 cylinders and an engine that gives most people goose-bumps and the Porsche Panamera Turbo, pulling in eight cylinders and a body style fit for James Bond himself.
Of course, shopping for the right car insurance that will take care of not only your prized possession but the precious cargo inside is difficult but you get what you pay for, especially when it comes to luxury vehicles. So take care as you are backing the Aston Martin out of your driveway, but have a little fun showing it off as well. After all, you are the one paying for it.