If you’ve been looking forward to insure your car and spent some time on learning the basics of this type of insurance you’ve probably noticed that the rates vary significantly depending on the type of car you’re trying to cover. The vehicle you want to insure is definitely the most crucial factor when it comes to determining your rates. And the types of vehicle you drive can put you in a particular risk category according to the insurance provider’s classifications. So, the logic question would is: what types of cars will be costly to insure and which won’t? Let’s go through all main types of cars we see on the road.

Small cars

Small cars usually cost less and have good gas mileage. Yet it’s usually more costly to insure this car type because the damage delivered in course of a typical accident is excessive and involves higher repair and medical costs.

Medium sized sedans and hatchbacks

These cars usually cost more and fill the price range from budget to business class vehicles. The rates at which this particular car type gets insured vary to a certain degree yet they are usually more affordable than for smaller vehicles because mid sized vehicles usually have better safety ratings and don’t involve as much costs after a typical collision. Yet, it all depends on a particular car make and model as there are always exceptions to any rule.

SUVs

Large SUVs and minivans are certainly very comfortable from the driver and passenger point of view. Yet, if you’re looking for cheap car insurance it may be a wrong pick. This vehicle type is known for its increased safety bud due to the larger size these cars tend to deliver more damage to other cars and elements of infrastructure, which results in higher repair cost towards the other party involved.

Sports cars

Sports cars are probably the least car insurance friendly type of vehicles you may consider buying. Due to the high top speed, aggressive dynamics and overall feel these cars provoke more risk taking behavior than any other type of autos. Moreover, the damage and injuries delivered with these cars tend to be higher if compared to other car types due to higher speeds. That’s why car insurance for sports vehicles is always rather costly.

Muscle cars

Everything mentioned about sports cars also applies to muscle cars, which are famous for their increased power. Moreover, the typical engine volume which tends to be large for such vehicles will automatically make any car from this class a costly investment from the insurance point of view.

Luxury vehicles

Luxury cars are known for their hefty price tags and don’t expect the insurance to be affordable too. Because of the higher repair costs with such vehicles as well as the interest they pose to car thieves, luxury cars have higher car insurance rates.

Classic and retro cars

Classic and retro vehicles usually require specialized car insurance due to their increased market and historic value, which is typically more costly and involves many restrictions that are absent from ordinary insurance policies.