When we think about how expensive it is to keep our cars fueled, we often think of the high gas prices. After all, this is what has been driving people (no pun intended) to look for other alternative to driving such as vehicle shipping, carpooling, and using mass transportation (i.e. buses, trains, etc.). However, have you ever considered the fact that it may not be the price of gas that is causing your bank account grief? As it turns out, many people don’t realize that the cost of their car insurance is what’s holding them back.

According to information published by Bankrate on Yahoo News,

Each year, the institute, and its sister organization, the Highway Loss Data Institute, analyze the actual insurance losses associated with the most popular vehicle makes and models. Since insurance companies use similar kinds of data to set premiums, the rankings give consumers a window into how their vehicle choices affect their auto premiums. And once again ,the data suggests that small cars and speed are an expensive combination for insurers–especially with a young driver behind the wheel.

As many of us already know, there are different classifications of drivers. When you’re within a certain age bracket such as being a male between the ages of 18 and 25, your insurance is typically higher since you’re considered the group that is at the highest risk of getting into car accidents. So, what are you to do if you know that you fall within one of those “risky” driver age brackets? The best thing you can do is to arm yourself with information on which cars are the most expensive to insure. The following is a partial list of these vehicles according to Bankrate.com.

Five Most-Expensive Cars to Insure

1. Cadillac Escalade EXT 4WD
2. Subaru Impreza WRX 4WD
3. Hyundai Tiburon
4. Mitsubishi Lancer
5. Scion tC

Five Least-Expensive Cars to Insure

1. Ford Five Hundred 4WD (now Ford Taurus)
2. Buick Rendezvous 4WD
3. Buick Lucerne/Buick Rainier 4WD/Honda Odyssey
4. Ford Freestyle 4WD/ Subaru Outback 4WD
5. Buick Rendezvous/Honda Pilot

For more information about car shipping and auto transport, contact National Transport today!

Tags: Auto Transportation //