Nissan GT-R is one of the most expensive cars to insure

Article by Christian A., on August 27, 2010

One of the most expensive, if not the most expensive, cars to insure is the Nissan GT-R. The compilation made by Insure.com has shown that from a list of the most and least expensive cars to insure for this year, the GT-R stands at the top of the list of the most expensive cars.

The GT-R, which is owned by a 40 y.o. man who travels about 12 miles to work daily, with a $100,000 policy limit for injury liability for a single person, $300,000 for all injuries, $50,000 for damage to property, and a $500 deductible on collision and comprehensive, can be insured annually for an average $2,540.

This high insurance price is due to the fact that users of these kinds of cars submit more frequent and more expensive insurance claims. Since no such data for first model year exists the insurance rate is based on the MSRP, and regarding the GT-R, it is $77,000. 

Other insurance firms also take into consideration the car's power to weight ratios or acceleration rates especially with sports cars like the GT-R. The most expensive cars to insure for this year portion of the list is populated by sports cars.

Next to the GT-R comes the Viper from Dodge which requires an insurance of $2450, next is the BMW M6 with $2340and the Shelby GT500 by Ford which is insured at $2190. Now, at the bottom of the list, the least expensive position goes to the Hyundai Santa Fe midsize SUV which can be insured for only $832. This is due to a low MSRP, which is only $22,000, and it is rated above average for comprehensive losses, collision and personal injury protection insurance losses.

It is followed closely by the Kia Sportage at $840, then by the Hyundai Entourage in third place with $848. The Smart Fortwo made it to the least expensive list due to the fact that, besides its appeal to an older generation, Mercedes has filled the small car with a host of safety elements, and, in cases of repairs, ships pre-painted body panels.

If you liked the article, share on:

Comments

Recommended

t seems as if something had flown out of the drawing board. Kind of. Before the Korean carmaker holds its official debut this year, sketches of the updated 2018 Hyundai...
by - February 28, 2017
At the 2017 Mobile World Congress held in Barcelona, SEAT gave the public a taste of what it believes is the future of driving. For the company, this is about...
by - February 28, 2017
It was in April of last year when Honda first revealed plans that it was planning to build a plug-in hybrid version of the Clarity. There will also be an...
by - February 28, 2017
More efficient, more power and longer range. This is how we could best describe the electric version of the Volkswagen Golf for the 2017 model year. In terms of efficiency,...
by - February 28, 2017
If you think you’re all ready for the new 2018 Audi S4 sedan when it arrives in the United States this spring, then better make sure that your pockets are...
by - February 28, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries