If you want the best car and the best auto insurance premiums, turn to these 2015 models.
You may not know every little detail that goes into pricing your auto insurance. You know that the person driving the beat up jalopy is probably paying a lot less than the person cruising around in the Tesla, though. It makes sense. It should cost more to insure things that are more valuable. What doesn’t make sense is paying more for your coverage than someone driving a more expensive car! That’s why we’ve created this list of the most popular cars in 2015, ordered by their auto insurance cost.
- WINNER Ford Explorer: This SUV has a manufacturer’s suggested retail price (MSRP) of $43,345 and costs just $1,301 to insure. In other words, your insurance will only cost 3.79 percent of your car’s value!
- GMC Sierra: Don’t worry that a large truck will cost a large portion of your paycheck to cover. With an MSRP of $28,315 and annual average insurance premiums of $1,272, the Sierra’s insurance cost ratio is just 4.49 percent.
- Chevrolet Silverado: Another big truck gets a big win with premiums costing just 4.56 percent of its value. That’s thanks to an MSRP of $27,815 and average premiums of $1,269.
- Chevrolet Equinox: Insurers must love Chevys, since this model also boasts an insurance cost ratio of less than 5 percent. Specifically, the Equinox’s MSRP of $26,105 and average annual insurance cost of $1,265 earns it a ratio of 4.85 percent.
Do you want more information about getting affordable auto insurance in Coppell, TX? For all of your car coverage needs, contact Mike Leonard Insurance Agency in North Texas. We’ll work with our carriers Kemper, MetLife, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance to get you the most competitive coverage.