Smaller car, bigger insurance premium?

Strange, My Prius insurance cost less that the Mini-Van it replaced.

 

My Prius also cost less to insure than the 05 Tucson it replaced.
Your auto insurance agent is only a phone call away, check with him/her, you may be surprised.

 

Curious, my brand spanking new 2008 Prius costs about the same to insure as the 2003 Ford Edge that is replaced.

I fit their driver profile: male driver in his 40's, drive roughly 15K miles a year, no accidents in the last five years, never had a moving violation.

Now admittedly, the Edge isn't an F-150, but then again, it wasn't a sports car either.

Me thinks that something is missing from their comparison.

 

my 2008 Prius cost the same to insure as my 2005 Scion XA did. I got quotes for many cars on comparison market and the Prius was one of the cheapest ones

 

Looking at at the chart in that article, the greatest difference between two vehicles on the chart is $238 for six months. Compare that to a fuel savings of about $300+ per month, and it isn't rocket science to figure out that the benefit outweighs the drawback.

 

My insurance went down when I switched from a Ford Focus to the Prius.

 

Mine also went down. Though I switched from a '96 Blazer with almost no safety features aside from a single airbag (and now I'm surrounded by them haha).

 

I wonder what would lead the author to conclude that more experienced drivers own a mini? Aren't many of the Prius drivers professed old farts that have experience out the wazzoo?

 

The Prius cost a little more than the 97 Ford Explorer to insure, but I'm paying less than the example given in the article. They give a 6 mo rate of $691, I pay about $1050 for 12 mos (AAA). I fit the profile except I'm 46, not 40.

 

My 2008 Prius is $324 per year and 2002 dodge ram 2500 diesel is $424 per year. I pay extra on my car because I drive it to work over 40 miles one way but it still is about 25% less.

A funny note, I have been with this company for a long time. The young agents will ask me for the rest of my policy number when I ask a question, I tell them that I got my policy long before they were born.

 

We traded a 2002 Taurus. Our 08 Prius, added to our existing F250 Powerstroke, is $30 more per six months. My wife was very happy with that.

 

Civics have had high insurance for a long time. Probably due to all the thefts and driver demographics.

 

My 08 Prius cost less to insure than the 05 Nissan Frontier it replaced.

... Brad

 

We switched from an 06 Hyundai Tiburon to an 08 Prius and the bill went up a whopping $9 a year.

 

My yearly insurance bill was only $20 higher once I switched to the 08 prius from a 01 Nissan SUV.

 

I got my Prius after an at-fault accident (stupid-nice person insurance company), so my insurance discount was gone, but my payments were still lower than my Sentra Spec V.

 

I would assume that a lot of the insurance price has to do with the replacement value of the car. If you replace an older car with a newer Prius you would expect your insurance to go up.

 

We replace my wife's 2001 Infinity G20t and my 2002 Infinity QX-4 and our insurance cost went down. We are insured with USAA.

 

There are at least five things that affect insurance costs.
1. Cost to repair.
2. Cost to replace.
3. Driver record and risk (based on statistics, if the insurance company is honest).
4. Theft rates/breakin rates.
5. Performance in collisions (did the car protect the occupants well). This can be calculated by statistics for cars on the road for a few years, or by formula for new cars (airbags, crash ratings, etc).

Pearl ended up costing about the same as the anti-Prius (2001 Nissan Pathfinder LE 4WD), even though the anti-Prius was about $10,000 more expensive to purchase. There WAS a seven year gap between the two however (I didn't carry collision on the anti-Prius for the last 5 years of ownership).