{"id":1971,"date":"2024-11-26T05:59:00","date_gmt":"2024-11-26T05:59:00","guid":{"rendered":"https:\/\/www.southernharvestinsurance.com\/blog\/?p=1971"},"modified":"2025-08-22T14:50:22","modified_gmt":"2025-08-22T14:50:22","slug":"car-make-model-insurance-rates","status":"publish","type":"post","link":"https:\/\/www.southernharvestinsurance.com\/blog\/auto-insurance\/car-make-model-insurance-rates\/","title":{"rendered":"The Impact of Your Car’s Make and Model on Your Insurance Rates\u00a0"},"content":{"rendered":"
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Nothing beats that new-car smell. And even if it’s not new \u2014 it’s new to you. You’ve got freedom of the road. The last thing you want to have to think about with your new (or “newish”) vehicle in your driveway, garage, or apartment parking lot is <\/span>car insurance<\/span><\/a>. That just makes you imagine your shiny new ride as damaged, totaled, vandalized, or stolen.<\/span>\u00a0<\/span><\/p>\n

But guess what? New (and newish) cars take major hits like that all the time. That’s why you have protection. What might really surprise you is that your car model affects insurance. Some makes and models are more expensive to insure for a variety of reasons. Here’s why.<\/span>\u00a0<\/span><\/p>\n

Steering Through Insurance Rates: The Role of Car Makes and Models<\/span><\/b>\u00a0<\/span><\/h2>\n

What are car insurance rates based on? Does insurance depend on the type of car? And does the type of car affect insurance rates? It certainly can. Some makes and models are more likely than others to get damaged, cost more to repair, or otherwise attract higher claims.<\/span>\u00a0<\/span><\/p>\n

Unveiling the Connection<\/span><\/b>\u00a0<\/span><\/h3>\n

Luxury models, imports, high-performance vehicles, and less common cars in the U.S. tend to cost more to repair. That’s a fact insurance companies have to deal with every day. They keep statistical track of the worst offenders, so to speak, and set their rates accordingly.<\/span>\u00a0<\/span><\/p>\n

It makes sense when you think about it in a supply-and-demand sort of way. If the supply of parts \u2014 and mechanics, for that matter \u2014 is limited, you’ll pay more. You’ll also have to dig deeper if your car is expensive because it will be similarly costly to repair or replace.<\/span>\u00a0<\/span><\/p>\n

Insurers try to get ahead of such risks by making you, in effect, pre-pay for the claims they think you could make over time.<\/span>\u00a0<\/span><\/p>\n

Under the Hood: Impact of Vehicle Types on Premiums<\/span><\/b>\u00a0<\/span><\/h3>\n

If you buy or lease certain models, your car payments are likely to be pretty memorable. That’s why it makes sense to get ahead of the curve by knowing what you’ll also be charged for your auto insurance. Start with some general guidelines.<\/span>\u00a0<\/span><\/p>\n

Costly Curve: The Most Expensive Models to Insure<\/span><\/b>\u00a0<\/span><\/h3>\n

If you’re like most Georgians, you won’t have to ask how much it might cost to insure the Rolls-Royce La Rose Noire Droptail two-seater. You probably wouldn’t even notice how much your monthly premiums were if you could afford the car’s $30 million sticker price.<\/span>\u00a0<\/span><\/p>\n

But it does illustrate a persistent fact: The more your vehicle costs, the more you’ll pay in car insurance. And why shouldn’t that be the case? It will cost your insurer plenty if they need to repair or replace a costly ride.<\/span>\u00a0<\/span><\/p>\n

The Droptail is a rather over-the-top example of the economics of auto policies, but it might help you understand what you’re likely to pay for a real-world, higher-priced vehicle. Here are some additional insights into the connection between vehicle quality and insurance premiums.<\/span>\u00a0<\/span><\/p>\n

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Luxury Lanes: High-End Models That Drive Up Rates<\/span><\/b>\u00a0<\/span><\/h3>\n

The more expensive the vehicle, the costlier the replacement parts. That makes sense \u2014 right? At least you hope your $3.8 million Lamborghini Veneno Roadster doesn’t use the same cheap parts you can find at any service garage or parts store. Or why are you paying seven figures for your sporty ride?<\/span>\u00a0<\/span><\/p>\n

When your high-end vehicle gets damaged, vandalized, or stolen, your insurer must cut fat checks to replace the parts \u2014 or the entire vehicle.<\/span>\u00a0<\/span><\/p>\n

With that understanding, here are a few of the bigger-ticket vehicles that might more realistically fit in your own budget \u2014 even if they stretch it a bit. All are 2024 models, and the figure is the Manufacturer’s Suggested Retail Price (MSRP) starting point.<\/span>\u00a0<\/span><\/p>\n