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Insurance Data

Car Insurance Cost Rankings

Compare annual insurance costs across every segment. Find out which vehicles are the cheapest and most expensive to insure in 2026.

$2,697/yr

National Average

$1,404/yr

Cheapest

$7,090/yr

Most Expensive

+49%

EV Premium

RankVehicleSegmentAnnual Costvs. National Avg
1
Maserati Quattroporte
Luxury
$7,090+163%
2
Maserati Ghibli
Luxury
$6,313+134%
3
Nissan GT-R
Sports
$6,079+125%
4
BMW M8 Gran Coupe
Luxury
$5,985+122%
5
Audi RS7
Luxury
$5,792+115%
6
Mercedes-AMG EQS
Luxury EV
$5,648+109%
7
BMW M8
Luxury
$5,552+106%
8
Audi e-tron GT
Luxury EV
$5,528+105%
9
Audi RS6
Luxury
$5,516+104%
10
BMW i7
Luxury EV
$5,486+103%

Average Cost by Segment

Low

Compact SUV

$1,500

per year average

Low

Minivan

$1,550

per year average

Medium

Midsize Sedan

$2,200

per year average

Medium

Full-Size Truck

$2,400

per year average

High

Sports Car

$3,800

per year average

High

Luxury Sedan

$4,200

per year average

High

Electric Vehicle

$4,043

per year average

EV vs Gas Insurance Comparison

EV VehicleEV CostComparable GasGas CostDifference
VW ID.4
$2,892VW Tiguan$2,100+38%
Ford F-150 Lightning
$3,012Ford F-150$3,018-0.2%
Tesla Model 3
$3,531BMW 3 Series$2,880+23%
Tesla Model Y
$4,248BMW X3$3,200+33%
Tesla Model X
$6,264BMW X5$4,100+53%

EV insurance costs are generally higher due to expensive battery replacements, specialized repair requirements, and higher vehicle values. However, some models like the Ford F-150 Lightning are closing the gap with their gas counterparts.

What Affects Insurance Rates

Safety Ratings

Vehicles with top IIHS and NHTSA safety ratings qualify for lower premiums. Advanced driver-assistance systems (ADAS) can reduce accident frequency and severity.

Repair Costs

Luxury and performance vehicles use specialized parts and require certified technicians, driving up claim costs and premiums significantly.

Theft Rates

Models frequently targeted by thieves—like certain Hyundai and Kia models—carry higher comprehensive premiums regardless of their base price.

Vehicle Value

Higher MSRP means more expensive collision and comprehensive coverage. Depreciation can actually lower insurance costs on older luxury vehicles.

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