2012’s Cheapest Cars To Insure

Options For 2012’s Cheapest Cars to Insure.

 

The cost of insuring a vehicle is rarely considered by car buyers, but it is definitely something worth looking into before heading to the dealership.  Though we’ll never know exactly how car insurance companies calculate their rates, we do know that they are generally based on a number of factors in addition to the owner’s driving record.

Some of these factors include the vehicle’s safety ratings, any added aftermarket safety features, the likelihood the car will be targeted by thieves, and the vehicle’s MSRP.

If you’re hoping to buy a car in the coming months, according to an article by Insure.com, these are the three cheapest cars to insure in 2012.

Toyota Sienna

The Toyota Sienna actually holds the top two spots on Insurance.com’s list of cheapest cars to insure in 2012.  With an MSRP of $26,145, the Sienna LE is the cheapest car to insure this year due to an abundance of safety features that come standard on the minivan. One safety feature that particularly appeals to insurers is its engine immobilizer.

Cars equipped with engine immobilizers won’t start unless a micro-chip is within a certain distance around the vehicle.  Therefore, hotwiring this car simply isn’t going to work.

With an MSRP of $25,050, the base trim Sienna is the second cheapest car to insure this year. The reason why it is so cheap is that it’s really slow.

Not only do thieves not want to steal minivans, they especially don’t want to steal slow minivans.  Plus, because the Toyota Sienna is likely to be carrying precious cargo and therefore traveling cautiously, insurers reason that it’s less likely to be involved in accidents that result in serious injuries and extensive damage–both of which would cost the company a lot of money.

Jeep Patriot and Jeep Compass

Jeeps are usually thought of as dangerous due to the fact they are especially susceptible to rollovers.  However, the third and fourth cheapest cars to insure in 2012 are the Jeep Patriot and the Jeep Compass.

Even though they both have the same engine and sit atop the same platform, he Patriot is cheaper to insure because it just costs less.  Though with the Compass’ starting price of $19,295, neither are particularly expensive.

Like the Sienna, a 4-clylinder engine that doesn’t offer a lot of horsepower also keeps the insurance rates down on these two vehicles.

GMC Sierra K1500 and the Chevy Silverado 1500 Regular Cabs

Though they have different names, these two trucks are almost exactly the same vehicle.  Both manufactured by General Motors, they’ve got the same engine and the same low starting MSRP of $22,195.

Being as large as they are, these trucks are likely to incur little damage in accidents and because they are mostly used for work purposes, insurers figure that they’re not often traveling on crowded streets where accidents are more likely to occur.

This guest post was contributed by Brittany Larson of Hendrick Honda Pompano Beach

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One Response to “2012’s Cheapest Cars To Insure”

  1. The Toyota Sienna actually holds the top two spots on Insurance.com’s list of cheapest cars to insure in 2012. With an MSRP of $26,145, the Sienna LE is the cheapest car to insure this year due to an abundance of safety features that come standard on the minivan. One safety feature that particularly appeals to insurers is its engine immobilizer.

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