The website Insure.com just released its annual lists of the most frugal and furious vehicles for 2020 when it comes to auto insurance costs, and we’re featuring both of them below. As before, SUVs and crossovers dominate the list of 20 models having the lowest average premiums. While in past years the top pick in this regard may have been a child-toting minivan, the 2020 pick is the lively Mazda CX-3 subcompact crossover SUV.
“The Mazda CX-3 has steadily climbed through our rankings since 2017,” says Penny Gusner, senior consumer analyst for . “The car was ranked 12th least expensive to insure in 2017, rose to 6th place in 2018 and was in 4th place last year.” At the other end of the spectrum sits the frighteningly quick and costly Mercedes-Benz AMG GT R sports coupe, with an average annual premium of $4,082. That’s a spread of $2,758 per year over the lowest rate on the chart, or a total of $13,790 over a five-year ownership period.
As always the 20 models on the costliest-to-cover list include some of the most coveted cars in production that can be budget busters to repair, given their high-end finishes and tons of advanced technology. They also have to reach a much higher cost threshold than the average people mover to be totaled in a wreck. Mercedes placed two models among the 10 costliest cars to cover this year, which is a vast improvement from 2019 when the automaker accounted for half of the top 10.
Take note, however, that the premiums presented here are national averages. Insure.com commissioned Quadrant Research to determine them using data from the nation’s six largest carriers. They assume a 40-year-old male driver having a 12-mile daily commute with a clean driving record and full coverage with typical policy limits and deductibles.
Why isn't Ferrari and Lamborghini on the list of most expensive Cars?
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