The Biggest Factor in Auto Insurance

Your driving history and age are the biggest factors in getting affordable auto insurance. A good driver can see rates of around $118/mo. on average in the U.S.

Free Auto Insurance Comparison

 Secured with SHA-256 Encryption

Mathew B. Sims is Editor-in-Chief and has authored, edited, and contributed to several books. He has been working in the insurance industry ensuring content is accurate for consumers who are searching for the best policies and rates...

Full Bio →

Written by

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance...

Full Bio →

Reviewed byDaniel Walker
Licensed Insurance Agent

UPDATED: Apr 24, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Things to Remember...
  • A young person can mitigate the high cost of auto insurance, to some degree, by driving a car that’s not as expensive to insure
  • Check out the list of top stolen vehicles when you are car shopping. If your desired car is on the list, your insurance will cost more
  • Shop around and get quotes online to make sure you are getting the best rate

As we’ve talked about many times before, there are any number of factors that will contribute to your  auto insurance premium rates. What you may not realize is the pecking order that comes with those factors.

You can find and compare auto insurance quotes from many different insurance companies, just enter your zip code above right now!

Traditionally, it’s been the assumption of many that the most important factor in determining your auto insurance premiums would be the make, model and year of the vehicle that’s being insured.

According to a recent report, however, that may be an auto insurance myth.

You are the Biggest Factor

The report took a look at the most expensive vehicles to cover with auto insurance as well as the least expensive vehicles to cover.

While the make, model and year of the vehicle is indeed a factor, the fact is that the age of the driver actually plays a much more significant role, in terms of percentages, than any information about the vehicle.

Take, for example, the Mitsubishi Lancer. The Lancer is probably the most iconic on the list of top vehicles to insure, with its sporty look making an appearance in the movie “Fast and Furious.”

The Scion tC, Hyundai Tiburon and the Subaru Impreza WRX are some of the other vehicles at the top of the list in terms of auto insurance premium rates.

All of these vehicles tend to be purchased and driven by younger drivers, and they tend to be driven in a more reckless way.  Ask any auto insurance agent — they know!

Free Auto Insurance Comparison

Compare quotes from the top auto insurance companies and save!

 Secured with SHA-256 Encryption

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Cars that are Factors in Auto Insurance Rates

The one exception at the top of the list is the Cadillac Escalade EXT, which was actually the most expensive vehicle to insure, according to the report.

This vehicle is the number one target of thieves, which creates a serious problem for auto insurance companies.

Interestingly enough, the bottom five vehicles tell a different tale. They include cars like the Buick Rendezvous and the Honda Odyssey, which are vehicles that are mostly driven by an older demographic.

According to the report, those older drivers are likely to be more responsible and cautious than the younger drivers.

When you add in the statistics, you begin to see a significant pattern.

Not only are vehicles driven by a younger demographic going to cost more to insure out of the gate, but when younger individuals buy auto insurance their premium rates are going to be much higher than older individuals.

For a younger person to find cheap auto insurance, one of the best things they can do is to pick a vehicle that isn’t at the top of the list.

A young person can mitigate the high cost of auto insurance, to some degree, by driving a car that’s not as expensive to insure.

Save Money on Your Auto Insurance!

Enter your zip code in on this page to get started comparing free auto insurance rates and start saving some money!

FREE Auto Insurance Comparison

Compare quotes from the top auto insurance companies and save!

 Secured with SHA-256 Encryption