why do luxury cars cost more to insure

Best answer


Repair costs

People also ask


  • Why is my car so expensive to insure?

  • The higher the value, or MSRP, of your car, the more expensive it is to insure. This is due to higher costs of repairs, replacement parts, particularly on foreign models, and the cost of replacing the expensive vehicle if there鈥檚 a total loss. Does it matter what kind of motor you have?

  • Do you own a luxury car and need insurance?

  • If you own a luxury car and need an insurance policy that is affordable, give an expert a calltoday. Licensed insurance agents have years of experience finding the right policy for each and every customer, and can help you find the policy that provides you with the coverage that you need without being too expensive.

  • What type of car is the least expensive to insure?

  • A mid-sized car, such as a sedan or mid-sized SUV, is usually the least expensive to insure. Are high-end cars more expensive to insure? The higher the value, or MSRP, of your car, the more expensive it is to insure.

  • How does insure com compare car insurance rates?

  • Every year, Insure.com compares car insurance rates in every state for approximately 3,000 different vehicle models to find both the cheapest and most expensive vehicles to insure.

    Leave a Comment