10 most expensive car insurance | SeguroAuto.org

Are you looking to trade or buy a car? First, see here which models have the highest insurance.

To calculate the value of car insurance, the insurer takes into account not only the year and model of the vehicle, but also the customer's personal data, such as the driver's age, city where he lives, how much he uses it, how many people will drive the car and many others.

Due to all this information, it leads to some price distortions, if we compare the value of the car with the insurance value of one to another. Therefore, we cannot compare the price just by mentioning the vehicle model, but we can provide an average price.

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Here we list the 10 most expensive car insurance policies:

1. Mohave EX 4.6 V8: R$ 4,184.09
2. Veloster 1.6 Auto: R$ 3,895.16
3. Sportage EX 2.0 16 v Flex Aut.: R$ 3,765.68
4. Golf 1.6 Total Flex 4P: R$ 3,743.65
5. Kia Optima: R$ 3,698.89
6. Siena Attractive 1.4 Flex: R$ 3,500.30
7. Peugeot 3008 Griffe: R$ 3,438.49
8. Santa Fé GLS Aut.: R$ 3,154.56
9. Fiat Freemont Precision 2.4 Aut: R$ 3,130.32
10. Symbol Privilege 1.6 16V Hi-Flex: R$ 2,879.15

What to analyze in relation to the price of car insurance

It is important to remember that, for the same driver profile, different car models can have a large difference in the insurance value. An insurance price is usually between 3% and 4% of the total value of the car, if it exceeds that much, for example, 10% of the car's value, it is already considered a very high value.

If the car model has high rates of theft and accidents, then this will have a negative impact on the price of car insurance. That's why the best-selling popular cars are penalized, as they are the ones most targeted by thieves who sell their parts for scrap dealers, such as the Gol and Uno, which have expensive insurance on the market because they are among thieves' preferences. In the case of accidents, most do not even come with safety equipment, which does not help with the stability of the car in order to prevent accidents.

Accident and theft rates influence

Cars that have a lower accident and theft rate tend to be cheaper to insure. However, it is not just statistics that will influence the value. A type of “positive registration” began this year, that is, insurers will research the insured's history in other insurers, in order to benefit or harm them, including analyzing the characteristics of each model and brand of intrinsically, regardless of what the statistics indicate.

So models that have a high repairability rate and those that are equipped with safety equipment such as stability control and ABS brakes will have a lower insurance price and this is due to the cheaper price for their repair. Cars whose parts are easily found in Brazil are more affordable, as imported parts certainly take longer to arrive.

This also influences the pricing of launches, as newer models have cheaper insurance due to the lack of statistics, but if they belong to a brand with expensive parts, the price will certainly be affected.

If you want to know more about the cost of auto insurance for your car, get a quote here on our website.