Least expensive cars to insure

Cars are cheap to insure when they are large, conservative and not sporty. The following is a list of the top ten least expensive cars to insure.

1 Volvo XC90 - By far the least expensive car to insure, based mostly on crash statistics and safety.
2 Chevrolet Malibu Maxx3 GMC Safari - Large family mini bus, this is safe and a soccer mom car - which it is one of the cheapest cars to insure.
4 Buick LeSabre - Large and conservative.
5 Nissan Pathfinder Armada -2004 Large tank.
6 Pontiac Montana -Family wagon low cost to insure because its a family car.
7 Mazda MPV -Mini van.
8 Ford Thunderbird - Large, safe, driven by low risk divers, therefore not expensive to insure.
9 Pontiac Montana - Mini van.
10 Ford Taurus -wagon - I think this is one of the least expensive cars to insure because its a family car, its favored by family drivers and family drivers drive safe.

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What determines how much a car is to insure

Factors such as your demographics (age, gender etc), your location, your driving record are obvious. However, the make and model of your car will determine how much your auto insurance will cost.

The cost to insure your auto is determined by 4 factors:

1. Horse power - the bigger the engine the more chances you will drive fast.
2. Cost of repair - the higher the price tag of the car, the greater liability, therefore greater collision-damage costs.
3. Bigger is sometimes better - statistics show contrary to popular wisdom that small sporty cars outmaneuver accidents, statistics show the converse is true.
4. Boring is better - family cars get a discount when it comes to auto insurance. Why? Simply because these family vehicles, often times boarding between autos and tanks, get in much fewer accidents. When it comes to family driving, families drive safer.

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Biggest Auto Insurance companies

What are the largest auto insurance companies in the USA?
1. State Farm Mutual
2. Allstate Insurance
3. Progressive Casualty
4. National Indemnity
5. Farmers Insurance
6. Nationwide
7. USAAG - United Services Automobile Association Group
8. AIG- American International Group
9. Liberty Mutual
10. American Family Insurance Group

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10 trillion dollars for auto insurance

How much do we pay for auto insurance in the USA? Over 10 really 11 trillion dollars. Why so much? Because the US appetite for large SUVs and luxury cars is like a juggernaut that was no sign of ceasing. Look around you and see how many large cars there are. Even with the USA in a recession, its not like a recession in Eastern Europe or the way it use to be in the USA. The US has a cushion of wealth. Therefore, the expensive car market has been growing at a rate of 12 % a year for the last 5 years.

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Why auto insurance is higher is you are single

Auto insurance is higher if you are single not because you are a worst driver than your married peers; rather, your auto insurance is higher because statistically you are more likely to commit auto insurance fraud. This seems unfair, but the nature of auto insurance to statistically uncover the realities of a demographic groups. Therefore if an auto insurance group has a significantly higher payout, whatever the cause, then the result is the group as a whole suffers. Married people are less likely to commit fraud because they have a family to think of and are focusing their cognitive energies on legal ways to make money; as their indifference curve connected to risk is more skewed toward legal endeavors. It might also say something about the type of people who get married, although I have no statistics on it I think they are less likely to commit crimes across the board, including auto insurance fraud.

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