You may know that it costs more to repair some cars than others, and more to insure
some cars than others. It may not have dawned on you that this also translates
into higher claims payments from you
insurance company. What does that mean to
you? Higher claims typically lead to higher
insurance rates. For example, when
you file a claim with your insurance company, there’s a good chance that
your rates will go up at the time of renewal. The dollar amount of that claim
can have a big impact on your rate increase. Below you’ll find the most
and least expensive models for various types of claims.
Models that are among the most expensive for theft claims include:
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- Acura Integra two-door
- Acura Integra four-door
- Jeep Wrangler
- Jeep Cherokee four-door
- Honda Prelude two-door
Models that are among the most expensive for injury claims include:
- Suzuki Esteem four-door
- Mitsubishi Mirage four-door
- Kia Rio four-door
- Mitsubishi Mirage two-door
- Kia Sephia four-door
Models that are among the most expensive for collision claims include:
- Lexus IS 300
- Hyundai Tiburon two-door
- Kia Spectra four-door
- Suzuki Esteem four-door
- Mitsubishi Mirage four-door and Audi A6 Avant Quattro station wagon (tie)
Models that are among the least expensive for theft claims include:
- Buick LeSabre
- Mercury Grand Marquis
- Buick Century and Saab 9-5 four-door (tie)
- Buick Park Avenue and Pontiac Montana (tie)
Models that are among the least expensive for injury claims include:
- GMC Yukon XL 1500 two-wheel drive
- GMC Yukon two-wheel drive
- Chevrolet Tahoe two-wheel drive
- GMC Yukon XL 1500 four-wheel drive
- GMC Sierra 2500 four-wheel drive
Models that are among the least expensive for collision claims include:
- GMC Yukon two-wheel drive
- GMC Yukon XL 1500 two-wheel drive
- Chevrolet Tahoe two-wheel drive
- Ford Excursion two-wheel drive
- Ford Escape two-wheel drive
Please note that this description/explanation is intended only
as a guideline.