The purchase of a car is associated with a series of unavoidable expenses. Taxes, consumption, insurance and maintenance are fundamental aspects to consider when purchasing a vehicle, so we must take into account the cost of all these concepts when properly planning the operation with the budget we have.
Insuring the car is required by law. Civil liability insurance, also known as third-party insurance, only covers damage caused to third parties in the event of an accident. It is the most basic, but there are more complete options that offer a higher level of protection and peace of mind for the vehicle owner. As coverage increases, the price of the policy also increases.
The make and model of the car also influences the price of the insurance bill, so when planning the purchase of a new car this is an aspect that we should not overlook. Above all, taking into account that between some brands and models there can be a price variation in the premium of up to 77%, according to the insurance comparator Rastreator, which has prepared a ranking of the 10 most expensive and cheapest models to insure.
The Audi 7 Sportback (1,288 euros) tops the ranking of the most expensive cars to insure, closely followed by two other high-end models. The BMW 6 Series (1,284) and the Audi A8 (1,274 euros) occupy the other two positions on the podium. Both cars from the Munich-based manufacturer (BMW) and the Ingolstadt-based manufacturer (Audi) are the majority in this top 10 most expensive models to insure.
The Mercedes CLS (219), eighth (1,077 euros), also appears in this classification, as does the Ford Mustang, fifth (1,177 euros), which is the only one of the 10 models that is not German-made.
The most common thing is that people who have this type of vehicle take out more complete insurance, so the cost will always be higher. In fact, as can be seen from the Rastreator study, 80% of Spaniards think that high-end cars need more complete insurance to be better protected.
Antonio Rubio, head of auto insurance at Rastreator, explains that high-end passenger cars “usually involve higher average premiums, since they are more valuable brands and, therefore, all their components are also more expensive.” “From the technologies they use, as well as the parts or revisions in the workshop, they entail a higher maintenance or repair cost, something that the insurer itself will assume and therefore will directly affect the average insurance premium,” he adds.
On the contrary, there are also a series of brands that are more suited to the needs of most pockets. The brand of British origin that is currently a Chinese automobile manufacturer, MG, tops the list of the cheapest with its MG ZS model (304 euros). It is followed by the Suzuki Vitara (313 euros), the most successful off-road vehicle from the Japanese firm that was born in 1987, while the Dacia Duster (327 euros) closes the podium of the most economical models.
It is closely followed by the Hyundai Cona (328 euros), the Dacia Sandero Stepway (332 euros), the Renault Captur (335 euros), the Hyundai Tucson (345 euros), the Kia Sportage (351 euros), the Nissan Qashqai ( 359 euros) and, finally, the Seat Arona (361 euros).
There are other factors that also affect the premium, such as accident history, since the driver's driving experience is one of the factors that assume the most weight in calculating the insurance price. In addition, there are other aspects of the insured's profile such as age that also influences, since driving experience, their profession or their marital status can vary the price of the insurance.
“It is essential to know the different options on the market, compare and read the fine print carefully to be clear about what coverage we are going to pay for and thus prevent the insurance premium from increasing unnecessarily,” explains Rubio.
