Most and least expensive vehicles to insure in big cities - PropertyCasualty360
If you own a Dodge Ram Pickup, it'll cost you an annual average of $650 to insure it in Seattle. Yes, that's right: there's a difference of $4,682 to insure the same truck based on the city you live in, according to NerdWallet's latest study titled " Car Insurance for Popular Cars: Most and Least Expensive Vehicles in Big Cities. In the report, NerdWallet analyzed the average cost to insure the three best-selling sedans, SUVs or crossovers and pickup trucks of 2014 (taken from Bloomberg, with MotorIntelligence data provided by AutoData, and hybridcars. com) in the 25 most populous cities in the U. S. NerdWallet chose six ZIP codes in each of the 25 most populous U. S. cities, using a stratified sampling method, and ran car insurance quotes for 36 driver profiles: 27-year-old single men and women... The 41-year-old drivers were quoted 100/300/100 liability coverage limits and the same amount of uninsured motorist coverage. All profiles have a comprehensive and collision deductible of $500. NerdWallet averaged the three cheapest quotes for each driver profile. Even the best drivers can be charged higher rates if they live in areas with high accident rates. Source: www.propertycasualty360.com
