So yes, you'll pay more for your SUV
insurance than your minivan insurance, but you're still saving hundreds of dollars per year compared to sports car insurance.
Not exact matches
According to the
Insurance Institute for Highway Safety, between the years 2005 and 2009, there were 33 driver deaths (which is less
than half the death rate for drivers of cars, SUVs,
minivans and pickups).
If you're buying a turbo, high - tech, red sports car with a spoiler, and you're a 17 year old boy, your
insurance rates are going to be a lot higher
than if you're a middle aged woman with a good driving record purchasing a
minivan.
Driving a
minivan will typically cost you anywhere from 12 % to 20 % less
than driving an SUV — at least from an
insurance standpoint.
Even if the sports car is older,
insurance companies will deem it a higher risk and the driver might pay more
than the driver of a brand new
minivan.