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Insurance Rates By Car and Tips For Buying

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Average used car insurance rates by year for 2006 to 2018

YearMakeModelAverage annual rate
2006 Least expensive used car rates
2006HondaOdyssey LX$922
2006ChryslerTown & Country$923
2006DodgeCaravan SE$925
2006DodgeGrand Caravan SE$955
2006FordEscape XLS$956
2006JeepWrangler SE$957
2006FordEscape XLS$958
2006SaturnVue$959
2006ChevroletExpress G1500$959
2006HyundaiTucson GL$963
2006ToyotaSienna CE$964
2006ChevroletExpress G1500 LS$965
2006 Most expensive used car rates
2006MercedesS65 AMG$2,141
2006MercedesSL65 AMG$2,016
2006MercedesS600$1,906
2006AudiA8 L Quattro$1,893
2006MercedesCL500$1,814
2006JaguarXKR Victory Limited$1,768
2006MercedesSL500$1,704
2006MercedesG55 AMG Grand Edit AWD$1,703
2006Porsche911 Carrera 4S$1,678
2006MercedesS500 AWD$1,653
2006Land RoverRange Rover Westminster$1,651
2006JaguarXK8 Victory Limited$1,632
2007 Least expensive used car rates
2007HondaOdyssey LX$936
2007DodgeCaravan SE$937
2007ChryslerTown & Country$944
2007FordEscape XLS$965
2007JeepWrangler X$966
2007JeepCompass Sport$967
2007HyundaiTucson GLS$972
2007FordEscape XLS$972
2007SaturnVue$972
2007ChevroletExpress G1500$978
2007 Most expensive used car rates
2007MercedesS65 AMG$2,274
2007MercedesSL65 AMG$2,073
2007MercedesS600$2,010
2007MercedesCLS63 AMG$1,944
2007Porsche911 GT3$1,923
2007AudiA8 L Quattro$1,919
2007JaguarXKR$1,847
2007MercedesS550 4MATIC AWD$1,788
2007MercedesSL550$1,757
2007Porsche911 Carrera 4S$1,748
2008 Least expensive used car rates
2008HondaOdyssey LX$952
2008JeepWrangler X$966
2008FordEscape XLS$986
2008ChryslerTown & Country LX$988
2008JeepPatriot Sport$990
2008ChevroletExpress G1500$991
2008HyundaiTucson GLS$997
2008HondaCR-V LX$998
2008ChryslerTown & Country LX$1,001
2008DodgeGrand Caravan SE$1,001
2008ToyotaSienna CE$1,003
2008 Most expensive used car rates
2008MercedesS65 AMG$2,348
2008MercedesSL65 AMG$2,187
2008Porsche911 GT2$2,108
2008Porsche911 GT3 RS$2,096
2008MercedesS600$2,092
2008MercedesS63 AMG$2,084
2008JaguarXKR Portfolio$2,026
2008MercedesCLS63 AMG$1,996
2008Porsche911 Turbo$1,993
2008MercedesSL550$1,856
2009 Least expensive used car rates
2009JeepWrangler X$980
2009HondaOdyssey LX$986
2009FordEscape XLS$1,001
2009SubaruOutback AWD$1,016
2009JeepPatriot Sport Off Road$1,020
2009VolkswagenRoutan SE$1,023
2009HyundaiTucson GLS$1,023
2009SubaruOutback L.L. Bean AWD$1,025
2009ChryslerTown & Country LX$1,026
2009ChevroletExpress G1500$1,026
2009HyundaiSanta Fe GLS$1,028
2009 Most expensive used car rates
2009MercedesS65 AMG$2,421
2009MercedesSL65 AMG$2,272
2009MercedesSL63 AMG$2,252
2009Porsche911 Carrera GT2$2,218
2009MercedesS63 AMG$2,153
2009MercedesS600$2,149
2009MercedesCLS63 AMG$2,140
2009AudiA8 L Quattro$2,097
2009JaguarXKR Portfolio SC$2,076
2009ChevroletCorvette ZR1$1,992
2009NissanGT-R$1,983
2010 Least expensive used car rates
2010JeepWrangler X$1,000
2010HondaOdyssey LX$1,009
2010FordEscape XLS$1,031
2010FordEscape XLT$1,036
2010VolkswagenRoutan S$1,037
2010HondaCR-V LX$1,043
2010DodgeGrand Caravan Hero$1,044
2010ChryslerTown & Country LX$1,045
2010JeepPatriot Sport Off Road$1,046
2010ToyotaTacoma$1,048
2010 Most expensive used car rates
2010MercedesS65 AMG$2,485
2010Porsche911 Carrera GT3 RS$2,308
2010NissanGT-R$2,242
2010MercedesS63 AMG$2,242
2010MercedesCLS63 AMG$2,229
2010MercedesS600 BI-T Turbo$2,216
2010JaguarXKR Portfolio SC$2,176
2010PorschePanamera Turbo$2,104
2010AudiA8 L Quattro$2,082
2010MercedesS550 4Matic AWD$2,081
2010ChevroletCorvette ZR1$2,079
2011 Least expensive used car rates
2011HondaOdyssey LX$1,032
2011VolkswagenRoutan S$1,049
2011FordEscape XLS$1,051
2011DodgeGrand Caravan C/V$1,054
2011JeepWrangler Sport$1,056
2011HondaCR-V LX$1,058
2011JeepPatriot Sport$1,062
2011JeepCompass$1,065
2011ToyotaSienna$1,066
2011ToyotaTacoma$1,066
2011 Most expensive used car rates
2011MercedesS65 AMG$2,867
2011MercedesSL65 AMG$2,678
2011Porsche911 Carrera GT2 RS$2,595
2011MercedesS600 BI-T$2,588
2011MercedesS63 AMG$2,583
2011MercedesSL63 AMG$2,541
2011PorschePanamera Turbo$2,432
2011JaguarXKR Portfolio SC$2,429
2011NissanGT-R$2,355
2011Porsche911 Carrera GT3 RS$2,353
2011MercedesCLS63 AMG$2,345
2012 Least expensive used car rates
2012FordEscape XLS$1,056
2012JeepWrangler Sport$1,063
2012HondaOdyssey LX$1,067
2012JeepPatriot Sport$1,072
2012DodgeGrand Caravan SE$1,073
2012HondaCR-V LX$1,073
2012DodgeGrand Caravan AVP$1,077
2012HyundaiTucson GL$1,078
2012VolkswagenRoutan S$1,083
2012FordTransit$1,084
2012 Most expensive used car rates
2012MercedesS65 AMG$2,984
2012MercedesSL65 AMG$2,760
2012MercedesS600 BI-T$2,678
2012MercedesSL63 AMG$2,660
2012MercedesS63 AMG$2,645
2012JaguarXKR Supercharged$2,562
2012PorschePanamera Turbo S$2,546
2012TeslaModel S Peformance EV$2,545
2012NissanGT-R$2,491
2012AudiA8 L 6.3 Quattro$2,448
2013 Least expensive used car rates
2013HondaOdyssey LX$1,070
2013HondaCR-V LX$1,076
2013JeepPatriot Sport$1,078
2013JeepCompass Sport$1,094
2013HyundaiTucson GL$1,097
2013JeepWrangler Sport$1,097
2013FordEscape S$1,097
2013DodgeGrandCaravan American Pkg$1,098
2013ChevroletExpress G1500$1,107
2013FordF-150 XL$1,112
2013 Most expensive used car rates
2013MercedesS65 AMG$3,070
2013MercedesSL65 AMG$2,881
2013NissanGT-R Black Edition$2,776
2013MercedesS600$2,767
2013MercedesS63 AMG$2,749
2013MercedesSL63 AMG$2,716
2013JaguarXKR Supercharged$2,679
2013PorschePanamera Turbo S$2,637
2013MercedesCLS63 AMG$2,589
2013Porsche911 Turbo S$2,561
2014 Least expensive used car rates
2014HondaOdyssey Lx$1,084
2014JeepPatriot Sport$1,096
2014HondaCR-V LX$1,097
2014JeepPatriot Sport$1,106
2014JeepCompass Sport$1,107
2014DodgeGrand Caravan SE$1,110
2014FordEscape S$1,110
2014JeepWrangler Sport$1,112
2014SubaruOutback 2.5I$1,121
2014NissanXterra X$1,123
2014 Most expensive used car rates
2014MercedesSL65 AMG$2,969
2014JaguarXKR-S$2,933
2014MercedesSL63 AMG$2,920
2014NissanGT-R Black Edition$2,860
2014Porsche911 Turbo S$2,837
2014PorschePanamera Executive$2,761
2014MercedesS63 AMG$2,703
2014AudiA8 L 6.3 Quattro$2,607
2014MercedesCLS63 AMG 4MATIC$2,576
2014BMW750i XDRIVE$2,517
2014MercedesS550 4MATIC AWD$2,514
2015 Least expensive used car rates
2015HondaOdyssey LX$1,098
2015JeepPatriot Sport$1,109
2015HondaCR-V LX$1,112
2015JeepCompass Sport$1,120
2015JeepWrangler Sport$1,124
2015DodgeGrand Caravan AVP$1,127
2015JeepCherokee Sport$1,129
2015FordEscape S$1,129
2015MazdaCX-5 Sport$1,131
2015NissanXterra X$1,133
2015BuickEncore$1,136
2015 Most expensive used car rates
2015MercedesSL65 AMG$3,035
2015NissanGT-R Nismo$3,027
2015NissanGT-R Black Edition$2,975
2015MercedesS65 AMG$2,954
2015JaguarXKR-S$2,927
2015MercedesSL63 AMG$2,925
2015PorschePanamera Tbo S Executive$2,866
2015Porsche911 Turbo S$2,853
2015MercedesS600$2,795
2015MercedesS63 AMG$2,773
2015AudiA8 L 6.3 Quattro$2,678
2015MercedesCLS63 AMG 4MATIC S$2,618
2015MercedesS550 4MATIC AWD$2,613
2015BMWAlpina B6 XDrive$2,585
2016 Least expensive used car rates
2016HondaOdyssey LX$1,113
2016HondaCR-V LX$1,170
2016DodgeGrand Caravan AVP$1,174
2016JeepPatriot Sport$1,180
2016JeepWrangler Sport$1,181
2016JeepCompass Sport$1,190
2016FordEscape S$1,194
2016BuickEncore Sport Tour$1,200
2016JeepCherokee Sport$1,203
2016NissanFrontier S$1,204
2016NissanXterra X$1,211
2016MazdaCX-5 Sport$1,211
2016SubaruOutback 2.5I$1,217
2016ChevroletColorado$1,223
2016HondaPilot LX$1,226
2016HyundaiTucson SE$1,227
2016ChryslerTown & Country LX$1,228
2016 Most expensive used car rates
2016DodgeGT Viper$4,048
2016MercedesSL65 AMG$3,797
2016MercedesS65 AMG$3,684
2016MercedesS600 BI-T$3,539
2016MercedesS63 AMG 4Matic$3,513
2016PorschePanamera S Executive$3,484
2016NissanGT-R Nismo$3,476
2016MercedesSL63 AMG$3,400
2016BMWM6 Gran Coupe$3,309
2016Land RoverRange Rover SC AUTOBIO$3,245
2016AudiRS7 Quattro Prestige$3,229
2016Porsche911 Carrera GT3 RS$3,212
2017 Least expensive models to insure
2017HondaOdyssey LX$1,112
2017JeepRenegade Sport$1,138
2017JeepWrangler Black Bear$1,148
2017HondaCR-V LX$1,170
2017JeepCompass$1,183
2017SubaruOutback 2.5l$1,187
2017JeepCherokee Sport$1,188
2017BuickEncore (tie)$1,190
2017JeepPatriot Sport (tie)$1,190
2017SubaruForester 2.5l$1,196
2017 Most expensive models to insure
2017MercedesS65 AMG$3,835
2017DodgeGTS Viper$3,779
2017MercedesS63 AMG$3,624
2017MaseratiQuattroporte GTS$3,547
2017MercedesS550$3,502
2017MercedesC43$3,418
2017MercedesMaybach S600$3,355
2017MercedesSL65 AMG$3.322
2017NissanGT-R Nismo$3,313
2017AudiR8 5.2L V10 Quattro$3,267
2018 Least expensive models to insure
2018JeepWrangler Freedom$1,169
2018HondaOdyssey LX$1,181
2018SubaruCrosstrek$1,236
2018SubaruOutback 2.5I$1,238
2018Fiat500X Pop$1,244
2018MazdaCX-3 Sport$1,248
2018MazdaCX-5 Sport$1,248
2018JeepCompass Sport$1,257
2018HondaHR-V LX$1,257
2018FordEscape S$1,258
2018 Most expensive models to insure
2018MercedesS65 AMG$3,890
2018MercedesS63 AMG$3,670
2018MercedesMaybach S650$3,558
2018PorschePanamera S$3,545
2018BMWM6 Gran Coupe$3,493
2018BMWAlpina B7 XDrive$3,465
2018BMWI8$3,460
2018NissanGT-R Nismo$3,458
2018MercedesSL65 AMG$3,449
2018MercedesAMG GT S$3,430


This year, the national average is $1,457, which is only a $92 increase from last year ($1,365).

RankStateAverage premiums
1Michigan$2,611
2Louisiana$2,298
3Florida$2,219
4Oklahoma$1,966
5DC$1,876
6California$1,846
7Rhode Island$1,834
8Delaware$1,828
9New York$1,789
10Texas$1,779
11Georgia$1,777
12Colorado$1,761
13Connecticut$1,640
14Wyoming$1,602
15Montana$1,600
16Kentucky$1,594
17Arkansas$1,566
18Maryland$1,546
19Nevada$1,525
20New Jersey$1,520
21West Virginia$1,472
22Arizona$1,449
23South Carolina$1,433
24Mississippi$1,409
25Washington$1,401
26Kansas$1,398
27New Mexico$1,382
28Minnesota$1,362
29Tennessee$1,297
30Illinois$1,296
31Nebraska$1,291
32Alabama$1,287
33Oregon$1,286
34Hawaii$1,275
35Missouri$1,272
36South Dakota$1,262
37Massachusetts$1,245
38Utah$1,206
39Pennsylvania$1,187
40Alaska$1,183
41Indiana$1,181
42Ohio$1,175
43North Dakota$1,164
44Vermont$1,100
45North Carolina$1,095
46New Hampshire$1,087
47Virginia$1,063
48Iowa$1,047
49Idaho$1,040
50Wisconsin$951
51Maine$845
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If you call any of these states home, your insurance bills will be higher (and in some cases much higher) than the national average. The reason varies. It may be a unique insurance system, loads of uninsured drivers or just plain high population density. Here are the top five most expensive states for car insurance, read them and weep.

Insurance Rates By Car and Tips For Buying

#1 Michigan: Life-time unlimited benefits

This is the sixth year in a row Michigan has topped our list, and the state has never managed a finish lower than third since Insure.com started the ratings. This is primarily due to its unique insurance system.

The average annual premium in Michigan came in at $2,611. This is a huge leap from last year, a $372 jump to be exact. It also puts Michigan a whopping 79 percent above the national average of $1,457.

The major issue in Michigan is its insurance system. Michigan has a very unique no-fault car insurance scheme, which requires all drivers to carry Personal Injury Protection (PIP) coverage. PIP helps cover medical expenses that the policyholder, family members or even passengers that are injured in a car accident incur. (Read: The Importance Of Having Insurance Vehicle)

The difference between Michigan and other PIP states is the coverage limits. The majority of other states that use a PIP system put a reasonable limit on PIP coverage amounts. However, Michigan guarantees unlimited, lifetime medical benefits to auto accident victims, which dramatically increases an insurer’s risk, and your premium.

#2 Louisiana: Lots of uninsured drivers, lots of lawsuits

Louisiana is back in the second spot for the third year in a row. It has been in the top five every year we’ve done the study. The average premium in the Pelican State hit $2,298, which is 58 percent more than the national average.

In Louisiana, the big factor bumping up rates is uninsured and underinsured drivers who like to sue each other.

The IRC study found that roughly 13 percent of Louisiana drivers don’t have car insurance. in addition to this, almost 40 percent are carrying the absolute minimum coverage levels, according to Louisiana Insurance Commissioner Jim Donelon.

State-required minimum coverage levels vary by state and in Louisiana all drivers must carry:

Bodily injury liability: The minimum is $15,000 per person and $30,000 per accident
Property damage liability coverage: The minimum is $25,000

While these aren’t the lowest minimums, these coverage levels will quickly be eaten up in even a semi-serious accident. This leads many drivers to turn to the legal system to get a higher payout. Louisiana Watchdog reports that Louisiana lawsuit costs are amount the highest in the U.S., with annual expenses nearly hitting $7 billion, 20.6 percent higher than the national average. Auto accidents are the largest portion of the tort system costs reaching nearly 3.4 billion.

#3 Florida: High-risk drivers, highest rate of uninsured drivers

The Sunshine state stayed in the third spot with an average premium of $2,219, which puts it 52 percent above the national average.

Uninsured drivers are a big factor for Florida with the IRC study ranking this state as having the highest rate of uninsured drivers in the nation. The survey estimates that 26.7 percent of drivers are out on the road without insurance. When a quarter of drivers are uninsured, it will absolutely increase the cost of insurance for everyone.

While Florida has more than its share of uninsured drivers it’s not the only factor affecting car insurance rates. It is home to an estimated 21.3 million people and not all of them fall into the right category for insurers.

“Florida has a larger percentage of riskier drivers,” points out Karen Kees, press secretary at the Florida Office of Insurance Regulation. “There are a high number of students due to the many universities in Florida, older drivers due to the large number of retirement communities, and drivers unfamiliar with the local roads due to our popularity with tourists.”

#4 Oklahoma: Uninsured drivers, severe weather claims

The Sooner State made a dramatic jump up the list this year, going from 13th in 2018 to number four this year. The average premium in Oklahoma was $1,966 or 35 percent above the national average.

Oklahoma has a couple of problems that help jack up insurance rates. “Automobile insurance rates are higher mainly because of the catastrophic storms Oklahoma experiences and the rather large number of uninsured motorists,” says Wayne Stewart, rate and form analyst with the Oklahoma Insurance Department.

Located in Tornado Alley, Oklahoma has experienced plenty of severe weather that leads to expensive claims for insurance companies and those costs end up hitting everyone’s premium.

According to a Farmers Insurance report, Oklahoma ranked sixth for hail damage claims from 2013 to 2017. Farmers’ data shows that 63 percent of their comprehensive auto insurance claims were connected to hail damage.

Uninsured drivers are the second major factor in Oklahoma that raises insurance rates. Officials with the Oklahoma Department of Public Safety estimated that roughly 600,000 Oklahoma residents were driving without valid car insurance. The IRC study says Oklahoma’s uninsured driver rate is 11 percent.

#5 Washington D.C: Densely populated, fewer minor claims

Washington D.C. closes out the top five with an average annual premium of $1,876, putting it 29 percent above the national average. D.C. moved up one spot after finishing in sixth last year.

The big reason that D.C. makes the cut is population density. The entire district is basically an urban area, which leads to higher insurance rates. According to Census information, D.C has a population density of 11,020 people per square mile. While this number is certainly smaller than New York City, which clocks in at 28,256 people, it puts it well above other large cities, such as Houston and even Los Angeles.

Highly-populated cities often have higher crime, claim and vandalism rates, which means insurers have to charge higher rates to cover their costs. Tons of cars crammed into a small space leads to more accidents, which leads to claims, which ends in high car insurance rates.

High rates of disposable income can also push up insurance rates and D.C definitely falls into that category. 24/7 Wall Street reviewed 2017 income levels to identify the 25 richest cities in America and the nation’s capital finished third.

How much auto insurance coverage to buy for your used car

  • Before getting quotes, map out what levels of comprehensive, collision and liability insurance you want.
  • Remember to be sure you compare rates for the exact same coverage levels -- an apples to apples comparison -- as you shop around. 
  • The level of insurance you need for your used car depends on your vehicle and situation. For instance, an older car may not need as much insurance as a one-year-old car.
  • One caveat: Insurance companies take an entire model’s claims history when devising rates. This means you will likely pay higher auto insurance rates regardless of your driving record if your car's model is often stolen, gets into many accidents or its drivers receive many tickets.
  • When choosing auto insurance, the first thing you need to decide is how much liability insurance to get.

How much liability insurance you need

Liability insurance covers injuries to people in another vehicle or property if you’re legally liable for an auto accident. Every state except New Hampshire requires at least a minimum level of liability insurance.
Liability insurance protects you and your assets in case of an accident. A used car can do as much damage to people and property as a new car so getting the right level of liability insurance is important.
Liability coverage is broken into two types: bodily injury and property damage. Though state minimums are much less, experts say you should get at least:
  • $100,000 coverage for bodily injury per person
  • $300,000 coverage for bodily injury per accident
  • $100,000 property damage for your vehicle
The higher the coverage the better since if your limits are exceeded you’ll be personally responsible.

Read: 7 Car Insurance Best 2019 and Tips Selecting It

Insuring a new, used car before you drive it




  • You'll need auto insurance before you drive off the lot or away from the curb of a private owner, so it's a good idea to contact your insurance company before making the purchase. That way, you can have that settled before you buy the car and then potentially forget and get into trouble with your insurance company – and finance company if you financed your used vehicle. You don’t want the finance company placing “forced” insurance on your vehicle at a very high cost. And make it clear if you are replacing a vehicle on your policy or adding an additional car to it, as that can make a difference on if there is immediate coverage with your current policy.
  • If you already own a vehicle, generally you can transfer your insurance to your new vehicle for at least a few days. It depends on your insurance company's policy and state laws on if there is coverage you’re your current policy and if so how soon you need a new insurance policy for your “new” car.
  • If you buy a vehicle over the weekend, you'll want to contact your insurance company before making the purchase.
  • If buying a vehicle from a private party and you’ll be making payments to the seller, to insure the car you will need to title it in your name. You need the seller to sign over the title to you and then put himself on the title as a lienholder, this allows you to title and insure the car and him to protect himself that you’ll pay for the car – or he can take legal action.

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