A recent study from Quadrant Information Services looked at which 2015 vehicles have the best bang for their buck in regards to insurance. The study investigated 20 of the most popular 2015 models by comparing their average annual cost to insure to each vehicle’s manufacturer’s suggested retail price (MSRP). One of the most interesting outcomes shows that sport utility vehicles and trucks account for eight out of the best nine values, and 11 of the worst values are sedans.
Vehicle Avg. Annual Ins. Cost MSRP Cost Ratio
1. Ford Explorer $1,301 $34,345 3.8%
2. GMC Sierra $1,272 $28,315 4.5%
3. Chevy Silverado $1,269 $27,815 4.6%
4. Chevy Equinox $1,265 $26,105 4.8%
5. Dodge Ram 1500 $1,302 $26,855 4.8%
2. Toyota Corolla $1,400 $18,665 7.5%
3. Hyundai Elantra $1,384 $19,085 7.3%
4. Honda Civic $1,368 $19,910 6.9%
5. Chevrolet Cruze $1,318 $19,695 6.7%