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Protecting Your Investment
Need a car to get you from Point A to Point B without costing you a fortune each month in insurance premiums? AutoGuide has compiled a list of the Top 10 cheapest cars to insure. The estimated annual premiums for the vehicles on this list are based on a study conducted by Insure.com, which calculated averages from Allstate, Geico, Farmers, Nationwide, Progressive and State Farm. The insurance prices are based on full coverage for a 40-year-old male with a clean driving record and good credit and a 12-mile commute to work each day. Rates are based on $100,000 injury liability for one person, $300,000 for all injuries and $50,000 for property damage with a $500 deductible on collision and comprehensive coverage.
If you’re shopping around for vehicles with the lowest insurance rates, you’re in luck. Insure.com has just released their Low Cost Car Insurance Awards of the least expensive vehicles to insure.
Topping the list of the least expensive 2010 vehicles to insure is the Mazda Tribute i, which costs an average of $1070.25 to keep insured. Insure.com garners these awards based on a survey of average car insurance rates for more than 2,400 vehicles for the 2010 model year.
The top Low Cost Car Insurance Award winners in each category are as follows:
- Cars: Dodge Caliber 4-door hatchback
- SUVs: Mazda Tribute i 2WD 4-door Utility
- Vans: Honda Odyssey LX 5-door 2WD
- Trucks: GMC Canyon WT 2WD 2-door 2.9L
You’ll find a full list of Low Cost Car Insurance Award winners after the jump.