To determine the 25 most expensive cars to insure, we have examined data on insurance claim payments made by insurers. The annual cost includes six types of insurance: collision, property damage, comprehensive, personal injury, medical payment, and bodily injury. The data regarding the current retail model price range has been extracted from auto industry data resources Edmunds and Kelly Blue Book.

Here are the 25 most expensive cars to insure in 2019.

Rank Car Model Car Type Annual Average Cost to insurer Current Model Retail Price
1 Tesla Model X 4dr Electric 4WD Large luxury SUV $1,909 $87,000
2 Tesla Model S 4dr Electric 4WD Large luxury car $1,866 $71,000
3 Mercedes-Benz S-Class 4dr LWB Very large luxury car $1,783 $89,900-$229,500
4 Mitsubishi Lancer Small four-door $1,556 $9,995 – $15,499
5 BMW 4 Series 2dr Midsize luxury car $1,485 $44,800 – $53,200
6 Dodge Charger HEMI Large four-door $1,475 $29,220 – $65,545
7 Kia Optima Hybrid Midsize four-door $1,475 $28,090
8 Scion/Toyota FR-S Small two-door $1,447 $26,655 – $32,420
9 Chevrolet Camaro 2dr Large sports car $1,402 $25,000 – $62,000
10 Dodge Challenger Large two-door $1,399 $27,845 – $69,995
11 Infiniti Q50 4dr Midsize luxury car $1,386 $35,650 – $53,350
12 Lexus IS 200T 4dr Midsize luxury car $1,371 $50,915 – $54,355
13 Chrysler 200 Midsize four-door $1,365 $10,995 – $15,961
14 Land Rover Range Rover 4WD Large Luxury SUV $1,362 $89,160 – $208,200
15 Hyundai Sonata Hybrid Midsize four-door $1,352 $25,750 – $31,300
16 Ford Mustang 2dr Midsize sports car $1,333 $26,395 – $46,595
17 Mitsubishi Mirage Micro four-door $1,317 $13,795 – $16,995
18 Nissan Maxima Midsize four-door $1,314 $34,050 – $41,540
19 Kia Rio Mini four-door $1,295 $15,390 – $16,190
20 Kia Forte Small four-door $1,289 $17,790 – $21,990
21 Lexus GS 350 4dr Large luxury car $1,288 $50,915 – $54,355
22 Chevrolet Sonic Small four-door $1,282 $15,420 – $ 20,720
23 Lexus ES 300h 4dr Midsize luxury car $1,280 $41,460 – $45,210
24 Hyundai Accent Mini four-door $1,279 $14,995 – $19,080 
25 Nissan Versa Small four-door $1,271 $12,460 – $16,090


Getting insurance for a Leased Car:

Primarily, when you sign a lease, you also consent to meet insurance requirements for the entire timespan of your contract. Here are steps to take so that you can provide your lessor with evidence of insurance before leasing a vehicle:

  • Pick the best car for you.
  • Discuss with your leasing company to know what the minimum insurance requirements are.
  • Ascertain beforehand if you need any additional coverages.
  • Do your homework and choose an auto insurance policy that best suits you.
  • Purchase your insurance and get evidence of your insurance via email.
  • Provide the leasing company with evidence of your insurance, sign your lease, and enjoy your new vehicle

Facts about insurance for leased cars:

Who doesn’t love driving a brand new car? The new car smell solely is enough for me to crave to get a new one! Leasing a car is a much better decision if you want to save your cash. Leasing a car is an expedient way to get more for less money. With low interest rates, leasing has become the most economical trend than buying an expensive new car. Plus, you can just hand over the keys to your dealer once the lease is over. One important thing to consider here is to save money by getting the best lease and the cheapest insurance possible.

Before you lease your next car, here are a few important things you must know about car insurance for leased cars.

  1. Because you are just leasing the car and do not own it outright, you cannot take minimum car insurance. You have to take full insurance coverage. In addition to the basic liability insurance, you may be required to carry comprehensive and collision coverage with your car lease insurance company. Collision insurance pays for damage to your vehicle if you hit someone’s car, another vehicle hits you, or your vehicle rolls over, despite who is at fault. Comprehensive coverage helps pay for damage to your vehicle from events other than a car accident, including theft, vandalism, and certain natural disasters.
  2. If you want to insure your leased car, you will have to forward leasing company details to your insurance company. The leasing company will be the named insured on the policy because it is only being leased to you, and the leasing company has an interest in the car.
  3. Don’t get muddled about the deductible on your leased car insurance. Gap insurance does not cover your deductible.
  4. Some leasing companies specify in the leasing contract that if any repairs are made as a result of collision claim, you will have to pay for original replacement parts. On the other hand, car lease insurance policies offer a low-cost option that covers the difference between the cost of factory parts and generic parts.
  5. Remember, you can buy gap insurance even after your lease start date.
  6. Ensure that your lease down payment is covered by the gap insurance.
  7. Don’t forget that gap insurance can protect you as it also includes wear and tear insurance.
  8. Based on your location and your insurer, you can save money on automobile insurance by having a clean driving record. If you insure multiple vehicles with the same company, you may qualify for substantial discounts, too.