Most Expensive Cars to Insure for New Drivers in 2023

Why Do New Drivers Pay More for Car Insurance?

New drivers are considered to be more of a risk for insurance companies due to the lack of experience on the road. As a result, new drivers typically pay more for car insurance than experienced drivers. It’s important for new drivers to understand the factors that can influence their premiums, so they can make informed decisions when choosing a car.

What Are the Most Expensive Cars to Insure for New Drivers?

When selecting a car, new drivers should consider the cost of insurance. Premiums can vary based on the type of car, its make and model, and the driver’s risk profile. Some of the most expensive cars to insure for new drivers include luxury sports cars, high-performance models, and large SUVs.

Luxury Sports Cars

Luxury sports cars are among the most expensive cars to insure for new drivers. Insurance companies view sports cars as risky due to their powerful engines, high speeds, and aggressive driving styles. As a result, premiums for luxury sports cars can be significantly higher than for other types of cars.

High-Performance Models

High-performance models are also expensive to insure for new drivers. These cars are designed for speed and acceleration and can be extremely powerful. Insurance companies view these cars as a risk due to the potential for reckless driving and accidents. As a result, premiums for high-performance models can be significantly higher than for other types of cars.

Large SUVs

Large SUVs can also be expensive to insure for new drivers. These cars are often heavier and less maneuverable than smaller cars, which can increase the risk of accidents. Additionally, larger SUVs tend to be more expensive to repair, which can result in higher insurance costs. As a result, new drivers should consider the cost of insurance when selecting a large SUV.

How Can New Drivers Save on Car Insurance?

New drivers can save on their car insurance by selecting a car that has fewer risk factors. Cars with smaller engines, lower performance, and good safety ratings can be less expensive to insure. Additionally, new drivers should shop around for insurance quotes to find the best rates. By taking the time to compare quotes, new drivers can find an insurance policy that meets their needs and budget.