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The Insurance Institute for Highway Safety just released its latest status report on insurance claim information.
When it comes to collision coverage, by far the most expensive vehicles are luxury sports cars: They're powerful, hard to repair, and attract drivers who like going fast.
Among those ranked "worst" by the institute were Maseratis, Ferraris, and Lexuses.
The "overall losses" figure refers to the amount each insured car on the road cost the insurer: So the overall loss of $134 for the Chevy Tahoe hybrid means that for every Tahoe on the road, insurance companies paid out $134.
#10 The BMW 7 Series with four wheel drive cost insurance companies 165 percent more than the average vehicle.
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MSRP: $80,300
Claim Severity: $7,828
Overall Loss: $755
All coverage is for 2009-2011 models. Results represent overall losses, which reflect both the frequency of collision claims and the average loss payment per collision claim.
Source: Insurance Institute For Highway Safety
#9 Lexus' IS-F with four wheel drive was nearly as bad.
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MSRP: $61,600
Claim Severity: $8,487
Overall Loss: $852
All coverage is for 2009-2011 models. Results represent overall losses, which reflect both the frequency of collision claims and the average loss payment per collision claim.
Source: Insurance Institute For Highway Safety
#8 The Porsche 911 Turbo convertible had a sky high claim severity figure.
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MSRP: $149,000
Claim Severity: $24,679
Overall Loss: $855
All coverage is for 2009-2011 models. Results represent overall losses, which reflect both the frequency of collision claims and the average loss payment per collision claim.
Source: Insurance Institute For Highway Safety
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