As you may probably know, quite a few variables are used by insurers in an effort to calculate insurance premiums. Unquestionably , the make and model of your car plays a huge role. And that makes sense. It would not be reasonable if all vehicles have to have exactly the same amount of insurance cover.

It really is common-sense to presume that fast and expensive vehicles can be more expensive to insure. Bigger engines generate more hp and as far as your insurance provider is concerned, this would mean higher rates.

But, does this actually mean that larger vehicles are always more costly to insure than small ones? The answer, believe it or not, is NO. Statistically, SUVs are cheaper to insure than the majority of cars. You are probably wondering why?

Ok, there are 2 main reasons, both linked to the kind of motorists who normally own such vehicles. SUVs are generally family vehicles. It is just natural for mothers and fathers who are driving their little ones to school or basketball practice to be more careful on the road. They tend not to drive during the night or in poor weather conditions. What this means, not surprisingly, is that SUVs have better “accident history” than some other vehicles. Its much more likely that a young driver will cause an accident with a small and less powerful vehicle, than a mom driving an SUV on her way to the supermarket.

Insurance providers pay a great deal of attention to these statistics. If a specific make and model has an excellent accident history, than its drivers will take advantage of cheaper insurance premiums.

A further reason why SUVs are less costly to insure is basic safety. Most family vehicles are loaded with safety features, which is considered one of their main selling factors.

A good arguing point here is that SUVs are not exactly the most eco friendly vehicles out there. It will not be a complete shock if in the very near future insurers start giving discount rates to “greener” vehicles. For the time being, owning a SUV suggests that you have an even better chance of finding affordable auto insurance.