Based on data released by the Insurance Bureau of Canada, the following cars are believed to the top 10 most expensive vehicles to insure based on claims and theft costs:
If you are looking to purchase a new car, one of the costs that is most overlooked is the cost of insurance. There is currently a great deal in the news about the cost of petrol but consumers are not always aware of the biggest differences when you compare car insurance in Canada. Over time, the cars which tend to have the largest supply of sales are the ones at the higher end of the insurance premium market.
When car insurance broker s rate cars, they do so on the basis of their claims history of that specific vehicle as well as other factors including theft, frequency of accidents and cost of repairs. If you own one of the above cars, be sure to contact your local auto insurance specialist to make sure that you are getting the best rate.
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