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Consider vehicle type for best auto insurance rates

An individual's driving record and age play a large role in determining their car insurance premium. But one factor consumers can control when looking for the best auto insurance rate is the type of vehicle they purchase.

Some of the most expensive cars to insure are luxury class vehicles and sports cars, while mid-sized SUVs, station wagons and mini-vans are typically among the least expensive vehicles to insure.

According to a list of the most and least expensive vehicles to insure released by an insurance website, the Hyundai Santa Fe, a mid-sized SUV, is among the lowest at $832.

The Nissan GT-R, a sleek sports car rated Automobile of the Year by Automobile Magazine, is the most expensive to insure for model year 2009, the website reported.

In fact, four of the top five most expensive cars to insure and 13 of the top 20 were sports cars, the latest ranking shows.

Insurance experts say luxury vehicles and sports cars are more likely to have an insurance claim due to a higher rate of thefts and aggressive driving.

If insurers look at vehicle type when setting premiums, it makes sense for consumers to get the best auto insurance rate the same way.

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