Mercedes-Benz Cars Most Expensive to Insure, Says Study
Ryan Joseph Ramos February 8, 2013
A recent study on the current vehicle insurance costs has Mercedes-Benz cars topping the charts of the most expensive coverage, with the top 8 being populated by the German automaker’s offerings.
The list is led by the 12-cylinder model of the CL 600, which would set owners back by around $3,357 annually. Of course, this is understandable given the luxury brand’s product range. Eighty percent of the top 20 are occupied by Mercedes-Benz and Porsche cars.
The survey was conducted by Insure.com through polls in different states, with 10 zip codes being surveyed in each state. The study also did not take into consideration the insurance costs for exotic cars, as these would definitely fetch far more and won’t really be relevant for the common prospective buyer.
Owning the best of the best vehicles will logically cost you a bit in terms of insurance, although there are still many ways through which one can at least minimize these costs. One way is through comparing different insurance companies’ rates in order to find the best deal. There are many comparison tools online. For example, you can compare quotes, and insure your Benz at Kanetix so you know how much it will cost you to protect yourself and your precious ride.
