Crash

According to Insure.com, a website that allows one to get quotes on car, life and other types of insurance, when it comes to the cost of insuring a vehicle, bigger just might be cheaper.

That is, they compared the rates for four of the nation’s largest insurers in various locales for a number of 2009 vehicles.  The company determined, for example, that the national average premium for a 2009 Honda Civic is $1,670 but a mere $1,194 for an F-150 (both predicated on the same type of driver with the same amount of driving and limits).

Now Insure.com does acknowledge that when it comes to gas prices, the Civic is more economical than the F-150.  In its reckoning, if someone drives 15,000 miles per year, 55% city and 45% highway, and if gas costs $4.04 per gallon, then the F-150 will have a bill at the pump of $4,042 and the Civic will cost $2,091.  That fuel savings doesn’t bridge the delta between the additional insurance premiums.

Why the big insurance price differences? ...Read More...

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Driven Archives

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Six Weeks
In announcing the latest in a seemingly endless series of restructurings last week, GM Chairman Rick Wagoner held forth on how quickly the automaker’s leadership team has responded to the quickly changing dynamics of the U.S. automotive landscape.  This latest plan, he marveled, was developed a mere six weeks after GM announced plans to ...Read More...