Comparison of Differences in Insurance Costs for Passenger
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DOT HS 812 039 June 2014 Comparison of Differences in Insurance Costs for Passenger Cars, Station Wagons, Passenger Vans, Pickups, and Utility Vehicles on the Basis of Damage Susceptibility DISCLAIMER This publication is distributed by the U.S. Department of Transportation, National Highway Traffic Safety Administration, in the interest of information exchange. The opinions, findings, and conclusions expressed in this publication are those of the authors and not necessarily those of the Department of Transportation or the National Highway Traffic Safety Administration. The United States Government assumes no liability for its contents or use thereof. If trade or manufacturers’ names or products are mentioned, it is because they are considered essential to the object of the publication and should not be construed as an endorsement. The United States Government does not endorse products or manufacturers. U.S. Deportment 1200 New Jersey Avenue, SE of Transportation Wash1ngton. DC 20590 National Highway Traffic Safety Administration Dear Prospective Purchaser: Attached please find a copy of the June 2014 Relative Collision Insurance Cost Information Booklet provided by the National Highway Traffic Safety Administration, an agency of the U.S. Department of Transportation. Pursuant to NHTSA's regulation in Title 49 of the Code of Federal Regulations, Part 582, Insurance Cost Information Regulation, NHTSA is required to make available to prospective purchasers information regarding comparative insurance costs, based on damage susceptibility and crash worthiness, for makes and models of passenger cars, station wagons, passenger vans, pickups, and utility vehicles. As a result of Public Law 112-252 signed into law by Congress on January 10, 2013, the requirement for passenger motor vehicle dealers to distribute this information to prospective buyers was repealed. Therefore, dealerships are currently no longer responsible for reproducing and maintaining copies of the booklet in their showrooms for prospective purchasers of new vehicles. However, this booklet can still be downloaded and printed from the NHTSA Web site at www.nhtsa.dot.gov/. From the NHTSA Web site, click on the "Vehicle Safety" tab, then choose the "Vehicle-Related Theft" category; on that page, under the "Additional Resources Panel," click on "2014 Comparison of Insurance Costs." S incere ~y yours, r ,() _~})~ 0 . Kevin Vincent Chief Counsel Enclosure June 2014 Comparison of Differences in Insurance Costs for Passenger Cars, Station Wagons, Passenger Vans, Pickups, and Utility Vehicles on the Basis of Damage Susceptibility The National Highway Traffic Safety Administration has provided the information in this booklet in compliance with Federal law as an aid to consumers considering the purchase of new vehicles. The booklet compares differences in insurance costs for different makes and models of passenger cars, station wagons, passenger vans, pickups, and utility vehicles on the basis of damage susceptibility for the vehicle.1 However, it does not indicate a vehicle's relative safety for occupants. The following table contains the best available information regarding the effect of damage susceptibility on insurance premiums. It was taken from data compiled by the Highway Loss Data Institute (HLDI) in its December 2013 Insurance Collision Report, and reflects the collision loss experience of passenger cars, station wagons, passenger vans, pickups, and utility vehicles sold in the United States in terms of the average loss payment per insured vehicle year for model years 2011-2013. NHTSA has not verified the data in this table. The table presents vehicles' collision loss experience in relative terms, with 100 representing the average for all passenger vehicles. Thus, a rating of 122 reflects a collision loss experience that is 22 percent higher (worse) than average while a rating of 96 reflects a collision loss experience that is 4 percent lower (better) than average. The table is not relevant for models that have been substantially redesigned for 2013, and it does not include information about models with insufficient claim experience. 1 This booklet reflects the vehicle groupings as revised by HLDI since implementation of NHTSA’s final rule (See 60 FR 15509, March 24, 1995) 1 Although many insurance companies use the HLDI information to adjust the "base rate" for the collision portion of their insurance premiums, the amount of any such adjustment is usually small. It is unlikely that your total premium will vary more than 10 percent depending upon the collision loss experience of a particular vehicle. If you do not purchase collision coverage or your insurance company does not use the HLDI information, your premium will not vary at all in relation to these rankings. In setting insurance premiums, insurance companies mainly rely on factors that are not directly related to the vehicle itself (except for its value). They mainly consider driver characteristics (such as age, gender, marital status, and driving record), the geographic area in which the vehicle is driven, how many miles are traveled, and how the vehicle is used. However, some companies adjust their premiums for personal injury protection and medical payment coverage if the insured vehicle has features that are likely to improve its crashworthiness, or ability to protect occupants from injury or death, such as air bags. Different insurance companies often charge different premiums for the same driver and vehicle. Therefore, to obtain complete information about insurance premiums, you should contact insurance companies or their agents directly. Test data relating to vehicle crashworthiness is available from NHTSA’s 5 Star Safety Ratings program. The program provides comparative information on the safety of new vehicles to assist consumers with vehicle purchasing decisions. Every year, the 5 Star Safety Ratings program rates selected new vehicles for frontal and side crashworthiness and rollover resistance. Beginning in 2010, vehicles that are equipped with three recommended advanced crash avoidance technologies that help drivers avoid crashes and meet the performance requirements set forth under the program are given credit on the agency’s Web site, www.SaferCar.gov. Information on vehicles that NHTSA has tested under the 5 Star Safety Ratings program can be obtained from a new vehicle’s 2 price sticker (known as the Monroney label), by calling the agency’s toll-free Auto Safety Hotline at 888-327-4236, and through the Web site at www.SaferCar.gov. 3 Collision Insurance Losses Model Years 2011 – 2013 Passenger Motor Vehicles Micro Cars Relative Average Loss Payment per Insured Make Model Vehicle Year 2-door models 79 Smart ForTwo convertible 59 Smart ForTwo 68 Scion iQ 98 Mini Cars Relative Average Loss Payment per Insured Make Model Vehicle Year 2-door models 89 Fiat 500 convertible 67 Fiat 500 77 Mini Cooper convertible 79 Mini Cooper Roadster convertible 87 Mini Cooper Clubman 91 Mini Cooper 95 Mini Cooper Coupe 99 Toyota Yaris 114 4-door models 113 Kia Rio 105 Mazda 2 106 Ford Fiesta 108 Chevrolet Spark 110 Toyota Yaris hatchback 112 Hyundai Accent 113 Station wagons 92 Honda Fit 81 Kia Rio 95 Ford Fiesta 100 Hyundai Accent 101 Sports models 79 Mazda MX-5 Miata convertible 78 4 Small Cars Relative Average Loss Payment per Insured Make Model Vehicle Year 2-door models 124 Volkswagen New Beetle Convertible 81 Hyundai Veloster turbo 92 Honda Civic 106 Hyundai Veloster 109 Volkswagen Golf 109 Volkswagen New Beetle 113 Honda CR-Z hybrid 115 Kia Forte 121 Hyundai Elantra 126 Honda Civic Si 137 Volkswagen GTI 138 Scion tC 143 Subaru BRZ 181 Volkswagen Golf R 4WD 196 Scion FR-S 210 4-door models 107 Chevrolet Cruze 91 Nissan Leaf electric 92 Hyundai Elantra GT 94 Honda Civic 94 Acura ILX 96 Honda Civic hybrid 100 Toyota Prius hybrid 100 Hyundai Elantra 103 Volkswagen Golf 103 Nissan Juke 4WD 103 Chevrolet Sonic 104 Subaru Impreza 4WD 104 Dodge Dart 105 Nissan Juke 107 Honda Insight hybrid 107 Mazda 3 108 Chevrolet Volt 109 Kia Forte 110 Mitsubishi Lancer hatchback 113 Honda Civic Si 114 Ford Focus 116 Toyota Prius plug-in hybrid 116 Nissan Sentra 117 Toyota Corolla 119 Nissan Versa 119 Volkswagen GTI 121 Toyota Prius C hybrid 123 5 Suzuki SX4 153 Mitsubishi Lancer 153 Volkswagen Golf R 4WD 157 Subaru Impreza WRX 4WD 177 Mitsubishi Lancer 4WD 200 Mitsubishi Lancer Evolution 4WD 260 Station wagons 97 Subaru XV Crosstek 78 Toyota Matrix 4WD 79 Mini Countryman 2WD 82 Chevrolet Sonic 84 Scion xB 87 Ford C-Max hybrid 91 Kia Forte 92 Kia Soul 95 Mini Countryman 4WD 95 Mazda 3 97 Scion xD 97 Subaru Impreza 4WD 100 Suzuki SX4 4WD 102 Toyota Prius V hybrid 103 Nissan Cube 104 Ford Focus 105 Toyota Matrix 108 Suzuki SX4 129 Mazda 3 Mazdaspeed 133 Subaru Impreza WRX 4WD 135 Sports models 154 BMW Z4 convertible 130 Mercedes-Benz SLK class convertible 133 Porsche Boxster convertible 135 Audi TT convertible 4WD 165 Audi TT 2dr 4WD 196 Midsize Cars 2-door models 128 Chrysler 200 convertible 85 Volvo C30 97 Volkswagen Eos convertible 109 Honda Accord 123 Hyundai Genesis 187 4-door models 105 Subaru Legacy with Eyesight 4WD 84 Chevrolet Malibu 87 Subaru Legacy 4WD 88 Honda Accord 89 Buick Verano 96 Mazda 6 97 Volkswagen Passat 98 Ford Fusion 4WD 100 6 Hyundai Sonata 104 Chrysler 200 104 Acura TSX 105 Ford Fusion 106 Toyota Camry 112 Dodge Avenger 113 Volkswagen Jetta 113 Nissan Altima 115 Kia Optima 115 Ford Fusion hybrid 115 Toyota Camry hybrid 121 Nissan Maxima 124 Volkswagen CC 125 Suzuki Kizashi 130 Kia Optima hybrid 133