Most people would likely bet that car insurance for a new Lamborghini exceeds that of a Ford Focus manufactured in the same year. Guessing which vehicle between a coupe and sedan has the cheapest car insurance, however, is a bit more difficult.
In general, a sporty coupe costs more to protect than a four-door sedan, but that is not always the case in the world of car insurance. Part 1 of this article discusses the cost of insuring a coupe and Part 2 of this article addresses the cost of a sedan.
Part 1 of 2: How much does it cost to insure a coupe?
A coupe typically refers to a car with two-doors and just the front seat. In fact, the word “coupe” means “cut out,” and the part that is cut out is the back seat. This type of car is best suited for a single individual or couple without kids. That is why a coupe generally costs more to insure.
Those that drive this type of vehicle are usually younger, and youth is an increased risk factor for a car insurance provider. After all, younger drivers tend to get into more accidents and, consequently, file more claims than older, more seasoned drivers.
There are, however, exceptions to this general rule. The make and model of a car plays a large role in calculating insurance premiums, boiling down to how much it would cost to replace the vehicle if it were totaled.
An expensive sedan would then cost more to insure than a cheap coupe. The presence of safety features also helps to lower insurance premiums. Finally, some coupes now have two rows of seating, and these vehicles play by different insurance rules.
Part 2 of 2: How much does it cost to insure a sedan?
Sedans have four doors and two rows of seating, and the appearance is often more sedate than that of a coupe. This makes it an ideal vehicle for a family with ample seating and relatively good gas mileage.
As more of a family car, the general assumption from a car insurance provider’s viewpoint is that its driver would be more responsible and at lower risk of accident than a driver with no family to protect or lose.
As with coupes, sedans don’t always fit a certain mold. A pricey make or model of sedan costs more to insure than an economy version. There is also more to consider than the type of vehicle driven when calculating a car insurance quote. A driver with a poor record, for instance, will pay a high premium regardless of the type of car driven.
The only way to conclusively know how much car insurance costs for a particular vehicle - whether it is a coupe or sedan - is to get a quote. That requires contacting multiple insurance providers to explore options.