SUV Cost More to Insure

Auto insurance experts have produced studies showing that Sports Utility Vehicles (SUVs) are more expensive to insure than a regular car. A lot of factors account for the price difference such as the city, state, past claims history, credit amongst others. One of these factors is the type of car a person drives.

Some pay up to 20 percent more
Generally, consumers pay from 10% to 20% more because insurance companies consider a SUV a higher risk vehicle. One key reason is that pedestrians that are hit by SUVs are 3 times more likely to suffer a serious injury than if they were hit by a passenger car.

Even though most consumers are aware that SUVs pay higher premiums, SUVs still make up close to 25% of all new vehicle sales in the United States in 2005.

SUVs are not safer than cars
A lot of people tend to believe that a SUV offers more protection, but this is not always the case. Because of the higher height, SUVs are more likely to flip over due to the higher sense of gravity.