SUV more expensive

Not only do they have a higher price ticket dispenser and a coin to cover costs, SUVs are also a magnet for high insurance premiums. On average it takes 10 to 20 percent more for an SUV for an ordinary car.
So why the surge?

More often than not, SUVs cause more damage to other vehicles when they are in accidents. It is likely that Goliath SUV will damage significant enough to make two-door convertible. This leads to rates of insurance reimbursement, and therefore premiums increasing responsibility.

Even if you have a safe driver and attentive, SUVs have always been much better than their counterparts fared in accidents. This does not mean that the driver of an SUV is inherently safer, but they feel safer. And this feeling of security is exactly the reason why many drivers still choose to ride the giants. It is estimated that approximately 12% of all vehicles on U.S. roads are sport utility vehicles.

But SUVs are not without their own dangers. Although progress has been made in the safe design and deployment of prevention in recent years, SUVs still have a higher risk of flip when cornering at high speed, with a collision or accident avoidance . They are sitting on higher ground, their center of gravity means less balanced and are "top" heavy. For the insurance company, accidents are very costly turnover in terms of repair of personal and medical expenses.

SUVs are being coveted by car thieves cost millions of dollars to replace the claims. According to the Highway Loss Data Institute, the Cadillac Escalade is the vehicle most stolen in 2004. Replacing the Escalade, an insurance company can pay more than $ 18K.

Repairs SUVs are also very expensive. Insurance companies pay a little money in the sense of body and engine work, even in the most innocuous collision. Because SUVs are not bumper standards set by the federal government to resist responding Benders wings. Just a light tap on the back can cost hundreds of dollars.

Risk factors for high SUV compared with a high potential for medical liability and regulation by the insurance company, and they need to recover these costs in the form of higher premiums.