According to data compiled by Insure.com, the 2016 Dodge Viper is the most expensive new car to insure, with an average annual insurance premium of $4,048. There’s one simple reason for that, explains Insure.com Analyst Penny Gusner, and it’s unlikely that it will surprise you.
“The Viper is a car you buy because you love to drive fast,” she said. “That’s reflected in the rates.”
It’s hard to argue with her. With a 640 horsepower 8.4-liter V10, a six-speed manual transmission and rear-wheel drive, it’s blatantly obvious what type of person is driving a Viper around. The $4,000 annual rate quoted by Insurance.com is also an average based on a hypothetical 40-year-old male driver with a clean driving record, so you’re in your 20s with a speeding ticket or 10, insuring a Viper can become a huge expense.
It may be the most expensive new car to insure, but the Viper was actually the least expensive of those included in Insurance.com’s top 10 most expensive cars to insure rankings. More expensive propositions, such as the $169,050 Mercedes-Benz S600 or the $185,000 Land Rover Range Rover Autobiography Black LWB, were much more commonplace.