Higher insurance correlated with higher BHP, is it a myth?
Discussion
There's a common perception that higher power output and bigger engines leads to higher insurance premiums, but in all my experience of playing with comparison sites, I have never really found it to be the case.
What seems to matter with regards to cars is how likely a certain model is to be written off, which generally means youthful hatchbacks. More powerful cars are clearly not a high risk category, probably because most owners are either enthusiasts or older so generally more careful drivers.
How did this misconception start, and why is it so prevalent?
What seems to matter with regards to cars is how likely a certain model is to be written off, which generally means youthful hatchbacks. More powerful cars are clearly not a high risk category, probably because most owners are either enthusiasts or older so generally more careful drivers.
How did this misconception start, and why is it so prevalent?
deckster said:
My 911 is cheaper to insure than either the XC90 or the Zoe. I have given up trying to understand insurance premiums.
Why is that difficult to understand?Yes repair costs will be a lot higher, but most 911's do a smaller mileage so the risk is lower, and the owner profile is very different.
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