In general, the answer is a resounding yes, and the difference is frequently in the thousands of dollars. If you want to insure a high-end sport or luxury vehicle, though, the gap can soon grow.
Insurance for a two-door automobile is more expensive than for a sedan for various reasons. The majority of sports cars are coupes, as we already stated. The cost of insurance is influenced by a variety of factors, including engine size, price, and target audience, and coupes are more likely than sedans to fall into the hazardous group.
- Target audience: This is an important component that we discussed earlier. Automobiles geared toward families, such as sedans, minivans, and other vehicles, are always less expensive to insure than high-performance and luxury vehicles geared toward risk-takers. Sports cars are engaged in more accidents at higher speeds, according to statistics, resulting in higher rates.
- Repair costs: Sport and luxury vehicles are frequently equipped with cutting-edge technology and high-end materials. A plastic dash is always less expensive to replace than one made of teak wood. High-end technology also raises the cost of repairs, which is taken into account when determining a premium.
- Sticker price: If your car is totaled, your insurer will have to pay for a new one, thus the vehicle’s sticker price is always a consideration, with sports and luxury vehicles (think coupes) costing more than a family sedan.
- Claim rates: Insurance firms adore claim data, and studies reveal that sports and luxury cars are more appealing to car thieves than family sedans. Even if you have never had your car stolen, you will pay more for auto insurance if car thieves like your vehicle model.
When comparing sedan vs. coupe insurance rates, these are just a handful of the elements that insurers analyze. Let’s take a look at the stats to discover how much more your coupe will cost to insure than a sedan.
Is insurance higher on a two door car?
While there are always exceptions, the answer to the question “are coupes more expensive to insure” is yes in the majority of cases. When comparing a coupe to a sedan, the data suggest that a coupe will cost around 18.7% more to insure. That price gap, however, is not always a budget buster.
When it comes to choosing between a coupe and a sedan, it all boils down to personal preference and lifestyle considerations. A coupe is generally your best pick if your ideal vehicle is sleek, seductive, fast, and has a little back seat and trunk room while also being more expensive to insure.
If you value the rear and cargo room, as well as safety features and low auto insurance, a sedan may be the vehicle for you.
Is insurance higher on coupes?
If you own a coupe rather than a sedan, you might expect to spend extra for auto insurance. Many automobile insurance companies charge more to insure coupes than sedans because coupes are considered higher-risk vehicles, and the people who own them are considered higher-risk drivers. This isn’t always the case, though.
It’s vital to remember that the cost of automobile insurance is determined by a variety of factors. According to Auto Insurance Comparison, the following factors influence how much you’ll spend for car insurance:
Four-cylinder engines produce less horsepower than six- or eight-cylinder engines, making them slower and more dangerous. Because these vehicles often have higher speed capabilities, you’ll certainly pay more for insurance if your vehicle has a V-6 or V-8 engine. Many newer vehicles contain safety features and driver-assist technologies that make them safer on the road, which means your insurance company faces less risk. The following safety measures may help you save money on your insurance premium:
When deciding your insurance quote, companies always consider the age of your car. If your coupe is brand new, it will cost more to replace if it is damaged in an accident, however an older coupe will cost less to repair or replace if it is damaged in an accident. Insuring an older coupe is also less expensive than insuring a modern sedan.
Whether you drive a coupe or a sedan, your driving record is a major consideration when determining your insurance quote. Your insurance provider will consider you a safe driver if you have a clean driving record. Other features that your insurance company will be interested in learning about are:
- While not all states allow your credit score to be used to decide your rate, a better credit score usually suggests you’re a lower risk to insure.
- Your age: Younger drivers have less driving experience. As a result, as Jerry Insurance Agency says, they’re more expensive to insure.
- Your profession: Some insurance companies consider certain professions to be less risky than others.
- Your location: The cost of insurance is affected by where you reside, as some areas have greater incidence of vehicle theft or vandalism, necessitating higher insurance premiums.
- Your marital status: Married people are more stable than single people, which makes them less hazardous to insure.
- Your commute: If you have to drive a long distance to get to work, you will spend more time on the road, increasing your chances of getting in an accident.
Why is a coupe more expensive?
Why is a coupe more expensive than a sedan? Coupes are more expensive than sedans because automobile manufacturers sell fewer of them, resulting in higher production costs due to economies of scale. These extra costs are passed on to the purchaser.
Are 2 door cars safer than 4 door cars?
The 2-door Focus, on the other hand, outperformed the 4-door Focus in the side test, getting an excellent grade and a Top Safety Pick distinction, compared to the 4-door’s satisfactory performance in the side test.
How much is car insurance on a coupe?
According to WalletHub research, the average cost of insurance for a coupe is $661 per year. A coupe is typically less expensive to insure than a sedan, a minivan, an SUV, or a truck.
Are 2 door cars considered sports cars?
Two-door automobiles are usually regarded as sports cars, and they might be more expensive than a four-door car that is considered a family car. However, this isn’t always the case. Each car insurance company has its own vehicle categories and rating system.