Top 5 best cheapest hybrid sports cars to insure [Updated]

Best cheapest hybrid sports cars to insure in Competitive Rates

Introduction

Hybrid sports cars are growing in popularity among sports car lovers who seek top-notch performance while also caring about fuel efficiency and the environment.

Nevertheless, a crucial aspect that prospective purchasers need to take into account is the insurance expenses for these cars, and are seem very careful in selecting the cheapest hybrid sports cars to meet their needs without breaking the bank.

This article will offer a thorough examination of the five cheapest hybrid sports cars to insure, allowing you to make a well-informed choice without overspending.

What are the reasons for selecting a hybrid sports car?

Advantages of Hybrid Vehicles Designed for Sports.

Hybrid sports cars provide many benefits, making them appealing to a wide range of drivers. Some of the advantages are:

1. Environmental Impact: Hybrid sports cars have a lower environmental impact than traditional gasoline cars, resulting in decreased air pollution and a smaller carbon footprint.

2. Fuel Efficiency: Hybrid sports cars provide excellent fuel efficiency by using both electric and gasoline power, ultimately saving drivers money on fuel in the long run.

3. Technology and Performance: Contemporary hybrid sports cars come with state-of-the-art technology that boosts performance, including regenerative braking and sophisticated power management systems.

Variables that impact the price of insurance

1. Value of car and expenses for repairs: The insurance premiums are heavily influenced by both the car’s value and repair expenses. Higher insurance costs can result from pricier vehicles or cars with expensive parts.

2. Security Measures: Vehicles that have advanced safety features like anti-lock brakes, airbags, and collision avoidance systems may receive discounted insurance premiums because they pose less of a risk for accidents and injuries.

3. Profile of the driver: Premiums are calculated by insurers taking into account the driver’s age, driving record, and other individual factors. Typically, drivers who have clean records often receive lower rates.

4. Place and Utilization: The location and frequency of driving also affect insurance expenses. Regions with elevated rates of crime or incidents can result in increased insurance costs.

Revealed 10 Best Cheapest Electric Vehicles to ensure

The latest Admiral car insurance investigation reveals the top 10 cheapest hybrid and electric vehicles to insure.

Based on an analysis of sales from the second quarter of this year, the insurer has created a list of the ten eco cars that offer the most competitive insurance prices, including a mixture of pure electric vehicles and hybrids.

Top 10 cheapest hybrid and electric vehicles to insure

Top 5 Cheapest Hybrid Sports Cars to Insure

1. Toyota Prius Prime

Best Inexpensive Toyota Sports Car

Overview and Specs

The Toyota Prius Prime is a plug-in hybrid that combines practicality with sporty features. It offers a sleek design, advanced technology, and impressive fuel efficiency.

• Engine: 1.8L 4-cylinder with electric motor
• Horsepower: 121 hp
• Fuel Economy: 54 mpg combined

Insurance Cost Analysis

What is the Average Cost to Insure a Toyota Prius Prime?

Pros and Cons

• Pros: Excellent fuel efficiency, advanced safety features, affordable insurance
• Cons: Limited power compared to traditional sports cars.

2. Honda CR-Z

Overview and Specs

The Honda CR-Z is a compact hybrid sports car that offers a blend of efficiency and fun-to-drive characteristics. Its sporty design and agile handling make it a popular choice.

• Engine: 1.5L 4-cylinder with electric motor
• Horsepower: 130 hp
• Fuel Economy: 36 mpg combined

Quick Facts:

• Insuring a Honda CR-Z is cheaper than most other cars.
• Liability insurance for a CR-Z costs about $65 per month. Full coverage is around $159 monthly.
• Hugo offers the lowest rates for a CR-Z, with liability coverage starting at just $27 per month.

Insurance Cost Analysis

We sifted through thousands of auto insurance quotes on Compare.com, and we’ve determined that average Honda CR-Z insurance prices run around $141 per month. But where does that fall compared to the rest of the market?

How Much is Car Insurance for a Honda CR-Z?

Who has the Cheapest Car Insurance for a Honda CR-Z?

Pros and Cons

• Pros: Stylish design, good handling, low insurance costs.
• Cons: Limited rear seating, lower power output.

3. BMW i8

Overview and Specs

The BMW i8 is a high-end hybrid sports car that combines stunning looks with impressive performance. It’s known for its futuristic design and advanced technology.

• Engine: 1.5L 3-cylinder with electric motor
• Horsepower: 369 hp
• Fuel Economy: 69 MPGe

Insurance Cost Analysis

Despite being a luxury vehicle, the BMW i8 benefits from relatively low insurance costs due to its high safety standards and innovative features.

Insuring a BMW i8 typically incurs an annual cost of approximately $4,873, which surpasses the national average for luxury coupe models by $2,648.

This estimation derives from a study assuming a 40-year-old driver with an exemplary driving record, comprehensive coverage, strong credit standing, and an annual mileage of around 13,000 miles. It pertains to a single-car policy covering a new vehicle and excludes potential discounts for multiple cars.

Insurance premiums can significantly fluctuate based on variables such as age, location, insurer, and driving history. Recent accidents, traffic infractions, and credit ratings also influence insurance rates.

Insurance rates for the BMW i8 can vary widely across different insurers offering the same coverage. If you’ve been with your current insurance provider for more than a few years, it’s wise to obtain new quotes to ensure you’re not paying more than necessary.

Use our Competitive Quote Tool or fill out the form below to receive free quotes and potentially reduce your insurance expenses.

BMW i8 Insurance Cost by Age

The cost of BMW i8 car insurance premiums can vary significantly depending on your location. For instance, rates are generally higher in Michigan due to mandated higher coverage levels. Conversely, states like California, Hawaii, and Massachusetts prohibit insurers from adjusting rates based on credit scores.

Additionally, these estimates do not include potential discounts available through multi-vehicle policies, which can lead to substantial savings for households with multiple drivers.

The table below provides a breakdown of how these factors can impact BMW i8 insurance costs by state.

Best Insurance company to insure BMW i8

BMW i8 Insurance Rankings

Caredge ranked over 200 models from best to worst for Insurance. See where the BMW i8 ranks for Insurance compared to other vehicles. Also check out how the i8 stacks up in rankings for Depreciation, Maintenance, Overall Costs.

Pros and Cons

• Pros: High performance, cutting-edge technology, low emissions.
• Cons: High purchase price, limited practicality.

4. Lexus LC 500h

Overview and Specs

The Lexus LC 500h is a hybrid luxury sports car that offers a perfect blend of performance, comfort, and efficiency. It boasts a powerful engine and a refined interior.

• Engine: 3.5L V6 with electric motor
• Horsepower: 354 hp
• Fuel Economy: 30 mpg combined

Insurance Cost Analysis

The LC 500h’s moderate insurance costs are due to its advanced safety features and solid reliability ratings.

Curious about the cost of insuring a Lexus LC? Car insurance prices can fluctuate greatly, influenced by various factors like age, location, driving record, education, and marital status.

Smart Financial sifted through our car insurance rate data to give you a sense of what you might pay based on your age.

Additionally, we’ve analyzed rates from top insurance providers to see their typical charges for drivers.

Keep in mind, that these are just averages, and your actual rate could differ. For more details on the Lexus LC, continue reading below.

Lexus Lc Insurance Model Year by Age Group

The price you pay to insure your Lexus Lc can vary based on your age group. Here are the average rates you can expect to pay.

Pros and Cons

• Pros: Luxurious interior, strong performance, reasonable insurance costs.
• Cons: Expensive, lower fuel economy compared to other hybrids.

5. Porsche Panamera 4 E-Hybrid

Overview and Specs

The Porsche Panamera 4 E-Hybrid combines the brand’s legendary performance with hybrid efficiency. It’s a versatile vehicle that excels in both speed and comfort.

• Engine: 2.9L V6 with electric motor
• Horsepower: 457 hp
• Fuel Economy: 51 MPGe

Quick Facts:

• Insuring a Porsche Panamera is pricier than the average car.
  Full coverage for a Panamera typically costs around $270 per month, while liability-only insurance averages about $78 monthly.
  Workmens offers the cheapest liability-only coverage for a Panamera, starting as low as $53 per month.

Insurance Cost Analysis

The Panamera 4 E-Hybrid offers competitive insurance rates thanks to its comprehensive safety features and strong build quality.

How Much is Car Insurance for a Porsche Panamera?

Who has the Cheapest Car Insurance for a Porsche Panamera?

Pros and Cons

• Pros: Outstanding performance, luxurious features, good insurance rates.
• Cons: High purchase price, complex maintenance.

How to Lower Insurance Costs for Hybrid Sports Cars

• Safe Driving Habits: Maintaining a clean driving record is one of the best ways to keep insurance costs down. Avoiding accidents and traffic violations can lead to lower premiums.
• Choosing the Right Coverage: Selecting the appropriate level of coverage based on your needs can help reduce costs. It’s important to balance adequate protection with affordability.
• Bundling Policies: Many insurers offer discounts for bundling multiple policies, such as home and auto insurance. This can lead to significant savings.
• Installing Safety Features: Equipping your vehicle with additional safety features, such as anti-theft devices and advanced driver assistance systems, can qualify you for discounts.

Additional: Glance at Past Cheapest Sports Cars to Insure

Comparison with Electric Sports Cars

• Insurance Cost Comparison: Hybrid sports cars often have lower insurance costs compared to electric sports cars due to their established technology and repair infrastructure. Compare Best Auto Insurance Rates Here.
• Performance and Efficiency: While electric sports cars offer instant torque and zero emissions, hybrids provide a balance of electric efficiency and gasoline range.

Pros and Cons of Hybrids vs. Electric: Hybrids: Longer range, lower insurance costs, more fueling options.

• Electric: Zero emissions, instant torque, higher initial cost.

Conclusion

Choosing a hybrid sports car can provide an excellent balance of performance, efficiency, and affordability. The Toyota Prius Prime, Honda CR-Z, BMW i8, Lexus LC 500h, and Porsche Panamera 4 E-Hybrid stand out as the top choices for those seeking the cheapest hybrid sports cars to insure.

By considering factors such as safety features, driving habits, and policy options, you can enjoy the benefits of a hybrid sports car without facing high insurance premiums.

FAQs

1. What are the benefits of hybrid sports cars?

Hybrid sports cars offer improved fuel efficiency, reduced emissions, and advanced technology that enhances performance and driving experience.

2. How can I lower my insurance costs for a hybrid sports car?

Maintaining a clean driving record, choosing the right coverage, bundling policies, and installing safety features can help lower insurance costs.

3. Are hybrid sports cars more expensive to insure than regular cars?

Not necessarily. While some hybrid sports cars can be more expensive to