Auto insurance is one huge expense that must be taken into account when buying a car. You have to buy auto insurance, and how much it costs you depends on multiple factors. They include the car’s safety rating, crash test results, repair costs, age of the driver, driver history, credit rating, and even the area you live in. So, it’s very important to take all these things into considerations before you decide what car to buy, since there can be a huge difference in insurance costs between various car models.

In general, there are certain types of cars that tend to be more expensive to insure than others. It’s a fairly known fact that fast sports cars bring the highest insurance costs with them. This is because such cars are statistically involved in more accidents than any other vehicle, since they can go very fast and owners often try to push them to their limits. So, apart from being more expensive to insure, you are most likely to get into a car crash with a sports car and jeopardize your safety. Typical examples of such cars include the Porsche 911 Turbo S, the Mercedes Benz SLR McLaren, and Bugatti Veyron, to name a few. All these cars cost well over $100,000, with some going over the 1 million dollar mark. Average premiums for these types of cars are well over $3,000 a year.

Aside from sports cars, luxury sedans also fall into this category. They are made from high-quality, expensive materials, with luxurious interiors featuring leather seats and high-tech infotainment equipment and the best components money can buy, which are very expensive to replace in case they get damaged in a car crash. So, you better think twice before getting a Maybach, a Bentley Continental or a Rolls-Royce.

Furthermore, if your vehicle is diesel-powered, instead of gasoline-fueled, your premiums will be much higher, but you will save on fuel costs, so it’s not necessarily something to worry about. Other factors affecting insurance premiums are susceptibility to thefts and whether the car is a soft top or a hard top. Since it’s easier to break into a soft-top convertible, it’s only logical that owners have to pay higher insurance premiums as opposed to hard tops.

If your car is imported, rather than made in America, it will play a major role in the way your insurance company calculates your premiums. As spare parts are more expensive and more difficult to find for imported cars, you’ll have to pay more for insurance than you would for a locally made car.

If you plan on making modifications to your car, you have to bear in mind that it will affect your auto insurance rates. Souped up cars are usually pretty fast, looking very attractive, making them a great target for car thieves, which inevitably brings insurance rates up.

So, in conclusion, there are a lot of factors you need to pay attention to when it comes to auto insurance, and you must do your research if you don’t want to get unpleasantly surprised when you get you insurance quotes after you’ve bought your car.

Jordan Perch is an active promoter of the new developments in the automotive industry. He is an author of many how-to articles related to safe driving, buying/selling vehicles, auto insurance etc. He is currently managing at DMV.com.