Buying a pickup is one of the smartest purchases you can make for a number of reasons. Not only is it just about the best, most functional, and most versatile type of vehicle on the road today, but according to the experts at Insure.com, it's one of the most inexpensive vehicles to insure as well.
In their most recent survey where they've selected the top 20 least and most expensive models to insure for 2012, six pickup trucks made the "good" list. Basically, Insure.com commissioned a third part to generate a report of the average auto insurance rates, using data from the six largest carriers (Allstate, Farmers, GIECO, Nationwide, Progressive, and State Farm) in 10 Zip codes per state.
(Averages are based on insurance for a single 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. This hypothetical driver has a clean record and good credit. The rate includes uninsured motorist coverage. Average rates are for comparative purposes. Your own rate will depend on personal factors.)
The top pickup trucks that made Insure.com's Least Expensive to Insure list are:
#5 -- GMC Sierra 1500 Regular Cab 4x2 4.3L V-6 at $1,121
#6 -- Chevy Silverado 1500 Regular Cab 4x2 4.3L V-6 at $1,126
#10 -- Chevy Silverado 1500 Ext Cab 4x2 4.3L V-6 at $1,143
#16 -- Nissan Frontier S King Cab 4x2 2.5L I-4 at $1,162
#17 -- Nissan Frontier SV King Cab 4x2 2.5L I-4 at $1,163
#20 -- GMC Canyon WT Regular Cab 4x2 2.9L I-4 at $1,167
No pickup trucks showed up on the Most Expensive Vehicles to Insure list. As you might expect, that Top 20 of that list is littered with high-horsepower, big-motored, sports cars from Europe (although there is one import V-6 from Japan; can you guess?). For more information and a look at both lists, click here.