In 2024, the average annual full-coverage car insurance plan costs American drivers more than $2,300. If that feels prohibitive, it’s much worse in other areas. If you’re in Louisiana, where a premium cost “crisis” plagues residents, you’re looking at more than $3,600 annually. There are a variety of factors that help insurance companies determine premiums. Vehicle make and model are big ones. Here are three of the most expensive car brands to insure in 2024…and two of them have American roots.

First, let’s cover why a car insurance company charges more for certain cars. There are several reasons, but two main costs involve collision claims and liability claims. Car accidents involving performance and luxury vehicles, EVs, or full-sized SUVs and trucks result in higher vehicle repair, medical, and property damage bills. This includes both the insured driver and any associated expenses to right the “not-at-fault” driver’s situation.

According to MarketWatch, as of September, the three most expensive car brands to insure are Dodge, Tesla, and BMW.

These three OEMs trigger car insurance premium costs upward of 145% above the national average.

Make	Average monthly full-coverage insurance costs	Average annual full-coverage insurance costs	% above the national average
2022 Dodge	$354	$4,242	145%
2022 Tesla	$251	$3,007	74%
2022 BMW	$195	$2,337	35%

Why Dodge?

Unfortunately, the data reads unarguably negative toward the automaker’s lineup, starting with the Dodge Charger and Challenger. Both models, even the base trims, reflect much worse-than-average car insurance losses across all coverages: collision, property damage, comprehensive claims, personal injury, medical payments, and bodily injury.

Add “Hellcat” to the input, and the results are even worse news for those looking to save on their insurance costs.

The Insurance Institute for Highway Safety (IIHS) flagged the Dodge Charger – specifically the SRT Hellcat – as “Substantially worse than average” for collision losses. In fact, the SRT Hellcat is over 400% worse than the average insurance loss scenario.

The Dodge Durango – which also offers an SRT trim – displays grey or red zones for insurance losses across coverages, with a few areas “substantially worse” than average.

Of note, large Ram trucks have much higher property damage and bodily injury losses than average passenger vehicle losses when compared to, say, the Toyota Tundra.

Now based in Auburn Mills, Michigan, the Stellantis brand was first created by Chrysler, headquartered in Detroit, as its mid-level make.

In terms of other brands, there are yet others you can expect to pay your car insurance company “more” for full coverage. Following Dodge, Tesla, and BMW are Lexus, GMC, Ram, Nissan, Hyundai, Kia, and Toyota.