Small Car, Large Insurance Bill

The WSJ has a piece on a hidden cost of smaller cars: higher insurance premiums. Why? Well, smaller cars are involved in more accidents, incur bigger claims (especially for injuries) and they are stolen more often. You don't read that in a Yaris brochure, do you?

How much money are we talking about? According to the evidence in the WSJ article the difference between larger and smaller models is are $400/year. However, I wasn't really happy with the author's comparisons. How do you equate a Mini and a Toyota Sienna? Why wouldn't you quote Corolla verses Camry or Cobalt verses Malibu? Seems more logical to me, but the numbers probably aren't as impressive (that's my guess anyway). I suppose I could do my own investigation, but I'm much happier to armchair quarterback this one.

Read the whole darn article for yourself and see what you think.