The online consumer insurance site compared rates in every U.S. state for more than 2,300 models from six major insurance providers and found that the annual cost of insuring a 2016 Viper averaged $4,048. At the other end of the spectrum, 2016 Odyssey owners paid an average of just $1,113.
Rounding out the top 10 most expensive 2016 models to insure were the Mercedes-Benz SL65 AMG (with an average annual premium of $3,797), Mercedes-Benz S600 ($3,539), Mercedes-Benz S63 AMG ($3,513), Porsche Panamera S Executive ($3,484), Nissan GT-R Nismo ($3,476), BMW M6 Gran Coupe ($3,309), Land Rover Range Rover SV Autobiography LWB ($3,245), Audi RS7 Quattro Prestige ($3,229) and the Porsche 911 Carrera GT3 RS ($3,212).
Following the Odyssey for low-cost rates are two-wheel-drive versions of the Honda CR-V (at $1,170 per year), Dodge Grand Caravan AVP ($1,174), Jeep Patriot Sport ($1,180), Jeep Wrangler Sport ($1,181), Jeep Compass Sport ($1,190), Ford Escape S ($1,194), Buick Encore Sport Tour ($1,200), Jeep Cherokee ($1,203) and the Nissan Frontier S ($1,204).
"It's no surprise that a family vehicle such as a minivan has taken over the top spot," said Penny Gusner, consumer analyst for Insure.com, in a statement. "The Odyssey has a five-star crash rating from the National Highway Traffic Safety Administration and is relatively inexpensive to repair, and the driver carting around children tends to be more cautious than the person driving a muscle car."
On the other hand, said Gusner, "the Viper is a car you buy because you love to drive fast."
Of course, the annual premiums cited on the list are averages. As Insure.com points out, actual costs can vary greatly, depending on a variety of factors, including the state where you live.
For example, although the annual insurance rate for a Honda Odyssey minivan could be as low as $651 in Maine, the cost for the same model with the same driver in Michigan would skyrocket to $2,387.
Why does location play such an important role in determining insurance rates?
Insurance.com notes that providers take into account such factors as population density, crime rate, average weather, frequency of claims, and civil services, including road maintenance and emergency response times.
Other items that come into play when determining rates include the vehicle's safety rating, the number of claims on that particular model, how much damage results from typical crashes, the cost of repairs, the extent of injuries and fatalities, and, of course, the owner's driving record.
Edmunds says: Car shoppers and owners interested in learning more about insurance can find detailed information on the Edmunds.com Auto Insurance page.