In assessing the collision coverage premiums insurers look at a number of factors which affect rates. Two of the main factors are claim frequency and losses per claim. The Highway Loss Data Institute released a study in September 2013 where they allocated relative claim frequency and relative claim loss scores to 2010-2012 models of vehicles of all size/weight classes. The study found that large pickups had better than average scores in all the criteria assessed.
Collision coverage rates are determined partly by the damage susceptibility of cars. Damage susceptibility is complicated to measure because if the insured vehicle is large or expensive it may do better in a crash. On the other hand, the damage sustained might be expensive to repair.
In the study, a score of 100 represented the average figure. Any score lower than 100 is better than average and any score higher is worse. Large pickups scored had a relative claim frequency score of 90 and a claim loss score of 83. In fact, large pickups had much better scores than luxury SUVs which had scores above average in all measures. Furthermore, large pickups had better scores than very large pickups. However, small pickups did better on both counts.
Good damage susceptibility scores translate into lower premiums for collision coverage. Better than average scores lead to better than average premium rates. For instance, you can buy collision coverage for a 2-door model of the Nissan Titan King for $455, on average as of December 2013. The 4WD drive version of the Titan King can be covered for the same amount. At $471, on average, the 2-door plus and 4-door models of the GMC Sierra 1500 were the most expensive in the category to buy collision cover for. Variants of the Ford F150 were the cheapest to insure at an average $432.