The Toyota Prius is one of the most popular hybrids in the used car market, along with the Honda Insight. But, compared to the sales of the cars that run on gas, the Prius falls short. There has been reluctance on the part of the American buyer to buy hybrid cars. The general consensus is that, the reason for this reluctance is the high insurance costs of hybrid cars.
The annual average insurance rate of the Toyota Prius ranges between $865 and $2377. The Ford F-150, a gas guzzling full size pickup, also has a similar insurance range.
In this feature, we will compare the cost of insuring a used Toyota Prius to that of the Ford F-Series across the states. In the table below, the insurance percentage is the percentage of the median price that is spent on insurance.
|State||Insurance Average of Toyota Prius ($)||Insurance Percentage of Toyota Prius (%)||Insurance Average of Ford F-Series ($)||Insurance Percentage of Ford F-150 (%)|
It is evident from a comparison of the above numbers that the Toyota Prius is marginally less expensive to insure than the Ford F-150.
Let us compare the insurance costs of the two cars in states with high insurance averages.
|State||Insurance Average of Ford F-150 ($)||Insurance Percentage of Ford F-150 (%)||Insurance Average of Toyota Prius ($)||Insurance Percentage of Toyota Prius (%)|
The insurance rates of the Prius are higher in Louisiana and Michigan, though the difference in the rates is not a lot. On the whole, the Prius is less expensive to insure than the Ford F-150.