Friday, April 20, 2018
Business

SUVs, not minivans, are now the cheapest vehicles to insure

Each year, Insure.com ranks vehicles by the cost of insuring them. This year, in what it terms a ''remarkable upset,'' the Web-based insurance services provider said minivans are no longer the best choice in terms of the lowest insurance rates. For 2013 models, crossovers and SUVs have taken over. � "The SUV is the new minivan," says Russ Rader, spokesperson for the Insurance Institute for Highway Safety, which performs crash tests on vehicles. "These are vehicles used largely by families. … They're not getting into a lot of crashes." � Their lack of crashes and their low repair costs keep insurance rates down. � On the other end of the scale, Mercedes-Benz models accounted for eight of the 10 "most expensive vehicles to insure." � The $160,000 Mercedes-Benz CL600 coupe had the worst annual insurance bill, at $3,357. That compares to $1,128 for the top ranked Ford Edge SE.

The least expensive 2013 vehicles to insure

Make and modelCyl.Avg. annual premium
1Ford Edge SE (above)4$1,128
2Jeep Grand Cherokee Laredo6$1,148
3Subaru Outback 2.5i Premium4$1,150
4Kia Sportage4$1,157
5Jeep Patriot Sport4$1,160
6Chevrolet Express 15008$1,171
7Subaru Outback 3.6R6$1,180
8Hyundai Tucson GLS4$1,189
9Ford Explorer6$1,197
10Hyundai Tucson GL4$1,204

The most expensive 2013 vehicles to insure

Make and modelCyl.Avg. annual premium
1Mercedes-Benz CL600 (above)12$3,357
2Mercedes-Benz CL65 AMG12$3,330
3Mercedes-Benz S65 AMG8$3,221
4Mercedes-Benz SL65 AMG12$3,207
5Mercedes-Benz CL63 AMG8$3,184
6Mercedes-Benz S60012$3,158
7Mercedes-Benz SL63 AMG8$3,075
8Mercedes-Benz S63 AMG8$2,978
9Porsche 911 Turbo6$2,958
10Porsche 911 Turbo S6$2,925

Source: Insure.com

Comments
Regulators allow major solar company to lease home equipment

Regulators allow major solar company to lease home equipment

State regulators Friday determined that one of the country’s largest residential solar companies, San Francisco-based Sunrun, is allowed to lease solar energy equipment for homes in Florida. The decision, solar energy advocates say, could open the do...
Updated: 10 hours ago
Florida unemployment at 3.9 percent for sixth straight month

Florida unemployment at 3.9 percent for sixth straight month

For the sixth month running, Florida’s unemployment rate held at a nearly 11-year low of 3.9 percent in March as steady job gains continued. While many factors kept Florida’s economy chugging along, three industries stand out for leading year-over-ye...
Updated: 11 hours ago
Owners say new house is a disaster; developer accuses them of ‘online terrorism’

Owners say new house is a disaster; developer accuses them of ‘online terrorism’

ST. PETERSBURG --- Stretched across the front of Tim and Hyun Kims’ two-year-old house is a big banner with the name of a developer and the words: "I have to fix my new house."Some of what needs fixing is instantly apparent. The front steps are too ...
Updated: 12 hours ago
Florida hits a milestone: More than 100,000 people are registered to use medical marijuana here

Florida hits a milestone: More than 100,000 people are registered to use medical marijuana here

Florida has hit a milestone of sorts as it slowly moves toward wider availability of medical marijuana.The number of patients in the state who are registered to use the substance has surpassed 100,000 for the first time, according to Florida Departme...
Published: 04/20/18
Q&A: Walmart leader chats about Florida stores, and the chain’s latest retail strategy

Q&A: Walmart leader chats about Florida stores, and the chain’s latest retail strategy

The Tampa Bay Times recently sat down with Walmart director of corporate communications Phillip Keene to chat about the retail giant’s latest retail strategies and how the company is winning over customers in a competitive market.Already, two of the ...
Published: 04/20/18
Judge: Foreclosure defense lawyer Mark Stopa violated numerous rules of conduct

Judge: Foreclosure defense lawyer Mark Stopa violated numerous rules of conduct

Tampa Bay foreclosure defense lawyer Mark Stopa has violated numerous rules of professional conduct and caused two clients to nearly lose their homes because he failed to tell them about settlement offers from their banks. In preliminary findings of ...
Published: 04/20/18
SunTrust warns 1.5 million clients of potential data breach

SunTrust warns 1.5 million clients of potential data breach

Associated PressNEW YORK — SunTrust Banks Inc. says accounts for 1.5 million clients could be compromised following a potential data breach. The Atlanta bank says that it became aware of the potential theft by a former employee and that the investiga...
Published: 04/20/18
Spring break, hurricane relief boosted Tampa Bay hotels in March

Spring break, hurricane relief boosted Tampa Bay hotels in March

The Tampa Bay area’s hotel occupancy rate rose to 87.5 percent in March, the highest level in three years. The rise was fueled by spring break vacationers as well as insurance adjusters and hurricane cleanup crews flooding the state to restore it aft...
Published: 04/20/18
St. Petersburg police remove disabled adults from ‘deplorable’ assisted living facilities

St. Petersburg police remove disabled adults from ‘deplorable’ assisted living facilities

ST. PETERSBURG — Beef jerky, mayonnaise and Altoids mints were the only edible things in view inside one of the houses. There was no running water. The refrigerator was empty. A bed sat on top of the deteriorating living room floor. Cigarette butts b...
Updated: 5 hours ago
Here’s your first look at what will be Riverwalk Place, Tampa’s tallest tower

Here’s your first look at what will be Riverwalk Place, Tampa’s tallest tower

TAMPA — Developers on Thursday detailed plans for what they touted as the tallest building on Florida’s west coast, with condominiums priced in six and seven figures and a shimmering glass design they say would stand out in the skylines of New York, ...
Published: 04/19/18
Updated: 04/20/18