For a typical driver that travels 15,000mi (24,000km) annually, a car that gets 25mpg on average will cost about $1,800 in fuel per year at $3/gallon. A car rated at 35mpg will cost about $1,285 - a savings of $515. But the difference in insurance premiums between a 2009 Mini Cooper rated at 37mpg, and a Toyota Sienna Minivan rated at 23mpg is about $438, reports The Wall Street Journal, leaving the savings of the smaller vehicle at about $75 per year, or a little more than $6 per month.
Insurance companies typically relate the historical trends of a vehicle's class to the type of driver in order to determine policy rates. The data for small cars, while reflecting lower property damage liability rates, does show higher theft rates and higher personal injury rates than larger cars and SUVs.
Hybrids are also typically more expensive to insure than their standard-engine counterparts. The reasoning behind the difference is based on similar grounds: according to the Highway Loss Data Institute, an affiliate of the IIHS, crash damage costs are higher for hybrids in 11 of 12 cases, or about 92% of the time.