Insurance costs for a new car are an average of 37% higher than a 10-year-old model of the same vehicle, according to Forbes Advisor’s analysis of rates for 15 popular car models.

Say you have new car replacement coverage on a vehicle that will cost $40,000 and you have a $1,000 deductible. In that case, the insurance company will cut you a check for $39,000.

Certain cars are considered high-risk, and their drivers may be refused a car insurance policy. Here's what to do if a car insurance company won’t cover your vehicle.

As a matter of fact, data collected through Tesla Insurance proved so useful for the company that they led to the company implementing changes to the design and software of its vehicles ...