Which factor is likely to increase insurance rates related to vehicle type?

The factor that is likely to increase insurance rates related to vehicle type is models associated with higher theft or repair costs. Insurance companies assess the risk of insuring a particular vehicle based on various factors, including the likelihood that it may be stolen or the potential costs associated with repairing it after an accident.

Vehicles that are more susceptible to theft tend to have higher insurance rates because insurers expect to pay more in claims for stolen vehicles. Similarly, if a vehicle has components that are expensive to repair or if the cost of replacement parts is high, this can lead to increased insurance premiums. Insurers consider these factors when determining the overall risk and thus the associated costs to insure a specific vehicle model.

Fuel efficiency, higher safety ratings, and low resale value may influence other aspects of vehicle ownership or insurance but do not have the same direct relationship with increasing premiums based on risk for theft or repair costs.