My 21 years old Fiat Cinquecento, that doesn&#x27;t have ABS, power steering, airbags, and which has a crumple zone probably ending somewhere behind my head, costs me ~$200&#x2F;year to insure. Mostly because it&#x27;s not worth very much. If older cars are meant to have costlier insurance, then I haven&#x27;t seen a single example of that actually happening, ever.