Which Cars Have The Cheapest Insurance Rates?

Many people go out and choose a car to buy based solely on a handful of factors, such as the way it looks, safety ratings, engine power, handling, and perceived quality, and of course, price. When shopping for a new car people often worry about the cost of insurance. One way to figure out the cost of insurance for each car model you are considering buying is to simply call up your insurance agent and rattle off your list of models. Luckily there are several studies that do the research every year to find the cars which cost the least in insurance to help you make a choice.


If you are looking for the car models with the cheapest insurance rate, learn about factors that influence car insurance rates. Even though there are many other factors besides the car itself that will make your car insurance more or less expensive (which we will cover below) choosing a car that the insurance company is not going to charge you too much for will definitely help.

Want cheaper insurance? Avoid these vehicles

  • Sports cars
  • High-end luxury cars
  • Electric vehicles
  • Cars most targeted by thieves

Here are the other cars that made the list of vehicles that will save you money on insurance costs compared to the national average.

All these cars cost between $1,204 and $1,221 per year according to the annual ranking of least expensive cars to insure.

  • Mazda CX-3
  • Honda Pilot LX
  • Fiat 500X Pop
  • Nissan Frontier S
  • Hyundai Tuscon SE
  • Subaru (XV) Crosstrek 2.0l
  • Honda HR-V LX
  • Ford F-150 XL
  • Ford Edge SE

Which car types are cheapest to insure?

In general, this is where car types sit on the cost-of-insurance spectrum.

Cheap

  • Hatchback
  • Minivan
  • Sedan
  • Station wagon
  • SUV

Expensive

  • Classic and exotic car
  • Convertible
  • Diesel car
  • Luxury car
  • Modified car
  • Sports car

Generally, the cheapest cars to insure are practical, safe, conventional and affordable — both to buy and repair. In addition, they typically have fewer claims and accidents. The key is to shop around to get the best insurance rate for your circumstances when you are buying a new car.

Don’t just stay with the same company you were with before, you never know who has the best rates for your new circumstance. Ask the insurers about discounts, too. Many offer price breaks if your car has safety features that reduce the risk of injuries or theft. To cover their own risk, insurers usually jack up the rates for expensive, luxury and high-performance cars.