Cheapest Cars to Insure

Top 50 Cheapest Cars to Insure

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As someone who takes pride in being a smart shopper, you should always research the most important features and compare prices to make sure you’re getting the best deal possible whenever you are looking to purchase a new car.

But being a smart shopper for a car also means you’re going to want cheap insurance. And to do that, you’ll need to know which cars are the least expensive to insure. So, to make the process easier for you, we will provide you with the top 50 cars to insure. Are you ready?

When you are searching for the cheapest car insurance policy, you may think that you have to reduce the coverage so that you can save money. However, that’s not necessarily true.

Several affordable car insurance policies provide reliable protection. From basic liability coverage to more comprehensive policies, you just have to find an option that best fits your budget.

Oh, and just because a policy is not expensive doesn’t mean it’s the right one for you. You have to carefully ensure that your options are met before taking any decision.

So let’s hit the ground running by taking a one-time look at what car insurance is all about.

Cheapest Cars to Insure

Car Insurance Fully Explained

Car insurance is a legal necessity, not an option. This safety net protects you, your vehicle, and other drivers from potential financial loss due to accidents.

This insurance is a provision that you have to make to protect yourself and your vehicle against accidents that will likely arise in the future by offering compensation for injuries or property damage you may cause in an accident.

It may also provide additional coverage for stolen vehicles and damage due to fire, storms, or other disasters.

So, you should always make sure that the right auto insurance is in place to give you the peace of mind you deserve while driving on the road.

Factors that Affect the Cost of Car Insurance

The following are the factors that affect the cost of car insurance:

Your age

One of the biggest factors that can affect car insurance costs is your age. Younger drivers typically pay more for car insurance. This is because they have less experience behind the wheel and are more likely to be involved in accidents.

The good news is that as you get older and gain more experience, your insurance rates should go down. Some insurance companies even offer discounts for drivers over the age of 55.


Insurance companies use something called a “territorial rating” to determine premiums based on where you live.

These companies look out for things like the number of reported thefts in where you reside, how frequent accidents occur there, and the cost of medical care and care repair around that area.

Generally, urban areas have higher rates than rural areas because there’s more traffic and a greater risk of accidents.

Your Driving History

This record includes things like your past accidents, tickets, and claims. If you happen to be involved in more accidents, then the higher the premium you will have to pay, and vice versa.

If you have had a clean record for a few years, your rates should go down. So, can you now see that it pays to be a safe driver?

The Type of Car You Drive

Let me give you this instance: sports cars and luxury cars tend to have higher rates because they’re more expensive to repair or replace if they’re damaged in an accident.

On the other hand, minivans and SUVs usually have lower rates because they’re considered to be safer vehicles.

In general, newer cars have higher insurance rates than older cars. This is because newer cars are more expensive to repair or replace, and they have more advanced safety features that can lead to higher repair costs.

Types of Insurance Coverage

There are several types of insurance coverage that you can choose from, and the type of coverage you have will affect your car insurance costs.

The most basic type of coverage is liability insurance, which is required by law in most states. This type of coverage pays for the other driver’s medical bills and property damage if you’re at fault in an accident.

You can also choose to add collision and comprehensive coverage, which pays for your own car’s repairs or replacement if it’s damaged in an accident or by something like a fire or a tree falling on it.

Your Claim History.

If you’ve happened to have filed a lot of claims in the past, insurance companies may consider you a high-risk driver and charge you higher rates.

Even one claim can raise your rates by up to 30%. On the other hand, if you’ve never filed a claim, you may qualify for a “claim-free” discount.

So, it’s important to drive safely and be careful on the road to avoid filing claims.

Top 50 Cheapest Cars to Insure

The table below shows the average annual premium of the cheapest cars to insure:

S/NCarsAverage Annual Premium
1Toyota Camry LE$1,500
2Honda Civic LX$1,200
3Honda Accord LX$1,200
4Toyota Prius$1,401
5Nissan Altima 2.5 S$2,290
6Toyota Corolla L$1453
7Subaru Impreza 2.0i$1,388
8Hyundai Elantra SE$1,476
9Mazda 3 i Sport$1,424
10Ford Focus SE$1384
11Volkswagen Jetta$1,481
12Ford Fiesta S$1,506
13Hyundai Accent SE$1638
14Kia Soul Base$1,338
15Chevrolet Cruze LS$1432
16Nissan Pathfinder SV$1,308
17Volkswagen Golf S$1896
18Honda Fit LX$1,168
19Toyota RAV4 LE$1438
20Nissan Rogue S$1,380
21Mazda CX-5 Sport$1,406
22Chevrolet Equinox L$1,853
23Ford Escape S$1,438
24Subaru Forester 2.5i$1,637
25Nissan Sentra S$1,738
26Toyota Highlander LE$1,324
27Volkswagen Tiguan S$1457
28Nissan Pathfinder S$1,435
29Subaru Crosstrek 2.0i$1,237
30Kia Sorento L$1,618
31Mazda CX-3 Sport$1710
32Volkswagen Beetle S$1,376
33Toyota 4Runner SR5$1478
34Ford Edge SE$1633
35Ford Explorer XLT$1355
36Nissan Murano S$1370
37Volkswagen Passat S$1,803
38Hyundai Tucson SE$1427
39Honda CR-V LX$2003
40Chevrolet Traverse L$1,951
41Honda Odyssey LX$1475
42Subaru Ascent Base$1834
43Toyota Tacoma SR$1,338
44Honda Ridgeline Sport$1,388
45Subaru Legacy 2.5i$1,352
46Kia Forte LX$1390
47Volkswagen GTI S$1896
48Volkswagen Alltrack S$1,388
49Subaru Impreza 2.5i Limited$1860
50Mazda CX-9 Sport$2,080

How to Find the Least Expensive Car Insurance

To find and probably purchase one of the cheapest car insurance plans, you have to do the following:

Don’t Settle for the First Car Insurance Quote

The Insurance Information Institute encourages drivers to get at least three car insurance quotes before making a decision, as rates can vary significantly.

Compare Costs for Different Vehicle Makes and Models

Before you purchase your next vehicle, it’s paramount that you compare costs from different providers and also consider various cars and models.

For instance, if you have a new teen driver in the house, comparing car insurance rates for vehicles can help you find the cheapest car to insure for young drivers.

Leverage Safety Feature Discounts and Savings

Vehicles with anti-theft devices, enhanced driver security features, and other services that keep drivers and vehicles safe all factor into lower premiums.

Drop Unnecessary Coverages

Recently paid off your vehicle? You can drop some coverages that are not essential to you. If you drive an older car that’s paid off, consider dropping your collision and comprehensive coverage.

Bundle Your Car Insurance With Other Types of Coverage

Most insurers offer multi-policy or bundling discounts, such as a home and auto insurance bundle. So ensure you seize that opportunity if you can.

Pay Attention To Your Odometer

If you don’t drive as often, you may be able to qualify for a low mileage discount. Some drivers may even consider a pay-per-mile option such as the SmartMiles program that’s offered by Nationwide.

Cars to Avoid if You Want Cheap Car Insurance

Sports Cars

Sports cars have some of the highest auto insurance rates. The reason for this is not just because they are built for speed, but because lightweight vehicles like sports cars are at a disadvantage if they happen to get involved in an accident with heavier vehicles.

They stand a higher chance of being fatally destroyed, and this makes their insurance premium rate go up. 

High-end Luxury Cars

These cars are typically expensive to insure because repairing them can be pricey, and it costs more to replace them if they’re totaled.

Electric vehicles

These vehicles can be more expensive to insure due to their higher price tags and repair costs; replacing an EV battery alone can cost thousands of dollars.

FAQs on the Top 50 Cheapest Cars to Insure

Does a car's color affect insurance rates?

Yes, the color of your car can actually affect your insurance rates. Insurers often consider the color of a car when setting premiums, as certain colors are associated with higher rates of theft or accidents. For example, red cars are often considered more expensive to insure, as they're associated with a higher rate of accidents

How does a car's safety rating affect insurance rates?

A car's safety rating can have a significant impact on insurance rates. Cars that have high safety ratings, such as those with top ratings from the Insurance Institute for Highway Safety (IIHS), are often cheaper to insure. This is because these cars are less likely to be involved in an accident, and if they are, the injuries are likely to be less severe. In addition, many insurers offer discounts for vehicles with high safety ratings. So, when you're shopping for a new car, it's important to consider the safety rating and how it will affect your insurance rates.

How does my driving record affect my insurance rates?

Your driving record is one of the biggest factors that insurance companies consider when setting your rates. If you have a clean driving record with no accidents or traffic violations, you're likely to pay lower premiums. On the other hand, if you have a history of accidents or violations, your premiums will be higher.

How can I improve my credit score to save on insurance?

Your credit score is another important factor that insurance companies consider when setting your rates. A good credit score can help you get lower rates, while a poor credit score can result in higher premiums. So, if you want to save money on insurance, it's important to work on improving your credit score.

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The 50 cheapest cars to insure are those with high safety ratings, low theft rates, and low maintenance costs.

While safety and reliability are important factors to consider when choosing a car, insurance costs should also be a part of your decision.

In addition to choosing a car that is likely to be cheap to insure, you can also take steps to lower your premiums by maintaining a good driving record and improving your credit score. Good luck.