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The Cheapest Car to Insure

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The Cheapest Car To Insure In 2020

CHEAPEST CARS TO INSURE

Cheapest New Cars to Insure

Cheapest Old Cars to Insure

Cheapest Small Cars to Insure

Cheapest SUVs to Insure

Cheapest Sedans to Insure

Cheapest Pickup Trucks to Insure

Cheapest Sports Cars to Insure

CHEAPEST CAR MODELS TO INSURE

Cheapest BMW to Insure

Cheapest Audi to Insure



The Cheapest Car To Insure In 2020

Owning a car is a privilege and is one of the fastest and convenient ways to travel from one place to another by most citizens in their daily lives today. People would invest in cars for the sole purpose of having private transportation or an easier way to get the family or friends to faraway places. In 2020, one of the best growing investments as of date is owning a vehicle, both veteran and rookie drivers have grown interests in purchasing vehicles for the self or for the family. Moreover, the best advice for people who are interested in getting a new ride would be to research the cheapest cars to insure by state. 

Car brands can range from family cars such as SUVs and small cars to luxury cars like BMWs and Audi. Yet, with all these given, consumers who are new to the car industry still need the guidance and advice on the budget-friendly car with the right type of insurance to cover damages and expenses for drivers.

Moreover, car insurance is also impacted by different elements, it can either be the brand of your car, the age of the driver, the purpose of driving, the state where the driver resides or has bought the car, and the list goes on. 

Whether the purpose of owning a car is for a comfortable lifestyle or long-distance business trips, it’s always important that the driver is satisfied with their car, not only from the comfort and performance angle, but also from the financial angle.

Understanding what is the cheapest car to insure in 2020 can be helpful for that, and this page will address just that, in great detail. The content provided in this article helps both veteran and new drivers find just that.

CHEAPEST CARS TO INSURE

Male drivers with more expensive cars are more likely to have higher rates, since statistically it is a population that carries a higher risk of being involved in car accidents, plus the fancy cars will require expensive repairs.

By knowing how the various factors affect the rates assigned to them, car owners can find the best deals. Car types, specifically, play a significant role in insurance rates because different vehicle types have different associated values in the market, which means cheaper cars have lower auto insurance prices, while more expensive cars have more expensive rates.  Makes sense, right? 

We are here to show you the most affordable cars to insure. Below are the best cars to insure at the cheapest rates depending on the age of the car and car type.


Cheapest New Cars to Insure

A car’s age is an essential factor in determining insurance rates. Newer cars look undeniably flawless and sleeker than older cars, resulting in higher chances of theft, which is why newly bought cars tend to have a more expensive insurance rate than used cars. Below are the top 10 cheapest newly-bought car insurance costs per year. A Mazda CX-3 Sport is the most affordable new car to insure with an average annual insurance cost of $1,324, while a Honda HR-V LX has the tenth cheapest rate of $1,377.

Cheapest New Cars to Insure
RankCar ModelAverage Annual Insurance Cost
1Mazda CX-3 Sport$1,324
2Honda CR-V LX$1,333
3Jeep Wrangler Sport S$1,334
4Subaru Outback 2.51$1,335
5Fiat 500X Pop$1,336
6Honda Odyssey LX$1,353
7Subaru Forester 2.5L$1,373
8Mazda CX-5$1,374
9Jeep Renegade Sport$1,374
10Honda HR-V LX$1,377



Cheapest Used Cars to Insure

As mentioned, a car's age is an essential determinant of clients' auto insurance rates. Older and used cars have lesser values than newly bought ones because they tend to have more flaws, with possibilities of being modified using unoriginal parts. Below are the top 10 cheapest used cars to insure. The cheapest car model to insure is the Saturn SL1, which costs $1,134 annually, while the tenth cheapest is the Pontiac Sunfire, which costs $1,292 annually.

Cheapest Used Cars to Insure
RankCar ModelAverage Annual Insurance Cost
1Saturn SL1$1,134
2Kia Spectra Base$1,161
3Mercury Sable LS$1,180
4Ford Escort$1,221
5Ford Escort ZX2$1,236
6Pontiac Grand Am SE1$1,272
7Buick Century Limited$1,273
8Pontiac Grand Prix SE$1,279
9Chevrolet Geo Prizm Base$1,290
10Pontiac Sunfire$1,292



Cheapest Small Cars to Insure

Smaller cars are more expensive to insure because they tend to get involved in accidents. Statistically, small cars are involved in accidents more than bigger cars because they are faster and easier to maneuver. This is why many abusive drivers take advantage of it by driving recklessly, causing collisions that may or may not involve other cars. Below are the top 10 cheapest small cars to insure. The most affordable small car to insure is the 2016 Chevrolet Cruze LS that costs an annual average of  $1,337, while the tenth cheapest is the 2016 Subaru Impreza that charges a yearly average of $1,421.

Cheapest Small Cars to Insure
RankCarAverage Annual Insurance Cost
12016 Chevrolet Cruze LS$1,337
22016 Dodge Dart$1,342
32016 Buick Verano$1,348
42016 Honda Civic$1,384
52016 Ford Focus$1,388
62016 Volkswagen Golf$1,393
72017 Hyundai Elantra$1,408
82013 Mazda Mazda3$1,414
92016 Toyota Corolla$1,419
102016 Subaru Impreza$1,421




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Cheapest SUVs to Insure

SUVs are known to be quite pricey, which is why insurance costs for an SUV are considerably higher than sedans. Generally, repairs costs for SUVs are more expensive because its overall value is high in the market for automobiles, which means its parts are costly during repairs. Below are the top 10 cheapest SUV models to insure annually. The cheapest to insure is the Honda CR-V, with a $2,346 average annual cost, while the tenth cheapest is the Ford Explorer, with a $3,587 average yearly price.

Cheapest SUVs to Insure
RankSUV ModelAverage Annual Insurance Cost
1Honda CR-V$2,346
2Toyota RAV4$2,475
3Chevrolet Equinox$2,560
4Ford Escape$2,834
5Chevrolet Tahoe$2,888
6Chevrolet Traverse$3,073
7Toyota Highlander$3,283
8Jeep Grand Cherokee$3,347
9Toyota 4Runner$3,355
10Ford Explorer$3,587



Cheapest Sedans to Insure

Generally, sedans are way cheaper than SUVs, so although it might be smaller in size, sedans' insurance rates are way cheaper. This car type's parts do not cost as much as SUVs, so it is cheaper to insure it. Below are the top 10 most affordable sedan models to insure. The cheapest is the 2016 Mercedes-Benz CLA-Class Coupe, which has an average annual cost of $854, and the tenth cheapest is the 2016 Honda Accord 4-Door Sedan with an average yearly cost of $1,100, which is still less expensive than the most affordable SUV to insure.

Cheapest Sedans to Insure
RankSedan ModelAverage Annual Insurance Cost
12016 Mercedes-Benz CLA-Class Coupe$854
22016 Volkswagen Jetta$991
32016 Chevrolet Malibu Premier$1,025
42016 Chrysler 200$1,029
52016 Volkswagen Passat$1,032
62016 Chevrolet Cruze Limited LTZ$1,039
72016 Volvo S80 Premier Plus$1,054
82016 Chevrolet Impala 2LTZ$1,094
92016 Subaru Legacy 2.5 Limited$1,097
102016 Honda Accord 4-Door Sedan$1,100




Cheapest Pickup Trucks to Insure

Pickup trucks are generally more expensive than cars. With a high value in the automobile market, pickup trucks are undoubtedly more costly to insure. Below are the top five cheapest pickup trucks to insure. The cheapest is the 2019 Nissan Frontier S, which costs $1,361, and the fifth cheapest is the 2019 Toyota Tacoma SR, which costs $1,405.

Cheapest Pickup Trucks to Insure
RankPickup Truck ModelAverage Annual Insurance Cost
12019 Nissan Frontier S$1,361
22019 GMC Canyon SL$1,369
32019 Ford F150XL$1,374
42019 Chevrolet Colorado$1,375
52019 Toyota Tacoma SR$1,405




Cheapest Sports Cars to Insure

Unquestionably, sports cars are more expensive than the average car. This expensiveness is because sports cars have more demanding requirements for racing against other cars, so it is also costly to insure one. Below are the top 10 cheapest sports car models to insure annually. The cheapest is the 2017 Mazda MX-5 Miata, which costs an average of $1,284, while the tenth cheapest is the 2018 Subaru WRX STI, which costs an average of $1,688.

Cheapest Sports Cars to Insure
RankSports Car ModelAverage Annual Insurance Cost
12017 Mazda MX-5 Miata$1,284
22017 Fiat 124 Spider $1,353
32017 BMW Z4 Roadster$1,561
42018 Chevrolet Corvette Stingray$1,562
52017 Subaru BRZ / 2017 Toyota 86$1,580
62017 Porsche Boxster$1,580
72018 Audi TT$1,584
82018 Chevrolet Camaro SS$1,606
92017 Ford Mustang GT$1,656
102018 Subaru WRX STI$1,688



CHEAPEST CAR MODELS TO INSURE

Car brands have up their game with the different car designs they have released over the years, and as we reach halfway through 2020, car brands have created lists of their oldest to newest car models that are highly recommended for their performance and price. Below is a graph that shows statistical data on the cheapest car models to insure in 2020.


Subaru Outback is one of the cheapest SUVs to insure at a starting price of $1,392. The Toyota RAV4, one of Toyota’s 2020 compact crossover SUV has set the bar of being the most expensive SUV to insure at a price rate of $1,555.

However, the insurance price rates of these car models vary in different states across the United States, as well as the driver’s demography and driving history.


Cheapest BMW To Insure

The Bayerische Motoren Werke (BMW) is a famous German multinational brand known for its production of luxury cars and motorcycles. Moreover, the BMW brand has been growing over the years and continues to produce high-end performance vehicles suitable for consumers of all ages and desired driving comfort. 

Moreover, BMW companies also offer insurance prices for their consumers. The average price range for BMW car models starts at $186 per month, and $2,234 per year.

Consumers should know that BMW cars are either one of the cheapest luxury cars to insure or the most expensive yet, depending on the BMW car model they plan on purchasing. BMW customers should also note that the average insurance price does not include additional features such as its safety features that support anti-theft, especially since BMW is a popular luxury car.

Below is a table that features the different BMW car models ranging from cheapest to most expensive to insure this 2020.

RankBMW Car ModelAverage Base Price
1Two Series$33,150
2Three Series$33,450
3Four Series$41,950
4Five Series$51,200
5Six Series$77,600
6Seven Series$81,500
7i3$46,250
8i8$143,400


The cheapest BMW car model consumers would insure the BMW 2 Series, which has an average base price of $33,150 and a monthly insurance rate of $238. As for the most expensive BMW car model, it is the BMW i8 that has an average base price of $143,400 and a monthly insurance rate of $173.



Cheapest Audi To Insure

Another type of German luxury car is the Audi AG, known for its partnership with Volkswagen Group, this well-respected automobile manufacturer is famous for its car designs, engineers, products, and luxury vehicles. Just like the BMW, the Audi brand is another type of luxury car that comes with an expensive insurance price, with different and brand new luxury cars produced and currently in production.

Moreover, Audi companies offer consumers insurance prices for them to be aware of the expenses the automobile insurance can cover. The average insurance price rate for Audi car models ranges around $150 to $200 a month. In contrast, the yearly insurance rate varies due to the different features that different Audi car models contain.

Below is a table that offers the different Audi car models ranging from cheapest to the most expensive to insure this 2020. 

RankAudi Car ModelAverage Base Price
1A3$31,200
2A4$34,900
3A4 Allroad$44,000
4A5$47,600
5A6$41,200
6A7$47,600
7Q7$49,000
8R8$162,900
9RS7$100,700
10S8$115,900


The cheapest Audi car model to insure is the Audi A3 that has an average base price of $31,200 and a monthly insurance rate of $191. As for the most expensive Audi car model to insure, the Audi R8 has an average base price of $162,900 with a monthly insurance rate of $197.



Compare The Cheapest Car Insurance Quotes

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