For a full breakdown of auto coverage, deductible strategy, and cost reduction tactics, see the Auto Insurance hub .
Find the most affordable cars to insure and learn what factors affect insurance costs.
Table of Contents
Cheapest Cars to Insure (2026)
Average annual insurance costs based on full coverage for a 35-year-old driver with clean record
Top 10 Cheapest Cars to Insure
Rank
Vehicle
Annual Insurance
1
Honda CR-V
$1,285
2
Subaru Outback
$1,310
3
Honda Odyssey
$1,325
4
Jeep Wrangler
$1,340
5
Subaru Forester
$1,355
6
Mazda CX-5
$1,365
7
Toyota RAV4
$1,380
8
Honda Accord
$1,395
9
Toyota Camry
$1,410
10
Ford Escape
$1,425
Cheapest by Category
Category
Cheapest Model
Annual Insurance
Sedan
Honda Civic
$1,420
SUV
Honda CR-V
$1,285
Minivan
Honda Odyssey
$1,325
Truck
Ford F-150 (base)
$1,510
Compact
Toyota Corolla
$1,445
Midsize
Toyota Camry
$1,410
Most Expensive Cars to Insure
Rank
Vehicle
Annual Insurance
1
Maserati Quattroporte
$4,200+
2
BMW M8
$3,800+
3
Mercedes-AMG GT
$3,600+
4
Tesla Model S Plaid
$3,400+
5
Dodge Charger SRT
$3,200+
Expensive Categories
Category
Avg Insurance
Sports cars
$2,500-$4,000+
Luxury sedans
$2,000-$3,500
High-performance
$2,500-$4,000+
Exotic cars
$4,000-$10,000+
Insurance Cost by Vehicle Type
Vehicle Type
Average Annual Cost
Minivan
$1,350
Small SUV
$1,420
Midsize sedan
$1,450
Compact car
$1,475
Midsize SUV
$1,520
Full-size sedan
$1,550
Pickup truck
$1,580
Large SUV
$1,650
Sports car
$2,100
Luxury car
$2,300
What Makes Cars Cheap to Insure?
Factor
Impact
Why
Safety ratings
Major
Fewer injuries = lower claims
Repair costs
Major
Cheap parts = cheaper claims
Theft rates
Moderate
Less theft = fewer total losses
Vehicle size
Moderate
Larger often means safer
Driver demographics
Moderate
Who typically drives it
Claim history
Moderate
Model’s track record
Signs of Cheap-to-Insure Cars
Good Signs
Bad Signs
High safety ratings
Sports car designation
Common parts
Expensive repair shops only
Low theft rates
High theft target
Family-oriented
Young driver appeal
Moderate horsepower
High horsepower
Cheapest New Cars to Insure
Vehicle
MSRP
Annual Insurance
Total Year 1 Cost
Nissan Versa
$16,500
$1,450
$17,950
Kia Forte
$19,500
$1,420
$20,920
Hyundai Elantra
$21,000
$1,435
$22,435
Toyota Corolla
$22,000
$1,445
$23,445
Honda Civic
$24,000
$1,420
$25,420
Cheapest Used Cars to Insure
3-5 years old
Vehicle
Used Price
Annual Insurance
Honda CR-V
$22,000
$1,180
Toyota Camry
$18,000
$1,220
Subaru Outback
$24,000
$1,210
Honda Accord
$20,000
$1,250
Mazda CX-5
$21,000
$1,240
Insurance often cheaper on used cars due to lower vehicle value
Electric Vehicle Insurance Costs
EV Model
Annual Insurance
vs. Similar Gas Car
Chevy Bolt
$1,650
+15% more
Nissan Leaf
$1,550
+12% more
Tesla Model 3
$2,100
+25% more
Tesla Model Y
$2,200
+22% more
Ford Mustang Mach-E
$1,850
+18% more
Why EVs cost more to insure:
Expensive battery repairs
Specialized mechanics needed
Higher vehicle values
Newer technology = uncertainty
Insurance by Driver Profile
Same car (Honda CR-V), different drivers:
Driver Profile
Annual Cost
35-year-old, clean record
$1,285
25-year-old, clean record
$1,650
20-year-old, clean record
$2,100
45-year-old, clean record
$1,200
35-year-old, 1 accident
$1,750
35-year-old, 1 speeding ticket
$1,480
Tips to Lower Insurance Costs
Choose the Right Vehicle
Strategy
Potential Savings
High safety ratings
5-10% off
Low horsepower
10-20% off
Anti-theft devices
5-15% off
Common model
Lower repair costs
Other Discounts
Discount
Typical Savings
Bundle home + auto
10-25%
Good driver
10-30%
Low mileage
5-15%
Defensive driving course
5-10%
Good student (under 25)
8-15%
Pay in full
5-10%
Automatic payments
3-5%
Full Coverage vs Liability-Only
Coverage Type
Honda CR-V Cost
Best For
Full coverage
$1,285/year
Newer cars, loans/leases
Liability only
$480/year
Older cars, paid off
Rule of thumb: Drop full coverage when annual premium > 10% of car’s value
Compare Multiple Quotes
Insurer
Same Driver, Same Car
Difference
Insurer A
$1,285
Lowest
Insurer B
$1,450
+12%
Insurer C
$1,620
+26%
Insurer D
$1,380
+7%
Prices vary 20-40% between insurers for the same coverage
When to Shop
Before buying a new car
At renewal time
After major life changes
If rates increase
Every 1-2 years
Related: Auto Loan Rates | How Much Car Can I Afford? | Best Auto Insurance
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WealthVieu
WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.
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