10 Cheapest Cars to Insure in 2024

The Subaru Forester, Honda Odyssey, and Ford Ranger are some of the cheapest car models to insure, with average monthly rates as low as $147 for full coverage.

Cassie Sheets
Written byCassie Sheets
Cassie Sheets
Cassie SheetsContent Writer
  • 9 years writing data-driven content

  • Lifestyle contributor to 30+ local news sites

Cassie Sheets has a background in home and garden and real estate content. At Insurify, she translates industry jargon into insights that empower insurance buyers.

Featured in

media logomedia logo
Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
  • 3+ years producing insurance and personal finance content

  • Main architect of the Insurify Quality Score

Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.

Featured in

media logomedia logo
Mark Friedlander
Reviewed byMark Friedlander
Mark Friedlander
Mark FriedlanderDirector, Corporate Communications
  • Corporate communications director for Insurance Information Institute

  • 20+ years in insurance and communications

As Director, Corporate Communications for Triple-I, Mark serves as the non-profit’s national spokesperson, sharing information and education on a wide array of insurance issues.

Updated February 7, 2024 at 11:00 AM PST

Save up to $717 by comparing quotes from the top 100+ insurance companies

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers
Advertiser Disclosure

At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.

We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.

Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.

Looking for a new car? Don’t forget to take your future car insurance premium into account. Car insurance rates vary widely, and picking a specific model could save you hundreds of dollars on car insurance every month.

For example, the vehicle with the most affordable car insurance, the Subaru Forester, costs an average of $147 per month to insure; but the Infiniti Q50 costs an average of $296 per month to insure. Cost differences make it as important to compare insurance rates as vehicle features before you commit to buying a car.

Here’s how your vehicle’s make and model affect your car insurance and what you need to know about the cheapest cars to insure.

Quick Facts
  • The national average cost of full-coverage car insurance is $210, according to Insurify data. The monthly average for liability policies is $103.

  • Subaru is the cheapest car brand to insure, with an average monthly rate of $174 for full coverage.

  • A vehicle’s age and safety features can also affect how much you’ll pay to insure it.

The top 10 cheapest cars to insure

The Insurance Institute for Highway Safety (IIHS) named the Subaru Forester (the cheapest car to insure) a 2023 Top Safety Pick.[1] The second-cheapest vehicle to insure, the Subaru Outback, earned an IIHS 2023 Top Safety Pick+ recognition.[2]

Insurance companies consider vehicle safety features when determining rates, so driving a car with a top safety rating can help you save on car insurance.

Vehicle Make/ModelAverage Monthly Quote: Full Coverage
Subaru Forester$147
Subaru Outback$151
Honda Odyssey$155
Dodge Grand Caravan$158
Toyota Sienna$160
Honda CR-V$160
Ford Ranger$163
Chevrolet Trailblazer$164
Jeep Liberty$164
Hyundai Santa FE$166

Cheapest car brands to insure

Insurers consider many factors when they underwrite policies and determine premiums, including your vehicle’s model year, safety features, theft risk, and repair costs. Subaru is the cheapest car brand to insure, with an average monthly premium of $174 for full coverage, compared to $210 across all manufacturers.

Foreign and domestic brands were equally represented among the 10 cheapest car brands.

Vehicle MakeAverage Monthly Quote: Full Coverage
Subaru$174
Buick$179
Volvo$182
GMC$182
MINI$184
Jeep$189
Mazda$191
Ford$195
Chevrolet$198
Honda$198

Editor’s Experience

Ashley Cox

Ashley Cox

Linkedin

Senior Managing Editor, Insurify

I drive a Honda CR-V, which is one of the cheapest vehicles to insure. Insurance costs werent the only factor I considered when I was used-car shopping. But choosing a safe car with affordable insurance was definitely up there on my list of "must-haves."

View less

Cheapest car types to insure

Common, affordable, reliable vehicles with safety and anti-theft features are generally the cheapest models to insure. Insurance companies view high-horsepower sports cars and expensive luxury or exotic vehicles as being at a higher risk for theft and accidents. Repairing or replacing higher-value vehicles is also more expensive for car insurance companies.

Among sedans, trucks, and SUVs, trucks have the lowest insurance rates, and sedans have the highest. The average truck costs about 16% less to insure than the average sedan, but rates vary widely among different vehicles.

Cheapest sedans to insure

Sedans cost an average of $219 monthly to insure, but some models are much cheaper to cover. Insurers consider the cost to repair or replace your car when setting rates. Nine out of the 10 cheapest sedans to insure cost less than $30,000. The Chevrolet Impala costs slightly more, with an MSRP of $31,620.

Vehicle Make/ModelAverage Monthly Quote: Full Coverage
Subaru Impreza$184
Mazda 3$201
Chevrolet Impala$205
Chevrolet Cruze$209
Volkswagen Passat$211
Honda Accord$212
Toyota Camry$212
Volkswagen Jetta$215
Honda Civic$215
Cadillac CTS$216

Cheapest SUVs to insure

The Honda CR-V is the SUV with the cheapest insurance, with an average monthly rate of $160 for full coverage, compared to $189 across all SUV models. An equal number of American and Japanese manufacturers made the 10 cheapest SUVs to insure. Ford and Chevrolet were the most represented brands among the 10 least expensive to cover.

Vehicle Make/ModelAverage Monthly Quote: Full Coverage
Honda CR-V$160
Chevrolet Trailblazer$164
Toyota 4Runner$170
Honda Pilot$170
Ford Escape$171
Chevrolet Suburban$173
Toyota Highlander$175
Ford Explorer$180
Chevrolet Equinox$180
Mazda CX-5$181

Cheapest trucks to insure

Trucks, usually built with durability in mind, are the cheapest type of vehicle to insure, with an average monthly rate of $187 for full coverage. The RAM 1500 costs the least to cover, at $177 per month.

Vehicle Make/ModelAverage Monthly Quote: Full Coverage
RAM 1500$177
Ford F-Series Pickup$185
Chevrolet Colorado$186
Toyota Tundra$188
Toyota Tacoma$190
Chevrolet Silverado$196

Why the car you drive affects your car insurance rates

Insurance companies consider multiple factors when pricing your quote, but they typically offer lower rates on cars with advanced safety features like collision-warning systems, lane-departure warnings, anti-lock brakes, adaptive cruise control, and rearview cameras. These features can reduce your risk of accidents and injuries, making you less likely to file a claim.

Insurance companies also rely on historical data, examining the accident rates and claims history associated with certain car models. Insurers typically view high-performance vehicles and sports cars as posing a greater risk of claims and charge accordingly. New cars have higher rates since the price of repairing or replacing a new vehicle is greater.

Luxury cars and vehicles with specialized parts also have high repair costs, and insurance companies consider those costs when determining applicable premiums. Car models with high theft rates can also have higher premiums, but anti-theft features often reduce the price of insurance.

Types of Car Insurance Coverage

Types of Car Insurance Coverage

Avoid these cars if you want cheaper car insurance

Sports cars and luxury vehicles typically have higher car insurance premiums because of their higher theft rates and expensive repair costs. Additionally, the higher horsepower in sports cars increases the risk of severe damage in an accident.[3]

Electric cars can also be costly to insure. The 10 bestselling electric vehicles (EVs) in the U.S. cost an average of $253 per month to insure. If you want to keep your car insurance premium cheap, choose a common vehicle with easily replaceable parts, robust safety features, and less expensive car maintenance costs.

Most expensive cars to insure

If your car model has a high value, lacks safety features, or gets into more accidents than average, insurance companies might charge you more for car insurance. The theft risk is another common factor that influences insurance rates, so if your car is one of the most frequently stolen models, you could see that reflected in your premium.

The table below shows the most expensive cars to insure.

Vehicle Make/ModelAverage Monthly Quote: Full Coverage
Infiniti Q50$296
Dodge Charger$278
Dodge Challenger$273
Tesla Model 3$272
Kia K5$269
Infiniti G37$268
Mercedes Benz C-Class$260
Chevrolet Camaro$258
Ford Mustang$252
BMW 5-Series$248

Find Cheap Car Insurance for Any Make and Model

Save up to $717 by comparing quotes from the top 70+ insurance companies

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

How to lower your car insurance costs

Insurers look at numerous factors — including your ZIP code, age, driving history, credit history, type of vehicle, and additional features in your car — when determining your car insurance premium. While you can’t change your age or undo past accidents, you have ways to lower your auto insurance:

  • Increase your full-coverage deductible. Your deductible is the amount you pay out of pocket before your collision and comprehensive insurance covers a claim. Setting a higher deductible will usually lower your monthly premium because you’re taking on more of the up-front costs. However, it’s important you never set a deductible higher than you can afford should you need to file a claim.

  • Choose a car with advanced safety and anti-theft features. Many of the cheapest car models to insure come equipped with these features, which signals a lower risk of accidents or theft to insurance companies. Keep in mind your car choice could affect your rates the next time you buy or lease a vehicle.

  • Take a safe driving course. Some companies offer a discount on car insurance if you complete a defensive driving course through your insurer or an approved third party. You can also contact your insurance company to find out what’s available to you. Typically, you’ll need to have a clean driving record for at least three years to qualify for a safe driving course discount.

  • Join a usage-based insurance (UBI) program. Your insurance company may have an optional UBI telematics program that tracks driving behaviors — including hard braking, speeding, fast turns, and phone usage — through your car’s diagnostic system and your phone. Programs like DriveEasy by GEICO and Drivewise by Allstate reward a clean driving record, fewer accidents, and safe habits with lower rates.

  • Shop around for a better rate. Regularly comparing quotes from several insurance companies ensures you’re not overpaying for car insurance. You can use an online quote-comparison tool to see multiple rates at once to help you shop.

Read More: 12 Ways to Lower Your Car Insurance Costs

Read More: 12 Ways to Lower Your Car Insurance Costs

Find Cheap Car Insurance for Any Make and Model

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Cheapest cars to insure FAQs

If you still have questions regarding the cheapest cars to insure, the following information can help. Read on to find your solutions and remember, you can always contact your insurer with any follow-up questions.

  • Are newer or older cars cheaper to insure?

    In general, newer cars are more expensive to insure than older cars because they’re worth more and cost more to repair or replace. But if older cars lack certain safety features, you could pay more for insurance.

  • Which car is the cheapest to insure?

    The Subaru Forester, an all-wheel drive compact SUV, is the cheapest car to insure in 2024. The Forester features the kind of cutting-edge safety features like EyeSight Driver Assist Technology that acts as an extra pair of eyes and can brake automatically to prevent accidents. Automatic emergency steering also helps Forester drivers avoid collisions. The IIHS also named the Subaru Forester a 2023 Top Safety Pick.[1] Cars with high safety ratings tend to have lower average insurance rates.

  • Is it cheaper to insure an SUV or a car?

    Sport utility vehicles, or SUVs, tend to be cheaper to insure. These spacious vehicles, popular as family cars, often come equipped with robust safety features and four-wheel drive.

    On average, it costs $189 per month to insure an SUV, according to Insurify’s 2024 data. Pickup trucks are cheaper than sedans and SUVs, with an average price of $187 monthly. Sedans cost an average of $219 per month to insure — nearly 15% more than SUVs.

  • Are less-expensive cars cheaper to insure?

    Insurance companies consider the value of your car and what it would cost to repair or replace it as a rate-setting factor. Affordable cars are typically cheaper to insure than luxury models because low-value cars cost less to replace or repair.

    The average MSRP for the 10 cheapest cars to insure is $29,686 — 25% less than the $38,283 average MSRP for the 10 most expensive cars to insure.

  • What’s the cheapest car color to insure?

    Most new drivers are steered away from flashy red cars with a warning that brightly colored vehicles have higher car insurance rates. Fortunately, for people who prefer a bolder ride, car color doesn’t influence the average cost of insurance premiums. The myth that red cars cost more to insure persists, but many insurance agencies don’t even ask for the color of your vehicle when you apply for insurance. Insurify put this common misconception to bed by polling insurance shoppers about the color of the primary car on their policy and found no correlation between car color and insurance rates. Owning a red car doesn’t automatically mean you can’t find cheap car insurance.

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Insurance Institute for Highway Safety. "2024 Subaru Forester." Accessed January 24, 2024
  2. Insurance Institute for Highway Safety. "2024 Subaru Outback." Accessed January 24, 2024
  3. Progressive. "Insurance for Sports, Exotic, & Luxury Cars." Accessed January 24, 2024
Cassie Sheets
Cassie SheetsContent Writer

Cassie Sheets has more than nine years of experience creating compelling content for clients, brands, and local news sites. She started her career at Movoto Real Estate, where she transformed dry data into interesting insights for potential homebuyers. She’s since covered a wide range of topics, from pop culture news to home and garden trends.

Before joining Insurify, Cassie wrote engaging landing pages and blog posts for medical practices at MyAdvice. Now, she uses her knack for diving into the latest data and pulling out key details to empower insurance buyers.

Cassie holds a BFA in Creative Writing from Columbia College Chicago. In her free time, you can find her exploring the city with her dog, trying not to fall over in yoga classes, and petting cats at the shelter.

Courtney Mikulski
Edited byCourtney MikulskiSenior Editor, Auto
Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
  • 3+ years producing insurance and personal finance content

  • Main architect of the Insurify Quality Score

Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.

Featured in

media logomedia logo
Mark Friedlander
Reviewed byMark FriedlanderDirector, Corporate Communications
Mark Friedlander
Mark FriedlanderDirector, Corporate Communications
  • Corporate communications director for Insurance Information Institute

  • 20+ years in insurance and communications

As Director, Corporate Communications for Triple-I, Mark serves as the non-profit’s national spokesperson, sharing information and education on a wide array of insurance issues.

Compare Car Insurance Quotes Instantly

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers