10 Cars With the Cheapest Auto Insurance Premiums

auto
Photo by MInerva Studio / Shutterstock.com

Would you rather drive a car that costs about $1,100 per year to insure, or one that costs more than $3,000 a year?

That might seem like a no-brainer, but it’s also a question car shoppers can forget to consider before buying. And over the lifetime of your vehicle, that oversight can end up costing you more than the vehicle itself.

Insure.com’s latest annual vehicle rankings based on insurance costs found that auto insurance premiums can vary widely from one model to another.

For example, the insurance data website found that the cheapest vehicle to insure — for the second year in a row — is the Honda Odyssey LX. On average, annual premiums for this minivan amount to $1,112.

Now, compare that with luxury cars, for example. Even the luxury car that is cheapest to insure this year, the BMW Alpina B6 XDrive Grand CP, comes with an average annual premium of $3,030.

The merits of minivans

The Odyssey’s ranking is not surprising to us. We’ve seen it earn various accolades in recent years.

Most recently, it was named among the vehicles most likely to last for 200,000 miles and the cars you’re most likely to keep for a decade by iSeeCars.

We also cited the Odyssey in “The 10 Best Cars for a Long-Term Relationship.” Its highlights include a built-in vacuum in the cargo area.

Insure.com also notes that minivans in general tend to fare well in the website’s annual vehicle rankings based on premiums:

“Minivans are loaded with safety features and garner high safety ratings … and are primarily driven by a parent hauling children around. All of these factors are music to an insurance company’s ears: Safety features, great safety rating and extra-cautious drivers lead to fewer accidents, fewer claims and lower rates.”

The cheapest cars to insure

For its latest rankings, Insure.com compared insurance rates for more than 2,800 models across every state. The rates are based on quotes from six insurance companies.

The 10 vehicles that are the cheapest to insure this year — including one tie– are:

  1. Honda Odyssey LX — $1,112 average annual premium
  2. Jeep Renegade Sport — $1,138
  3. Jeep Wrangler Black Bear — $1,148
  4. Honda CR-V LX — $1,170
  5. Jeep Compass — $1,183
  6. Subaru Outback 2.5-liter — $1,187
  7. Jeep Cherokee Sport — $1,188
  8. Buick Encore and Jeep Patriot Sport (tie) — $1,190
  9. Subaru Forester 2.5-liter — $1,196

If these premiums lead you to suspect you’re paying a lot for your own auto insurance policy, it might be time to shop around.

Comparison shopping is tip No. 1 in “9 Ways to Drive Down Your Auto Insurance Rates.” As the article explains:

“[M]any people don’t understand that policies differ among companies based on subjective criteria. Some companies specialize in insuring young drivers. Others are best suited for those with less-than-stellar driving records.”

How do you feel about your auto insurance premiums after seeing this list? Sound off below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
8 Common and Costly Homebuying Myths
8 Common and Costly Homebuying Myths

Think you’re ready to buy a house? Don’t fall victim to these rookie mistakes.

Stop Buying These 19 Things Online
Stop Buying These 19 Things Online

The internet has changed how we shop. But for some things, you’re still better off buying the old-fashioned way.

17 Surprising Things You Can Clean in a Dishwasher
17 Surprising Things You Can Clean in a Dishwasher

It’s often easier and faster to put these household items in the dishwasher than to clean them by hand.

Not Asking About This in the Hospital Can Cost You Thousands
Not Asking About This in the Hospital Can Cost You Thousands

Medicare recipients who fail to clarify their hospital status can pay a high price.

These Are the 10 Worst Cars for Depreciation
These Are the 10 Worst Cars for Depreciation

Two types of vehicles are especially likely to see steep plunges in value.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

How to Buy Gas At Costco Without a Membership
How to Buy Gas At Costco Without a Membership

The warehouse club often has some of the cheapest gas in town. Here’s how you can get it as a nonmember.

10 Things to Stop Buying If You Want a Clutter-Free Home
10 Things to Stop Buying If You Want a Clutter-Free Home

If you like to keep things simple, avoid these purchases.

A Simple Way to Silence Robocalls Today
A Simple Way to Silence Robocalls Today

A few steps can keep your phone from ringing when a spammer calls.

This Company Makes the Best Tires in America
This Company Makes the Best Tires in America

Driver satisfaction with tires is at an all-time high, but one brand stands out.

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

This iconic dinnerware is prized for everyday use as well as reselling for profit.

This Health Issue Can Hint at Dementia Years in Advance
This Health Issue Can Hint at Dementia Years in Advance

One type of pain is especially associated with cognitive decline.

Can I Switch to Spousal Social Security Benefits When My Ex Dies?
Can I Switch to Spousal Social Security Benefits When My Ex Dies?

Knowing when to claim can help you maximize benefits.

Medicare Will Not Cover These 6 Medical Costs
Medicare Will Not Cover These 6 Medical Costs

Don’t let these health care expenses catch you off guard in retirement.

8 Things You Should Always Buy on Amazon
8 Things You Should Always Buy on Amazon

The giant retailer shines when it comes to these things, from basics to hard-to-find specialty goods.

Beware This Hidden Ingredient in Rotisserie Chicken
Beware This Hidden Ingredient in Rotisserie Chicken

Something foul may lurk in those delicious, ready-to-eat birds.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

Prices Are Soaring on These 7 Items
Prices Are Soaring on These 7 Items

Some surprise price jumps are making life more difficult for consumers.

5 Ways to Fill Your Pantry With Free Food
5 Ways to Fill Your Pantry With Free Food

Anyone can take advantage of these resources.

5 States With the Worst Health Care for Retirees
5 States With the Worst Health Care for Retirees

All of these states are located in the same region of the nation.

7 Big Purchases You Should Never Make
7 Big Purchases You Should Never Make

Sometimes a big-ticket purchase is nothing more than a big waste of money.

6 Reasons You Should Stop Hiding Cash at Home
6 Reasons You Should Stop Hiding Cash at Home

Stashing money around the house is anything but harmless.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

5 Products You Should Never Buy Generic
5 Products You Should Never Buy Generic

Sometimes the brand-name version is clearly superior.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.