Which Are the Cheapest Cars to Insure?

Which Are the Cheapest Cars to Insure?

Updated June, 2016

cheapest cars to insure for teensWhen factoring in the price of a car, car insurance, and car registration fees, one quickly realizes that purchasing a car can be quite expensive, especially for teens.

Teens, particularly young males, are a group that tends to have the highest insurance premiums. Finding cheap car insurance for you or your teenager can be tough so help it along by getting a car that may be cheap to insure. The more money you can save, the better off you will be when you start to realize how expensive it is to own a car.

Many consumers looking to purchase a car do not realize that the type of car that they drive can affect the price they pay for insurance.  Dana Almando from MexicanInsuranceStore.com,  one of the leading Mexican car insurance companies, states that “the type of vehicle you drive plays a large role in the cost of your insurance.” There are specific cars that have high insurance premiums and other types that have lower premiums. If you are a young driver looking for a car, you may want to consider buying a car that is cheap to insure.

For instance if you buy an older car that does not have a high market value, you may be able to cut insurance premium costs by not purchasing collision insurance. The safety record of the car, size of the car, vehicle repair history, and history of accidents, also play a role in determining the insurance premium one will have to pay.

Top Ten Cheapest Cars to Insure

The following are the top cheapest cars to insure:

GMC Safari SLE AWD 3dr Minivan
Dodge Caravan SE 4dr Minivan
Saturn ION 1 4dr Sedan
Pontiac Sunfire 2dr Coupe
Buick LeSabre
Buick Century
GMC Safari

Chrysler PT Cruiser 4dr Wagon

Jeep Liberty Sport 4WD 4dr SUV

Saturn L300 1 4dr Sedan
Volvo S40 4dr Sedan
Saab 38600 Linear 2.3t 4dr Sport Wagon
Buick Century Special Edition 4dr Sedan
Chrysler PT Cruiser 4dr Wagon
Volvo XC90
GMC Safari
Ford Taurus (station wagon)
Pontiac Montana
Mazda MPV
2004 Nissan Pathfinder Armada
Chevrolet Malibu Maxx
Chevrolet Venture

If we categorize the types of car, the following are the cheapest cars to insure:

  • Sports Cars: Pontiac Solstice most affordable cars to insure
  • Sport Utility Vehicle (SUV): The Land Rover is popular with older professionals because they have low car accident statistics.
  • Small Cars:  Honda Civic.
  • Trucks: Dodge Dakota Quad Cab
  • Midsized Cars: The BMW 3 Series Wagon

During these tough economic times, we are all looking for ways trim our budgets. Because car insurance isn’t cheap, it is important to take advantage of any means that will lower your car insurance premium. Because many people do not think about the cost to insure when they are shopping for a car, this error can result in costing a driver hundreds of dollars in insurance premiums every year. Looking for a car that is cheap to insure, can significantly reduce the amount you will pay each year in your insurance premiums. When purchasing car insurance, it is important to compare at least three different quotes from several different providers to find the cheapest insurance quote possible.

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