Top Affordable Cars for Insurance Savings
Discover the most budget-friendly cars to insure, helping you cut costs on premiums while enjoying reliable vehicles. This guide highlights affordable options with lower insurance rates, suitable for drivers seeking savings and value. Learn which cars can reduce your insurance expenses today.
Top Affordable Cars for Insurance Savings
Car insurance costs have surged by approximately 33% from 2010 to 2016. Many drivers face annual premiums exceeding $1,000 across most states, adding financial strain when combined with car loans. To reduce expenses, selecting cars with lower insurance premiums can be a smart strategy.
Insurance costs depend on various factors like driver age, record, and location, but vehicle type significantly influences rates as well.
Below are some of the most economical vehicles to insure, helping you save both time and money:
Toyota Sequoia 4-door 4WD
This sizable SUV has a retail price of around $48,400, with an annual insurance cost of about $720. Collision coverage costs roughly $320 annually.
Chevrolet Traverse 4-door 4WD
Another large SUV, priced at approximately $47,500, with yearly insurance costs around $717, and collision coverage about $285 per year.
GMC Acadia 4-door 2WD
This large SUV retails for about $29,000, with annual insurance costs close to $712.83 and collision insurance around $304.20 annually.
Ford Edge 4-door 2WD
A mid-size SUV costing roughly $29,315, with yearly insurance around $694 and collision insurance approximately $304.20.
Ford F-150 Super Cab 4WD
This full-size pickup truck is priced at about $27,705, with annual insurance costs near $691 and collision coverage around $273.
Toyota 4Runner 4-door 4WD
A mid-size SUV costing approximately $34,610, with yearly insurance of about $688 and collision coverage close to $293.
Ford F-250 Super Cab 4WD
This large pickup has a retail price of around $33,150, with annual insurance costs about $685 and collision coverage around $250.
Subaru XV Crosstrek 4WD with Eyesight
A compact station wagon or crossover, priced at roughly $21,600, with annual insurance of about $681 and collision insurance around $289.
Choosing any of these vehicles can help you obtain affordable auto insurance and avoid unnecessary expenses.
Note:
The information on our platform covers various topics for your benefit. While our research provides valuable insights, it should not be considered definitive. We are not responsible for inconsistencies or inaccuracies from external sources. Also, some current schemes and offers may not be listed here but could be more advantageous for you.
