Selecting the right vehicle isn’t just about the purchase price; it’s also about the ongoing costs, including insurance premiums. Certain cars tend to be more affordable to insure due to various factors like safety, repair costs, and theft rates.
Here’s a list of the top 10 vehicles that are not only budget-friendly but also boast low insurance costs.
Honda CR-V: Known for its reliability and safety features, the Honda CR-V often comes with lower insurance premiums due to its excellent crash test ratings.
Toyota Camry: The Camry’s reputation for reliability and safety contributes to its lower insurance rates, making it an appealing choice for budget-conscious buyers.
Subaru Outback: With its safety features and low theft rates, the Outback typically commands lower insurance premiums compared to other SUVs.
Chevrolet Equinox: The Equinox’s safety features and reasonable repair costs contribute to its affordability in insurance premiums.
Ford Escape: This SUV’s safety ratings and average repair costs often result in lower insurance rates, especially for its segment.
Honda Odyssey: Minivans like the Odyssey are often favored for lower insurance costs due to their family-oriented design and safety features.
Jeep Wrangler: Surprisingly, the Wrangler’s lower theft rates and good safety ratings make it more affordable to insure than one might expect for an off-road vehicle.
Mazda CX-5: The CX-5’s strong safety ratings and reasonable repair costs contribute to its relatively lower insurance premiums among compact SUVs.
Nissan Rogue: The Rogue’s safety features and accident avoidance technology often lead to competitive insurance rates.
Hyundai Elantra: Compact cars like the Elantra with good safety ratings and affordable repair costs are often cheaper to insure than larger vehicles.
When it comes to selecting a vehicle, it’s not just about the sticker price. Opting for cars with lower insurance costs can significantly impact your overall expenses. Factors like safety ratings, repair costs, and theft rates influence insurance premiums. Consider these budget-friendly vehicles that not only offer reliability and safety but also help keep insurance costs in check.