Cheapest Car for Insurance

Buying a car is one of the biggest purchases you will make. However, when you factor in the cost of car insurance, it can quickly become more expensive than you anticipated. If you’re looking for a car that is affordable to insure, then you’re in luck. In this article, we’re going to be discussing the cheapest car for insurance.

What Determines the Cost of Car Insurance?

Before we dive into the cheapest cars for insurance, let’s first understand what affects the cost of car insurance. The following factors are taken into account when calculating the cost of insurance:

Factors
Description
Age
Younger drivers typically pay more for insurance due to their lack of driving experience.
Driving Record
Accidents, tickets, and other violations can raise the cost of insurance.
Car Make & Model
Cars that are more expensive to repair or replace will typically have higher insurance premiums.
Location
Where you live can impact the cost of insurance due to factors such as crime rates and weather conditions.
Credit Score
Insurance companies may use your credit score to determine your insurance premium.

Cheapest Cars for Insurance

1. Honda Civic

The Honda Civic has been a popular car for years, and for good reason. This car is reliable, fuel-efficient, and affordable to insure. According to Insure.com, the average cost of insurance for a Honda Civic is $1,392 per year.

2. Toyota Corolla

The Toyota Corolla is another reliable and affordable car to insure. The average cost of insurance for a Toyota Corolla is $1,364 per year. This car is perfect for those who are looking for a car that is easy to maintain and won’t break the bank.

3. Subaru Outback

If you’re looking for a car that is safe and reliable, then the Subaru Outback is a great option. The average cost of insurance for a Subaru Outback is $1,500 per year. This car is perfect for those who need a car that can handle all types of weather conditions.

4. Mazda CX-3

The Mazda CX-3 is a great option for those who are looking for a car that is both affordable and stylish. The average cost of insurance for a Mazda CX-3 is $1,324 per year. This car is perfect for those who want a car that is fun to drive, but won’t break the bank.

5. Kia Soul

The Kia Soul is a unique car that is perfect for those who want a car that stands out. The average cost of insurance for a Kia Soul is $1,450 per year. This car is perfect for those who want a car that is affordable to insure and has plenty of room for passengers and cargo.

FAQ

1. How can I lower my car insurance premium?

There are several ways to lower your car insurance premium, such as maintaining a good driving record, increasing your deductible, and taking advantage of discounts offered by your insurance company.

2. Can I get car insurance with a bad credit score?

Yes, you can still get car insurance with a bad credit score. However, your premium may be higher than someone with a good credit score.

3. What type of car should I avoid if I want to pay less for insurance?

If you want to pay less for insurance, you should avoid sports cars, luxury cars, and cars with high horsepower. These cars are typically more expensive to repair or replace, and they are more likely to be involved in accidents.

4. How can I compare car insurance quotes?

You can compare car insurance quotes by using an online comparison tool or by contacting insurance companies directly. Be sure to compare the coverage and premiums offered by each company to ensure you’re getting the best deal.

5. Can I change my car insurance policy at any time?

Yes, you can change your car insurance policy at any time. However, it’s important to note that there may be fees associated with canceling your current policy and starting a new one.

In conclusion, if you’re looking for a car that is affordable to insure, then there are plenty of options to choose from. By taking into account the factors that affect the cost of insurance and choosing a car that is reliable and safe, you can save money on insurance premiums while still driving a car that meets your needs.