Several factors go into calculating your auto insurance rate. Some of them have nothing to do with what you drive. Your age, your driving history and even your credit score can have an impact. But you can offset these variables to a certain degree by choosing a car that isn’t expensive to insure.
The larger your vehicle, the more likely it is to cause extensive damage to other cars if you’re in an accident. If your insurer has to pick up the tab for costly repairs, it’s going to pass that risk onto you in the way of higher premiums. Very small cars, such as two-seater sports vehicles, are also expensive to insure. Not only do they tend to get in more accidents -- drivers may think they can scoot in and out of any tight squeeze -- but when accidents occur, smaller cars can end up totaled and bodily injury claims can be steep. Sturdy, mid-sized sedans, crossovers, minivans and SUVs are typically the least expensive to insure.
The Less It Costs, the Less You’ll Pay
The cheaper it is to replace or repair your car, the less expensive it will be to insure it. If your insurance company has to replace your $75,000 Maserati, it’s going to want a lot from you up front in the way of premiums. According to Forbes magazine, the cheapest vehicle to insure as of 2014 is the Jeep Wrangler, with its low-cost replacement parts and a reasonable price tag. The Dodge Journey, Honda CR-V, Subaru Outback and Ford Escape also boast reputations for lower insurance rates.
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