Nobody likes paying too much for car insurance, but it can be hard to get great coverage at an affordable rate. However, you can tip the scales in your favor by choosing one of the cars with the cheapest car insurance rates.
In addition to reviewing the best auto insurance companies, the Home Media team evaluated the most popular vehicles in the country to see which might give you the lowest car insurance rates.
Famous car models with the cheapest car insurance rates
While there are various factors that affect car insurance premiums, some vehicles usually get affordable coverage. We received auto insurance quotes for the 25 most popular cars in 2021 to see which models have the most expensive car insurance.
Prices below are based on a 32-year-old driver in North Carolina with a clean driving record and good credit. Each premium listed in the table is for comprehensive car insurance. These estimates are based on average prices from Geico and Progressive.
In general, drivers receive the most cost-effective protection when they choose SUVs and minibuses. The types of cars with the cheapest car insurance rates usually have these characteristics:
- easy to drive
- Contains essential ingredients
- Good performance in safety tests
- Cause little harm to others
- Provide great protection when involved in accidents
Vehicle factors that affect auto insurance rates
Even if you do not choose one of the cheaper models listed above, it is possible to find reasonable prices. Below, we’ll go through the critical items auto insurers consider when determining premiums for coverage.
- car age: Most people assume that older cars get cheaper auto insurance coverage, but that’s not always the case. Some new cars get lower premiums due to the added safety features, although this is often offset by higher repair costs.
- Vehicle TypeSmall SUVs and vans typically receive lower car insurance rates, while sedans and larger SUVs cost more to insure. It’s hard to find cheap car insurance for those who own electric cars, luxury models, and sports cars.
- cutting level: The nicer your car’s trim level, the more expensive your auto coverage is likely to be. That’s because premium models have features that cost more to replace.
- Safety Features: If your vehicle performs well on safety tests from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety, it will likely have lower rates. Safety features such as airbags, antilock brakes and seat belts will also reduce your car insurance costs.
- car theft rates: Certain car models are stolen more frequently than others, as shown in an annual study by the National Insurance Crime Bureau (NICB). Vehicles targeted by thieves are likely to have more expensive auto insurance policies.
Options that affect auto insurance rates
Certain decisions a driver makes can affect the cost of insuring his car. Here is a look at some of these factors:
- coverage level: The minimum coverage on your car will cost less than the full coverage of your car insurance. However, you will get very little protection for your car in the event of an accident if you choose the minimum state coverage.
- discount quantity: Those with higher deductibles receive lower car insurance rates, but they also pay more out of their pocket when damages occur.
- Combined Policies: You can pay a lower rate if you put other types of insurance, such as homeowners or renters coverage, under the same policy as your car coverage.
- Miles per yearInsurers usually charge policyholders lower rates who don’t drive as much because spending less time on the road makes them less likely to get into an accident.
Personal factors that affect car insurance rates
Even cars with the cheapest car insurance rates can be expensive to insure if personal factors indicate that you are a high-risk driver. Here are some characteristics that often lead drivers towards higher car insurance premiums:
- Driving record: If your driving record contains a recent accident, speeding ticket or DUI, expect to pay significantly more for vehicle insurance. The cheapest rates are usually given to those without traffic violations or recent insurance claims.
- Age, gender, and marital statusTeen drivers, young male drivers and singles of both sexes usually pay more for car insurance. As men get past their twenties, rates drop and are on par with what female drivers pay.
- Balance level: Those with poor credit get very high car insurance quotes because providers consider them high-risk drivers. Drivers with lower credit scores often pay higher prices than those with speeding tickets and accidents at fault.
- SiteYou will pay more if you live in an area with a high crime rate, high rates of uninsured drivers or a high number of accidents. Those in urban areas like New York City or Southern California usually pay higher rates than those in rural areas.
Having good credit and a clean driving record can make it easier to get cheap car insurance. While cars with cheaper auto insurance rates may have lower costs, coverage will likely cost more than the national average if your history indicates potential risks.
Car insurance discounts to help lower prices
It is possible to find cheaper premiums by carefully considering the auto insurance discounts offered by service providers. Below, we’ll look at some of the ways policyholders can save money.
Should I choose the cheapest car insurance rate?
It is a bad idea to automatically choose cars with the cheapest car insurance rates or to choose providers that offer low car insurance policies. Shockingly low rates may indicate that the insurance company is offering substandard coverage and is targeting drivers who want to save money.
While you will spend less by determining the minimum coverage required in your state, consider your options and needs. Auto insurance quotes will be cheaper if you decline comprehensive and collision coverage, but bodily injury liability coverage and property damage liability coverage will not take care of your costs after an accident.
Cars with cheaper auto insurance rates usually perform well in crash tests, but they aren’t necessarily the right models for everyone. Weigh your needs with the potential costs mentioned by insurance agents before choosing a vehicle.
Our car insurance recommendations
If you are looking for cars with the cheapest car insurance rates, you may also be wondering about providers that offer affordable coverage. Based on our research, we’ve found it easy to find competitive car insurance premiums from Geico and Progressive.
Geico: Editor’s Choice
Drivers looking for some of the most comprehensive auto insurance coverage should take a closer look at Geico. The company is known for its cost-effective coverage options and great financial strength, so your vehicle will be well protected in the event of an accident.
However, Geico’s customer satisfaction scores were close to average in most regions in JD Power American Car Insurance Study 2021SM. Our team reached out to Geico for comment on their customer satisfaction ratings but received no response.
Read on: Geico Lockdown Review
Progressive: Low rates for high-risk drivers
It’s not easy for motorists with poor credit scores or a less than perfect driving history to get premium car insurance, but progressive can be a good option for them. Although it probably won’t be the cheapest coverage, Progressive insures many drivers that are bypassed by other providers.
One of the downsides to Progressive is that it ranked the second worst provider in the country in JD Power 2021 US Auto Claims Satisfaction StudySM, with a score of 862 out of 1,000. Our team contacted Progressive to comment on the degree of satisfaction with the claims but did not receive a response.
Read on: Progressive Insurance Review
Because consumers rely on us to provide objective and accurate information, we’ve created a comprehensive rating system to craft our ratings for the best auto insurance companies. We have collected data from dozens of auto insurance providers to rank companies according to a wide range of rating factors. The end result was an overall rating for each provider, with the insurance companies that scored the most points at the top of the list.
Here are the factors our ratings take into account:
- Cost (20% of the total degree)Estimates of auto insurance rates generated by Quad Information Services and discount opportunities have been taken into account.
- Coverage (20% of the total score)Companies that offer a variety of options for insurance coverage are more likely to meet consumer needs.
- Reputation (20% of the total score): Our research team considered market share, ratings from industry experts, and years in business when giving this result.
- Availability (20% of the total score)Car insurance companies with the highest availability in the country and few eligibility requirements scored the highest in this category.
- Customer Experience (20% of the overall score): This score is based on the volume of complaints reported by NAIC and customer satisfaction ratings reported by JD Power. We have also taken into consideration the responsiveness, friendliness and assistance of each insurance company’s customer service team based on our shopper analysis.
* Accuracy of data at time of publication
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