You are proud to be a smart shopper. When looking for a new car, you need to research features and compare prices to make sure you get the best price-and you also want to know which car is the cheapest to insure
The 10 least expensive cars to insure in 2021, according to our data, are:
1- Honda CR-V
2- Chrysler pacifica
3- Honda Odyssey
4- Ford Eco Sport
5- Toyota Camry
6- Chevrolet Metro
7- Buick Riviera
8- Jeep Wrangler
9- Subaru Outback
10- Ford F-150
You might expect the insurance rates for cheap cars to be reduced, but this is not always the case. Car insurance rates sometimes vary depending on the situation, depending on the type of vehicle you drive (among other factors). Want to save on car expenses? Given that the national average cost of car insurance is $1,427, customers who purchase Subaru Outback or Jeep Wrangler may pay less than ordinary drivers
Need cheap car insurance? Avoid these vehicles
1-High-end luxury car
Vehicles with higher maintenance costs or higher market value usually also have higher insurance rates. This is because insurance companies expect to have to pay more for any comprehensive and collision insurance claims (including the cost of repairing or replacing your vehicle) for high-cost cars. As insurance companies increase their risks, they increase premiums
2- Sports cars
Insurance companies set premiums based on the likelihood of an accident for the driver of a certain vehicle. If drivers of a certain type of car make higher claims (even if they have a good driving record), then they will have to pay more. This is why sports cars are more prone to accidents due to their high performance, so insurance costs are often high
Beside the drivers of these cars are younger and therefore prone to accidents, which increases insurance costs
3- Electric vehicles
Electric vehicles have higher price tags and higher maintenance costs, so higher insurance prices may be required; just replacing an electric vehicle battery will cost thousands of dollars
4- The most targeted cars by thieves
Finally, car theft will also affect your charges. Some cars are stolen more often than others, so if you drive one of these cars, your expenses may be higher. However, drivers should keep in mind that there are many other factors that affect car insurance rates, such as age
How the car model affects the insurance rate?
The make and model of the vehicle will also affect insurance costs. Insurance costs for luxury sports cars are usually higher than for minivans. This is because sports cars usually run at higher speeds, which makes the driver more prone to accidents
Does trim level affect insurance?
Adding features to your new car may also increase your insurance rates. Cars equipped with high-tech safety equipment cost more to repair, and if you choose a more powerful engine, the insurance company may think you are at greater risk of speeding and accidents. Compared with purchasing additional features such as GPS systems, electric sunroofs or advanced audio systems, ensuring the lowest price for new models can save more than $200 a year
Automakers usually bundle many upgrades into various trim levels. For example, the interior level of Toyota Camry includes the basic level L, followed by LE, SE, XLE and XSE, each with more functions and a higher starting price. Spicy Drive's cheapest car ranking to ensure that the basic interior level of each car is used. For any car, an increase to a higher interior level may also mean an increase to a higher car insurance rate
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