Car insurance is one of those necessary evils that you hope you’ll never have to use but thankful to have it if necessary. In most states, including here in Missouri, you’re required to carry car insurance in order to have your vehicle on the road.
Though necessary, this monthly insurance bill can be a real pain.
So if you’re in the market for a new car this year, why not choose a car with one of the lowest car insurance premiums?
2019 Top 10 Cheapest Cars to Insure
|Vehicle make and model||Estimate cost to insure in 2019|
|Honda Odyssey LX||$1,298 per year|
|Jeep Wrangler||$1,304 per year|
|Subaru Outback 2.5i||$1,306 per year|
|Mazda CX-3||$1,307 per year|
|Honda HR-V||$1,325 per year|
|Honda CR-V||$1,333 per year|
|Jeep Renegade||$1,338 per year|
|Ford Escape||$1,344 per year|
|Subaru Forester 2.5i||$1,347 per year|
|Jeep Compass||$1,349 per year|
What makes car insurance cheaper?
The first factor to lower car insurance is often the price of the vehicle itself. If you’re buying a cheaper car, then your insurance will be lower. Additionally, cheaper vehicles are often cheaper to service and maintain.
Another factor is the longevity of the brand. If an insurance company has insured a model of car for several years, then they have more data to determine a fair rate for insurance. For newer car models, insurance companies must base their prices based on what they think the performance of the vehicle may be as well as the safety ratings from the National Highway Traffic Safety Administration (NHTSA). The better the safety rating, the better the insurance rate is likely to be.
Car type also plays a part. Cars that are billed as family vehicles often have lower insurance rates because they’re more likely to be driven by cautious people with children onboard.
Interested to see the other side? Check out the most expensive cars to insure.