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Home » Insurance » Cheapest Cars to Insure For Teens – The Cheapest Cars to Insure in 2020

Cheapest Cars to Insure For Teens – The Cheapest Cars to Insure in 2020

Are you looking for the cheapest cars to buy and haven’t seen any? We would provide you with all the cheapest cars in 2020, just in case you want to buy it.

The Honda CR-V, Chrysler Pacifica, and Honda Odyssey are the cheapest cars to insure, offering annual savings of more than $1,000 compared to the most expensive models.cheapest Cars to Insure For teens

Auto insurance costs are higher for certain vehicles for a variety of reasons a car having high repair costs, a poor safety record or few anti-theft features will likely cost more to cover.

What is the Least Expensive Car to Insure?

We found discovered that the Honda CR-V was the cheapest car to insure out of the 50 vehicles we considered, with an annual auto insurance cost of $2,346.

This is 22% less than the average yearly premiums across all of the vehicles we surveyed. Furthermore, the CR-V’s insurance costs were $2,397 less per year than the most expensive car to insure the Tesla Model S.

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RankCar nameType of carVehicle priceAnnual auto insurance rate
1Honda CR-VSmall SUV$25,102$2,346
2Chrysler PacificaMinivan$21,996$2,416
3Honda OdysseyMinivan$26,391$2,457
4Ford F-SeriesStandard Pick-up Truck$22,849$2,471
5Toyota RAV4Small SUV$20,257$2,475
6Chevrolet EquinoxSmall SUV$19,837$2,560
7Chevrolet ColoradoSmall Pick-up Truck$17,816$2,562
8Toyota TundraStandard Pick-up Truck$29,920$2,577
9Honda RidgelineSmall Pick-up Truck$27,226$2,611
10Ford FiestaSubcompact Car$12,063$2,621
11 (tie)Dodge Grand CaravanMinivan$20,175$2,634
11 (tie)GMC CanyonSmall Pick-up Truck$24,446$2,634
13Toyota TacomaSmall Pick-up Truck$22,749$2,670
14Nissan FrontierSmall Pick-up Truck$25,992$2,687
15Kia SedonaMinivan$22,877$2,699
16Honda FitStation Wagon$17,760$2,720
17Toyota SiennaMinivan$25,189$2,746
18Ford EscapeSmall SUV$17,710$2,834
19Chevrolet CruzeCompact Car$14,849$2,841
20Chevrolet TahoeStandard SUV$39,568$2,888
21Honda HR-VStation Wagon$20,679$2,931
22GMC SierraStandard Pick-up Truck$23,357$2,937
23Ram PickupStandard Pick-up Truck$20,157$2,998
24Chevrolet ImpalaLarge Sedan$21,193$3,001
25Toyota CamryMidsize Sedan$20,147$3,036
26Honda AccordMidsize Sedan$23,561$3,042
27Honda CivicCompact Car$19,601$3,042
28Chevrolet SilveradoStandard Pick-up Truck$24,773$3,057
29Nissan SentraMidsize Sedan$13,475$3,059
30Chevrolet TraverseStandard SUV$28,009$3,072
31Ford FocusCompact Car$13,140$3,083
32Volkswagen JettaCompact Car$14,754$3,109
33Kia SoulStation Wagon$15,186$3,114
34Chevrolet CamaroSubcompact Car$20,875$3,141
35Toyota CorollaMidsize Sedan$15,651$3,164
36Ford TaurusLarge Sedan$18,123$3,173
37Nissan MuranoStation Wagon$23,949$3,188
38Nissan RogueStation Wagon$18,969$3,193
39Chrysler 300Large Sedan$21,029$3,268
40Nissan AltimaMidsize Sedan$16,824$3,269
41Toyota HighlanderSmall SUV$29,207$3,283
42Jeep Grand CherokeeStandard SUV$26,125$3,347
43Toyota 4RunnerStandard SUV$31,467$3,355
44Dodge ChargerLarge Sedan$22,760$3,378
45Ford MustangSubcompact Car$22,218$3,485
46Nissan VersaCompact Car$11,947$3,525
47Ford ExplorerStandard SUV$28,322$3,587
48Mercedes-Benz C-ClassSubcompact Car$34,752$4,122
49Mercedes-Benz E / CLS-ClassSubcompact Car$48,694$4,129
50Tesla Model SLarge Sedan$69,184$4,743

Vehicles with values between $25,000 and $30,000 actually had the lowest auto insurance rates at $2,871 per year on average 6% less than the cheapest cars with values between $10,000 and $15,000.

However, the most expensive cars with values of more than $30,000 did cost the most to insure, with annual car insurance premiums of $3,847.

Cheapest cars to insure by car type

Car shoppers are likely to have a specific type of car in mind when buying a new vehicle, whether they are looking to buy an SUV or a minivan.

Here are the most affordable models to insure for every car type we looked at.

  Car typeCheapest modelAverage yearly rate
  Small SUVHonda CR-V$2,346
  MinivanChrysler Pacifica$2,416
  Standard Pick-up TruckFord F-150$2,471
  Small Pick-up TruckChevrolet Colorado$2,562
  Subcompact CarsFord Fiesta$2,621
  Station WagonHonda Fit$2,720
  Compact CarChevrolet Cruze$2,841
  Standard SUVChevrolet Tahoe$2,888
  Large SedansChevrolet Impala$3,001
  Midsize SedansToyota Camry$3,036

Which car make is the least expensive to insure?

Before we talk about the Cheapest Cars to Insure For Teens, we must talk about the costly one. Americans have a large list of car makes, or brands, to choose from when it comes to shopping for a car. Our analysis found that certain car makes tend to skew a bit more expensive than others. For example, we found Honda and GMC vehicles tended to be cheaper to insure than luxury brands such as Mercedes and Tesla


yearly rate


The cheapest car type to insure

Conventional wisdom says that large or fast vehicles are usually more expensive to insure. Interestingly, however, a standard size pickup truck actually proved to be cheaper on average to insure than compact cars.

Below you can see which types of car are usually cheaper to insure:

RankType of carAverage

 yearly rate

2Small Pick-up Truck$2,633
3Small SUV$2,700
4Standard Pick-up Truck$2,808
5Station Wagon$3,029
6Midsize Sedan$3,114
7Compact Car$3,120
8Standard SUV$3,250
9Subcompact Car$3,500
10Large Sedan$3,513

Why does the car you drive affect your insurance rates?

Insurers set their prices based on how likely they predict that a driver of a certain vehicle will get into an accident or file a claim. If drivers of a particular model file claim at a high rate, then everyone who drives that car even if they themselves have a good driving record will have to pay more. This is why sports cars, that are more likely to be involved in accidents because of their high performance, often are expensive to insure.

Vehicles that cost more to repair or have high market values will also often have higher insurance rates. This is because insurance companies will anticipate having to pay out more for any comprehensive and collision insurance claims which cover the cost to repair or replace your vehicle for high-cost cars. Because of this heightened risk for insurers, they increase premiums.

Lastly, car theft also plays a role in your rates. Some cars get stolen more than others, so if you are driving one of those cars your rates are probably going to be higher. However, drivers should keep in mind that there are many other factors at play that impact auto insurance rates, such as age.


We gathered quotes from the four largest insurers State Farm, Progressive, GEICO, and Allstate for a 30-year-old male with a clean driving record living in each of the four largest metropolitan areas in the U.S.: New York, Los Angeles, Chicago, and Dallas.

The insurance prices represent the total cost for full coverage policies with liability coverage limits above the state minimums. Average car values were obtained from CarGurus and car types are based on the EPA’s vehicle size designations.