As a car owner, one of the most significant expenses you’ll face is car insurance. It’s no secret that the type of car you drive can impact your insurance rates, with sporty and high-performance vehicles typically costing more to insure than practical and safe ones.
For those in the market for an SUV, it’s essential to consider the cost of insurance as part of the overall ownership cost. To our Canadian readers, we’ve made a list just for you too, here at this link.
So, we’ve compiled a list of the five cheapest SUVs to insure in 2023 to help you make an informed decision.
2023’s 5 cheapest SUVs to insure
Check out the possible fuel savings cost you can have along with low insurance premiums…
1. Honda CR-V LX – $1,579
The Honda CR-V LX is the cheapest SUV to insure in 2023, with an average annual premium of $1,579. The CR-V is a practical and reliable compact SUV that offers ample interior space and excellent fuel economy. With standard safety features like forward-collision warning and automatic emergency braking, the CR-V is a top-rated choice for families.
2. Jeep Wrangler JL Sport – $1,588
The Jeep Wrangler JL Sport comes in second place with an average annual premium of $1,588. The Wrangler is a popular choice among adventure seekers due to its off-road capabilities and rugged design. While the Wrangler is known for being more expensive to insure than other SUVs, the JL Sport’s more straightforward design and safety features make it a more affordable option.
3. Subaru Crosstrek – $1,609
The Subaru Crosstrek is a compact SUV that offers standard all-wheel drive and excellent safety ratings. The Crosstrek’s affordable insurance rates are due in part to its advanced safety features, such as Subaru’s EyeSight Driver Assist Technology. With an average annual premium of $1,609, the Crosstrek is an excellent option for those seeking an affordable and safe SUV.
4. Subaru Forester 2.5I – $1,616
The Subaru Forester 2.5I is another affordable and safe option from Subaru. The Forester comes standard with all-wheel drive and safety features like adaptive cruise control and lane departure warning. With an average annual premium of $1,616, the Forester is an excellent choice for families and adventure seekers alike.
5. Hyundai Tucson SE – $1,634
The Hyundai Tucson SE rounds out our list of the five cheapest SUVs to insure in 2023 with an average annual premium of $1,634. The Tucson offers a spacious and comfortable interior, and its safety features include blind-spot monitoring and lane-keeping assist. The Tucson’s affordability and reliability make it an excellent choice for those seeking a practical SUV.
In conclusion
Owning an SUV can be an expensive investment, but choosing one of the five SUVs listed above can help keep insurance costs down. It’s always important to shop around for insurance quotes and compare coverage options to ensure you’re getting the best deal.
Main image courtesy: Honda, Toyota
