Most And Least Expensive Vehicles To Insure 2021 – Forbes Advisor – Forbes

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Updated: Jul 13, 2021, 12:41pm
Your vehicle plays a role in your car insurance rates, but how much? We looked at average auto insurance rates for more than 50 top-selling vehicles to find the most and least expensive for insurance.
The Honda CR-V, Jeep Wrangler Sport and Subaru Crosstrek are the least expensive cars to insure among popular 2021 vehicle models.
Honda CR-V LX
$1,574
Jeep Wrangler JL Sport
$1,585
Subaru Crosstrek
$1,606
Subaru Forester 2.5I
$1,613
Hyundai Tucson SE
$1,637
Jeep Compass Latitude
$1,645
Chevrolet Equinox L
$1,661
Ford Escape S
$1,663
Volkswagen Tiguan SE
$1,663
Ford F-150 XL
$1,672
Chevrolet Trax LS
$1,680
Toyota Tacoma SR
$1,688
Toyota RAV4 LE
$1,704
Kia Sportage EX
$1,705
Dodge Grand Caravan SE
$1,713
Ford Edge SE
$1,722
Mazda CX-5 Grand Touring
$1,729
Chevrolet Traverse LS
$1,733
Chevrolet Colorado
$1,733
Ford Ranger Lariat
$1,748
Toyota Highlander LE
$1,757
Nissan Rogue S
$1,758
Honda Pilot SE
$1,762
GMC Canyon All Terrain
$1,777
Subaru Outback 2.4I Limited XT
$1,789

Jeep Cherokee Limited
$1,809
Chevrolet Blazer 2LT
$1,811
Chevrolet Silverado 1500 WT
$1,813
Toyota Tundra SR
$1,818
Volkswagen Jetta SE
$1,833
Honda Civic EX
$1,838
Toyota 4Runner Limited
$1,848
GMC Sierra 1500
$1,851
Ford Fusion SE
$1,865
Chevrolet Malibu L
$1,882
Chevrolet Tahoe LS
$1,883
Chrysler Pacifica Limited
$1,891
Toyota Camry LE
$1,899
Hyundai Elantra SE
$1,904
Toyota Corolla LE
$1,909
Jeep Grand Cherokee Limited
$1,913
Ford Explorer ST
$1,944
Nissan Sentra S
$1,957
Kia Forte EX
$1,964
Kia Optima LX
$1,987
Honda Accord EX-L
$1,988

The Tesla Model S Performance is the most expensive car to insure among top-selling 2021 vehicle models.
Lexus NX 300h
$2,014
Dodge Ram 1500 Rebel
$2,015
Lexus RX 350
$2,105
Nissan Altima 2.0 S
$2,130
Tesla Model 3 Standard Plus
$2,447
Volvo XC90 T8 Inscription
$2,456
Lexus ES 300H
$2,485
Tesla Model S Performance
$3,960

What you pay for car insurance is partially based on the vehicle you’re insuring. This factors in claims that have been paid for similar models. For example, if your car insurance company has paid high liability auto insurance claims for your specific model for injuries to others, this can affect your car insurance rate.
High repair costs for a vehicle also make it more expensive to insure. For example, cars with advanced safety equipment like parking assist and lane departure warnings can increase repair costs because the equipment is more expensive to repair or replace.
If you buy collision and comprehensive insurance, past claims for similar models will also affect this portion of your bill. This includes the value of the vehicle. For example, if your car is totaled by a falling tree, you can make a comprehensive insurance claim. Your insurance company will pay the value of the vehicle at the time of the tree incident, minus your deductible. So expensive vehicles will have more expensive rates for collision and comprehensive insurance.
Related: Best car insurance companies
Your vehicle is just one element in the car insurance cost equation. Other factors can affect your car insurance rates more than the vehicle, such as your driving record and even credit. These are common factors in car insurance rates:
To find the cheapest vehicles to insure, we used rates from Quadrant Information Services, a provider of insurance data and analytics, and the top-selling 2021 vehicle models. Rates are based on a female driver with a clean record with $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability, uninsured motorist coverage and any other coverage required in the state. The rate also includes collision and comprehensive with a $500 deductible.
I’m the Insurance Analyst for Forbes Advisor. I’ve been writing about insurance for consumers for more than 20 years. Insurance intersects with many parts of our lives, yet it’s tough to untangle, and wrong choices can make a financial mess. I’m here to help you make sense of it. I’m especially interested in how data is affecting the price you pay for all insurance types.

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