Top 7 Cheapest SUVS to Insure in 2023
An SUV, or sport utility vehicle, is a popular type of car that offers the features of a traditional family sedan with the added benefits of increased passenger and cargo space, higher ground clearance, and optional four-wheel drive. However, owning an SUV also comes with higher fuel and maintenance costs, and it’s important to protect your investment with car insurance. Car insurance provides financial protection in case of accidents, theft, and other unexpected events, which can save you thousands of dollars in repair and medical costs. These are the 7 cheapest SUVs to insure in 2023:
1. Honda CR-V
The Honda CR-V is a popular choice for SUV buyers due to its reliability and safety features. Insurance companies view the CR-V as a low-risk vehicle, as it has a history of performing well in safety tests and has a low theft rate. Additionally, the CR-V has a lower cost of ownership compared to other SUVs, which can help keep insurance premiums low.
2. Subaru Forester
The Subaru Forester is a popular choice for outdoor enthusiasts due to its all-wheel drive system and rugged construction. Insurance companies view the Forester as a low-risk vehicle, as it has a good safety rating and a low theft rate. Additionally, the Forester has a history of performing well in crash tests, which can lead to lower insurance rates.
3. Buick Encore
The Buick Encore is a compact SUV that is easy to maneuver and park, making it a practical choice for urban drivers. Insurance companies view the Encore as a low-risk vehicle, as it has a good safety rating and a low theft rate. Additionally, the Encore has a lower price tag compared to other luxury SUVs, which can help keep insurance premiums affordable.
4. Infiniti QX50
The Infiniti QX50 is a luxury SUV that offers a balance of performance and style. Despite its high-end features, the QX50 is surprisingly affordable to insure due to its advanced safety features and low theft rate. Additionally, Infiniti offers a variety of driver assistance features that can help prevent accidents and reduce insurance costs.
5. Ford Escape
The Ford Escape is a popular choice for families due to its spacious interior and good fuel economy. Insurance companies view the Escape as a low-risk vehicle, as it has a good safety rating and a low theft rate. Additionally, the Escape has a lower price tag compared to other SUVs, which can help keep insurance premiums affordable. Ford is a well-known brand in the auto industry, and some insurance companies may offer discounts for vehicles from trusted manufacturers.
6. Kia Sorento
The Kia Sorento is another SUV that is cheap to insure due to its low theft rate and safety features. The Sorento is also known for its fuel efficiency, which can help keep the cost of ownership down. Some insurance companies may offer discounts for vehicles with good gas mileage.
7. BMW X4
The BMW X4 is a luxury SUV that offers a combination of performance and style. Despite its high-end features, the X4 is surprisingly affordable to insure due to its advanced safety features and low theft rate. Additionally, BMW is a well-respected brand in the auto industry, and some insurance companies may offer discounts for vehicles from trusted manufacturers.
In conclusion, when shopping for an SUV, it’s important to consider the cost of insurance. By choosing a vehicle with a low theft rate, good safety rating, advanced features, and from a trusted manufacturer such as Ford, Mercedes, BMW and more, you can help keep your insurance premiums affordable. It’s also a good idea to compare quotes from different insurance companies to find the best coverage for your needs.