While you might expect a cheaper car to have a lower insurance rate, that’s not always the case. Car insurance rates vary, sometimes significantly, depending on the kind of vehicle you drive (among other factors).
For each of the 25 bestselling vehicles NerdWallet looked at, we found the average insurance rate, the manufacturer’s suggested retail price and the insurance cost as a percentage of the MSRP.
Here’s what it truly costs to insure the most popular cars in the country:
|
Rank |
Average annual insurance premium |
MSRP |
Insurance as % of MSRP |
|---|---|---|---|
|
1. Subaru Outback |
$1,336 |
$26,945 |
5.0% |
|
2. Subaru Forester |
$1,347 |
$25,195 |
5.3% |
|
3. Honda CR-V |
$1,359 |
$26,400 |
5.1% |
|
4. Jeep Wrangler |
$1,406 |
$29,725 |
4.7% |
|
5. Hyundai Tucson |
$1,406 |
$25,500 |
5.5% |
|
6. Mazda CX-5 |
$1,412 |
$25,900 |
5.5% |
|
7. Ford Escape |
$1,427 |
$26,010 |
5.5% |
|
8. Honda Pilot |
$1,442 |
$37,580 |
3.8% |
|
9. Chevrolet Equinox |
$1,459 |
$25,800 |
5.7% |
|
10. Ford F-150 |
$1,465 |
$29,990 |
4.9% |
|
11. Toyota RAV4 |
$1,472 |
$26,525 |
5.5% |
|
12. Toyota Tacoma |
$1,477 |
$26,700 |
5.5% |
|
13. Chevrolet Silverado 1500 |
$1,524 |
$29,300 |
5.2% |
|
15. Toyota 4Runner |
$1,534 |
$37,605 |
4.1% |
|
16. Jeep Grand Cherokee |
$1,543 |
$37,785 |
4.1% |
|
17. Ford Explorer |
$1,570 |
$33,245 |
4.7% |
|
18. Honda Accord |
$1,601 |
$26,120 |
6.1% |
|
19. Honda Civic |
$1,603 |
$22,350 |
7.2% |
|
20. GMC Sierra 1500 |
$1,606 |
$32,895 |
4.9% |
|
21. Toyota Highlander |
$1,617 |
$35,405 |
4.6% |
|
22. Toyota Corolla |
$1,623 |
$20,175 |
8.0% |
|
23. Toyota Camry |
$1,641 |
$25,395 |
6.5% |
|
24. Dodge Ram 1500 |
$1,641 |
$35,200 |
4.7% |
|
25. Tesla Model Y |
$2,268 |
$60,990 |
3.7% |
