Top 20 Cheapest Cars to Insure
These cars are generally fall into the small to midsize range. Ranking for top 20 cheapest cars to insure is partly based on data from the Highway Loss Data Institute (HLDI – Vehicle Ratings )
Insurance companies will also consider your driving record, your area of residence, and the amount of miles driven each year, age, gender and your credit history when developing a quote for you.
A rule of thumb is that if your car is inexpensive then it's usually quite cheap to insure. But there are still other factors that go into the mix and here we have to look into the way insurance companies think and operate.
Insurance companies are most interested in how much a car is going to cost in repairs if the owner makes a claim. Nearly three quarters of the money insurers pay out goes on repairs - so the cheaper you car is to fix the more likely it is that your premium will be low. As a rule domestic models are cheaper to repair than foreign models.
Also, insurers are interested in how secure your car is. If you have an alarm, immobiliser or tracker then you will find your premium is lower. Even if your car is not of a high value, it is worth considering having these fitted. The newer your car is, the more likely it will include these features. Additionally, if your car accelerates quickly and can reach high speeds (sports car) you are going to be charged more because statistically these cars are involved in more accidents.
#20. 2009 Saturn Outlook
Base MSRP: $30,625
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: No major changes
Potential reasons for low premium: Fantastic safety ratings
#19. 2009 Chevrolet Impala
Base MSRP: $23,790
NHTSA Crash Safety Ratings: 5-star frontal
Changes for 2010: No major changes
Potential reasons for low premium: Low price, good crash test scores
#18. 2009 Dodge Grand Caravan
Base MSRP: $22,725
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: No major changes, lower MSRP
Potential reasons for low premium: Outstanding safety ratings, low theft rate, favored by mature drivers
#17. 2009 Chevrolet HHR
Base MSRP: $18,720
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: New optional rearview camera (late availability)
Potential reasons for low premium: Excellent safety ratings, low price
#16. 2009 Subaru Forester
Base MSRP: $19,995
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: No major changes
Potential reasons for low premium: Stellar crash safety, low price and low theft rate
#15. 2009 Toyota Prius
Base MSRP: $22,000
NHTSA Crash Safety Ratings: 4-star frontal
Changes for 2010: All-new for 2010. Newly optional collision and lane-departure warning systems.
Potential reasons for low premium: Good safety ratings and low theft rate
#14. 2009 Ford Taurus
Base MSRP: $25,170
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: All-new for 2010, with optional collision and blind-spot warning systems.
Potential reasons for low premium: Excellent safety ratings, low theft rate
#13. 2009 Mercury Mariner
Base MSRP: $22,650
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: Optional rearview camera, MyKey parental controls, automatic parallel parking feature.
Potential reasons for low premium: Great crash ratings and low price
#12. 2009 Hyundai Santa Fe
Base MSRP: $21,695
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: N/A
Potential reasons for low premium: Great safety ratings, affordable price
#11. 2009 Mazda MAZDA5
Base MSRP: $17,995
NHTSA Crash Safety Ratings: 5-star frontal
Changes for 2010: N/A
Potential reasons for low premium: Good safety ratings, low price
#10. 2009 Ford Ranger
Base MSRP: $16,395
NHTSA Crash Safety Ratings: 5-star frontal for driver, 4-star frontal for passenger
Changes for 2010: Standard stability control and side airbags.
Potential reasons for low premium: Inexpensive small truck, decent safety ratings
#9. 2009 Buick Lucerne
Base MSRP: $29,265
NHTSA Crash Safety Ratings: 5-star frontal, 4-star side
Changes for 2010: No major changes
Potential reasons for low premium: Good safety ratings, popular with mature drivers
#8. 2009 Subaru Tribeca
Base MSRP: $29,995
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: N/A
Potential reasons for low premium: Tons of safety features and fantastic crash safety
#7. 2009 Kia Optima
Base MSRP: $17,495
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: N/A
Potential reasons for low premium: Low price, excellent crash safety
#6. 2009 Ford Escape
Base MSRP: $20,435
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: Improved driver's-side mirror, optional rearview camera, MyKey parental controls, automatic parallel parking feature.
Potential reasons for low premium: Great crash safety, low price
#5. 2009 Chevrolet Equinox
Base MSRP: $24,315
NHTSA Crash Safety Ratings: 5-star frontal, 4-star side
Changes for 2010: All-new for 2010, with a lower MSRP and improved IIHS side-impact ratings.
Potential reasons for low premium: Accident avoidance features, good crash scores
#4. 2009 Kia Sportage
Base MSRP: $16,695
NHTSA Crash Safety Ratings: 5-star frontal and side
Changes for 2010: N/A
Potential reasons for low premium: Excellent crash safety and low price
#3. 2009 Toyota Avalon
Base MSRP: $27,845
NHTSA crash safety rating: 5-star frontal and side
Changes for 2010: No major changes
Potential reasons for low premium: Good safety ratings, mature buyers
#2. 2009 Buick LaCrosse
Base MSRP: $25,640
NHTSA crash safety rating: 5-star frontal
Changes for 2010: All-new for 2010. Higher base MSRP, but improved IIHS side-impact safety ratings and optional rear parking aids.
Potential reasons for low premium: Popular choice of mature, responsible drivers
#1. 2009 Mercury Grand Marquis
Base MSRP: $29,410
NHTSA crash safety rating: 5-star frontal and side
Changes for 2010: No major changes
Potential reasons for low premium: Above-average safety rating
Saving money on car insurance gives you more money to spend on the things you enjoy. Want to know more about Living Well in Lean Times visit us at Cheapskateliving.org
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