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Auto Insurance9 min readUpdated Jun 2026

Cheapest Cars to Insure in 2026: Make + Model Premium Data

Reviewed by CarSavr Editorial TeamReviewed Editorial standards
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Written by

Michael Ecke

Founder & Editor, CarSavr

Reviewed by

CarSavr Editorial Team

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9 min read

Honda CR-V averages $1,210/year — the cheapest mainstream SUV. Tesla Model S averages $3,280 — the most expensive sedan. Here's the full make-by-model breakdown with the 4 risk factors carriers actually weigh.

Aerial view of vehicles on a highway

Quick answers

Why is the Tesla Model 3 more expensive than the Honda CR-V to insure?
Repair cost is the dominant factor: Tesla parts are OEM-only with limited shop options, the battery pack is expensive to certify after collision, and Tesla's vertical service model concentrates repairs in fewer locations (driving labor costs up).
Does the cheapest car to insure depend on my state?
Slightly. State multipliers shift the absolute dollar figures by ±35%, but the relative ordering (Honda < BMW) stays roughly constant. The vehicle-specific factors are nationally uniform; only the state's regulatory environment + claim-frequency baseline varies.
Can I get a lower premium by switching from a Tesla Model S to a Honda CR-V?
Yes — typically $1,800-$2,400/year reduction at the same coverage limits. Many high-net-worth drivers keep a "weekend Tesla" (insured for occasional use) + a "daily Honda" (insured for full mileage) to optimize the premium stack.

The 4 factors carriers actually weigh

Insurance carriers price your premium based on FOUR vehicle-specific factors: theft frequency (from NHTSA data), repair cost (from Mitchell estimating data), parts availability (from OEM supply chain), and driver-demographic correlation (vehicles popular with young aggressive drivers get marked up).

The output: a "make-model insurance score" that some carriers publish (GEICO, Progressive) and others keep internal (State Farm, Allstate). The score determines a 0–40% multiplier on your base premium.

The 10 cheapest mainstream vehicles to insure (2026 data)

Average annual full-coverage premium for 35-year-old driver with clean record, 100/300/100 limits, $500 deductible:

  1. Honda CR-V — $1,210/yr · Low theft, cheap parts, ASE-certified shop availability nationwide
  2. Subaru Outback — $1,225/yr · Lowest collision-claim frequency in the IIHS data
  3. Toyota RAV4 — $1,245/yr · Cheap parts + dealer service network
  4. Mazda CX-5 — $1,290/yr · Excellent safety scores, lower theft
  5. Honda Pilot — $1,310/yr · Family-segment vehicle (lower-risk driver pool)
  6. Hyundai Tucson — $1,335/yr · Improved theft mitigation (anti-immobilizer fix)
  7. Ford Escape — $1,355/yr · Cheap parts widely available
  8. Toyota Highlander — $1,380/yr · Lowest accident frequency in 3-row segment
  9. Mazda CX-50 — $1,395/yr · Newer model with strong safety scores
  10. Subaru Forester — $1,420/yr · AWD standard, low collision risk

The 10 most expensive to insure

  1. Tesla Model S — $3,280/yr · Battery + electronics repair cost
  2. Audi RS5 — $3,150/yr · Sports-segment driver demographic + parts cost
  3. BMW M3 — $3,090/yr · High-performance vehicle premium
  4. Tesla Model X — $2,950/yr · Falcon-wing doors expensive to repair
  5. Mercedes E-Class AMG — $2,890/yr · Luxury parts + performance premium
  6. Dodge Challenger Hellcat — $2,720/yr · Highest collision-claim frequency
  7. Cadillac Escalade — $2,650/yr · Theft target + repair cost
  8. Range Rover Sport — $2,610/yr · Notorious electrical complexity drives repair cost
  9. Tesla Model 3 Performance — $2,540/yr · Performance trim of mainstream EV
  10. BMW X7 — $2,485/yr · Large luxury SUV with high parts cost

What this means for shoppers

If you're shopping for a vehicle and insurance cost matters, the spread is real: ~$2,000/year difference between top and bottom of this list. Over a typical 7-year ownership, that's $14,000 in cumulative insurance cost.

The Tesla Model 3 is a particularly common case: shoppers see $40k sticker price and think they're buying value, but the insurance + electricity + tire-replacement cost stack pushes 5-year cost-of-ownership above a base BMW 3-series.

Why Hondas + Toyotas always win this list

  • Cheap parts inventory: Every metro has 3+ parts suppliers competing on price
  • Repair-network depth: 12,000+ shops nationally that work on these brands at independent rates
  • Lower theft rates (post-2024 immobilizer updates)
  • Family-skewed driver pool: Lower aggression-correlated claims
  • High safety scores: Top IIHS + NHTSA ratings reduce claim frequency

FAQs

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Updated Jun 7, 2026

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Premium data: 2024 national-average annual premiums published by Quadrant Information Services from state-DOI rate filings. Sample driver: 35-year-old · clean driving record · $100/$300/$100 full coverage · $1,000 deductible · median ZIP code. Your actual quote will vary based on age, ZIP, driving record, vehicle, credit, and coverage selections. CarSavr may earn a commission when you buy a policy through our links — it never affects how we rank carriers.

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Why is the Tesla Model 3 more expensive than the Honda CR-V to insure?

Repair cost is the dominant factor: Tesla parts are OEM-only with limited shop options, the battery pack is expensive to certify after collision, and Tesla's vertical service model concentrates repairs in fewer locations (driving labor costs up).

Does the cheapest car to insure depend on my state?

Slightly. State multipliers shift the absolute dollar figures by ±35%, but the relative ordering (Honda < BMW) stays roughly constant. The vehicle-specific factors are nationally uniform; only the state's regulatory environment + claim-frequency baseline varies.

Can I get a lower premium by switching from a Tesla Model S to a Honda CR-V?

Yes — typically $1,800-$2,400/year reduction at the same coverage limits. Many high-net-worth drivers keep a "weekend Tesla" (insured for occasional use) + a "daily Honda" (insured for full mileage) to optimize the premium stack.

Are EVs always more expensive to insure than gas cars?

Yes today, but the gap is narrowing. Tesla insurance dropped 8% in 2025 and another 3% in early 2026 as repair networks expanded. Within 3 years, the EV insurance premium is expected to converge with comparable gas vehicles.


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Updated June 7, 2026Reviewed by insurance-specialist

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