Buying your first car is always exciting, especially when you are living in the U.S. However, your car choice and your experience can increase or decrease your premium cost. As a new driver, you are looking for a car with cheapest insurance for new drivers and are unable to figure out any option, don’t worry.
You are at the right place, because in this article we will talk about the car with the cheapest insurance. This will not only save your money but also allow you to choose the best car within your budget. If you are excited to know more, stay with us.
Why Your Car Choice Matters So Much for New Driver Insurance
Your car choice matters so much because insurance companies in the U.S. don’t treat all cars equally. Moreover, your car model, engine size, safety features, repair costs, and theft frequency influence how much you will pay. Apart from this, new drivers already face higher base rates because insurance companies see inexperienced drivers as a higher risk. All these factors make it difficult to find the best car with cheapest insurance for new drivers.
This is why choosing a less risky car, like one with excellent crash test, modest engine size, low repair cost, and low theft rates, can save you thousands of dollars. Going with a less risky car allows you to find the cheapest insurance for new drivers within your budget easily. Also, the recent insurance industry analysis shows that overall premiums are rising year over year, which makes vehicle choice more important for cost-conscious buyers.
Types of Vehicles Considered Cheaper to Insure for New Drivers
Below, we have mentioned some of the nation’s best vehicles that are usually considered cheapest to insure for new drivers. Have a look at it.
- Compact Sedan/ Small Crossover – In this segment, vehicles often combine modern safety tech, a modest engine, and come with lower repair costs. Example: –
- Subaru Crosstrek / Forester Family
- Honda Civic
- Toyota Corolla Family
- Nissan Sentra
- Midsize SUVs With Strong Safety Records – There are some SUVs that can be inexpensive due to their strong crash protection and low-caliber crash severity. Example: –
- Subaru Outback / Forester
- Honda CR-V
- Avoid – Do not choose high-performance trims, luxury models, two-seaters, and vehicles that are expensive to repair. If you choose a car with high performance and luxury models, this may cost you more to insure.
These are some of the types that are considered cheaper, which makes it ideal for those who are looking for a car with cheapest insurance for new drivers.
Models That Appear on Cheaper to Insure List
Below, we have listed the car models that appear on the cheaper-to-insure list every year, because some brands combine safety, low repair costs, and moderate performance. This is why these brands appear in the list every time. Have a look at it.
- Subaru Forester/Crosstrek/ Outback – Subaru SUVs and crossovers come with strong safety ratings, lower claim severities, and offer good resale value. These features keep premiums competitive for new drivers.
- Honda CR-V/Civic – Honda’s known for its reliability and lower repair costs relative to luxury brands, and offers consistent safety performance.
- Toyota RAV4/ Corolla/ Tacoma – Toyota models come with proven safety records, and their widely available parts make them cheaper to insure than comparable luxury rivals.
- Volkswagen Jetta / Nissan Sentra/ Hyundai Elantra – The compact sedans with modest engines, good safety features, and lower replacement costs often show up on insurance lists. For example, Jetta is specifically called out as one of the budget-friendly models for those who are looking for a car with cheapest insurance for new drivers.
Note: – The list varies by insurer and zip code
These are some of the best models that appear every time in the list of insurers due to their affordable price and repair cost. Choosing this model will help you find the cheapest insurance for new drivers.
Steps to Get the Lowest Possible Insurance for a New Driver
Below, we have listed steps for you on how to grab the cheapest insurance for new drivers. Have a look at it.
- Go for a Safe, Modest Power Vehicle – For the cheapest insurance, prioritize the IIHS top safety pick model and base engines.
- Bundle and Shop Around – Compare at least 3 to 5 insurers to grab the best. For better and faster results, you can use online quote comparison tools. Comparing multiple insurers helps to identify the best deals within your budget.
- Take Advantage of Discounts – There are several discounts available that you can take advantage of. Such as a good student’s discount, low mileage, and safety equipment discount. Also, many insurers offer a telematics program that can cost for safe drivers.
- Avoid Unnecessary Add-ons – Do not go for unnecessary add-ons like expensive aftermarket stereo, bold wheels, etc. These add-ons increase theft or repair costs.
These are some of the simple but effective steps that can help you get the lowest insurance for those who are looking for the car with cheapest insurance for new drivers.
New driver who have bought their first car often has some myths that we have busted below. To understand it, have a look at it.
Myths Busted For New Drivers
- Smaller = Safer/ Cheaper – It’s not always true. Like small cars can be expensive to repair. Sometimes, small cars perform worse when they collide with big vehicles. Instead of assuming, always pick a small car with strong crash test ratings to grab the best deal.
- Older Car Costs Less to Insure – An Older car might lower collision costs if the market value is low. However, an older car may lack safety features and higher theft or mechanical issues, which can drain your savings. For the best deal, you can get quotes for the specific model or year that you are considering.
These are some of the myths among new drivers who buy their first car and are looking for the cheapest insurance for new drivers.
Final Thoughts
Buying your first car is always exciting, especially when you are living in the U.S. However, if you are planning for a car with cheapest insurance for new drivers, then this may be difficult for you. Because finding the best insurer depends on your choice of cars. If you go for a premium segment car with high repair costs, it will cost a high premium every month. Because insurance companies do not treat all cars equally, your car choice matters a lot these days.
Despite this, you can go for those brand cars that always appear at the top of the insurance list. These brands offer cars within your budget with the cheapest insurance. Also, you can avoid unnecessary add-ons to increase cost. Comparing multiple insurance quotes before finalizing any insurance can help you to grab the best within your budget.
Hi, my name is Sachin. I am currently studying Economics in college and have a strong interest in personal finance topics like credit cards and loans. Along with my studies, I work as a content writer, where I create educational and easy-to-understand content to help readers better understand financial topics and make informed choices.
