Wondering about SUV insurance rates? You’ve come to the right place.
SUVs are popular because they can carry many people, have more legroom and headroom, and offer a comfortable ride. Additionally, SUVs are better in bad weather and accidents than smaller cars. SUVs are not as fuel-efficient as smaller cars, but many people are willing to make this trade-off for the benefits of an SUV. In 2022, SUVs made up about 46% of vehicle sales globally.
Although SUV insurance is generally less than for trucks or sedans, there are many factors that can affect the cost of your insurance.
What You Need to Know About SUV Insurance Rates
Smaller SUVs are generally cheaper to insure than larger ones. The cheapest SUV to insure is the Honda CR-V, which costs about $1,673 per year. The most expensive SUV to insure is the Tesla Y, which costs $2,884 per year.
Here are some other SUV insurance rates:
- Jeep Wrangler: $1,771
- Subaru Forester: $1,805
- Toyota Highlander: $1,818
- Ford Explorer: $1,822
- Toyota RAV4: $1,865
How to Choose the Best SUV Insurance
The best SUV insurance is the one that provides the coverage you need at the best price for your particular model of SUV.
If you don’t have an SUV yet, you can take the insurance costs into account before you buy. Get a free quote and shop around. There’s no point purchasing a vehicle you can’t afford to insure.
It’s important to know that insurance providers can vary widely on their pricing. For example, to insure a Chevrolet Equinox, AIG charges $3,428/year, whereas State Farm only charges $1,229/year.
This is why it’s so important to shop around for your SUV insurance. Don’t just assume the insurance provider you have now will give you the best price. Get a free quote from multiple providers to find the best deal.
Questions to Ask Your Provider About SUV Insurance Rates
Here are some questions to ask your auto insurance provider before you commit to a policy:
- What is covered under my policy?
- What discounts are available?
- Is my SUV insurance rate cheaper if I pay by the year?
- How do I file a claim?
- What is my deductible?
- What happens if I cancel my policy?
Is SUV Insurance Cheaper Than Other Types of Car Insurance?
SUV insurance rates are typically less than sedan and truck rates because SUVs are considered safer and less likely to be stolen. However, there are a number of factors that go into determining your insurance rate, so it is important to shop around to make sure you are getting the best possible rate.
The best SUV insurance rate will not just be the cheapest, but also the one that provides you with the coverage you need to stay protected against an incident or accident. Paying a few bucks less a year may look enticing, but if you are not fully covered against certain perils, then your SUV insurance is not actually doing its job.
We can help you get access to fast and free SUV insurance quotes. We have partnered with our nation’s top providers to make sure you are covered.