When starting on the car purchasing journey, we all desire to settle for the cheapest car to insure. You want to know what insurance companies charge on various car models. But then, you also need to figure out how much you plan to spend on car insurance?
If you have a fixed cost in mind, it is very important to research the insurance rates offered on different car models to calculate the cumulative cost. With this guide, you will tell the amount of money each car model will attract.
Getting a combination of a car with outstanding features and still cheap to insure can only be equated to double blessings. The list herein includes some of these cars.
1. Toyota Corolla
You can never overlook the appealing appearance, reliability, and practicality of the Toyota Corolla. These outstanding features of the car make it an admirable machine to buy. The company sells over one million corollas every year, proof of reliability.
The car will cost you slightly over $6,960 annual driving cost per year. While it is not the most comfortable in the market, it is worth your investment and incredibly reliable. Buying Corolla is reminiscent of signing for great peace of mind.
2. Mazda CX-3
One thing Mazda brags about that beats the rest is its sporty look. Adding the sporty look to its reasonably cheap insurance cover is a combination you’ll desire. Its best features include excellent handling, smart interior design, and admirable fuel economy.
It may not be the cheapest car to buy and insure, considering its annual driving cost of $7,096, but it is among the best to purchase. Before taking a bold step of investing in Mazda, consult companies like Surex to pair you up with the most affordable insurers.
3. Chevrolet Cruze
What is the cheapest car to insure for new drivers? Many would go for Chevrolet Cruze. But why? The car gives a new driver ample space to exercise their newly acquired driving skills. It comes with standard features for easy control and drives.
Chevrolet is also an excellent choice for budget buyers as it is one of the cheapest among other cars of the same brand. Its estimated annual driving price is about $7,723, not the most affordable but certainly a fair cost for the great features it offers.
4. Honda Civic
Are you looking for sleek, civilized looks in the cheapest car to insure in Canada? Your search should end with the Honda Civic. It ranks as one of the best four-door compact cars to settle for today.
Besides its relatively affordable buying and insurance cost, it gives you a genuine feeling of luxury and comfort. It has a manageable fuel economy coupled with a yearly driving cost of $7 645 to provide you with a cheaper economy combination.
5. Hyundai Elantra
Elantra perfectly fits as one of the cheapest cars to insure, not only for its affordable insurance cost, but also the accompanying features it comes with handy. It is a stylish, reliable, fuel-efficient, and compact car that gives value for your money.
Its admirable engine power allows it to achieve a smooth and silent drive. Plus, it boasts a wide variety of technology that ranks it among other more expensive cars in terms of features. It will cost you about $7,578 of driving cost per year with Hyundai Elantra.
6. Volkswagen Golf (Standard Model)
If you are a family person looking for an ideal car with cheap insurance and available at an affordable cost, Volkswagen Golf should satisfy your needs. Among its significant features include:
- Large and compact car for the family.
- Economical fuel consumption.
- Sporty look.
Its economic fuel consumption rate is one surprise feature as it is expected to consume more due to its large carriage capacity. The estimated total annual driving cost is about $7,735 per year, which is fairly affordable with such a compact car.
7. Kia Forte
Another of the cheapest cars to insure in Canada is the Kia Forte. It boasts all the peculiar features a compact and sleek car should have, including a classy look, adequate interior space, cheap cost, and efficient fuel consumption.
Its great features don’t end on the exterior as it brags outstanding interior features that make your driving experience more comfortable. Its annual driving costs average at about $7,969, which sets it apart as a great family vehicle to consider.
8. Toyota Camry
In general, Toyota Camry is considered one of the best midsize cars available on the market today. Thanks to its ability to accommodate five people and still leave plenty of extra room on the inside and a sizable trunk for storing your extras.
Being a Toyota brand, you can count on its long history of reliability and efficiency in this car. The car is also considered safe and an ideal option for family owners. It will cost you about $7,870 of driving cost per annum.
9. Volkswagen Jetta
Unlike the Volkswagen Golf, Jetta is more expensive and will cost you a little more thousands on your yearly driving cost and general purchasing cost. However, it is still relatively cheaper than most classy cars in the market today.
Volkswagen fits on our cheapest-car-to-buy-and-insure list because it is fairly affordable and has excellent features. It’s a four-door compact car with a powerful engine to deliver superior driving force. The car will cost you an estimated total of about $9,323 yearly.
10. Nissan Sentra
Despite being a compact car, Nissan Sentra comes with midsize qualities, including roomy interior space and a sizable trunk. The car’s fuel consumption rate is low, and it is safer for the family. However, it has a lesser powerful engine.
Sentra’s sleek design and classy look set it above most of the similar cars from its class. That means it will cost you a little more on insurance charges and even on the overall purchasing cost. It costs about $8,532 for driving per year.
Final Words
What is the cheapest car to insure? The amount of money you’ll spend on car insurance costs depends on the model and features of the car you intend to buy. Thankfully, this list can help you find the cheapest car to insure in Canada.