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The Price of Protection: 2023’s 10 Cheapest and Most Expensive Vehicles to Insure

By September 20, 2023No Comments

The Price of Protection: 2023’s 10 Cheapest and Most Expensive Vehicles to Insure

When shopping for a new vehicle, it’s essential to consider not only the purchase price but also the cost of ownership, including insurance premiums. Insurance rates are influenced by various factors, such as the car’s make, model, safety features, and historical data on claims. In this blog post, we’ll explore the ten cheapest and the ten most expensive vehicles to insure in 2023, helping you make an informed decision on your next car purchase.

The 10 Cheapest Vehicles to Insure in 2023:

  1. Honda CR-V: Known for its reliability and safety features, the Honda CR-V secures its place as one of the least expensive vehicles to insure in 2023.
  2. Subaru Outback: With its excellent safety ratings and advanced driver-assistance systems, the Subaru Outback offers affordable insurance premiums.
  3. Jeep Wrangler: Despite its rugged image, the Jeep Wrangler’s safety features and moderate claim history contribute to its low insurance costs.
  4. Mazda CX-5: Combining sportiness with safety, the Mazda CX-5 ranks among the most economical vehicles to insure this year.
  5. Honda Odyssey: Family-friendly and equipped with advanced safety technologies, the Honda Odyssey minivan maintains low insurance premiums.
  6. Ford Escape: Offering a good balance of safety and affordability, the Ford Escape remains a budget-friendly choice for insurance.
  7. Toyota RAV4: The Toyota RAV4’s solid safety reputation and accident avoidance features contribute to its budget-conscious insurance rates.
  8. Subaru Forester: Known for its all-wheel drive capability and safety record, the Forester maintains its position as a cost-effective option to insure.
  9. Kia Sorento: Kia’s midsize SUV, the Sorento, offers a good balance of value and safety, resulting in relatively low insurance costs.
  10. Hyundai Tucson: With its strong safety ratings and comprehensive safety suite, the Hyundai Tucson secures its place among the cheapest vehicles to insure in 2023.

The 10 Most Expensive Vehicles to Insure in 2023:

  1. Tesla Model S: Known for its electric performance and high repair costs, it tops the list of the most expensive vehicles to insure.
  2. BMW i8: As a luxury hybrid sports car, the BMW i8 comes with high insurance rates due to its expensive parts and limited availability.
  3. Mercedes-Benz S-Class: The luxurious and technologically advanced Mercedes-Benz S-Class demands higher insurance premiums.
  4. Porsche 911: As a high-performance sports car, the Porsche 911 incurs high insurance costs due to its powerful engine and repair expenses.
  5. Audi R8: Combining prestige and speed, the Audi R8’s high insurance costs are attributed to its limited availability and performance features.
  6. Lexus LC: The striking design and advanced features of the Lexus LC contribute to its expensive insurance rates.
  7. Maserati Quattroporte: As a luxury sedan with exclusive features, the Maserati Quattroporte commands higher insurance premiums.
  8. Bentley Continental GT: Known for its luxury and craftsmanship, the Bentley Continental GT is associated with higher insurance costs.
  9. Jaguar F-Type: With its powerful engines and luxurious appeal, the Jag F-Type ranks among the most expensive vehicles to insure.
  10. Alfa Romeo Giulia Quadrifoglio: The Alfa Romeo Giulia Quadrifoglio’s sporty performance and premium components contribute to its high insurance rates.


Considering insurance costs is essential for overall financial planning when choosing your next vehicle. The ten cheapest vehicles to insure in 2023 offer a blend of affordability and safety, providing peace of mind on the road. On the other hand, the ten most expensive vehicles to insure all emphasize luxury, performance, and prestige. By evaluating your priorities and budget, you can select a car that aligns with your needs and mitigates the impact of insurance expenses. Remember to consult with insurance providers to get accurate quotes and find the best coverage that fits your chosen vehicle.