What are the least expensive cars to insure? It’s a question we often get. That’s why every year we do our own review of the most recent information available through the Insurance Bureau of Canada’s “How Cars Measure Up” publication.
Insurance companies rate cars based on the claims history of that vehicle. They look at things like accident frequency, repair costs, theft, vandalism and safety ratings (to name a few) for each make and model. The less money insurance companies have to pay in claims for a particular car, the less expensive that car is likely to insure.
Based on collision and comprehenive coverage claims and theft costs and frequency indexes, the following 2008 model year vehicles are likely to cost less to insure:
- Smart Fortwo 2DR Coupe
- Subaru Forester Wagon AWD
- Chevrolet Impala 4DR
- Ford Edge 4DR 2WD
- Buick Allure 4DR
- Buick Lucerne 4DR
- Chevrolet/Pontiac Equinox/Torrent 4DR 2WD
- Pontiac Grand Prix 4DR
- Jeep Compass 4DR 4WD
- Mazda Tribute 4DR 2WD
Don’t see your car on this list? Find out how your own car measures up at the Insurance Bureau of Canada.
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