If you are shopping on a budget, finding the cheapest used car to insure can save you hundreds of dollars each year. Many drivers focus only on the purchase price, but insurance costs can add up. By choosing a car that is cheap to insure, you can free up money for other expenses. This guide identifies the most affordable used models to cover, helping you keep more money in your pocket.
What Makes a Used Car Cheap to Insure?
Insurance companies look at several factors when setting rates for a used car. A model with a high safety rating from IIHS or NHTSA tends to be cheaper to cover because it lowers the risk of injury claims. Low theft rates also help keep premiums down — thieves are less interested in practical sedans than in flashy SUVs or sports cars. Finally, a car with inexpensive replacement parts and simple repairs will cost less to fix after an accident, which translates to lower collision coverage costs. Your driving record matters, but the car you drive plays a big role. Insurers group cars into risk categories based on historical data. A used minivan might be cheaper to insure than a used sport coupe, even if the minivan costs more to buy. Look for cars that have a reputation for safety and low claims. For example, a used Honda Civic is often cheaper to insure than a used Ford Mustang, even if the purchase prices are similar. The Civic has lower theft rates, better safety scores, and cheaper parts. So when you are looking for the cheapest used car to insure, you want a vehicle with a track record of low claims.
The Cheapest Used Car to Insure: Our Top 5 Picks
Here are five used cars that typically have the lowest insurance premiums in the U.S. market.
1. Honda Civic (2010-2015)
The Honda Civic is a perennial favorite for low insurance costs. Models from this generation have excellent safety ratings from both NHTSA and IIHS, with standard side airbags and electronic stability control. The Civic also has one of the lowest theft rates among compact cars. Expect annual premiums around $1,200 to $1,500 for full coverage, depending on your location and driving history. If you are looking for the cheapest used car to insure, the Civic is a safe bet.
2. Toyota Corolla (2012-2016)
The Corolla is another sedan that keeps insurance costs low. Its consistent safety scores and low theft rates make it one of the cheapest used cars to insure. Many Corollas are former fleet vehicles, which means parts are plentiful and cheap. You can find a 2014 Corolla for under $10,000, and full coverage insurance may run you $1,100 to $1,400 per year.
3. Subaru Outback (2011-2015)
If you need more space and all-wheel drive, the Subaru Outback is a surprisingly affordable option. The Outback has strong crash test results and a reputation for durability. Because it is often driven by safety-conscious families, its insurance rates are reasonable. Insurance for a 2013 Outback often falls between $1,300 and $1,600 annually. Standard all-wheel drive can also reduce your premium by improving traction and avoiding accidents.
4. Honda CR-V (2012-2016)
The compact SUV CR-V combines practicality with low insurance costs. It has strong crash test results and lower than average theft rates. The CR-V also has good visibility, which helps avoid small accidents. Insuring a 2014 CR-V typically costs $1,200 to $1,500 per year. If you want a small SUV that is cheap to insure, the CR-V is a solid choice.
5. Ford Escape (2013-2016)
The Ford Escape is a common used SUV that insurers treat well. Its maintenance costs are moderate, and safety features like electronic stability control are standard. The Escape has acceptable theft rates and repair costs. Premiums range from $1,300 to $1,600 annually. For a budget-friendly SUV, the Escape is hard to beat.
How to Find Your Own Cheap-to-Insure Used Car
You don't have to rely solely on our list. Do your own research: Start by listing three cars you like. Then call a local insurance agent or use an online comparison tool to get quotes. Compare the rates side by side. Also, check the NHTSA and IIHS websites for safety ratings. Finally, look up the car's theft frequency on the NICB website. This small research investment can save you hundreds per year. Before making a purchase, get insurance quotes for three or four models you are considering. Most insurers let you request a quote online without obligation. Also, check theft data from the National Insurance Crime Bureau — models that rarely appear on the most stolen list usually cost less to cover. Another tip: Older cars are not always cheaper to insure. A 20-year-old car may lack safety features and be hard to repair, increasing premiums. Usually, the sweet spot is a car that is 5 to 10 years old with good safety ratings and available parts.
Other Ways to Lower Your Premium on a Used Car
Even after choosing a cheap model, you can reduce your rate further. Raise your deductible from $500 to $1,000 to drop your premium by 10-15%. Ask about discounts for bundling home and auto insurance, good driving records, or completing a defensive driving course. Paying annually instead of monthly also saves a few percent. Maintain a clean driving record — even one accident can raise your rates for years. Consider telematics programs that track your driving habits. If you drive less than average, you might qualify for a low-mileage discount. One mistake many drivers make: skipping comprehensive coverage on an older car. If your used car is worth less than $5,000, consider dropping collision and comprehensive to save money. But weigh the risk — if you cannot afford to replace the car out of pocket, keep full coverage. If you own your car outright, you can choose to drop physical damage coverage altogether.
Conclusion
Finding the cheapest used car to insure does not have to be a guessing game. Focus on used sedans and SUVs with strong safety records, low theft rates, and affordable parts. The Honda Civic, Toyota Corolla, Subaru Outback, Honda CR-V, and Ford Escape are all excellent choices. Get quotes before you buy, compare deductibles, and take advantage of discounts. Your wallet will thank you.
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