Keep reading to learn the least expensive SUV to insure, vehicle factors that impact SUV insurance as well as how to find a great SUV insurance policy at a price you can afford.

What is SUV insurance?

Car insurance for an SUV is the same as car insurance for a sedan or any other car. It offers the same coverages and protections.

A typical auto (or SUV) insurance policy offers the following standard coverages:

• Liability: Bodily injury liability and property damage liability will pay for medical and legal bills if you injure another person or their property with your vehicle. Liability coverage is required to be legal out on the road in just about every state in the country.
• Collision: This coverage will pay to repair or replace your vehicle if it is damaged or destroyed after a collision with another vehicle. If you are not carrying collision and your car is damaged in an accident, the cost to repair or replace it will fall to you. This is not a required coverage but if your vehicle is financed or leased your finance company will require that you carry this coverage. Collision has a deductible that can range from $250 to $2,000 or more.
• Comprehensive: This coverage will repair or replace your vehicle if the damage is caused by something other than a collision. It covers damage from weather, fire, flooding, vandalism, theft and even animal strikes. Comprehensive is not required to be legal out on the road and it comes with a deductible.
• Uninsured motorist/underinsured motorist: If your vehicle is hit by an uninsured motorist or underinsured driver, this coverage will pay to repair your car. This is not a legally required coverage.

Is car insurance cheaper for an SUV or sedan?

Perhaps surprisingly in many cases, an SUV is less expensive to insure than a sedan, but it often depends on what size SUV you are looking at as well as the sedan you compare it to. In some cases, the sedan will be cheaper to insure.

When we ran the numbers, we found that the average annual SUV premium came in at $1,729 while the average annual premium for a sedan was $ 2,112 or $383 more than an SUV.  In fact, compact SUVs made up much of our 10 cheapest cars to insure list with 9 out of the top 10 vehicles being SUVs.

The Honda CR-V LX was cheapest SUV to insure (a minivan grabbed the top spot) with an annual premium of $1,285 which is well below the national average for all vehicle types of $1,839. The cheapest sedan to insure was the Honda Fit which costs $1,355 to insure or $70 more expensive than the cheapest SUV.

However, it really depends on the size and luxury factor of the SUV. If you are looking at expensive SUVS, say a large, luxurious SUV, expect your insurance costs to skyrocket. As an example, the 2021 BMW X6 M Competition Xdrive runs over $3,400 a year to insure.

You don’t have to be driving a European SUV to see your premiums go up, insuring a Ford Expedition, Toyota Sequoia or Infiniti QX80 will almost always cost more than insuring a sedan.