Which car will have cheapest insurance?
|Rank||Average annual insurance premium||MSRP|
|1. Subaru Outback||$1,336||$26,945|
|2. Subaru Forester||$1,347||$25,195|
|3. Honda CR-V||$1,359||$26,400|
|4. Jeep Wrangler||$1,406||$29,725|
Is it cheaper to insure a newer or older car?
In general, auto insurance for older cars may be cheaper than insuring newer vehicles of the same make and model if the used car is cheaper to repair or replace.
How does the age of a car affect insurance?
Does a car’s age affect car insurance? Yes, a car’s value declines as it ages, meaning your insurance company won’t need to pay as much after an accident. Because of this, insurance rates can decline, which helps many drivers with older vehicles save money.