SUVs are the new minivan. Because they are favoured by families with kids, driving an SUV is usually associated with being cautious and aware of your surroundings. Fewer SUVs are involved in accidents than ever before, and this midsized vehicle option is eating up the portion of the market that used to belong to the minivan clan. As a result, insuring an SUV is more affordable than ever, but with so many choices on the market, you may be basing your purchasing decisions on which vehicle is the cheapest SUV to insure.
Hyundai Santa Fe
This midsize crossover ranks high for value, safety, and options. The bargain SUV is great for toting around a family, and it’s also easy on your insurance budget. The Hyundai Santa Fe seats five people, like a sedan, but is higher off the ground and has ample trunk space. In the event of an accident, this car performs well, making its collision expenses low. It’s also not high on the list of most stolen cars, making it a good deal for insurers.
The Kia Sportage is known for having plenty of options and an affordable price. It performs well and outranks many of its competitors regarding fuel economy. It also has an impressive ten year or 100,000-kilometer power train warranty, making it a great value. Built-in safety features like antilock disc brakes, traction control, stability control, front-seat side airbags and a full-length side curtain airbag give the Kia Sportage a 5-star safety rating. All of those safety additions don’t go unnoticed, and the Kia Sportage also ranks high for insurers, earning owners a lower premium and making it one of the cheapest SUVs to insure in Ontario.
The Saturn Vue is another 5-passenger midsize SUV that is notoriously low on the insurance spectrum. The second-generation hauler has made many improvements that keep it high on the buyers’ list as well as the insurers’ list. The exterior boasts a unique style while the interior is comfortable and full of options. In addition to its good looks, the Saturn Vue gets top marks in safety for the midsize SUV category. For value, style, and insurance costs, the Vue is a great bet all around.
If you’re not into the midsize SUV craze and need something a little larger, look into the Honda Pilot, the Hyundai Veracruz, the Jeep Patriot, the Jeep Wrangler, the Land Rover LR3, the Mazda Tribute or the Subaru Forester. Each comes with their own set of unique features (like the Pilot’s huge seating capacity of eight), and all perform well in crash tests. Large SUVs will cost you more to purchase, but they are still quite affordable in insurance costs.