Are minivans cheaper to insure than SUVs?
In general, minivans will be cheaper to insure than both the midsize and large SUV classes. The average insurance rate for the minivan segment is $1,387 per year.
Are minivans more expensive to insure?
Car insurance rates for minivans by insurance company Based on The Zebra’s database of car insurance premiums by vehicle type, minivans are the cheapest type of car to insure. On average, a minivan costs $1,329 per year to insure, compared to approximately $1,700 for a sedan and around $1,500 for an SUV.
Why are minivans cheaper insurance?
Minivan drivers often have kids in the car. They tend to drive outside peak traffic hours and follow the rules of the road. Since safer driving generally means fewer accidents, fewer insurance claims and lower costs for insurance companies, owners of such models can enjoy lower premiums.
Is it more expensive to insure a van than a car?
It very much depends on the van and the car in question, but as a general rule of thumb – no, vans are not cheaper than cars to insure, in fact they can be more expensive.
What is the cheapest minivan to insure?
Within the minivan category, the Dodge Grand Caravan is the cheapest minivan to insure with an average annual premium of $1,786.
Are minivans cheaper than cars?
Is it cheaper to buy a sedan or minivan? On average, it’s about $6,489 more expensive to buy a minivan than to purchase a sedan.
Why is my van insurance so high?
Van insurance is usually more expensive than car insurance because vans tend to have bigger engines and a larger storage capacity, meaning there’s a greater chance they will be carrying valuable cargo. As a result claims are likely to cost more, so premiums are higher to reflect this.
What vans have the cheapest insurance?
These small vans all have variants that can be found on the lower end of the van insurance groups.
- Citroën Berlingo. The Citroën Berlingo has an engine size ranging from 1360 to 1997CC.
- Citroën Nemo.
- Renault Kangoo.
- Volkswagen Caddy.
- Peugeot Boxer.
- Renault Trafic.
- Volkswagen Transporter.
- Vauxhall Vivaro.
Are Kias expensive to insure?
How much does Kia insurance cost? The average monthly cost for auto insurance for Kia owners is $147 and about $1,769 a year.
Why a minivan is better than an SUV?
Less space. If space is top on your list of priorities, minivans hold more than 15 extra inches of space than the average 3-row midsize SUV. There’s typically less overall cargo space with the third-row in use compared to a minivan. Fuel efficiency.