Buying a cheap compact car car is no guarantee that you will also get affordable automobile insurance.
Insure.com have released a report that shows just how much full coverage costs for over 1500 different cars. Of that number, only one of the lowest priced cars of 2017 made it onto the list of the cheapest cars to insure.
The rest of the list is made up of minivans and crossovers.
That said, if you do decide to go with one of the following 6 affordable small cars on sale in the USA today, you can expect to save about 14-24% on the average cost of insurance, which comes in at $1,555 for 2015 models.
Listed below are 6 sub-compact models (two Kias included) that have a comparitively low cost of insurance:
1. Kia Soul insurance cost
- MSRP: $17,490
- 5-year estimated insurance cost: $6,100
The funky Kia Soul is not only affordable, it also comes with a load of great safety and features and options that make it easy to turn into a truly unique ride.
The base model of the Soul crossover vehicle delivers 130 horsepower, whilst also achieving a fuel efficiency rating of 24/30 mpg city/highway.
The cost of insurance for the Kia Soul comes in at $1,220 annually (2015 estimate!).
The cost of insurance taken over a 5-year period comes in at $6,100, which is a good deal less than the $7,775 average for 2015 models!.
2. Toyota Yaris Insurance Cost
- MSRP: $14,845
- 5-year estimated insurance cost: $6,820
An entry level Toyota Yaris will cost about $1,364 per year to insure.
The engine, at just 106-horsepower, is small, but it delivers a fuel economy of 30/37 mpg city/highway to make up for that lack of power.
Unlike the Kia Soul, the Yaris is not a vehicle that can be considered a standout in the segment, but it certainly does a good job of getting you around town without breaking the bank.
3. Hyundai Accent Insurance
- MSRP: $14,745
- 5-year estimated insurance cost: $6,760
The Accent, which costs $1,352 per year to insure, may be small in size, but it’s big in features.
Even the base model comes with features usually found on higher trim levels, not to mention the 10-year/100,000 mile powertrain warranty that is simply the best in the business (along with Kia’s warranty!).
The engine is a 1.6L GDI 4-cylinfer that delivers 137-hp and 27/38 mpg city/highway.
4. Ford Fiesta Insurance Cost
- MSRP: $14,455
- 5-year estimated insurance cost: $6,375
Voice-activated controls and a great sound system are just a few of the premium features found in the Ford Fiesta, which costs $1,275 per year to insure.
The base model comes with an engine that delivers 120-horsepower, and a fuel economy rating of 28/36 mpg city/highway.
5. Chevrolet Sonic Insurance
- MSRP: $14,245
- 5-year estimated insurance cost: $6,370
Chevrolet offer 4G LTE WiFi in all versions of the Sonic, which costs $1,274 per year to insure.
The Sonic looks nice enough, but you would expect to get more than the 26/35 mpg city/highway that the 138-horsepower engine delivers.
6. Kia Rio Insurance
- MSRP: $13,990
- 5-year estimated insurance cost: $6,615 (Rio 5-door hatchback)
Another Kia among the cheapest cars to insure in 2017 is the stylish Rio.
While the sedan and hatchback versions of the Kia Rio come at the same price, the cost to insure them is not the same (though, there’s no big difference between the two!).
At $1,323 per year, the cost of insuring the Rio 5-door hatchback is $24 less than the cost of Rio 4-door sedan insurance.
So, these are the top-rated small cars that ladies can get their hands on without being worried about the cost of car insurance.