SUV insurance costs by top-selling models
The average cost of SUV insurance varies considerably depending on the make and model. Our data shows that the average annual premium is around $2,100, with monthly payments averaging approximately $175.
The most expensive SUV to insure, the Hyundai Palisade and Toyota Highlander, cost over $2,600 annually, while the Chevrolet Suburban boasts the lowest annual premium at just $1,830.
| Vehicle |
Premium |
Monthly Payment |
| Hyundai Santa Fe |
$2,138 |
$178 |
| Dodge Journey |
$1,896 |
$158 |
| Jeep Wrangler |
$2,171 |
$181 |
| Ford Escape |
$1,852 |
$154 |
| Mazda CX-5 |
$2,172 |
$181 |
| Jeep Cherokee |
$2,020 |
$168 |
| Nissan Rogue |
$2,201 |
$183 |
| Chevrolet Equinox |
$1,968 |
$164 |
| Honda CR-V |
$2,318 |
$193 |
| Toyota RAV4 |
$2,241 |
$187 |
| Subaru Forester |
$1,962 |
$164 |
| Hyundai Tucson |
$2,172 |
$181 |
| Kia Sorento |
$2,115 |
$176 |
| Kia Sportage |
$2,022 |
$169 |
| Hyundai Kona |
$1,898 |
$158 |
| Hyundai Palisade |
$2,601 |
$217 |
| Toyota Highlander |
$2,600 |
$217 |
| Chevrolet Suburban |
$1,830 |
$153 |
| BMW X3 |
$2,319 |
$193 |
*
What SUVs have the lowest insurance rates?
According to our customer quote data, the Chevrolet Suburban, and Ford Escape are the cheapest. Finding affordable SUV insurance is possible. While many SUVs have high premiums, several models offer significantly lower costs. The following chart highlights the five cheapest SUVs to insure, with the Chevrolet Suburban leading the pack at a surprisingly low annual premium of just $1,830.
| Vehicle |
Premium |
Monthly Payment |
| Chevrolet Suburban |
$1,830 |
$153 |
| Ford Escape |
$1,852 |
$154 |
| Dodge Journey |
$1,896 |
$158 |
| Hyundai Kona |
$1,898 |
$158 |
| Subaru Forester |
$1,962 |
$164 |
**
Check out our article on the best SUVs in Canada to learn more about the top SUVs.
What is the most expensive SUV to insure?
Looking to insure a premium SUV? Be prepared for a premium price tag. The following list reveals the five most expensive SUVs to insure, with the Hyundai Palisade and Toyota Highlander topping the charts at over $2,600 annually. These figures highlight the significant cost differences between insuring various SUV models. The most expensive SUVs tend to have a higher price tag, have a sportier design and performance, and have other luxury features. They also have more advanced vehicle features, making them more expensive to repair.
| Vehicle |
Premium |
Monthly Payment |
| Hyundai Palisade |
$2,601 |
$217 |
| Toyota Highlander |
$2,600 |
$217 |
| Honda CR-V |
$2,318 |
$193 |
| BMW X3 |
$2,319 |
$193 |
| Nissan Rogue |
$2,201 |
$183 |
Tips to get cheap SUV insurance
The SUV you choose to drive is only one of many factors that will impact your insurance costs. Here are some tips to help you get a cheaper premium:
- Increase safety features: The more safety features the better. Vehicles with strong safety ratings generally are cheaper to insure.
- Install an anti-theft device: Reducing the risk of theft will reduce your costs.
- Choose an insurance-friendly SUV: Choose a make and model that is known to have lower premiums.
- Buy a used SUV: Used vehicles usually have lower premiums.
- Increase your deductible: Increasing your deductible will lower how much you pay.
- Get estimates regularly: Assess options when purchasing/ leasing a vehicle and each time your policy comes up for renewal.
Factors that affect SUV insurance
![black SUV car on road]()
Many factors have a direct impact on SUV insurance, including:
- Safety rating: Some models can have poor safety ratings. This can increase your costs.
- Repair costs: How much it costs to repair is considered by insurers when setting rates.
- Price: The higher the price tag, the more insurance will cost.
- Theft: SUVs that are more frequently stolen are at greater risk, and cost more to insure.
- Vehicle details: The make, model, age, and features all impact rates.
- Clear rating: The likelihood an SUV will be involved in a claim and the cost of the claim are considered by insurers.
