Cheapest Cars, Trucks, and SUVs to Insure for the 2021 Model Year

As big of a wreck as 2020 was, 2021 was a slightly better year for the automotive industry. Completely new models include the Ford Bronco, Kia Seltos, Chevy Trailblazer, Genesis GV80, and the Toyota Venza. Exciting redesigns include the Nissan Rogue, Toyota Sienna, Hyundai Elantra, Kia Sorento, and the fleet of large GM SUVs like the Tahoe, Suburban and Yukon.

As with any new or used vehicle, insurance cost should be a consideration when determining how the vehicle fits into the monthly budget. We took all the 2021 models and ranked them by insurance cost and grouped them by vehicle class so you can see which 2021 vehicles have the cheapest insurance rates.

Cheapest Small Car – 2021 Chevrolet Spark

Drivers can expect to pay on average around $1,788 per year, $894 for a 6-month policy, or $149 per month for full coverage insurance on a Chevrolet Spark. It costs $268 less per year on average as compared to other small cars. The Chevrolet Spark ranks first out of a total of 23 vehicles in our small car insurance comparison.

Cheapest Midsize Car – 2021 Honda Insight

Coming in at around $1,970 per year for full coverage insurance, the Honda Insight is the cheapest in the midsize car segment. This is around $164 per month and is $201 less per year when compared to the average insurance rate for the segment as a whole. Out of a total of 13 vehicles in our midsize car insurance comparison, the Honda Insight takes the top spot.

Cheapest Large Car – 2021 Kia Cadenza

The Kia Cadenza takes first place in what’s left of the dwindling large car segment. Costing around $2,108 per year, $1,054 for a 6-month policy, or $176 per month for full coverage insurance, it costs $250 less per year on average when compared to the segment average. Read the full large car insurance cost comparison.

Cheapest Small SUV – 2021 Mazda CX-3

Drivers can expect insurance rates on a Mazda CX-3 to cost around $1,846 per year  or $154 per month for full coverage. On average, it costs $44 less per year when compared to the entire small SUV class. The Mazda CX-3 ranks first out of a total of 41 vehicles in our small SUV insurance comparison.

Cheapest Midsize SUV – 2021 Ford Edge

Ranking #1 in the midsize SUV class is the Ford Edge at around $1,782 per year. It costs $333 less per year on average to insure a Ford Edge compared to the overall average rate for the midsize SUV segment. Rankings for all 29 vehicles can be found in our midsize SUV insurance comparison.

Cheapest Large SUV – 2021 Chevrolet Tahoe

Plan on paying around $2,186 per year to insure a Chevrolet Tahoe, the cheapest large SUV in our comparison. When compared to all large SUVs, it costs $74 less per year on average for full coverage. Check out our complete large SUV insurance comparison report.

Cheapest Midsize Truck – 2021 Chevrolet Colorado

Taking top honors in the midsize truck category is the Chevrolet Colorado. Drivers can expect to pay on average around $1,854 per year, $927 for a 6-month policy, or $155 per month for full coverage. It costs $54 less per year on average as compared to other midsize trucks. For more info, see our complete midsize truck insurance cost article.

Cheapest Large Truck – 2021 Ford F150

Coming in first overall in the large truck class is the 2021 Ford F150 at an estimated $2,084 per year. That equates to $1,042 for a 6-month policy, or $174 per month. When compared to the average for the entire large truck segment, the Ford F150 is approximately $119 less per year. For the complete report, see the large truck insurance cost comparison.

Cheapest Heavy Duty Truck – 2021 Chevrolet Silverado HD 3500

In the heavy duty truck comparison, the Chevrolet Silverado HD 3500 has the best overall insurance rate at around $2,530 per year. On average, it costs $29 more per year when compared to all trucks in the heavy duty class.

Cheapest Sports Car – 2021 Mazda MX-5 Miata

The cheapest 2021 sports car to insure is the Mazda MX-5 Miata at around $1,816 per year, or $151 per month for full coverage insurance. It costs $1,166 less per year when compared to the average insurance cost for the entire segment. All 24 vehicles in the class are compared in our sports car insurance cost comparison.

Cheapest Small Luxury Car – 2021 Mercedes-Benz A220

Drivers can expect to pay on average around $2,032 per year, $1,016 for a 6-month policy, or $169 per month for full coverage insurance on a Mercedes-Benz A220. It costs $358 less per year on average as compared to other small luxury cars. The Mercedes-Benz A220 ranks first out of a total of 17 vehicles in our small luxury car insurance cost comparison.

Cheapest Midsize Luxury Car – 2021 Acura ILX

The cheapest 2021 midsize luxury car to insure is the Acura ILX with at an estimated average cost of $1,946 per year. When compared to the average insurance rate for the entire segment, it costs around $867 less per year. The Acura ILX ranks first out of a total of 34 vehicles in our midsize luxury car insurance cost comparison.

Cheapest Large Luxury Car – 2021 Audi A5

Drivers can expect to pay on average around $2,358 per year, or $197 per month, for full coverage insurance on a 2021 Audi A5. It costs $962 less per year on average as compared to other large luxury cars. The full rankings of large luxury cars can be found in our large luxury car insurance cost comparison.

Cheapest Small Luxury SUV – 2021 Acura RDX

For small luxury SUVs, the 2021 Acura RDX comes in with the best insurance cost at $1,784 per year. It costs $478 less per year on average as compared to other small luxury SUVs. The Acura RDX ranks first out of a total of 25 vehicles in our small luxury SUV insurance cost comparison.

Cheapest Midsize Luxury SUV – 2021 Volvo V60

Ranked #1 in the midsize luxury SUV segment, insurance rates for the Volvo V60 cost around $2,254 per year, or $188 per month, for full coverage. When compared to the overall average rate for the class, it costs around $186 less per year. The Volvo V60 ranks first out of a total of 30 vehicles in our midsize luxury SUV insurance cost comparison.

Cheapest Large Luxury SUV – 2021 Volvo XC90

In the large luxury SUV class, the award for the cheapest insurance rate goes to the Volvo XC90. A full coverage policy will cost around $2,246 per year, or $187 per month. It costs $789 less per year on average as compared to other large luxury SUVs. The Volvo XC90 ranks first out of a total of 11 vehicles in our large luxury SUV insurance cost comparison.