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 $1,832 per year, $916 for a 6-month policy, or $153 per month for full coverage insurance on a Chevrolet Spark. It costs $274 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 $2,016 per year for full coverage insurance, the Honda Insight is the cheapest in the midsize car segment. This is around $168 per month and is $208 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 $2,160 per year, $1,080 for a 6-month policy, or $180 per month for full coverage insurance, it costs $255 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 $1,890 per year  or $158 per month for full coverage. On average, it costs $46 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 $1,828 per year. It costs $337 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 $2,240 per year to insure a Chevrolet Tahoe, the cheapest large SUV in our comparison. When compared to all large SUVs, it costs $75 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 $1,902 per year, $951 for a 6-month policy, or $159 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 $2,138 per year. That equates to $1,069 for a 6-month policy, or $178 per month. When compared to the average for the entire large truck segment, the Ford F150 is approximately $120 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 $2,592 per year. On average, it costs $30 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 $1,860 per year, or $155 per month for full coverage insurance. It costs $1,195 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 $2,082 per year, $1,041 for a 6-month policy, or $174 per month for full coverage insurance on a Mercedes-Benz A220. It costs $366 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 $1,994 per year. When compared to the average insurance rate for the entire segment, it costs around $887 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 $2,414 per year, or $201 per month, for full coverage insurance on a 2021 Audi A5. It costs $986 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 $1,828 per year. It costs $488 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 $2,308 per year, or $192 per month, for full coverage. When compared to the overall average rate for the class, it costs around $191 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 $2,302 per year, or $192 per month. It costs $807 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.