Due to dwindling demand in favor of mid-size and large SUVs, large sedans finally died following the 2023 model year. With the discontinuation of the Chrysler 300, Nissan Maxima, and Dodge Charger for 2024, the large car segment is officially gone.
The Kia Cadenza was discontinued for the 2022 model year, the Chevy Impala was discontinued in 2021, and the Buick LaCrosse and Ford Taurus both ended production with the 2019 model years.
But even though you can’t buy a shiny 2024 large car (other than luxury brands), you’ll still need to insure older models. So which one has the cheapest insurance rates?
How much is insurance on average for full-size sedans?
Large cars like the Nissan Maxima and Chrysler 300 have an average insurance cost of $2,145 per year. Rates range from the cheapest Chrysler 300 at $1,800 per year to the most expensive Dodge Charger at $2,566 per year.
The table below shows the rest of the segment and how the few remaining models stack up.
| Rank | Make/Model | Annual Premium | Cost Per Month |
|---|---|---|---|
| 1 | Chrysler 300 | $1,800 | $150 |
| 2 | Nissan Maxima | $2,070 | $173 |
| 3 | Dodge Charger | $2,566 | $214 |
Data Methodology: Rates and models are for the 2023 model year. Driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle. Updated February 23, 2024
As mentioned before, luxury models are not mixed in with the more affordable nameplates. Those rates can be found in our large luxury car insurance comparison.
For the Chevy Impala comparisons to the 2020 large car segment, see our Chevy Impala insurance cost comparison. For Toyota Avalon comparisons for 2022 and prior, see our Toyota Avalon insurance comparison page.
Which large sedan has the cheapest insurance?
The cheapest 2023 model year large car to insure is the Chrysler 300, costing $1,800 per year, $150 per month, or $900 for a 6-month policy. With the average large car costing $2,145 per year for insurance, the Chrysler 300 will save around $345 each year.
Which full-size sedan is most expensive to insure?
The most expensive large car to insure is the Dodge Charger, costing $2,566 per year, or around $214 per month. The Dodge Charger will cost around $766 extra each year compared to the cheapest large car to insure, the Chrysler 300.
How much is insurance on average for a large car?
Full coverage insurance for the average 2023 model year large car costs an average of $2,145 per year. With the national average for all vehicles being around $1,883, insuring a large car on average will cost around 13% more each year.
What is the most popular large car in America?
The terms “popular” and “large car” really don’t go together, since the top-selling Dodge Charger only sold just over 24,000 units in the third quarter of 2022. That’s more than all the other models in the large car segment combined.
The Charger is an interesting model, as it mixes the size of a large sedan with more power and performance than is normally found in competing models. It’s not quite a sports car, so it gets thrown into the large car segment.
The additional performance of the Charger does push insurance cost higher. At $2,566 a year, that is a 17.9% premium over the average for the large car class, and 35.1% more than the cheapest insurance rate on the Chrysler 300.
If it wasn’t for the Charger padding the sales data, the large car segment in it’s entirely wouldn’t have sold 15,000 units in the third quarter of 2022. In comparison, that’s about half the normal MONTHLY sales volume for the Toyota Camry or Honda Accord.