Luxury SUV Insurance Rates for 2021

What is the cheapest luxury SUV to insure? We compare average car insurance rates for small, mid-size, and large luxury SUV models to see how prices rank for insurance affordability.

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Luxury SUVs saw sales drop significantly in 2020 as compared to the prior year, but even with the Covid-related sales drop, models like the Lexus RX and NX, Acura RDX, and Mercedes-Benz GLC ranked at the top of the luxury SUV sales charts.

Following a year that had car insurance companies actually giving money back to policyholders, how do luxury SUV insurance rates compare?

We break down average full coverage insurance rates for all luxury SUV manufactures and group them by size to see which is the cheapest luxury SUV to insure in each segment.

What is the cheapest small luxury SUV to insure?

The cheapest 2021 model year small luxury SUV to insure is the Acura RDX, costing $1,276 annually. For a semi-annual or 6-month policy term, expect to pay around $638. For monthly budgeters, this equates to about $106 each month.

Second and third place honors for the cheapest insurance in the small luxury SUV segment go to the Cadillac XT4, costing $1,320 per year, and the Volvo XC40 at $1,346 annually.

The table below details average annual and monthly full coverage insurance rates for the entire compact luxury SUV segment.

Small Luxury SUV Insurance Cost Comparison
Rank Make/Model Annual Cost Monthly Cost
1Acura RDX$1,276$106
2Cadillac XT4$1,320$110
3Volvo XC40$1,346$112
4Lincoln Corsair$1,488$124
5Lexus UX 250H$1,500$125
6Volvo XC60$1,516$126
7Lexus UX 200$1,534$128
8Mercedes-Benz GLB 250$1,534$128
9BMW X1$1,538$128
10Lexus NX 300$1,548$129
11Mercedes-Benz GLC300$1,556$130
12Land Rover Defender$1,598$133
13Mercedes-Benz GLA250$1,604$134
14Land Rover Evoque$1,624$135
15BMW X2$1,634$136
16Audi Q3$1,678$140
17Audi Q5$1,688$141
18BMW X3$1,728$144
19Lexus NX 300H$1,738$145
20Mercedes-Benz GLA45 AMG$1,758$147
21Alfa Romeo Stelvio$1,776$148
22BMW X4$1,800$150
23Jaguar F-Pace$1,822$152
24Jaguar I-Pace$1,880$157
25Porsche Macan$1,918$160

    Get Rates in Your AreaWhy is this important?

    Table Data Details: Average rates are based on 2021 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.
    Small Luxury SUV Insurance Cost Comparison

    Ranked last out of the 25 vehicles in the small luxury SUV class is the Porsche Macan, costing an estimated $1,918 per year for auto insurance. That is $642 more each year compared to the cheapest small luxury SUV to insure, the Acura RDX.

    Which midsize SUV has the cheapest car insurance rates?

    The cheapest 2021 model year midsize luxury SUV to insure is the Volvo V60, costing $1,432 per year. This breaks down to $716 for a 6-month policy or $119 per month. With the average midsize luxury SUV costing $1,743 per year for insurance, the Volvo V60 can potentially save around $311 a year.

    The other models ranked in the top five midsize luxury SUVs with the cheapest insurance cost include the Cadillac XT5 at $1,466 per year, the Lincoln Nautilus at $1,506, the Lexus RX 350 at $1,532, and the Infiniti QX50 at $1,540.

    The table below ranks all 30 vehicles in the midsize luxury SUV class by annual and monthly full coverage insurance cost.

    Midsize Luxury SUV Insurance Cost Comparison
    Rank Make/Model Annual Cost Monthly Cost
    1Volvo V60$1,432$119
    2Cadillac XT5$1,466$122
    3Lincoln Nautilus$1,506$126
    4Lexus RX 350$1,532$128
    5Infiniti QX50$1,540$128
    6Jaguar E-Pace$1,550$129
    7Lexus RX 350L$1,578$132
    8Cadillac XT6$1,592$133
    9Acura MDX$1,614$135
    10Genesis GV80$1,640$137
    11Mercedes-Benz GLE450$1,648$137
    12Lincoln Aviator$1,654$138
    13Volvo V90$1,670$139
    14Infiniti QX60$1,698$142
    15Land Rover Discovery Sport$1,706$142
    16Lexus GX 460$1,730$144
    17Mercedes-Benz AMG GLC43$1,774$148
    18Audi SQ5$1,794$150
    19Mercedes-Benz GLE350$1,798$150
    20Land Rover Discovery$1,804$150
    21Lexus RX 450$1,818$152
    22Audi Q8$1,826$152
    23BMW X5$1,828$152
    24Mercedes-Benz AMG GLC63$1,878$157
    25Audi Q7$1,888$157
    26Audi e-tron$1,936$161
    27BMW X6$2,000$167
    28Tesla Model X$2,062$172
    29Porsche Cayenne$2,114$176
    30Mercedes-Benz AMG GLE63$2,224$185

      Get Rates in Your AreaWhy is this important?

      Table Data Details: Average rates are based on 2021 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.
      Midsize Luxury SUV Insurance Cost Comparison

      Coming in last out of the 30 vehicles in the midsize luxury SUV segment is the Mercedes-Benz AMG GLE63, costing an average of $2,224 annually to insure.

      The difference between the cheapest insurance on the Volvo V60 and the most expensive for the Mercedes-Benz AMG GLE63 is $792 per year, or around $66 per month.

      Which large luxury SUV is cheapest to insure?

      The 2021 large luxury SUV with the cheapest insurance rates overall is the Volvo XC90, costing an average of $1,606 per year. Drivers can expect to pay around $803 for a 6-month policy term or around $134 each month.

      In second place, the BMW X7 costs $1,864 per year, and third place goes to the Lincoln Navigator at $1,876 annually.

      The table below ranks all 2021 model year full-size SUVs for insurance affordability, showing both an annual and monthly rate.

      Large Luxury SUV Insurance Cost Comparison
      Rank Make/Model Annual Cost Monthly Cost
      1Volvo XC90$1,606$134
      2BMW X7$1,864$155
      3Lincoln Navigator$1,876$156
      4Toyota Land Cruiser$1,924$160
      5Cadillac Escalade$1,948$162
      6Mercedes-Benz GLS450$2,014$168
      7Lexus LX 570$2,226$186
      8Land Rover Range Rover$2,438$203
      9Mercedes-Benz AMG GLS63$2,438$203
      10Mercedes-Benz G550$2,516$210
      11Mercedes-Benz G63 AMG$2,930$244

        Get Rates in Your AreaWhy is this important?

        Table Data Details: Average rates are based on 2021 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.
        Large Luxury SUV Insurance Cost Comparison

        The most expensive large luxury SUV to insure is the Mercedes-Benz G63 AMG, costing $2,930 per year. It will cost around $1,324 more to insure a Mercedes-Benz G63 AMG each year compared to the cheapest large luxury SUV to insure, the Volvo XC90.

        How much does luxury SUV insurance cost?

        For small luxury SUVs, the average insurance rate is $1,616 per year. Midsize luxury SUVs have an average insurance cost of $1,743 per year. And finally, large luxury SUVs have an average insurance cost of $2,162 per year.

        What are the cheapest luxury SUVs to insure?

        For the small luxury SUV segment, the cheapest model to insure is the Acura RDX, costing $1,276 per year. For midsize luxury SUVs, the cheapest insurance rates are on the Volvo V60, costing $1,432 per year. An finally, the cheapest large luxury SUV to insure is the Volvo XC90, costing $1,606 per year.

        How much is luxury SUV insurance per month?

        The average monthly car insurance cost for small luxury SUVs is $135. Midsize luxury SUVs have an average monthly insurance rate of $145. Large luxury SUVs have an average monthly insurance cost of $180.

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