Midsize Car Insurance Rate Comparisons

Midsize cars like the Toyota Camry and Honda Accord have affordable sticker prices, but how does insurance cost compare? We rank them all and the winner is...

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Midsize cars fill the gap between the smallest, fuel sipping compact cars and the larger SUVs and minivans. Not big enough for a large family, they make good commuter vehicles despite the fact that sales have suffered significantly in the last few years.

Even the most popular models like the Camry, Accord, and Altima have suffered double digit sales decreases over the last year. In fact, the Ford Fusion, Chevy Impala, and Buick Regal were all discontinued back in 2021.

Despite consumer demand migrating toward small SUVs and crossover models, the midsize sedan still serves a purpose. And as long as they’re sold, they’ll need to be insured. So let’s take a look at the remaining 11 midsize models and see how they rank in an insurance cost comparison.

How much does insurance cost for a midsize car?

The average annual car insurance rate for midsize cars of $1,848 is 6.7% higher than the all-vehicle national average of $1,728 per year. Insurance cost for the 2023 model year ranges from the Subaru Legacy at $1,668 per year for full coverage to the Kia Stinger at $2,054 per year.

The table below breaks down the 11 models in the 2023 midsize car segment by annual and monthly insurance cost.

Midsize Car Insurance Cost Comparison
Rank Make/Model Annual Cost Monthly Cost
1Subaru Legacy$1,668$139
2Toyota Camry$1,720$143
3Kia K5$1,748$146
4Chevrolet Malibu$1,764$147
5Honda Accord$1,832$153
6Toyota Crown$1,838$153
7Tesla Model 3$1,850$154
8Volkswagen Arteon$1,900$158
9Nissan Altima$1,934$161
10Hyundai Sonata$2,020$168
11Kia Stinger$2,054$171

    Get Rates in Your AreaWhy is this important?

    Table Data Details: Average rates are based on 2023 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.Data last updated on August 11, 2023
    Midsize Car Insurance Cost Comparison

    If you’re trying to budget the monthly insurance cost for one of these models, the price ranges from $139 to $171 per month.

    These rates assume an insurance policy that has both comprehensive and collision coverages, and is averaged for a 40-year-old married male driver. Rates will most likely be higher for younger drivers (especially teenagers), drivers with speeding tickets or other violations, or drivers with poor credit ratings. Not all states use credit as a rating factor, however.

    More expensive luxury models from manufacturers like Audi, BMW, Lexus, and Mercedes-Benz are not included in this comparison, as they are included in our midsize luxury car insurance cost comparison.

    Which midsize car has the cheapest insurance?

    The cheapest 2023 model year midsize car to insure is the Subaru Legacy, costing $1,668 per year, $139 per month, or $834 for a 6-month policy. With the average midsize car costing $1,848 per year for insurance, the Subaru Legacy will save around $180 each year.

    Which midsize car is most expensive to insure?

    The most expensive midsize car to insure is the Kia Stinger, costing $2,054 per year, $1,027 for a 6-month policy, or around $171 per month. The Kia Stinger will cost around $386 extra each year compared to the cheapest midsize car to insure, the Subaru Legacy.

    How much is insurance on average for a midsize car?

    Full coverage insurance for the average 2023 model year midsize car costs an average of $1,848 per year. With the national average for all vehicles being around $1,728, insuring a midsize car on average will cost $120 more per year than all other vehicles combined.

    By a large margin, the Toyota Camry is the most popular midsize car in America. With sales up over 11% year-to-date compared to a year ago, The Camry outsells the Accord by over 100,000 units per year.

    As mentioned, the Honda Accord is the second most popular midsize car by sales volume, followed by the Hyundai Sonata. The next best sellers are the Kia K5, Subaru Legacy, and Mazda 6.

    Is Toyota Camry or Honda Accord insurance cheaper?

    With Honda Accord insurance costing around $1,832 a year, and Toyota Camry insurance costing around $1,720, the Camry will be approximately $112 cheaper per year.

    This result depends on the trim level of each vehicle being compared, however, so comparing insurance cost on the base level Camry LE to the Accord Hybrid Touring model will definitely change the outcome.