Cheapest Insurance Rates for Small SUVs – 2015 to 2024 Model Years

Small SUVs and crossovers are the fastest growing vehicle class in America, with over 40% of new car sales being one of these models. Insurance cost on these little utility vehicles can differ by as much as $650 a year, so it can pay off to know which models are on the cheaper end of the insurance cost spectrum.

We took all models from 2015 to 2024 (luxury models excluded) and pulled out the top 10 cheapest small SUVs to insure for each model year. From 2015 to 2023, the number of models in the class grew from 29 to 47, demonstrating the popularity of the segment.

2024 Model Year Winner – Subaru Crosstrek

For the 2024, the cheapest compact SUV to insure is the Subaru Crosstrek, at $1,730 per year or around $144 per month for full coverage. It ranks number one out of 47 small SUVs for the 2024 model year, which have an average segment cost of $2,154.

Ranking in second and third place for 2024 are the Chevrolet Trailblazer, costing $1,760 per year, and the Kia Soul at $1,826.

2023 Model Year Winner – Chevrolet Trailblazer

For the 2023 model year, the cheapest SUV to insure is the Chevrolet Trailblazer, costing around $1,722 per year or $144 per month for full coverage. It ranks number one out of 47 small SUVs for the 2023 model year, which average $2,073 as a whole.

Second and third place honors for the cheapest insurance for 2023 models go to the Subaru Crosstrek, costing $1,740 per year, and the Nissan Kicks at $1,744 annually.

2022 Model Year Winner – Mazda CX-5

For the 2022 model year, the cheapest SUV to insure is the Mazda CX-5, costing around $1,626 per year or $136 per month for full coverage. It ranks number one out of 45 small SUVs for the 2022 model year, which average $1,982 as a whole.

Second and third place honors for the cheapest insurance for 2022 models go to the Nissan Kicks, costing $1,666 per year, and the Chevrolet Trailblazer at $1,678 annually.

2021 Model Year Winner – Mazda CX-3

Car insurance rates for the 2021 Mazda CX-3 cost around $1,624 per year or $135 per month for full coverage. It ranks number one out of 41 small SUVs for the 2021 model year, which average $1,890 as a whole.

Second and third place honors for the cheapest insurance for 2021 models go to the Honda CR-V, costing $1,688 per year, and the Mazda CX-5 at $1,712 annually.

2020 Model Year Winner – Mazda CX-3

Insurance rates for the 2020 Mazda CX-3 cost an average of $1,580 per year or $132 per month for full coverage. It ranks number one out of 37 small SUVs for the 2020 model year, which average $1,835 across the whole segment.

Coming in second and third place for the cheapest car insurance for 2020 models go to the Honda CR-V, costing $1,638 per year, and the Mazda CX-5 at $1,658 annually.

2019 Model Year Winner – Ford Ecosport

Insurance rates for the 2019 Ford Ecosport cost around $1,446 per year or $121 per month for a full coverage policy. It takes top ranking out of 34 small SUVs for the 2019 model year, which average $1,755 as a whole.

Ranking second and third for 2019 models are the Toyota C-HR, costing $1,448 per year, and the Jeep Compass at $1,506 annually.

2018 Model Year Winner – Ford Ecosport

Insurance rates for the 2018 Ford Ecosport cost an estimated $1,374 per year or $115 per month. It ranks number one out of 33 small SUVs for the 2018 model year, which average $1,649 as a whole.

The 2018 first and second place runner-up models are the Nissan Kicks, costing $1,408 per year, and the Toyota C-HR at $1,412 annually.

2017 Model Year Winner – Honda CR-V

The 2017 Honda CR-V costs an average of $1,402 per year or $117 per month to insure for full coverage. It beat out a total of 30 small SUVs for the 2017 model year, which average $1,626 as a whole.

The next two cheapest 2017 model year small SUVs to insure are the Mazda CX-3, costing $1,410 per year, and the Subaru Crosstrek at $1,422 annually.

2016 Model Year Winner – Subaru Crosstrek

The cost to insure the 2016 Subaru Crosstrek comes in at around $1,308 per year or $109 per month for full coverage. It ranks number one out of 28 small SUVs for the 2016 model year, which average $1,521 per year.

Placing second and third for 2016 models are the Honda CR-V, costing $1,350 per year, and the Buick Encore at $1,376 annually.

2015 Model Year Winner – Mazda CX-5

Car insurance rates for the 2015 Mazda CX-5 cost around $1,232 per year or $103 per month for full coverage. It ranks number one out of 28 small SUVs for the 2015 model year, which average $1,458 as a whole.

Second and third place honors for the cheapest insurance for 2015 models go to the Honda CR-V, costing $1,288 per year, and the Buick Encore at $1,328 annually.