Kia Niro Car Insurance Explained: A 2024 Guide

• Kia Niro insurance cost averages $1,626 per year, or $136 per month for full coverage.
• The Niro ranks 14^th out of 47 vehicles in the small SUV class for insurance affordability.
• The cheapest Niro to insure is the LX trim level at an estimated $1,510 per year. The most expensive is the Niro SX Touring Plug-in Hybrid at $1,728 annually.
• Kia Niro insurance rates in a few larger cities include $1,932 in Kansas City, MO, $2,468 in Los Angeles, CA, and $2,374 in Louisville, KY.

How much does Kia Niro insurance cost?

Kia Niro car insurance costs an average of $1,626 a year, or $136 on a monthly basis. With the average small SUV costing $1,745 a year to insure, the Kia Niro would save an estimated $119 less on an annual basis.

The following chart demonstrates how average Niro car insurance rates vary depending on the age of the driver and coverage deductibles. Displayed cost values vary from the lowest price of $1,146 per year for a 60-year-old driver with $1,000 comprehensive and collision deductibles to the highest policy cost of $3,762 each year for a 20-year-old driver with a deductible of $250.

As with all car insurance policies, the higher policy deductible you choose, the lower the policy will cost. In the chart above, insurance rates on a 2024 Niro range from an average rate for a 60-year-old driver of $1,352 up to the average rate for a 20-year-old driver of $3,244 per year.

Expect to pay much higher insurance rates for teenage drivers on a Kia Niro. For example, a 16-year-old male driver with a clean driving record would pay around $5,738 while a 16-year-old female would pay about $5,360. By age 18, rates drop to around $4,968 for males and $4,589 for female drivers.

How does Niro insurance compare to other small SUVs?

When comparing average rates directly to other small SUVs, insurance for a Kia Niro costs $104 less per year than the Ford Escape, $8 more than the Honda CR-V, $120 less than the Chevrolet Equinox, and $78 less than the Nissan Rogue.

The Kia Niro ranks 14^th out of 47 total comparison vehicles in the small SUV segment. The Niro costs an average of $1,626 per year to insure and the class median average cost is $1,745 per year, a difference of $119 per year.

The chart below shows how the cost to insure a 2024 Niro compares to the top-selling small SUVs like the Toyota RAV4, Honda CR-V, and the Nissan Rogue. A more comprehensive table after the chart shows insurance rate comparisons for all 47 vehicles in the small SUV segment.

Comparing average annual insurance cost for a Kia Niro to models in a similar price range can provide another useful insight.

The Niro has an average MSRP of $32,961, ranging from the cheapest LX model at $26,840 to the most expensive SX Touring Plug-in Hybrid costing $40,040.

The four models closest in price to the Kia Niro for the 2024 model year are the Mini Cooper, Mitsubishi Outlander, Subaru Forester, and Kia Sportage. The next list shows how they compare to the Kia Niro by MSRP and average cost of insurance.

• Kia Niro vs. Mini Cooper – New off the lot, the sticker price on the Mini Cooper averages $50 more than the average cost for the Niro ($33,011 compared to $32,961). Insurance on the Mini Cooper costs an average of $174 more than the Kia Niro.
• Kia Niro vs. Mitsubishi Outlander – Having an average MSRP of $32,758 and ranging from $28,395 to $36,745, the 2024 Mitsubishi Outlander costs $204 less than the average sticker price for the Niro. Insuring a 2024 Kia Niro compared to the Mitsubishi Outlander costs an average of $222 less every 12 months.
• Kia Niro vs. Subaru Forester – Having an average sticker price of $32,591 ($27,095 to $37,395), the Subaru Forester costs $370 less than the average cost of the Niro. The average insurance cost for a Kia Niro compared to the Subaru Forester is $66 less annually.
• Kia Niro vs. Kia Sportage – Having an average sticker price of $32,430 ($27,090 to $37,890), the Kia Sportage costs $531 less than the average cost for the Niro. The average insurance cost for a Niro compared to the Kia Sportage is $232 less per year.

See our car insurance comparisons for additional head-to-head comparisons for many other makes and models of vehicles.

Is Kia Niro insurance cheap?

The cheapest Kia Niro insurance is on the LX at $1,510 per year, or about $126 per month. The second cheapest model is the EX also at $1,570 per year, and the third cheapest model to insure is the EX Touring at $1,616 per year.

For higher Niro trim levels, the three highest cost models to insure are the Niro EX Plug-in Hybrid, the SX Touring, and the SX Touring Plug-in Hybrid trim levels at $1,656,  $1,670, and $1,728 per year, respectively.

The rate table below displays the average annual and 6-month car insurance policy costs, including a monthly budget figure, for each Kia Niro model and trim level.

Kia Niro average insurance cost by location

The insurance cost for a Kia Niro can fluctuate significantly, from cheaper rates like $1,142 a year in Virginia Beach, VA, or $1,078 in Raleigh, NC, to high rates like $2,468 a year in Los Angeles, CA, and $2,708 in New Orleans, LA.

Cost in additional cities include car insurance rates in Houston, TX, averaging $1,668 per year, Louisville, KY, costing $2,374, Austin, TX, at $1,464, and Tulsa, OK, at $1,946.

The next chart illustrates average Kia Niro car insurance cost in the larger urban areas in the U.S.

When evaluating Kia Niro insurance rates at the state level, states like Iowa ($1,142), Virginia ($1,134), and Maine ($1,040) tend to have cheaper car insurance rates, while states like Michigan ($2,136) and Louisiana ($1,890) have more expensive Niro insurance rates.

The table below shows average 2024 Kia Niro insurance rates in all fifty U.S. states.

Additional Rates and Policy Information

Some additional rates for different scenarios as well as some ideas for keeping car insurance costs down are as follows:

• Avoiding accidents makes for cheaper insurance. Having frequent accidents may increase rates, to the tune of $2,284 per year for a 20-year-old driver and even as much as $664 per year for a 40-year-old driver.
• Raising deductibles makes insurance more affordable. Raising your policy deductibles from $500 to $1,000 could save around $256 per year for a 40-year-old driver and $492 per year for a 20-year-old driver.
• Low deductibles makes insurance more expensive. Dropping your physical damage deductibles from $500 to $250 could cost an additional $266 per year for a 40-year-old driver and $518 per year for a 20-year-old driver.
• Tickets and violations can cost a lot. In order to have the lowest-priced Niro insurance rates, it’s necessary to follow traffic laws. As few as two moving violations have the ramification of raising Niro insurance cost as much as $426 per year.
• Policy discounts equal cheaper Niro insurance rates. Discounts may be available if the insured drivers are good students, insure their home and car with the same company, drive a vehicle with safety or anti-theft features, take a defensive driving course, or many other policy discounts which could save the average driver as much as $272 per year.
• Younger drivers pay higher rates. The difference in insurance cost for a Kia Niro between a 60-year-old driver ($1,352 per year) and a 20-year-old driver ($3,244 per year) is $1,892, or a savings of 82.3%.
• Credit ratings can impact car insurance rates. In states that allow an insured’s credit rating to be used as a pricing factor, drivers with high 800+ credit scores could save a minimum of $255 per year compared to a rating of 670-739. Conversely, a lesser credit score could cost up to $296 more per year.