Seeking cargo capacity without the cost? Compare average insurance rates for SUVs.
After you’ve found the SUV of your dreams, it's time to embark on the significantly less exciting journey of getting it insured. If you want your new vehicle to be fully protected without overpaying, you should put some time and effort into finding the right insurance policy. We’ll compare SUV insurance rates by model and insurer, providing some tips on how to find affordable and effective coverage. Let’s get started.
Because "SUV" is a fairly broad term, our rate comparison uses average premiums for make-and-model combinations across the US. The below breakdown — based on the user profile outlined here — allows you to select the make-and-model that matches your current or prospective vehicle, and compare companies to find the best rate for you.
Of the 10 SUVs we surveyed, the CR-V was the cheapest SUV to insure.
Avoid State Farm if you drive a CR-V — the company's average rate for this SUV is more than $1,300 annually.
Next up, the Jeep Cherokee. On average, a Cherokee costs about $1,270 a year to insure, making it the second-cheapest SUV to insure.
As with the Honda CR-V, Farmers and Allstate are the cheapest insurance options for the Cherokee. However, its list price is a little lower than that of the CR-V at a cost of $23,695 in 2017.
With a list price of $23,750 and an average monthly premium of $97, the Ford Escape is on the cheaper end of SUV insurance costs.
As with the Honda CR-V and the Jeep Cherokee, Farmers and Allstate are the best places to start when looking for cheap Ford Escape insurance.The most expensive insurance for a Ford Escape typically comes from State Farm, at $1,378 per year.
Owning a 2017 Chevy Equinox will set you back about $1,277 a year in insurance costs, in addition to a retail price of about $22,120.
Like the Ford Escape, the Equinox sits near the middle of the pack in terms of overall expense.
To avoid paying higher premiums, stay away from Progressive and State Farm.
The Jeep Wrangler is near the middle of the pack in terms of insurance costs and list price ($23,995).
At about $613 every 6 months (standard length of a policy period), or about $102 a month, Farmers and Allstate again offer the cheapest auto insurance rates for the Jeep Wrangler.
The most expensive car insurance for a Jeep Wrangler comes from State Farm ($1,374).
The Subaru Forester— with a list price of $22,395 — is a little more expensive to insure than the previous SUVs we've mentioned.
Still, the same trend applies. Farmers and Allstate offer the cheapest rates for this model, given our user profile.
On average, owning a Forester will cost $1,324 a year — or $624 per 6-month policy period — to insure.
The Toyota RAV4 is one of the most expensive SUVs to insure.
In addition to its $24,410 list price, the RAV4 carries an average monthly auto insurance premium of $111 — or 6 months for $664 — or an annual cost of $1,329.
The cheapest insurance for the RAV4 is available via Farmers and Allstate. Stay away from State Farm when getting quotes for your RAV4 — average policy costs exceed $1,400 per year through State Farm.
Allstate and Farmers offer the cheapest car insurance for a Nissan Rogue.
In addition to the list price of $23,820, owning a Nissan Rogue will set you back $1,338 annually, $669 for a 6-month policy period, or $111 per month.
The most expensive insurance options for a Nissan Rogue are State Farm and USAA, charging $1,427 and $1,362 per year, respectively.
The Ford Explorer, one of the highest-priced SUVs included in our survey, is also one of the more costly SUVs to insure.
In addition to its 2017 list price of $30,185, average insurance costs for a Ford Explorer total more than $1,350 annually.
The most budget-friendly insurance company for a Ford Explorer is Allstate, at $1,291. The priciest option is State Farm, at $1,466.
Last but not least, the Jeep Grand Cherokee is the most expensive SUV to insure and buy.
In addition to its average list price of a little above $30K, average Jeep Grand Cherokee insurance costs come out to nearly $1,400 a year, $700 per 6-month policy, or $115 monthly.
The cheapest car insurance for a Jeep Grand Cherokee is available through Farmers ($1,293), while the most expensive option is State Farm ($1,487).
While insuring an SUV may be more expensive than insuring some sedans, car insurance is not necessarily categorized by vehicle type. The general term "auto insurance" encompasses all manners of vehicles and their necessary coverages. While you could potentially find different coverage options for an SUV, you certainly don't need an SUV-specific policy.
If you already have an established policy with an insurance company, you can just add your vehicle without having to take any additional steps. Learn more about insurance quotes for SUVs here.
Although SUVs are typically cheaper to insure than trucks or vans, you're probably still paying more for auto insurance than you'd like. In addition to using the above SUV insurance comparison tables to guide your search, check out our other ways to save on auto insurance:
Unless you have an accident forgiveness feature baked into your policy, your insurance costs will likely rise after you file a claim. If you're thinking about filing a claim for damage to your vehicle, weigh your options. Does it make sense to pay for the damage out-of-pocket rather than through your insurance company? Here's how you can tell.
While considerable variance exists between states regarding rate increases for at-fault claims, below is an average across the US. As you can see, an at-fault accident can — over the three-year period — raise your rate by more than $1,700.
|Increase at 6 months||Increase at 12 months||Increase at 3 Years|
Although car insurance discounts are typically quite small, they can add up to save you a lot of money on your auto insurance. So, when looking for ways to save, consider the following discounts:
Any car insurance quote you receive will be heavily dependent on who you are. Consider the data presented above as a jumping-off point. Just because Farmers and Allstate were the cheapest for our user profile doesn't mean they will be for you. Compare as many car insurance companies as possible when getting quotes for your SUV. Our car insurance calculator allows you to apply your profile to the companies analyzed above.
Didn't get your questions answered? See our additional articles here for more ways to save on car insurance:
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Between September and December 2017, The Zebra conducted comprehensive auto insurance pricing analysis using its proprietary quote engine, comprising data from insurance rating platforms and public rate filings. The Zebra examined nearly 53 million rates to explore trends for specific auto insurance rating factors across all United States zip codes, averaged by state, including Washington, DC.
Analysis used a consistent base profile for the insured driver: a 30-year-old single male driving a 2013 Honda Accord EX with a good driving history and coverage limits of $50,000 bodily injury liability per person/$100,000 bodily injury liability per accident/$50,000 property damage liability per accident with a $500 deductible for comprehensive and collision. For coverage level data, optional coverage (that must be rejected in writing) is included where applicable, including uninsured motorist coverage and personal injury protection.
National property and casualty losses information is from the Insurance Information Institute and the NOAA National Centers for Environmental Information U.S. Billion-Dollar Weather and Climate Disasters report.
For vehicle make and model data, analysis referenced the most popular vehicles in the U.S. by 2016 year-end sales according to Goodcarbadcar.net's automakers' data.
Some rate data may vary slightly throughout report based on rounding.