Is Car Insurance Cheaper for a Minivan or SUV?

Which of these two family-friendly vehicle types carries the lowest insurance premiums?

Minivan vs. SUV car insurance rates

Minivans and SUVs are in close contention for the title of “best family vehicle.” While each gets you comfortably from point A to point B, the vehicles' horsepower and functionality may vary. If the decision between an SUV and a minivan is coming down to cost, use our guide to the cheapest SUVs and minivans to insure and buy.

Which is cheaper to insure: SUV vs. Minivan?
  1. Is it cheaper to buy an SUV or Minivan?
  2. Is it cheaper to insure an SUV or Minivan?
  3. Final thoughts: which is the best option for you?

Is it cheaper to buy an SUV or Minivan?

For the models in our study, buying a minivan costs over $800 more than buying an SUV. In 2019, the cheapest SUV to buy is the Chevy Equinox, whereas the cheapest minivan is the Dodge Grand Caravan. The Equinox is almost $3,000 cheaper than the Grand Caravan!

Minivan and SUV 2019 list prices

Minivan list priceSUV list price
Chrysler Pacifica - $26,985Chevrolet Equinox - $23,800
Honda Odyssey - $30,190Subaru Forester - $24,295
Kia Sedona - $27,200Toyota RAV4 - $25,650
Toyota Sienna - $31,415Ford Explorer - $32,765
Dodge Grand Caravan - $26,790Jeep Grand Cherokee - $32,045

For the most expensive models of these vehicle types — the Ford Explorer and Toyota Sienna — there’s about $1350 in purchase-price difference. So, if you’re just looking at costs, consider narrowing your search to the Caravan and Equinox.

Is car insurance cheaper for an SUV or minivan?

Although list prices for SUVs and minivans can vary substantially, the difference in car insurance pricing is less pronounced. All insurance rating factors equal, there’s an average annual difference of $79 between these two vehicle types — with SUVs being less expensive to insure. Let’s look at individual models below.

Average insurance premiums for minivans and SUVs

Average Auto Insurance Premium: MinivanAverage Auto Insurance Premium: SUV
Chrysler Pacifica - $1,745Chevrolet Equinox - $1,496
Honda Odyssey - $1,633Subaru Forester - $1,588
Kia Sedona - $1,618Toyota RAV4 - $1,556
Toyota Sienna - $1,553Ford Explorer - $1,569
Dodge Grand Caravan - $1,636Jeep Grand Cherokee - $1,579

The Chevrolet Equinox and Toyota Sienna offer the most affordable car insurance premiums among minivans and SUVs. Average annual premiums for the Equinox are about $62 less than the group average, while the Sienna costs approximately $84 less to insure per year than similar minivans.

Final thoughts: minivans or SUVs

At the end of the day, a minivan might be better for families that need car seats and an SUV might be better if you want four-wheel drive. But if your choice between a minivan and an SUV is coming down to price, consider the list price before the cost of insurance. While finding cheap car insurance will be very important once you've settled on a model, it shouldn't be a driving force behind your decision between a minivan and an SUV. If you’re still on the fence about which vehicle is right for you and your family, see our additional articles below.

Compare over 100 insurance companies at once!

Location pin icon
glyph-shield-checkmarkNo junk mail. No spam calls. Free quotes.

Methodology: how we determine insurance premiums and costs

Between September and December 2018, The Zebra conducted comprehensive car 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 2017 year-end sales according to’s automakers’ data. Finally, some rate data may vary slightly throughout report based on rounding.

Ava Lynch
Ava Lynch LinkedIn

Ava worked in the insurance industry as an agent for four-plus years. Currently providing insights and analysis as one of The Zebra’s resident property insurance experts, Ava has been featured in publications such as U.S. News & World Report, GasBuddy, and Yahoo! Finance.