Last week, we brought you the 10 most expensive trucks and SUVs to insure, and surprisingly, not all of the vehicles on the list were high-end luxury models. There are fewer surprises on today's list of the cheapest trucks and SUVs to insure, but the information can prove valuable when shopping for a new vehicle, as it's not commonly a purchase criterion considered when buying.
Surprisingly, there are a few premium brands listed on this list, including Lincoln and Acura. It just goes to show you that luxury models can be a frugal buy, too.
Take a look at our 10 least expensive trucks and SUVs to insure.
1. Honda Pilot Touring ($108.33 a month on average). The Pilot received “good” safety ratings across the board from the Insurance Institute for Highway Safety (IIHS), which also named it a Top Safety Pick. Additionally, the National Highway Traffic Safety Administration (NHTSA) awarded it at least four stars out of five for all of its major metrics — front, side, rollover and overall ranking. Plus have you ever heard someone say, “Let’s go out and steal ourselves a Honda Pilot?”
2. Dodge Durango ($112.74). Some may be surprised by the inclusion of the Durango on this list; the large SUV evokes many connotations — power, Americana, command of the land — but coverage economy isn’t usually one of them. Nevertheless, like the Honda Pilot, the Durango earned solid safety ratings from the IIHS and NHTSA. Plus, replacement parts are not very expensive, a big plus in the eyes of insurers.
3. Mitsubishi Outlander SE ($113.07). One thing that gives drivers major headaches and insurers waves of anxiety is a recall. Drivers often are without their cars as the tweaks are made at the dealership, while insurers are left with many questions unanswered such as, “What else is wrong with this vehicle that we don’t know about?” The Outlander is one of the few cars on this list that hasn’t had a safety recall from the NHTSA and that fact, along with its four-star NHTSA safety ratings, helps explain its high standing here.
4. Nissan Frontier LE ($115.44). It shouldn’t be shocking that trucks don’t crowd the top of this list; SUVs are often driven by families, and the data (as well as common sense) show that those with kids in the backseat tend to drive more safely. The Frontier ranks well relative to other trucks because of its agility that helps it stray from danger on the road, on top of its generally excellent safety marks.
5. GMC Canyon ($115.86). The reviews from critics and drivers alike suggest the Canyon is underwhelming in terms of its performance. So then why do insurers think so highly of it? For one, its compact size makes it more of a commuter vehicle than one used for heavy, daily cargo work which definitely damages the bed. This generally private versus commercial duality is an important distinction for carriers. The Canyon also has many interchangeable parts with other vehicles in its class, and is therefore less expensive to repair.
6. Honda Pilot EX ($116.20). The Pilot is an excellent example of an automaker’s investment in safety paying dividends for drivers. The interior of the Pilot has been lauded by most reviewers who love its roominess but also its set of four child seat connectors. Such a feature is naturally attractive to those who frequently drive around lots of kids. The 2012 Pilot also earned stellar safety reviews from the IIHS and the NHTSA.
7. Ford F-150 ($118.55). The F150 isn’t a compact truck used primarily for recreational purposes; it’s a classic full-size pickup truck with tremendous towing capacity. So how did it land on this list? The F-150 is an extremely well-made truck, offering drivers a powerful but safe driving experience.
8. Chevy Silverado 1500 LTZ ($128.40). Another American full-size pickup, this one with no recalls from the NHTSA. Insurers are more than aware of its excellent handling relative to others in its class, as actuarial data understandably correlates better handling with fewer accidents (and therefore fewer claims). In fact, the Silverado’s safety ratings are not as strong as those of other vehicles on the list, but a truck that’s easy to handle helps drivers avoid accidents in the first place.
9. Acura MDX ($129.64). At first glance it may seem counter-intuitive that lackluster acceleration could hurt a vehicle’s car insurance rate. After all, don’t most accidents take place because vehicles are driving too fast? While that is technically true, a good number of incidents happen because a vehicle can’t accelerate fast enough — whether from a red light, while merging onto the highway, or in other situations in which a fight-or-flight response is needed. The MDX has such excellent acceleration, plus a powerful engine compared to others in its class.
10. Lincoln MKT ($131.08). The MKT is buffeted by several high-tech features that insurers like, the Ecoboost engine being the most attractive. It’s also got three rows of seats, bringing in more families and therefore safer folks into its club of drivers. Lastly, the safety reviews are excellent, with the IIHS naming it a Top Safety Pick.
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