Driving a car in Ontario is expensive. One of the best ways to keep your driving costs down is to purchase or lease a vehicle that is inexpensive to insure. Finding out the cars in Ontario that are the cheapest to insure is easy, but what makes these vehicles cheaper than other makes and models? When it comes to purchasing the perfect vehicle for you, knowing the features that car insurance companies look for when evaluating the cost of insurance per vehicle can help you make an informed purchase that will save you money on your car insurance.
The Cheapest Cars To Insure In Ontario
The cheapest cars to insure in Ontario according to RatesSupermarket are:
- Toyota Prius C Hybrid Automatic 2WD
- Chevrolet Cruze LS Automatic 2WD
- KIA Sedona L Automatic AWD
- Nissan Versa Note S CVT 2WD
- Ford Focus Electric Automatic 2WD
- Hyundai Elantra LE Automatic 2WD
- Chevrolet Cruze Hatchback Automatic 2WD
- Toyota Tundra Reg Cab Automatic 2WD
- GMC Canyon SL Crew Cab Automatic 2WD
- Jeep Wrangler
Safety And Crash Ratings
A vehicle that has a high safety rating is cheaper to insure because in the event of an accident, you are less likely to be injured. Safety ratings are calculated based on things like roof strength, restraint tests, and front crash prevention. Even if your vehicle isn’t one of the cheapest to insure, having a good safety rating is a great way to keep the cost of your insurance down.
Theft And Vandalism
Some of the cheapest cars in Canada are also the cars that are most frequently stolen. For instance, the Ford F-Series is a vehicle with a high safety rating and a modest cost, however insurance coverage for this vehicle will likely be higher than the cars listed here, even at the same price range.
This is because theft and vandalism are huge driving factors when it comes to finding the cheapest insurance for your vehicle in Ontario. Before you purchase a new or used vehicle, find out if it’s frequently stolen. If you still want that vehicle, take measures to increase the difficult of theft, like dash cameras and installed security features. Adding items like this to your car will most likely give you a discounted rate on your car insurance.