Car insurance is one of the few ownership costs drivers can influence before they even visit a dealership. While age, location, and driving history matter, the vehicle itself plays a huge role in what insurers charge. Cars that are inexpensive to repair, easy to replace, equipped with strong safety systems, and less likely to be stolen almost always attract lower premiums. Across Canada, these ten vehicles consistently land near the bottom of insurance quotes for new and used buyers alike.
Mitsubishi Mirage
The Mirage is about as low-risk as a car gets in the eyes of insurers. It’s slow, light, cheap to repair, and rarely involved in expensive claims. Its low replacement value keeps payouts small, which translates directly into some of the lowest premiums available nationwide.
Toyota Corolla
The Corolla’s reputation works in its favour. Strong crash-test results, predictable ownership patterns, and readily available parts keep insurance costs down. It’s one of the safest bets for drivers who want long-term affordability without sacrificing comfort or reliability.
Honda Civic
Despite its popularity, the Civic remains relatively affordable to insure in most provinces. Modern safety tech, solid build quality, and predictable repair costs help offset the fact that it’s one of Canada’s best-selling cars. Non-performance trims are especially insurance-friendly.
Chevrolet Spark
Small size and low value make the Spark attractive to insurers. It’s rarely driven aggressively, costs little to fix, and doesn’t generate large claims. For urban drivers or students, it often delivers some of the lowest premiums on the market.
Mazda3
The Mazda3 strikes a balance between driving enjoyment and insurance affordability. Its safety ratings are strong, parts availability is excellent, and it doesn’t attract the same theft attention as some rivals. For many drivers, it’s one of the cheapest cars to insure in the compact segment.
Hyundai Elantra
The Elantra benefits from sensible engineering and strong safety equipment across most trims. Insurance companies see it as a low-risk daily driver rather than a performance car, which helps keep premiums reasonable across Canada.
Toyota Prius
Hybrids are not always cheap to insure, but the Prius is an exception. Its reputation for cautious driving, strong safety record, and lower accident severity help offset battery replacement concerns. In many provinces, it remains surprisingly affordable to insure.
Subaru Impreza
Standard all-wheel drive doesn’t automatically mean higher premiums, especially when paired with strong crash-test performance. The Impreza’s safety-focused design and conservative power output make it a favourite among insurers, particularly in winter-heavy regions.
Hyundai Kona
As a small SUV, the Kona avoids the higher insurance costs associated with larger crossovers. Its size, safety tech, and reasonable repair costs keep premiums in check, making it one of the more affordable SUVs to insure nationwide.
Toyota RAV4
The RAV4 consistently defies expectations when it comes to insurance costs. Despite its popularity, it benefits from excellent safety scores, reliable mechanicals, and predictable ownership patterns. For families wanting an SUV without inflated premiums, it’s a standout choice.
Insurance costs vary by province, but the pattern is consistent. Vehicles that are simple, safe, and inexpensive to repair almost always win. Choosing one of these models won’t just save money at the dealership. It can quietly reduce ownership costs year after year, long after the excitement of buying a new car has worn off.
25 Facts About Car Loans That Most Drivers Don’t Realize
Car loans are one of the most common ways people fund car purchases. Like any other kind of loan, car loans can have certain features that can be regarded as an advantage or a disadvantage to the borrower. Understanding all essential facts about car loans and how they work to ensure that you get the best deal for your financial situation is essential. Here are 25 shocking facts about car loans that most drivers don’t realize:
25 Facts About Car Loans That Most Drivers Don’t Realize
