Car insurance premiums have skyrocketed. But some new cars have surprisingly affordable rates. See the 10 best, according to Consumer Reports
We probably don’t need to tell you car insurance rates have skyrocketed, but in case you need a refresher: Premiums have risen 55% since February 2020, government data shows. While rates actually dipped during the pandemic, they grew astronomically between 2022 and 2024.
Insurers say it’s because cars, repairs, and hospital bills for accidents are getting more expensive. No matter the reason, Americans are stressed about higher bills. According to a recent Lending Tree survey, 58% of drivers say their premiums has become burdensome.
So how can you save money on car insurance?
Consumer Reports recently compiled a list of the cheapest new cars to insure. They’ve deemed these vehicles “safe, reliable, and satisfying,” and recommend them for thrifty shoppers.
Continue reading to see which ones made the list and what the average annual insurance premium is for drivers.
