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Get a low-rate car insurance quote online

Compare cheap low-rate car insurance rates from Canada's top providers in under five minutes. Best of all it's free to compare online with Ratehub.

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What is low-rate car insurance

When you think about owning a car, how “cheap” it could be is probably not the first thing that comes to mind. Cars cost money to run, maintain, fix and spruce up – and, of course, you need car insurance too. Fortunately, there are some cars that are cheaper to insure than others. Here are some of the most popular car types and models with low insurance rates in Canada.

Cars with low-rate insurance in Canada

If you’re thinking about buying a new or used car soon, you may want to consider the possible insurance costs for each vehicle, before you hand over all your hard-earned cash and pick up the keys. compared car insurance quotes and found these were the cheapest to insure (in order) in Canada:

  1. Subaru Forester
  2. Jeep Patriot
  3. Mazda Tribute
  4. Dodge Grand Caravan
  5. Chevrolet Malibu
  6. Pontiac Grand Prix
  7. Chevrolet Equinox
  8. Smart Fortwo Coupe
  9. Jeep Compass
  10. Ford Escape

Remember this list may vary from province-to-province but, overall, this list shows SUVs, Wagons, and minivans are often the cheapest vehicles to insure.

Check out our low-rate car insurance quotes today.

In under five minutes, you can compare personalized quotes from top Canadian insurers online. Don't forget, it's free to compare with Ratehub.

Other types of cars with cheaper insurance rates

Beyond your standard vehicles, here are some other types of cars you can compare low-rate car insurance quotes online. It's the best way to find your lowest rate.

Antique cars

Classic cars

Collector Cars


What makes a car cheaper to insure?

Insurers offer lower rates of insurance to drivers of cars that are less likely to result in an expensive claim. By tracking the statistical data of past claims, providers are able to determine certain vehicle factors that can lower your driving risk, resulting in a lower cost for auto insurance. This includes the following:

Vehicle type - Different types of cars can often reflect certain driver demographics, such as lifestyle or vehicle use. For instance, trekking vehicles are typically used for long-distance travelling on unconventional roads while drivers of minivans generally have children and may use the vehicle to run errands. And some cars are more likely to be stolen than others. Insurance companies can use statistical data to estimate the likelihood of a claim depending on certain vehicles and adjust your insurance premium accordingly.

Safety features - Driving a car that has a higher safety rating will result in a lower cost of auto insurance. Additionally, vehicles with newer safety technology, such as a forward collision warning or an automatic emergency braking system, can have lower auto insurance rates due to the reduced likelihood of an accident. 

Repair and replacement costs - Cars that are less costly to repair or replace will result in lower rates for insurance because the payout will be less for your insurer when a claim is made. 

Frequently asked low-rate car insurance questions

How do I find the lowest rates for car insurance?

Who has the cheapest car insurance in Canada?

Is insurance cheaper for used cars?

Is it cheaper to insure an electric car?

Matt Hands, Business Director of Insurance

With 6+ years of experience at, Matt’s focus has been on growing its newest business unit, Insurance. He is a thought leader and a valuable resource to respected publications across Canada. read full bio

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