There’s a lot to consider when you’re buying a new car. In addition to the upfront price tag, you may be thinking about on-road costs such as registration, running costs and, of course, insurance costs.
According to Youi, what you might not know is that the car model itself could affect your car insurance costs. Youi has looked at some of the cheapest cars to insure (whether you’re a new driver or more experienced behind the wheel), why some insurance premiums might cost more than others and some of the factors that can make a car cheaper to insure.
The insurance company considered such factors as:
- how insurance premiums are calculated
- what might determine which could be the cheapest cars to insure
- what colour cars are the cheapest to insure
- whether electric vehicles are cheaper to insure than petrol cars
- how to work out car insurance costs for individual models
Youi identified a list of what might be some of the cheaper cars to insure. The cars selected are models that are available to purchase new in Australia as at April 2025.
- Kia Picanto – annual insurance premium may range from $640 to $1,402
- Toyota Yaris – annual insurance premium may range from $643 to $1,375
- Honda Jazz – annual insurance premium may range from $644 to $1,369
- Hyundai i20 – annual insurance premium may range from $650 to $1,463
- Suburu XV – annual insurance premium may range from $655 to $1,260
- Mitsubishi ASX – annual insurance premium may range from $670 to $1,342
- Kia Stonic – annual insurance premium may range from $675 to $1,483
- Hyundai Kona – annual insurance premium may range from $681 to $1,375
- Hyundai Venue – annual insurance premium may range from $698 to $1,387
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