The average annual insurance cost for SUVs in Ontario can vary greatly depending on a number of factors, such as the make and model of the vehicle, your driving history, age, location, and the level of coverage you choose.
As a rough estimate, the average annual insurance cost for SUVs in Ontario can range from around $1,500 to $3,000 or more. However, this is just a general estimate and your individual insurance premium may be higher or lower.
List Of Top 10 SUV’s With Cheapest Insurance Rates In Ontario
It’s important to note that the cost of insurance for an SUV can vary greatly depending on various factors, such as the make and model of the vehicle, your driving history, age, location, and the level of coverage you choose. However, in general, the following SUVs are known for having relatively low insurance rates in Ontario:
- Honda CR-V
- Toyota RAV4
- Subaru Forester
- Mazda CX-5
- Nissan Rogue
- Ford Escape
- Hyundai Tucson
- Kia Sportage
- Chevrolet Equinox
- Jeep Cherokee
It’s important to keep in mind that these are just general estimates and your individual insurance premium may vary. To get a more accurate estimate for your specific vehicle, it’s recommended that you obtain quotes from multiple insurance providers.
Which SUVs are most expensive to insure?
The cost of insuring an SUV can vary greatly depending on a number of factors, such as the make and model of the vehicle, your driving history, age, location, and the level of coverage you choose. However, in general, luxury SUVs and high-performance SUVs tend to be the most expensive to insure.
Some examples of luxury SUVs that are typically more expensive to insure include:
- BMW X5
- Mercedes-Benz GLE
- Audi Q7
- Lexus RX
- Cadillac Escalade
High-performance SUVs, such as the Porsche Cayenne, the Lamborghini Urus, and the BMW X6 M, are also known for having high insurance rates due to their higher repair costs and increased risk of accidents.
Is car insurance more expensive for a car or SUV?
The cost of car insurance can vary depending on a number of factors, such as the make and model of the vehicle, your driving history, age, location, and the level of coverage you choose. However, in general, SUVs tend to be more expensive to insure than cars.
There are a few reasons why SUVs tend to have higher insurance rates than cars. For example, SUVs are typically heavier and larger than cars, which can result in higher repair costs in the event of an accident. Additionally, SUVs are more likely to be involved in rollover accidents, which can also increase the cost of insurance.
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About the Author: Ashley Miller
