Canada's Cheapest cars to Insure

We recently received an email from an individual who had not yet purchased a car, but was curious to know which type of car offered the least expensive insurance. It got us thinking: How many Canadians actually make there car buying decision soley based on the cost of insurance, and ultimately, what type of potential Automotive 'shopping list' does this create?

First of all, it's important to understand how the insurance industry determines 'what's what' with regards to premiums.

As you might have expected, rates are highly dependant on factors such as Theft, Collision and Comprehensive Claims, repair costs, vandalism, and other claims.

Where does that leave you?

For the cold hard facts, The Insurance Bereua of Canada published a 'How cars measure up' study which compares 1,500 diiferent models from 1995-2007 - Results of this study can be found in PDF format here.

To save you the suspense, The budget minded Insurance Shoppers wish list looks a little something like this:

1. 1. Hyundai Tucson 4DR 4WD
2. 2. Saturn Vue 4DR 2WD
3. 3. KIA Magentis 4DR
4. 4. Chevrolet Impala 4DR
5. 5. Pontiac Montana SV6 EXT
6. 6. Jeep Compass 4DR 2WD
7. 7. KIA Rondo 5DR
8. 8. KIA Sportage 4DR 2WD
9. 9. Ford Focus ZXW Wagon
10. 10. Hyundai Santa Fe 4DR AWD

 

If any of the above vehicles tickles your fancy, good news - you'll be buying one of the least expensive cars to insure in Canada!

This presesnts a unique opportunity to save - by using an online rate comparison tool in conjunction with the vehcles in the above list, we can easily answer th original question and determine which are the are the least expensive cars to insure.