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Cheapest Car Insurance in Niagara Falls: SUVs to Consider

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Allen Walker
Cheapest Car Insurance in Niagara Falls: SUVs to Consider

A survey reveals SUVs (Sports Utility Vehicles) are more popular than ever in Canada. This is because of their extra space, higher ride height, and better fuel efficiency. In fact, SUVs are a good option for drivers looking for the cheapest car insurance in Niagara Falls, Ontario. 

However, there are various factors that can impact your auto insurance premiums. The same factors can affect your car insurance rate even if you drive an SUV. In this post, we shall tell you about top SUVs that can lower your auto insurance rate. Prior to diving into our main topic, we shall tell you why SUVs cost less to insure than sedans.


Why Is Insuring SUVs Cheaper Than Sedans?

SUVs are usually cheaper to insure than sedans with a few exceptions. This is because of their high safety ratings, low cost, and popularity among drivers. For the same reason, replacing or repairing SUVs is more accessible as compared to average vehicles.

Nevertheless, an SUV can prove more expensive to insure than a sedan in minor cases. As an example, an expensive SUV with a high theft rating can cost you more on auto insurance than a sedan. 


Insuring an SUV (Sports Utility Vehicle) in Ontario – How It Works?

Insuring SUVs is relatively similar to regular personal auto insurance in Ontario. How? Because you need to buy the following coverage for insuring your SUV in Ontario:

  • Minimum Third-Party Liability Insurance
  • Accident Benefits Insurance
  • Uninsured Motor Insurance
  • Direct Compensation Property Damage

In addition, you can add as much coverage as you want to your insurance policy while insuring an SUV. SUVs typically cost less to insure, yet some SUVs have topped the list of the most stolen vehicles in Ontario. By the same token, it is important you choose an SUV wisely to lower your auto insurance premiums in Ontario. 


Top SUVs to Consider for Cheap Car Insurance in Negara Falls, Ontario


The following are top SUVs to consider to avail yourself of the cheapest car insurance in Niagara Falls, Ontario:


Honda CR-V


Honda CR-V is a small SUV with 4 doors. In addition, the overall safety rating of this vehicle is “G” or “Good.” In addition, you can get your hands on Honda CR-V for a price of around $39000 CAD in Niagara Falls, Ontario. 


Honda HR-V


Another SUV from Honda you may consider for getting cheap auto insurance in Niagara Falls, Ontario, is Honda HR-V. Besides, the aforementioned SUV comes in at a price of around $28000 CAD. 

In addition, Honda HR-V generally has 5 doors and comes in the body style of an SUV. Overall, Honda HR-V has a good safety rating excluding its child seat anchors with an acceptable rating.


Chevrolet Traverse


Chevrolet Traverse is a little more expensive than Honda CR-V. This SUV will cost you around $41000 CAD. Besides, Chevrolet Traverse is a four-wheel drive that is pondered a midsize SUV.

Moreover, Chevrolet Traverse has a good safety rating except for its headlights with a poor rating.  


Mazda CX-5


Mazda CX-5 is considered a small sports utility vehicle. Further, you can buy this SUV for a price of around $31000 CAD. In general, Mazda CX-5 has a good safety rating excluding its moderate overlap front. In addition, this vehicle has a marginal rating for its seat belt reminders.  


Honda Pilot 


Honda Pilot is the most expensive on the list of our top SUVs for cheap car insurance in Niagara Falls, Ontario. You can get your hands on this vehicle for around $50000. Further, it has a middle-of-the-road safety rating. 

Furthermore, Honda Pilot generally has a good score except for its side and moderate overlap front crash tests. Besides, its side has marginal and overlap front crash test has poor ratings.  


Moreover, we advise you to ponder safety ratings when buying SUVs in Niagara Falls, Ontario. It is important because the safety ratings will eventually impact your auto insurance premiums and also your safety. 

Before diving into our conclusion, we shall tell you about factors that can impact your auto insurance costs.


Factors That Can Impact Your Car Insurance Cost 


The following factors can impact your auto insurance costs irrespective of the fact your vehicle is a sedan or an SUV:


  • The Cost to Repair Your Vehicle
  • Safety Rating of the Vehicle
  • Possibility of Vehicle Theft 
  • Value of Your Vehicle
  • Insurance Coverage Amount  


Conclusion


SUVs are more popular than ever in Canada today. In addition, they are an excellent vehicle for drivers looking for the cheapest car insurance in Niagara Falls, Ontario. In general, SUVs cost less to insure than sedans because of their safety ratings and low cost. To wrap up, we have recapped below the names of the top five SUVs that you may consider buying to avail yourself of cheap auto insurance in Niagara Falls, Ontario:


  1. Honda CR-V
  2. Honda HR-V
  3. Chevrolet Traverse
  4. Mazda CX-5
  5. Honda Pilot 

Media Contact: 

Company name: Insurance Genie

Telephone: 1-416-508-7560

Website: https://insurancegenie.ca/

Insurance Genie” is a company with a team of insurance underwriters. It can help you get the best insurance rate in Ontario based on your needs for insurance.



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