Lilah Butler, Car Insurance Writer
@lilah_c
Insurance for a minivan costs $757 per year per year, on average, according to WalletHub data. A minivan is usually more expensive to insure than other types of vehicles, such as a sedan, a coupe, or a truck. Insurers consider factors like safety ratings, repair costs, claims rates, and popularity with thieves when determining premiums for a specific type of vehicle.
Average Cost of Insurance for a minivan vs. Other Vehicles
Vehicle | Average Cost |
Minivan | $757 per year |
Sedan | $671 per year |
SUV | $655 per year |
Coupe | $660 per year |
Truck | $657 per year |
The premiums above reflect the cost of minimum coverage insurance. Full coverage premiums are more expensive, and prices will vary more between vehicles.
In general, it’s a good idea to get insurance quotes before you buy a new car. This way, you can estimate your future expenses and avoid buying a car that’s particularly expensive to insure. To learn more, check out WalletHub’s guide to the cheapest cars to insure.
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