Sedan insurance rates
When it comes to insuring your dream sedan, there’s a lot to consider. Insurance premiums can vary greatly depending on the make, model, and features of your chosen vehicle. As a savvy car owner, it’s essential to weigh the costs of insurance against other factors like performance, luxury, and reliability.
In this article, we’ll analyze the data for the most expensive and cheapest sedans to insure,which state has the cheapest sedan insurance rates and which companies offer cheapest sedan insurance rates providing valuable insights to help you make an informed decision.
Average Sedan insurance rates
As expected, there is a significant variation in insurance rates depending on the make and model of the sedan. The average rate of insuring a sedan is $21,31 per year, where the maximum insurance rates go up to $5,176 per year and minimum rates are about $1,491 per year.
| Average sedan insurance rate | Average maximum insurance rate | Average minimum insurance rate |
| $2,131 | $5,176 | $1,491 |
Most expensive sedans to insure
As you might expect, luxury and high-performance vehicles generally come with a heftier insurance price tag due to their higher repair costs and increased likelihood of theft. Our data analysis reveals the top 10 most expensive sedans to insure, with annual premiums ranging from $3,840 for the Maserati Ghibli Trofeo to $3,089 for the Infiniti Q50 Sensory.
Perhaps not surprisingly, the Italian brand Maserati tops the list, with the Ghibli Trofeo costing an average of $320 per month to insure. Alfa-Romeo’s Giulia Quadrifoglio comes in second at $308 per month, and Audi’s RS7 Quattro follows closely behind at $295 per month. Interestingly, the Dodge Charger SRT Hellcat also makes the list, with an average insurance premium of $294 per month.
| Make | Model | Avg. Annual Premium | Avg. Monthly Premium |
| Maserati | Ghibli Trofeo | $ 3,840 | $ 320 |
| Alfa-Romeo | Giulia Quadrifoglio | $ 3,695 | $ 308 |
| Audi | RS7 Quattro | $ 3,534 | $ 295 |
| Dodge | Charger SRT Hellcat | $ 3,528 | $ 294 |
| Porsche | Taycan 4S | $ 3,319 | $ 277 |
| Cadillac | CT5 V Blackwing | $ 3,197 | $ 266 |
| Genesis | G90 Premium | $ 3,095 | $ 258 |
| BMW | 740i | $ 3,094 | $ 258 |
| Lexus | LS 500 F-Sport | $ 3,090 | $ 258 |
| Infiniti | Q50 Sensory | $ 3,089 | $ 257 |
Cheapest sedans to insure
On the other end of the spectrum, more budget-friendly sedans can save you a significant amount on insurance costs. This list features a diverse selection of makes and models, with cheapest rate of $1,491 per year for the Subaru Legacy 2.5l and highest rate of $1,690 for the Chevrolet Malibu RS.
| Make | Model | Avg. annual premium | Avg. monthly premium |
| Subaru | Legacy 2.5I | $ 1,491 | $ 124 |
| Honda | Civic LX | $ 1,568 | $ 131 |
| Honda | Accord LX | $ 1,584 | $ 132 |
| Hyundai | Accent SE | $ 1,587 | $ 132 |
| Mazda | Mazda3 Select | $ 1,596 | $ 133 |
| Acura | ILX 2.4L | $ 1,615 | $ 135 |
| Nissan | Versa S | $ 1,617 | $ 135 |
| Kia | Rio LX | $ 1,619 | $ 135 |
| Volkswagen | Passat SE | $ 1,623 | $ 135 |
| Toyota | Corolla L | $ 1,640 | $ 137 |
| Chevrolet | Malibu RS | $ 1,690 | $ 141 |
Cheapest companies for sedan insurance
When it comes to choosing an insurance company, it’s essential to compare rates to ensure you’re getting the best deal. In our analysis, we found that State Farm offers the lowest average annual premium at $1,417, followed by Geico at $1,813. Allstate has the highest average annual premium at $3,149. Depending on your location and specific needs, these rates may vary, so it’s crucial to shop around and compare quotes from multiple companies.
| Company Group | Avg. Annual Premium | Avg. Monthly Premium |
| State Farm | $ 1,417 | $ 118 |
| Geico | $ 1,813 | $ 151 |
| Nationwide | $ 1,955 | $ 163 |
| Progressive | $ 2,086 | $ 174 |
| Farmers | $ 2,535 | $ 211 |
| Allstate | $ 3,149 | $ 262 |
How location affects sedan insurance rates: Sedan car insurance rates by state
Insurance rates can also vary greatly by location due to factors such as regional repair costs, crime rates, and local regulations. For instance, Louisiana has the highest average annual premium at $2,978, while New Hampshire has the lowest at $1,425. It’s essential to consider these differences when choosing a policy in your region to ensure you’re getting the best coverage for your needs.
Table name: Average sedan insurance by state
| State | Avg. Annual Premium | Avg. Monthly Premium |
| Alaska | $ 1,688 | $ 141 |
| Alabama | $ 2,112 | $ 176 |
| Arkansas | $ 2,305 | $ 192 |
| Arizona | $ 2,157 | $ 180 |
| California | $ 2,739 | $ 228 |
| Colorado | $ 2,604 | $ 217 |
| Connecticut | $ 1,908 | $ 159 |
| Washington D.C. | $ 2,804 | $ 234 |
| Delaware | $ 2,146 | $ 179 |
| Florida | $ 2,865 | $ 239 |
| Georgia | $ 2,278 | $ 190 |
| Hawaii | $ 1,761 | $ 147 |
| Iowa | $ 1,733 | $ 144 |
| Idaho | $ 1,673 | $ 139 |
| Illinois | $ 1,915 | $ 160 |
| Indiana | $ 1,870 | $ 156 |
| Kansas | $ 2,423 | $ 202 |
| Kentucky | $ 2,114 | $ 176 |
| Louisiana | $ 2,978 | $ 248 |
| Massachusetts | $ 2,043 | $ 170 |
| Maryland | $ 2,153 | $ 179 |
| Maine | $ 1,434 | $ 119 |
| Michigan | $ 2,699 | $ 225 |
| Minnesota | $ 2,121 | $ 177 |
| Missouri | $ 2,453 | $ 204 |
| Mississippi | $ 2,062 | $ 172 |
| Montana | $ 2,429 | $ 202 |
| North Carolina | $ 1,919 | $ 160 |
| North Dakota | $ 2,048 | $ 171 |
| Nebraska | $ 2,652 | $ 221 |
| New Hampshire | $ 1,425 | $ 119 |
| New Jersey | $ 2,419 | $ 202 |
| New Mexico | $ 1,954 | $ 163 |
| Nevada | $ 1,887 | $ 157 |
| New York | $ 1,647 | $ 137 |
| Ohio | $ 1,623 | $ 135 |
| Oklahoma | $ 2,169 | $ 181 |
| Oregon | $ 1,773 | $ 148 |
| Pennsylvania | $ 1,791 | $ 149 |
| Rhode Island | $ 2,758 | $ 230 |
| South Carolina | $ 2,058 | $ 172 |
| South Dakota | $ 2,791 | $ 233 |
| Tennessee | $ 1,790 | $ 149 |
| Texas | $ 2,499 | $ 208 |
| Utah | $ 2,017 | $ 168 |
| Virginia | $ 1,783 | $ 149 |
| Vermont | $ 1,760 | $ 147 |
| Washington | $ 2,004 | $ 167 |
| Wisconsin | $ 1,576 | $ 131 |
| West Virginia | $ 1,970 | $ 164 |
| Wyoming | $ 2,852 | $ 238 |
Frequently Asked Questions
Is insurance cheaper on a sedan or coupe?
Insurance rates may vary based on the type of vehicle, and in general, coupes tend to have higher insurance rates compared to sedans due to their sporty nature and higher risk of accidents.
Do insurance rates vary based on the age of my sedan?
Yes, the value of your vehicle generally depreciates over time, which could lead to a lower insurance premium. However, other factors such as the make and model, safety features, and driver’s history also influence the insurance rates.
Conclusion
There are various factors that influence sedan insurance rates, including the make and model of the vehicle, its location, and the insurance company. To find the best insurance policy for your sedan, it’s essential to compare rates from different companies and consider the impact of your location on the premiums. Remember that the cheapest option may not always be the best fit for your needs, so it’s crucial to consider factors such as coverage, deductibles, and customer service when making your decision.
Methodology
CompuQuote commissioned 2022 data for Sedan insurance rates from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- 12-mile daily commute and 10,000 annual miles
- Good credit
- Clean record
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $50,000 property damage per accident
- $500 comprehensive and collision deductible
CompuQuote analyzed rates for around 1278 vehicles from 57 companies for more than 45,740,880 million quotes. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.
