Compare Minivan Insurance Rates [2023]
Car insurance for minivans is some of the least expensive thanks to their safety features and driver demographics. Some minivan insurance rates are as low as $96.50/mo. Comparison shopping can help lower your car insurance.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
UPDATED: Nov 7, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 7, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Minivans are among the cheapest vehicles to insure.
- Some minivans cost as low as $96.50 per month for car insurance.
- Your driving history and experience will make a big impact on your insurance rates.
Overall, auto insurance for minivans is cheap compared to other vehicles. Many variables are involved in determining insurance rates for minivans, including what make and model you drive, where you live, and your unique demographics.
Minivans have many safety features that help keep drivers and passengers safe. That also helps keep your insurance rates low. Follow our comprehensive car insurance guide to learn how to save even more with your minivan.
Get the best minivan insurance rates by entering your ZIP code into our FREE quote comparison tool above.
Average Minivan Insurance Rates
The average cost of minivan insurance changes depending on what make and model you purchase. However, even if you buy the cheapest minivan to insure, other individual factors will still impact your rates.
If you’re looking at your rates and wondering, “Why is insurance on a minivan so expensive?”, it probably has more to do with your driving record or credit history than the vehicle itself.
Your location, age, driving record, and even credit history also impact your car insurance rates.
To help you estimate how much you might pay for coverage, check out the table below to see how much insurance is for a minivan based on make and model.
Minivan Make and Model | Average Annual Car Insurance Rates |
---|---|
Dodge Grand Caravan | $1,158 |
Kia Sedona | $1,204 |
Chrysler Pacifica | $1,332 |
Honda Odyssey | $1,342 |
Toyota Sienna | $1,356 |
Saturn Relay | $1,428 |
Read more: Compare Kia Car Insurance Rates
If you’re wondering what is the cheapest car to insure on the market, minivans are often the answer. The Dodge Grand Caravan in particular has the lowest insurance rates of any minivan.
The data also shows that brand matters. For example, how much would car insurance costs for a Saturn Relay, a minivan that was discontinued in 2007? As you can see from the above table, it is much higher than models still being manufactured today.
It’s important to do a minivan cost comparison to ensure you’re getting the best rates. If you want the best bang for your buck, invest in a newer, more popular model that has not been discontinued.
Why are minivans cheaper to insure than other vehicles?
As we said before, minivans are often the answer if you’re wondering, “What are the least expensive cars to buy car insurance for?” Now that we’ve looked at the average cost of minivan insurance, let’s discuss why those rates are so low.
Whether you drive a high-end minivan or the cheapest minivan on the market, you’ll likely secure low car insurance quotes. There are two reasons why typical minivan coverage rates are so low.
Firstly, minivans offer reliable protection if you get into a car accident. Bigger vehicles are safer than SUVs, which are more likely to roll over when involved in a collision. Minivans are also more affordable to fix and easy to drive.
Minivans often receive nearly perfect safety ratings from places like the Insurance Institute for Highway Safety. Check out how the IIHS rated leading minivan models in the following table.
Minivan Make and Model | Small Overlap Front (Driver-Side) | Small Overlap Front (Passenger-Side) | Moderate Overlap Front | Side | Roof | Head Restraints and Seats |
---|---|---|---|---|---|---|
Dodge Grand Caravan | Poor | Not Tested | Good | Good | Good | Good |
Kia Sedona | Good | Acceptable | Good | Good | Good | Good |
Chrysler Pacifica | Good | Acceptable | Good | Good | Good | Good |
Honda Odyssey | Good | Good | Good | Good | Good | Good |
Toyota Sienna | Acceptable | Marginal | Good | Good | Good | Good |
Surprisingly, the 2019 Dodge Grand Caravan has the worst ratings in the group. The National Highway Traffic Safety Administration also gives the Dodge Grand Caravan a lower safety rating of four stars. Owners of these newer models may see an increase in insurance rates.
Crash test ratings for older models of minivans have also recently been updated. The IIHS explores the safety rating updates on these models in the following video.
The risk of serious injury is usually reduced if you drive a minivan, which means less money spent on claims by insurance companies. Choosing a minivan with great ratings, like the 2018 Chrysler Pacifica or Honda Odyssey, will usually lead to lower insurance rates.
The second reason minivan insurance costs are lower than other vehicles is because of the main demographic of their drivers. Parents often drive with their children in minivans. To insurance companies, this demonstrates a level of responsibility that makes minivan drivers low-risk. They’re less likely to drive recklessly or get into an accident because they’re focused on keeping their children safe.
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What will affect my car insurance rates for a minivan?
Besides your vehicle’s make and model, a major factor that determines your insurance quote is your driving record. You may drive one of the cheapest cars to insure in 2020, but your rates will still be higher if you have a rocky driving history.
Driving experience also comes into play when determining rates. In many states, this is directly related to the age of the driver.
A 16-year-old driver is almost guaranteed to pay more for car insurance than someone who is 26.
However, because rates change for car insurance by vehicle, teenagers driving the cheapest minivan to insure might save on insurance costs.
Location also impacts coverage rates. States like Maine have lower average car insurance premiums than Florida or Louisiana, where insurance is the highest in the country.
All of these factors make it tricky to generalize car insurance rates. For these reasons, we always recommend comparison shopping before purchasing coverage.
Best Insurance Company for a Minivan
You aren’t going to find one particular car insurance company with a better overall rate for minivans than other companies. Specialty car insurance is not available for minivans because they are not a specialty vehicle. There are car insurance companies that only sell car insurance for classic cars and for high-end vehicles, such as Porsches.
If you are wondering about particular car insurance companies and the rates that they charge overall, Weiss Ratings or J.D. Power may be good places for you to find rating information for different insurance companies. Although these ratings are more about the overall performance of a company, they can give you a good idea about what providers are reliable when it comes time to consider your insurance options.
How much is your minivan insurance? Compare cheap quotes online by entering your ZIP code into our FREE tool below.
Frequently Asked Questions
Why are minivans cheaper to insure than other vehicles?
Minivans are safer, more affordable to fix, and driven by responsible, low-risk demographics.
What factors affect car insurance rates for a minivan?
Factors include driving record, age, location, and credit history.
What is the cheapest minivan to insure?
The Dodge Grand Caravan generally has the lowest insurance rates among minivans.
How much does minivan insurance cost?
Insurance costs vary based on the make, model, and individual factors. A new minivan costs between $25,000 and $45,000.
What is the recommended insurance for a minivan?
It is recommended to purchase at least your state’s minimum coverage requirements.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.