The Best (and Cheapest) Cars to Insure in Canada


Since 2006, the U.S.-based Insurance Institute for Highway Safety (IIHS) has acknowledged the vehicles that perform the best and offer the most protection for occupants at its annual awards. The 2020 Top Safety Picks can help drivers in their car-buying decision by narrowing down the most reliable and dependable vehicles.

The IIHS Top Safety Pick+ Winners for 2020

The IIHS analyzes the top safety picks by testing the crashworthiness as well as crash avoidance and mitigation.

In simple terms:

  • Crashworthiness: How well a vehicle protects the driver and its occupants.
  • Crash avoidance and mitigation: The technology that comes standard or that can be added to a vehicle to prevent collisions or lessen the severity of a crash.

The award winners are the vehicles that come equipped with acceptable or good headlights, have advanced or superior crash prevention, as well as good ratings in other areas of vehicle safety like head restraints and roof strength.

Here are the Top Safety Pick+ award winners from the IIHS:

Top safety picks for small to midsize cars

Small car Midsize car
2020-21 Honda Insight sedan 2020 Mazda 6 sedan
2020 Mazda 3 hatchback 2020 Nissan Maxima sedan
2020 Mazda 3 sedan 2020 Subaru Legacy sedan
2020 Subaru Crosstrek Hybrid wagon 2020 Subaru Outback wagon
  2020 Toyota Camry sedan

For a little more style, here are the luxury car selections.

Top safety picks for midsize and large luxury cars

Midsize luxury car Large luxury car
2020 Lexus ES 350 sedan 2020 Audi A6 sedan
2020 Mercedes-Benz C-Class sedan 2020 Audi A6 allroad wagon
2020 Tesla Model 3 sedan 2020 Genesis G70 sedan
  2020 Genesis G80 sedan
2020 Genesis G90 sedan

If you are keen on buying a larger vehicle, check out these top safety picks for SUVs.

Top safety picks for small to midsize SUVs

Small SUV Midsize SUV
2020 Mazda CX-3 SUV 2020 Mazda CX-9 SUV
2020 Mazda CS-5 SUV 2021 Subaru Ascent SUV
2020 Subaru Forester SUV  

These SUVs are safe and luxurious.

Top safety picks for midsize and large luxury SUVs

Midsize luxury SUV Large luxury SUV
2020 Acura RDX SUV 2020 Audi e-tron Sportback SUV
2020 Cadillac XT6 SUV  
2020 Hyundai Nexo SUV
2020 Lexus NX SUV
2020 Mercedes-Benz GLE-Class SUV
2020 Volvo XC90 SUV

The safest and most cost-effective vehicles to insure compared the IIHS Top Safety Pick+ winners to find out which vehicles are the cheapest to insure.

To find out which of these safety-picks cost less to insure, we compared average car insurance quotes for a fictional 35-year-old driver with a clean driving record using the car insurance quoter across 13 Ontario cities. We selected Ajax, Aurora, Kingston, Kitchener, Lindsay, London, Mississauga, Ottawa, Peterborough, Scarborough, Sudbury, Toronto and Windsor. Quotes may vary depending on your details and driving record.

Check out the top 10 results below, ranked from inexpensive to most expensive to insure:

The Top Safety Pick+ vehicles with the cheapest car insurance

The following 2020 Top Safety Pick+ award winners ranked as the most cost-effective to insure:

  1. 2020 Subaru Forester SUV
  2. 2020 Subaru Crosstrek Hybrid wagon
  3. 2020 Subaru Outback wagon
  4. 2020 Tesla Model 3 sedan
  5. 2020 Mazda CX-3 SUV
  6. 2020 Mazda CS-5 SUV
  7. 2020 Subaru Legacy sedan
  8. 2020-21 Honda Insight sedan
  9. 2020 Acura RDX SUV
  10. 2020 Mazda CX-9 SUV

The list showcases a variety of larger vehicles, which the IIHS notes are also the safest vehicles.

How are auto insurance rates determined?

Although safety is paramount, your car insurance rate is more than just the safety-rating on the car you drive. Your driving record, age, location and driving history are all important factors to consider when calculating your rate. Details like how far your drive to work and whether you have any tickets or accidents on your record can increase your rate.

So, before you go ahead and buy a new ride, it’s important to compare car insurance quotes first. Every person is different, so even if your neighbour drives the same vehicle as you, you may end up with a significantly different rate.

Compare and save on car insurance before making your final purchase decision.

This article is updated annually.

Related Topics

Car Insurance 101 / Economic News / Lifestyle News / RSM News

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