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.
This answer was last updated on 01/31/24 and it was first published on 08/22/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
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