What cars are the cheapest to insure in the Philippines?

As a car buyer, one of the primary concerns when purchasing a brand new car is the price or affordability of your preferred model, though there’s actually more to that. Parts accessibility, after-sales, and even the cost of car insurance should also be looked into. The price of insuring your car usually varies depending on the model of your choice. 

Notably, there are a lot of vehicles in the Philippines that are cheap to insure, and the majority fall under the economy car market. In order to properly guide you, here are some of the cheapest vehicles to insure in the Philippines.

2022 Suzuki Celerio exterior quarter front Philippines

First on the list is the Suzuki Celerio, and it’s one of the small hatchbacks being offered by the Japanese automaker. All thanks to its 1.0-liter gasoline engine paired with either a manual gearbox or CVT, the Celerio is able to deliver impressive fuel-economy figures in and out of the city. Guarding it with an annual car insurance premium will only cost owners less than P15,000 for the lowest trim level. 

2022 Chevrolet Spark exterior quarter front Philippines

Currently, the Chevrolet Spark is the only hatchback being offered by the Golden Bowtie in the Philippines. Along with its clean and ageless exterior, the Spark is also available with Apple CarPlay and Android Auto for seamless phone integration. Subscribing an annual car insurance premium for the Spark will only cost owners less than P17,000 for the base trim. 

2022 Mitsubishi Mirage G4 exterior quarter front Philippines

The Mitsubishi Mirage G4 recently had its refresh, with the renowned subcompact sedan featuring exterior and interior upgrades. Notably, it will cost you about P19,000 per year to insure your Mirage G4 in its lowest trim, as long as you shop around for good car insurance coverage and compare quotes.

2022 Kia Picanto exterior quarter front Philippines

One of the smallest and well-packaged hatchbacks you can buy today is the Kia Picanto. Aside from its European-inspired styling, this small wonder is one of the most refined cruisers in its segment, plus, it’s also available with Apple CarPlay and Android Auto. Insurance coverage for the Picanto usually hovers around P15,000

2022 Honda City exterior quarter front Philippines

The Honda City is one of the most affordable and well-equipped entries in the subcompact sedan category. It’s also known for being fuel-efficient, be it in the city or out on the highway. The cheapest annual car insurance premium for the City starts at about P20,000 for the entry-level S variant with a manual transmission. 

2022 Suzuki Dzire exterior quarter front Philippines

Suzuki Philippines recently gave the Dzire a minor refresh earlier this year, with the small sedan carrying minor updates inside and out. Insurance package rates for the Suzuki Dzire usually start at just about P14,000

2022 Suzuki APV exterior quarter front Philippines

The Suzuki APV has been around in the market for quite some time now. Back in the day, it’s one of the few 7-seater MPVs being offered in the Philippines. If you’ve been planning to buy this one, the APV’s annual car insurance premium starts at about P12,000 for the lowest variant.

2022 Suzuki Ertiga exterior quarter front Philippines

Aside from the APV, the Japanese automaker is also offering the Suzuki Ertiga as part of its 7-seater lineup. Notably, this MPV is perfect for starting families, aside from its spacious cabin, the Ertiga also offers a good amount of convenience and safety features. Insurance coverage for the Ertiga may start at about P16,000 for a policy covering the entry-level model

2022 Toyota Wigo exterior quarter front Philippines

The Toyota Wigo is very famous among first-time car buyers. This is simply because it’s affordable, easy to maintain, and reliable given that it’s a Toyota. Insuring a Toyota Wigo will cost you about P14,000 per year for the entry-level E variant. 

2022 Honda Brio exterior quarter front Philippines

One of the main competitors of the Wigo is the Honda Brio. One of its advantages over the Toyota is its better driving dynamics coupled with a sportier look. Insurance package rates for the Brio usually start at just under P16,000

2022 Kia Stonic exterior quarter front Philippines

The Kia Stonic is known for having the ‘style that’s iconic’, a famous tagline that’s dubbed by the South Korean automaker. It’s definitely a suitable ride for younger buyers, given its youthful design, capable performance, and infotainment system that features Apple CarPlay and Android Auto. Owners can have their Kia Stonic insured at just under P17,000 for the entry-level LX trim.  

2022 Volkswagen Santana exterior quarter front Philippines

If you want an affordable German car, then you might as well consider the Volkswagen Santana. Earlier this year, the subcompact sedan received a mild update, with it having new wheels and additional convenience features. The cheapest annual car insurance premium for the Santana starts at under P18,000 for the model's base trim. 

2022 Toyota Vios exterior quarter front Philippines

It is without a doubt that the Toyota Vios is a crowd favorite in the Philippines. It’s a suitable city car for many reasons, and one of them is because of its fuel efficiency. Plus, it’s also one of the cheapest sedans to insure in the Philippines, with insurance package rates starting at just under P18,000 for the base three-airbag J variant. 

2022 Suzuki Swift exterior side Philippines

Last on the list is the Suzuki Swift. Aside from its sporty styling, the subcompact hatch also handles pretty well and has a good amount of convenience and safety features for its occupants. Insurance rates for this hatchback start at just under P20,000 for the base GL variant with a manual transmission. 

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