Smart Insurance Rates
What to expect when insuring a Smart car
Average insurance cost for a Smart
The average insurance cost of a Smart across all models is $220 a month – or $2,640 a year. But your exact cost will be determined by many factors, including your age, how much you drive in a year, your location and other factors.
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How a vehicle from Smart affects the cost of insurance
Insurance companies look at several car-related factors when determining the cost of insurance, including the car’s safety ratings, its likelihood of being stolen, and replacement costs and overall damage susceptibility.
A Smart car’s good safety ratings as well as its low price tag help to keep insurance costs down.
Other factors that affect the cost of insurance include the model, mileage and trim package. Personal factors like your driving history, credit score and age also play roles.
Pros and cons of insuring a Smart car
Pros
- Good safety ratings
- Not costly to repair or replace
Cons
- Fully electric cars can be more expensive to insure
About the Smart brand
During the ’90s, Swatch and Mercedes joined together to develop their ideas for a new compact car, and by 1994 the first Smart car was in production. The company derives its name from a combination of the two brands: Swatch + Mercedes + art = Smart.
The company continues to evolve and grow an audience of loyal fans.
Smart car facts
- Relatively new to the scene, Smart Automobile was founded in 1994.
- The Smart Fortwo is one of the most fuel efficient cars in the United States.
- Smart cars have passed the highest global crash test standards.
What is Car2Go?
This service allows drivers to rent a Smart car from an hour up to two days. Car2Go is available in select cities. Download the app and get on the road in your rented Smart car.
Bottom line
A Smart car’s good safety ratings and relatively affordable price tag make it an affordable car to insure. However, fully electric versions can increase the cost of insurance, so be sure to shop around to find the best car insurance for you.
Companies that provide coverage for Smart
You’ll have no trouble finding an insurance provider that will insure your Smart car.
Smart competitors
Looking for other car brands? Find other car manufacturers that are similar to Smart, or compare makes that are completely different.
Frequently asked questions about Smart
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