While every policy and situation is unique, it’s generally accepted that insuring a used car is cheaper than insuring a new car. Older cars generally cost less to replace than new cars, and it’s usually cheaper to get parts to repair an older car. With that being said, because new cars today often come with a host of safety features and have better crash ratings, depending on the car’s make and model and your location, it may be less expensive to insure a new car vs. a used car.