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Five affordable new model convertibles with the cheapest insurance costs

Last updated Aug. 10, 2017

Drivers having fun in convertible.

Convertibles are not always practical but they are just plain fun. Dropping the top and hitting the road is a summertime ritual that is definitely a blast. Unfortunately, convertibles can put a serious dent in your budget. They can be expensive to purchase and even more costly to insure. According to Insure.com’s “Average insurance rates for your 2017 car” data, the nationwide average insurance premium for a convertible was $2,081 a year.

Luckily, we have found five convertibles that are pretty easy on the pocketbook when it comes to both purchase price and insurance costs.

The number one drop-top on our list is a bargain with a list price just over $16,000 and insurance costs that are an astounding 31 percent less than the national average.

Keep reading to find a ragtop that will make summertime driving tons of fun but won't break the bank.

(All vehicle images courtesy of their respective manufacturers. All other images: Getty Images.)

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