Smart Fortwo Car Insurance: How Much Should You Expect to Pay?

Smart Fortwo drivers can expect to pay about $130 a month for their auto insurance, if you look at average rates across the U.S. Know how much car insurance companies might charge to insure your Smart Fortwo with our in-depth guide.

Quick Facts

  • A Smart Fortwo costs less than most other cars to insure.
  • Full coverage insurance for a Fortwo comes in at about $135 per month, on average, while liability only insurance usually runs around $63 monthly.
  • Commonwealth Casualty offers the lowest average rates for a Fortwo with liability only coverage offered for sometimes as cheap as $33 a month.

Fortwo Overview

With base prices starting at just $23,900 for 2019 models, the Smart Fortwo is a great car for all budgets. Not only is it on the affordable end of the spectrum when it comes to overall price point, it's also a smart choice for your budget when thinking about your future auto insurance rates.

We ran through thousands of car insurance quotes on Compare.com, and we've found that Smart Fortwo auto insurance premiums average out to about $130 per month. But compared to other vehicles in the market, are Fortwo car insurance prices higher or lower than those of similar cars?

Current Base Price$23,900
Body Style(s)Car
Trim LevelsFORTWO
Average Insurance Premium$130/mo.
Cheapest Insurance CompanyCommonwealth Casualty

How Much is Car Insurance for a Smart Fortwo?

Vehicle Liability Only Full Coverage
Smart Fortwo$63$135
All Smart Models$63$136
All Cars$83$177
Average Insurance Premium$81$169

In the table above, you'll see that compared to other vehicles, Smart Fortwo insurance rates are less expensive than average. On average, Fortwo owners can expect to pay around $63 monthly for liability insurance, and about $135 a month for full coverage, which has comprehensive and collision coverages in addition to liability (our guide, "State Minimum vs. Full Coverage", can give you more information on these different types of insurance).

Comparing it to other models, the Fortwo is matches the other vehicles in Smart's lineup. However, coverage for the Fortwo is cheaper than average when compared to other vehicles of a similar body style, with both liability only and full coverage insurance averaging less expensive premiums than other cars.

Impressively, they're overall more affordable to insure than the average vehicle, no matter what model, make, or body style they are.

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Who has the Cheapest Car Insurance for a Smart Fortwo?

Insurance Company Average Monthly Premium
Sun Coast$30
Commonwealth Casualty$33
Clearcover$40
Aspire$45
Elephant$47

If you're searching for a new car insurance policy for your Smart Fortwo, you're likely wondering which company offers the most affordable rates. Although costs will generally be pretty different from between drivers, Sun Coast provides the cheapest average rates for liability only coverage, with rates as cheap as $30 monthly. With car insurance as low as just $33 per month, Commonwealth Casualty is the next most affordable insurance carrier.

Finishing off the rest of the top 5 are Clearcover, Aspire, and Elephant. However, just because these five carriers offer the lowest average rates doesn't necessarily mean they'll be the cheapest for you.

Car insurance companies take several different things into consideration when calculating monthly prices. By getting quotes from a lot of auto insurance carriers at once, you can be sure you're finding the lowest rate.

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What Factors Affect Car Insurance Rates for a Smart Fortwo?

There are numerous pieces that car insurance companies look at to choose how much they charge you for insurance -- and each company uses a different method, so there's not a single carrier that's the cheapest for every driver.

The following sections show quite a few factors auto insurance carriers use to calculate rates:

Vehicle Age

Vehicle Age Average Monthly Premium
Less than 1 Year$79
2-3 Years$84
4-5 Years$68
6-7 Years$63
8-10 Years$55
11-14 Years$63
15 Years or OlderNot Enough Data

The Smart Fortwo has been around for a while, so vehicle age will likely make a big difference in what you end up paying for insurance. Usually, older cars will be cheaper to insure because they're worth less than newer models, and as time goes on and Fortwos begin to depreciate, insurance costs will gradually go lower.

As you can see in the table above, the Smart Fortwo is in line with this trend, as the cheapest models to insure are those that are 8 to 10 years old, while on average, the most expensive models are Fortwos that are 2 to 3 years old.

Your Age

Age Average Monthly Premium

Age is another factor that plays a role in how much car insurance companies will charge for a policy. In the table above, you'll see that young Fortwo drivers pay more compared to those who have more experience on the road. In this case, drivers under 18 pay $43 more than those 25 or older.

Insurance prices continue to go down as you get older, with the cheapest age group being 55-64 for Fortwo drivers.

Your Gender

Gender Average Monthly Premium
Male$69
Female$56

Did you know men tend to pay more for auto insurance than women? This is because women are less likely to get tickets and get into accidents, which lowers the chances of an insurance claim. When it comes to Fortwo drivers specifically, women pay around $56 a month for car insurance and men pay about $69.

Where You Live

State Average Monthly Premium
California$56
Florida$100
Georgia$83
Illinois$59
New York$134
North Carolina$31
Ohio$41
Pennsylvania$38
Texas$53
Virginia$56

It may be obvious that variables like how old you are and what vehicle you drive play a role in your insurance prices, but did you know that where you live can be equally important? Auto insurance is regulated at the state level, so rates can fluctuate quite a bit from state to state.

For example, the average Smart Fortwo driver in New York pays around $134 per month for liability coverage. Meanwhile, on average, the same owner in California will pay less than half of that price. The chart above shows average prices for the top 10 most populous states, just to give you a good idea of how much premiums can change across states.

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Smart Fortwo Car Insurance Discounts

No matter what state you live in, how old you are, or which car you drive, it's always important to take advantage of as many auto insurance discounts as possible when shopping around for a new policy.

Not every car insurance company will offer the same discounts, but there are a few that are relatively common. These include things like:

  • Vehicle safety discounts for having a vehicle with certain safety features (like anti-lock brakes or air bags) or one with higher than average safety ratings
  • Defensive driving discounts for drivers who take a defensive driving class through a certified school or institution
  • Multi-policy discounts for bundling your home and auto policies with the same insurance carrier
  • Pay-in-full discounts for choosing to pay your entire policy rate up front, rather than by monthly payments

But these aren't the only discounts insurance carriers offer to their customers. Some of the best ways to save are just by having a good driving record and positive insurance profile.

While you may not have control of every variable car insurance companies take a look at to calculate rates (like some of the ones mentioned above), you do have a say over some of them. Below are just a few of the things you can use to your advantage in order to save money on insurance:

Your Driving Record

Infractions Average Monthly Premium
1 Accident$66
Multiple Accidents$99
1 Ticket$65
Multiple Tickets$109

You've no doubt heard ads from auto insurance carriers promoting hefty savings for safe drivers. It should be no surprise that your car insurance premiums will go higher if you get into an accident or get tickets. But you still might be left wondering exactly how much these infractions will cost you.

Looking at the table above, you'll see that accidents will usually cost Fortwo drivers more than tickets, but both will result in higher than normal rates. Smart Fortwo drivers with a single ticket will pay an average of $65 monthly, while drivers with one accident on their record pay about $66 each month (up $3 from the $63/mo. overall average). Those who have more than one of either violation will end up paying even more.

How Much You Drive

Annual Mileage Average Monthly Premium
0-2,500 Miles$49
2,501-5,000 Miles$66
5,001-7,500 Miles$63
7,501-10,000 Miles$65
10,000+ Miles$64

The total distance you drive annually affects your auto insurance prices. Those who are on the roads less often have fewer opportunities to get into an accident, so they'll normally end up paying less for insurance. Based on the table above, you can see that Smart Fortwo owners who drive 10,000 miles or more pay $64 for auto insurance, while those who drive fewer than 2,500 miles every year pay about $49 a month.

If you drive less often than the average driver or work from home, it may be worth learning about pay-per-mile or usage-based insurance. With these kinds of policies, you pay a small monthly amount, and your final monthly bill is calculated based on the number of miles you drove.

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How Do Smart Fortwos Compare to Other Vehicles?

If you're thinking about buying a new vehicle and a Smart Fortwo is on your shortlist, you're probably wondering how it compares to other vehicles. Car insurance is just one cost that's associated with buying a new car, but it's certainly one that's worth considering carefully.

Visit the table below to see how the Smart Fortwo stacks up:

Smart Fortwo National Average
Liability Insurance$93$81
Full Coverage Insurance$373$169
Base MSRP$23,900$46,074
Average Annual Mileage9,41411,617

Overall, the Smart Fortwo is a great value for any budget, with an MSRP that's a third less than the going rate for a new vehicle. While the average vehicle MSRP in the U.S. is $46,074, the Fortwo has a base price of just $23,900.

Although the Fortwo's price is on the low end of the spectrum, car insurance rates are higher when compared to other vehicles on the market. Liability insurance for a Smart Fortwo is about $12 per month more than average, while full coverage is over $50 more per month.

When it comes to usage, Smart Fortwo owners drive fewer miles annually than the national average, with 11,617 miles for all vehicles a year compared to the Fortwo's 9,414 per year.

Smart Fortwo Car Insurance Costs by Model Year

We've walked through many of the factors that can affect how much the average driver pays to insure a Smart Fortwo. If you're thinking about buying a new vehicle and the Fortwo is one you're considering, having a good idea of exactly what you'll pay is extremely valuable as you weigh your choices.

2019 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$93
Full Coverage Avg. Premium$373
Base MSRP$23,900
Cheapest Insurance CompanyLiberty Mutual - $93/mo.
Available TrimsFORTWO

On average, drivers who own a 2019 Smart Fortwo can expect to pay $93 to $373 monthly for liability only and full coverage insurance, respectively.

With prices as low as $93 per month, Liberty Mutual offered the lowest policy we found.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

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2018 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$97
Full Coverage Avg. Premium$230
Base MSRP$23,900
Cheapest Insurance CompanyMercury - $25/mo.
Available TrimsFORTWO

2018 Fortwo drivers can expect to pay an average of $97 monthly for liability or $230 for full coverage.

With premiums sometimes as little as $25 a month, Mercury offered the most affordable policy we found for the 2018 Smart Fortwo.

If you're looking for a more exact figure on what you should pay for car insurance for a 2018 Smart Fortwo, you can get free quotes in minutes by just entering your ZIP code below.

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2017 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$57
Full Coverage Avg. Premium$106
Base MSRP$14,650
Cheapest Insurance CompanyApparent - $47/mo.
Available TrimsFORTWO

The average cost to insure a 2017 Smart Fortwo with liability only coverage is $57 per month, while full coverage runs around $106 a month.

If you're looking for the cheapest possible 2017 Smart Fortwo insurance policy, Apparent offered the cheapest policy we found, with rates as little as $47 monthly.

Interested in what your insurance premium will be? Just enter your ZIP code below to get a variety of personalized quotes for free.

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2016 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$107
Full Coverage Avg. Premium$156
Base MSRP$14,650
Cheapest Insurance CompanyKemper - $21/mo.
Available TrimsFORTWO

You can expect full coverage for a 2016 Fortwo to run about $156 a month, while liability only coverage will average around $107 monthly.

Looking for the lowest policy? Kemper offered liability only coverage for as little as just $21 per month.

If you want to know exactly how much you can expect to pay for your Fortwo, get free quotes in minutes by just entering your ZIP code below.

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2015 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$60
Full Coverage Avg. Premium$137
Base MSRP$13,270
Cheapest Insurance CompanySun Coast - $19/mo.
Available TrimsFORTWO, PASSION, PURE/PASSION

It costs about $60 a month for liability or $137 for a full coverage policy for the 2015 Smart Fortwo.

Sun Coast has prices sometimes as low as $19 monthly for the 2015 Smart Fortwo.

While these are good estimates of what the average driver might pay to insure a 2015 Smart Fortwo, these rates might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

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2014 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$77
Full Coverage Avg. Premium$134
Base MSRP$13,270
Cheapest Insurance CompanySafeco - $28/mo.
Available TrimsFORTWO, PASSION, PURE/PASSION

The average cost to insure a 2014 Fortwo with liability only coverage is $77 per month, while full coverage runs around $134 monthly.

We found Safeco offered the cheapest policy, with rates as cheap as just $28 a month.

Want something more accurate than nationwide averages? Get multiple personalized quotes for free by just entering your ZIP code below.

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2013 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$57
Full Coverage Avg. Premium$125
Base MSRP$12,490
Cheapest Insurance CompanyElephant - $24/mo.
Available TrimsFORTWO, PASSION, PURE/PASSION

2013 Smart Fortwo drivers can expect to pay an average of $57 per month for liability or $125 for full coverage.

Elephant offered the most affordable policy we found, with rates sometimes as little as $24 monthly.

If you want to know just how much your price will be, just enter your ZIP code below and get several free quotes in minutes.

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2012 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$83
Full Coverage Avg. Premium$134
Base MSRP$12,490
Cheapest Insurance CompanyMapfre - $18/mo.
Available TrimsPASSION, PURE/PASSION

On average, drivers who own a 2012 Fortwo can expect to pay $83 to $134 a month for liability only and full coverage auto insurance, respectively.

Looking for the lowest policy? Mapfre offered liability only coverage for as little as just $18 per month.

What could your car insurance rate look like? Just enter your ZIP code below to get lots of free customized quotes.

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2011 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$54
Full Coverage Avg. Premium$124
Base MSRP$12,490
Cheapest Insurance CompanyMetLife - $30/mo.
Available TrimsPASSION, PURE/PASSION

You can expect full coverage for a 2011 Smart Fortwo to run about $124 a month, while liability only coverage will average around $54 per month.

We found MetLife offered the cheapest policy, with rates as low as just $30 monthly.

If you want to know exactly how much you can expect to pay for your Fortwo, just enter your ZIP code below and get free quotes in minutes.

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2010 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$45
Full Coverage Avg. Premium$87
Base MSRP$11,990
Cheapest Insurance CompanyAssuranceAmerica - $17/mo.
Available TrimsPASSION, PURE/PASSION

It costs about $45 a month for liability or $87 for a full coverage policy for the 2010 Fortwo.

With premiums as little as $17 per month, AssuranceAmerica offered the most affordable policy we found for the 2010 Smart Fortwo.

If you want to know exactly how much you can expect to pay for your Fortwo, just enter your ZIP code below and get several free quotes in minutes.

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2009 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$60
Full Coverage Avg. Premium$147
Base MSRP$11,990
Cheapest Insurance CompanyStateAuto - $18/mo.
Available TrimsPASSION, PURE/PASSION

The average cost to insure a 2009 Smart Fortwo with liability only coverage is $60 monthly, while full coverage runs around $147 a month.

With rates as cheap as $18 monthly, StateAuto offered the cheapest policy we found.

What will your insurance price be? Get several free customized quotes by just entering your ZIP code below.

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2008 Smart Fortwo Car Insurance

   
Liability Only Avg. Premium$61
Full Coverage Avg. Premium$130
Base MSRP$11,590
Cheapest Insurance CompanyMercury - $17/mo.
Available TrimsPASSION, PURE/PASSION

You can expect full coverage for a 2008 Fortwo to run about $130 per month, while liability only coverage will average around $61 a month.

Mercury offered the most affordable policy we found, with rates sometimes as cheap as $17 per month.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.

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Smart Fortwo Insurance FAQs

Is a Smart Fortwo expensive to insure?

The Smart Fortwo is less expensive to insure compared to the average vehicle. Liability insurance runs an average of $63 monthly, while full coverage will cost you around $135.

How can I get the best price on car insurance for my Smart Fortwo?

There's only one way to ensure you're getting the lowest rates -- regularly shopping around and comparing quotes from an array of companies. Over time, your driver profile changes, which could change your rates, so it's recommended that you get quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from many carriers at once, meaning you can find the cheapest rates (or guarantee you already have the best deal) in just a few minutes.

Does the color of my Smart Fortwo affect my insurance rates?

You may have heard that it costs more to insure red cars than silver or white ones, but that's actually not true. There are a multitude of variables auto insurance companies look at when they decide how much your policy will be, but the color of your Smart Fortwo is not on that list.

Do I need to have insurance before I buy a Smart Fortwo?

Before you can legally drive your new (or new to you) vehicle off the dealership lot, you'll need to have an auto insurance policy in place. As part of the buying process, some dealerships might offer you an insurance policy, but your best bet is letting your car insurance company know before you buy.

What car insurance discounts can I get for my Smart Fortwo?

You will find a variety of discounts out there when it comes to auto insurance. Many of them (like "multi-vehicle discounts" and "safe driver discounts") are more based on you than the car you drive, but if your Fortwo has safety features like airbags, anti-lock brakes, anti-theft systems, and other features, it may qualify for certain discounts. The only way to know is to reach out to your insurance carrier and ask about which discounts they offer.

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