Is a Honda CR-V Hybrid worth it if my insurance doubles?

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I'm considering buying a Honda CR-V Hybrid, but I've been told my insurance will increase from about $150/month to $300/month.

At that point, I'm wondering if the fuel savings from the hybrid are enough to justify an extra $1,800 per year in insurance costs?

A few details:

I own a house with a garage.

I have solar panels.

I don't drive a huge number of kilometres, mostly local driving with occasional road trips.

I'm looking at SUVs and prefer something reliable and practical.

I've been considering the Honda CR-V Hybrid, Toyota RAV4 Hybrid, KIA and possibly an EV.

However, I was told my insurance could increase from about $150/month to $300/month.

My priorities are reliability and low maintenance costs.

Posted Jun 6, 2026, 9:39 PM UTC

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