Cheapest Car To Insure For Young Drivers
14/09/2023
There have been many debates over data regarding the cheapest car model to insure for young drivers in the UK and this is likely to continue. Some sources list the Citroen C1 as the most affordable car to insure whilst others claim it is the Ford Fiesta. In this guide we’ll take a look at what makes and models typically favour younger drivers.
Firstly it is important to note that the car you drive will not be the only factor used by insurers when determining your car insurance premiums. Your age, level of coverage, where you park your car and many other factors are all considered when insurers calculate your premiums.
Why are some cars cheaper to insure than others?
Cars in the UK are assigned groups ranging from 1 to 50. Cars in the first level are the cheapest to insure whilst cars in the 50 group are the most expensive.
| Car insurance group | Average annual premiums |
|---|---|
| 1 to 10 | £500 – £550 |
| 11 to 20 | £550 – £600 |
| 21 to 30 | £600 – £650 |
| 31 to 40 | £750 – £800 |
| 41 to 50 | £900 – £1000 |
Insurance group 1 cars (AKA the cheapest to insure):
- Citroën C1
- Fiat Panda
- Hyundai i10
- Kia Picanto
- Smart Fortwo
In contrast, a typical car found in last insurance group 50 would be a Porsche 911 or a Lamborghini. Performance vehicles and luxury cars will typically be in a higher numbered group and so be more expensive to insure.
How to get cheaper car insurance as a young driver in the UK
Getting driver’s insurance as a young driver can be tough, especially since you will have no real previous driving history for insurers to assess. As a result, they will naturally play it safe and just assume that you are a risky driver and raise your premium. With this unfortunately stacked against you, it makes sense that you should try and get the cheapest car possible. By opting for a car in a low insurance group you can effectively reduce your premiums.
Other things you can do to reduce your car insurance as a young driver
Aside from opting for a car in a low insurance group, you can also take some other practical steps to further reduce your car insurance premiums.
- Park your car in a garage instead of the street
- Only take out the level of coverage that you need
- Insure a parent or older sibling with driving experience on your car
- Opt for a telematics or black box policy
- Increase your voluntary excess. Be sure that you can afford the amount if you need to make a claim
You should always drive responsibly and avoid penalties and fines as these will significantly impact your premiums now and in the future. Also be honest with your insurer about your details and lying can invalidate your coverage and make it harder for you to get future coverage, even from different insurers.
If you are looking for young drivers insurance then CompareNI can help you find the right car insurance for you.