What Is The Cheapest Insurance For New Drivers – The Ford Fiesta is the most popular car among young drivers, but it’s NOT the cheapest to insure – we cover the top ten affordable cars.
The Ford Fiesta is the most popular car among young drivers when it comes to insurance research and costs £711 for full cover, new research has revealed.
What Is The Cheapest Insurance For New Drivers
However, it does not guarantee a cheap price. In fact, the Citroen C1’s rival supermini takes the top spot for the cheapest cover, according to MoneySupermarket figures.
Cheapest 10 New Cars For Young Drivers To Insure In 2019 Revealed
While it’s not among the most popular with 17 to 19-year-olds, it costs £506 to justify it – £205 cheaper than the Fiesta.
This is still £417 for the most popular car in the country – £294 less than a young driver.
The Citroen C1 was found to be the cheapest car to insure for drivers aged 17 to 19.
Over-20s pay 51 per cent less to insure the same car at £347.
How To Get Cheap Car Insurance For A Young Driver (2023)
MoneySupermarket looked at over one million quotes from its customers between 9 June 2020 and 9 June 2021 to find out which cars are the most popular for first-time drivers aged 17 to 19, and the average cost of insuring those cars.
It has revealed that the Citroen C1 is the cheapest car to insure for young drivers, however the annual cost of £506 is still 72 per cent higher than the £294 average for over-20s.
Second cheapest was the Fiat 500 Pop, costing £509 and the Fiat 500 Lounge, costing £519.
Again, these cars were 60 and 71 percent, respectively, more expensive than the 20 drivers.
Best Cars For Young Drivers Under £1,000
Meanwhile, annual insurance for the Peugeot 107 is £539 and the Ford Ka is £543, compared to £286 and £315 for over 20s.
Fiat 500, Fiat 500 Lounge and Fiat 500 Pop insurances are cheaper.
The most popular car was the Ford Fiesta, followed by the Vauxhall Corsa at £689 a year and the Volkswagen Polo at £656 a year.
The Ford Ka, Mini One and Renault Clio are among the ten most popular cars for young drivers.
Average Car Insurance Rates By Age
For example, a VW Golf would sell for £935 to 17- to 19-year-olds, a whopping 154 per cent rise, compared to over-20s who pay an average of £368.
First-time drivers of the second most popular car, the Vauxhall Corsa, pay £689 for their insurance, £170 more than a young driver of a Fiat 500 Lounge pays at £519.
Car insurance premiums tend to be higher for drivers who have recently passed their test, as insurers associate it with more risk.
The Ford Fiesta is the most popular car for 17- to 19-year-olds, but it’s not the cheapest to insure.
Kit Cars Can Save Young Drivers Thousands On Insurance
Motorists, especially young ones, are encouraged to use price comparison sites to see if they can save on their insurance, saying they can save a lot of money by shopping around with professionals.
Praksha Patel-Shah, motor insurance specialist at MoneySupermarket, said: “After a year’s delay in comparisons and possible tests due to the coronavirus, many young drivers could be looking to buy their first car in 2021, especially with new registrations due to take place on 1 September. is
‘There are a few ways that new British graduates can reduce their insurance costs. You can lower the price by reducing mileage or choosing more.
“You can also see telematics systems that use data to monitor how people drive and use that to determine the cost of car insurance – the more careful the driver, the more expensive the policy.”
Best Cheap Car Insurance For Young Inexperienced Drivers
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Cheap Car Insurance For New Drivers
Dmg media Contact Us How to File a Complaint Advertise with Us Sponsors Terms Don’t Sell or Share My Information Privacy Policy and Cookies It’s no wonder young and teenage drivers pay more for car insurance. A young driver’s incompetence and long driving history are dangerous for car insurance companies, which is why they pay more to insure new drivers. But how much will a new driver pay? We’ve crunched the numbers to find out the cost of UK car insurance for an 18-year-old driver in England and a big city, so you know what you’ll be paying based on where you live. The prices will be the same for 17 and 19 year olds.
If price is a priority for you, you can choose one of the cheapest plans available. The team collected quotes from 400 car insurance companies in 10 cities in England, and calculated that the average purchase price for an 18-year-old driver was £1,752 a year. But prices varied by region, with young drivers in Liverpool, Birmingham, Bradford and Manchester paying more than £2,000 a year. Young drivers in Sheffield and Bristol pay less for our courses, over £1,100 a year. This means that young drivers in some areas are paying almost twice as much as in other areas.
Between the high cost of insurance and the average driver spending over £1,000 (£34 for an hour’s lesson), being a young driver doesn’t come cheap.
To find out what a young driver is paying for car insurance, we’ve collected quotes from an 18-year-old male driver with a full UK License who drives a 2016 Ford Fiesta, the UK’s most popular car. (To find out how insurance costs vary by car type, see our article, How much does it cost to insure the UK’s most popular cars?) Together we collected quotes from over 400 drivers based in London, Birmingham, Leeds. , Sheffield, Bradford, Manchester, Liverpool, Bristol, Newcastle and Sunderland, who drive less than 5,000 miles a year. The term included courtesy car cover, breakdown, personal accident and statutory cover. Reviews have been received from the following auto insurance company plans:
Cheapest Cars To Insure For New Drivers 2022
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Note on savings statistics: * 51% of consumers could save £359.61 on their Car Insurance. The savings were calculated by comparing the four lowest prices quoted by insurers on Seopa Ltd’s insurance comparison website. It is based on the retention of indicative prices from November 2022. The amount you can get depends on your situation and your choice of insurance provider. Pet care stats include one dog, Gertie, 3 months old, or one cat, Tong, 9 years old, free of known diseases, up to date on vaccinations and microchipped. Home insurance savings data showed 51% of consumers who bought Home Building and Contents Insurance through a service provided by Seopa Ltd in November 2022 were quoted less than £189.71. The price you can get depends on your personal situation. Affiliate Notes: This article was created by a Dow Jones trading partner.
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