Who Has The Cheapest Car Insurance For Young Drivers

Who Has The Cheapest Car Insurance For Young Drivers – Ford Fiesta is the most popular car with new drivers, but not the cheapest to insure: we reveal the top ten cars for cheap cover

The Ford Fiesta is the most popular car among young drivers when it comes to insurance searches, with an average premium of £711 for comprehensive insurance.

Who Has The Cheapest Car Insurance For Young Drivers

Who Has The Cheapest Car Insurance For Young Drivers

However, it is not cheap to insure. In fact, Citroen’s supermini rival, the C1, takes first place for the cheapest cover, according to data from MoneySupermarket.

Young Driver Insurance

Although not in the top ten most popular models for 17-19 year olds, it costs £506 to insure – £205 cheaper than the Fiesta.

This is still better than the average price of the country’s most popular car, which is £417 – £294 cheaper than new drivers.

The Citroen C1 is the cheapest car to insure for drivers aged 17-19

20 and over pay an average of 51 per cent less to insure the same car at £347.

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MoneySupermarket analyzed more than one million quotes from its customers between 9 June 2020 and 9 June 2021 to identify the most popular car among first-time drivers aged 17-19 and the typical price of insuring these vehicles.

Citroen found the C1 was the cheapest car to insure for young drivers, but the annual cost of £506 was 72 per cent higher than for over-20s, which averaged £294.

The second cheapest car was found to be the Fiat 500 Pop at £509 and the Fiat 500 Lounge at £519.

Who Has The Cheapest Car Insurance For Young Drivers

Again, these cars were found to be 60 and 71 percent more expensive for drivers over the age of 20, respectively.

A Young Driver’s Guide To Cheap Car Insurance

Meanwhile, the Peugeot 107 averages annual insurance at £539, the Ford at £543, £286 and £315 20s.

Fiat 500, Fiat 500 Lounge and Fiat 500 Pop are among the cheapest cars to insure.

The most popular car is 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 top ten most popular cars for young drivers.

Cheap Car Insurance For Young Drivers

A VW Golf, for example, costs 17-19-year-olds £935 – a 154 per cent increase compared to the £368 over-20s pay on average.

First-time drivers with the second most popular first car, the Vauxhall Corsa, pay an average of £689 for insurance, £170 more than the £519 a new driver of the Fiat 500 Lounge pays.

Car insurance premiums are often higher for recently tested drivers because insurers assume more risk with them.

Who Has The Cheapest Car Insurance For Young Drivers

The Ford Fiesta is the most popular car for 17-19 year olds, but it’s not the cheapest car to insure.

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Motorists, especially young ones, are being encouraged to use price comparison sites to see if they can save on their insurance by shopping around with experts who say they can save hundreds of pounds.

MoneySupermarket’s car insurance expert Praksha Patel-Shaw said: “After a year’s delay in theory and practical testing due to the coronavirus, many new drivers will want to buy their first car in 2021, especially with new license plates on September 1.

“There are a number of ways to reduce insurance premiums for newly qualified Brits. You can reduce costs by reducing your mileage or opting for a higher sum.

“You can also see telematics policies that use data to monitor how people drive and use that to determine the price of car insurance – the more careful the driver, the more competitive the policy.”

Compare Car Insurance Quotes (february 2024 Rates)

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Who Has The Cheapest Car Insurance For Young Drivers

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Getting Cheap Car Insurance For New Drivers

Dmg Media Contact Us to Complain Advertise Us Contributor Subscription Terms Subscription Terms and Conditions Do Not Sell or Share My Personal Information Cookie Settings Privacy Policy and Cookies It’s no wonder young, teenage drivers pay more for car insurance. A new driver’s inexperience and limited driving history are dangerous for car insurance companies, so they charge more to insure new drivers. But how much does a new driver pay? We’ve crunched the numbers to calculate the cost of UK car insurance for an 18-year-old driver in England by major city, so you know what you’ll pay depending on where you live. Fees are the same for 17- and 19-year-olds.

If price is a priority for you, you can probably choose one of the cheapest plans available to you. The team collected more than 400 insurance quotes from young drivers in 10 cities across England and calculated that the average premium for the cheapest comprehensive insurance for an 18-year-old driver was £1,752 a year. But rates vary significantly by region, with new drivers earning more than £2,000 a year in Liverpool, Birmingham, Bradford and Manchester. Sheffield and Bristol young drivers paid the least £1,100 a year in our research. This means that new drivers in some areas pay twice as much as new drivers in other areas.

With the high cost of insurance and the average driver spending over £1,000 on driving lessons (£34 per driving lesson), becoming a new driver doesn’t come cheap.

To find out what young drivers typically pay for comprehensive car insurance, we’ve collected prices for a sample of 18-year-old male fully licensed UK drivers driving the most popular 2016 Ford Fiesta in the UK. (For more information on how insurance costs vary by car make and model, please see our article How much does it cost to insure the UK’s most popular cars?) Generally, we are in London, Birmingham, Leeds, Sheffield, Bradford, Manchester, Liverpool, Bristol, Newcastle and Sunderland, running less than 5,000 miles a year. References include courtesy car, accident, personal accident and statutory insurance cover. Quotes collected from the following car insurance companies plans:

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A Note on Savings Figures: *Click here for information on final savings figures, low-digit payment figures and payment figures used for promotional purposes. Cheapest cars to insure for new drivers: Top 10 revealed as first-year premium for new driver rises to £6,574 in 2022

Who Has The Cheapest Car Insurance For Young Drivers

As with almost everything, the cost of getting a new driver on the road increases.

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According to GoCompare, the average cost of taking lessons, passing a driving test and then buying, insuring and driving a first car is now £6,574, the highest since the start of the pandemic.

It’s here to help motorists choose which models to consider for their first motorcycle

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