Most popular cars and their premiums
Buying and running a car can be costly – not only will you have to pay for the car itself, but you’ll also have to sort out the insurance, and factor in fuel costs, services, and MOTs.
If you’re looking to keep the cost of your car as low as possible, then you’ve come to the right place. We’ve analysed the cheapest cars in 2020 and 2021, and looked at the most popular cars to insure. We’ve also provided our top tips on how you could reduce the cost of your car insurance.
The most popular car models to insure for July – September in 2020 and 2021
The Ford Fiesta Zetec topped the list as the most popular car model to insure in both July, August, and September 2020 and 2021, with the average premium costing £694.80 in 2021, which is £23.64 cheaper compared to what it was in 2020.
The cheapest cars to insure for July – September in 2020 and 2021
When it comes to the cheapest cars to insure, the Renault Captur Iconic Energy TCE 90 comes in first place, with an average premium of £276.51 (a drop of £128.14 from 2020); with the Nissan Qashqai Acenta Premium DIG-T 140 in second place, at £305.51 in 2021.
Other car models that made it on the list of the cheapest cars to insure include the Fiat Panda Pop, the Dacia Sandero Stepway Laureate TCE 90, and the Hyundai Tucson SE Nav GDI 132.
Top tips for keeping your car insurance premiums low
1. Pay your insurance upfront
When you take out your new car insurance policy, you’ll have the option to pay it upfront for the whole year, or in monthly instalments. If you can afford to pay for the year in one go, that can cut the overall cost of your insurance, as you won’t be paying any interest on it like you would do with monthly payments.
2. Reduce your mileage where possible
When you start searching for car insurance, make sure you are aware of how many miles you will be doing. This is because your insurance provider will ask how many miles you drive on average to help calculate your average insurance premium.
If you have lower mileage, your insurance provider may consider you a lower risk, and this could therefore reduce your premium.
However, don’t set your mileage too low. If you drive over this and you’re involved in an accident, and your insurance provider finds out your estimate wasn’t accurate, they may refuse to payout.
3. Add a named driver to your policy
If you’ve only recently started driving, or are a young driver, then one way to reduce the cost of your insurance is to add a more experienced driver to your policy, such as a parent, sibling, or partner. However, the one thing you should avoid doing is fronting – this means naming the wrong person as the main driver, which could result in a criminal conviction if caught.
4. Avoid parking your car on the road
Car insurance increases in price if there’s a higher chance of your car being broken into. If you can park on your own private driveway overnight or live in a block of flats with gated parking; then make sure you specify that when you’re searching for insurance. This is because parking your car on the road is deemed to be less safe, which can push up the price.
Interestingly, whilst parking in a garage may seem safer, it may not decrease the cost of your insurance, as there’s an increased risk of damaging your car whilst driving in and out of the garage.
5. Increase your excess
All insurance policies will have an excess, but they can differ. Opting for a higher voluntary excess could reduce your premiums, but it’s important to note that there are two types of excess: voluntary excess, and compulsory excess.
Think carefully about whether you could actually afford to pay both your voluntary and compulsory excess should the worst happen, as you never know when you might get involved in an accident and have to pay to get your – or someone else’s – car fixed.
There are other ways, which could help to reduce your policy cost, which you can find out here.
All figures used are from comparethemarket.com. Car models must have had at least 200 enquiries on comparethemarket.com to calculate the average cost of an annual premium.