The cars with the lowest average premiums are struggling as drivers as the cost of living increases
Car insurance experts have put together the cheapest insurance models for your very first car or for the whole family.
Savvy parents could pay just £300 a year by choosing the right family model, saving more than £100 on the average premium, while new drivers could save hundreds of pounds by choosing a cheaper vehicle.
While other factors such as age, driving experience and zip code affect the price you pay, the car you drive is also a key part of premium calculation. In this sense, admiral Insurance processed data from five million customer queries to identify the cars with the lowest average premiums across multiple categories, including family cars, sports cars, electric vehicles and cars for novice drivers.
Cheapest cars to insure for new drivers
Young and newly qualified drivers consistently face the highest insurance costs of any group, so choosing the right models can save you hundreds of pounds a year.
Small cars with less powerful engines are your friend here, with the Volkswagen Up being the cheapest model for 17-year-olds at an average price of £710.87. The Ford Ka (£780) and Fiat 500 (£783) are close behind, ahead of the Toyota Aygo (£790), Hyundai i10 and Kia Picanto.
For the broader 17-25 age group, the Skoda Citigo – a rebranded Up – is the cheapest option, but the Up is the second cheapest option and some of the top 10 models include the Up, Peugeot 107, Citroen C1 and Fiat 500 makes it onto both lists.
Cheapest family cars to insure
Admiral figures showed that the Ford Puma compact SUV was the cheapest family car to insure, with an average premium of £307.42 for the fun and surprisingly roomy crossover.
Thanks to the way Admiral classifies a ‘family’ vehicle, the VW Up makes a surprise appearance on this list too, with an average premium of £309. It’s a great city car, but we wouldn’t recommend taking a family of four on holiday in one.
Behind them, small-to-mid-size SUVs dominated the list, with Skoda’s Karoq and Kamiq models popping up alongside the related Volkswagen T-Roc and Seat Arona, as well as the budget Dacia Duster and MG ZS.
Cheapest sports cars to insure
With their high performance and desirability, sports cars will become increasingly insurable, but the Porsche Boxster proves it doesn’t need to break the bank, with an average cost of insurance of £444.92. It’s one of four Porsche models on the list, which also includes the Cayman, 911 and Macan. However, the BMW Z4 is second cheapest at an average price of £445, just ahead of the evergreen Mazda MX-5 at £472. Ridiculously, the classification includes the Polestar 2 and Tesla Model 3 and Model Y, although these EVs offer nothing sporty apart from a quick 0-60 time.
Cheapest electric car to insure
While these three EVs made the sports car list, none of them were affordable enough to make the cheapest EVs to insure list. Not only was the MG5 station wagon among the cheapest electric cars on offer, it was also the cheapest all-electric model at £348 a year. The Peugeot e-2008 was marginally more expensive at around £375, with the VW ID.3 separating it from its smaller 208 stablemate and MG ZS SUV.