Car insurance cost can be got down in a number of ways like choosing a car which needs lower insurance or getting cheapest car insurance quotes or knowing about the car insurance groups. Our guide will help decipher the difficult insurance groups and factors to be taken into account along with list of cheapest cars to insure.
Factors for grouping vehicles under insurance groups include
Cost of repairs
The cost of repairing a car and the time spent are considered before assigning cars to insurance groups as these factors account for a sizeable amount spent during insurance claims.
Cost of parts
There are usually 23 common parts in a car that can be repaired. The cost of these parts determines the insurance for the car. If the cost of the parts is low, the car insurance quotes will be low too.
Worth of the car
The value of a new car is used to determine the cost of repair or replacement borne by the insurer.
The acceleration and top speed of a car need to be considered to secure cheap car insurance because cars that reach top speed and have high performance are more inclined to make an insurance claim.
Security of car
A car’s security features such as the alarms, high security locks or immobilisers, all of which are provided by the manufacturer, make the car safe and less likely to be hot-wired and therefore the car will be cheap to insure.
A car’s security is rated by assigning them alphabets such as E, A, P, D and U where E stands for “exceeds” security features whereas U stands for “unacceptable”. Thus a car with a security rating of E or A will be cheaper to insure and will fall under low insurance groups.
Below is a list of some cars that are cheapest in terms of insurance.
This attractive car is ideal to drive in the city with compact size, clever design and high quality build that has decent safety features. The car is cheap too. Thus it has a cheap car insurance rate which makes up for its lack of performance.
This small family car which is known for its ample boot space and low carbon dioxide emission falls under the lower car insurance groups along with other models of this car.
This innovative design car with fold-flat seats is a popular city car having low insurance.
Vauxhall Corsa Hatchback
This insurance group 2 car is sensible, supermini and popular too.
This car which has good fuel economy and is cheap won the car of the year award too.
This model falls under insurance group 1 making it cheap to insure and is packed with features making it appealing to youngsters.
This green car is cheap and its ecomotive model has low emissions too exempting it from road tax and congestion charge making it even more economical.
This insurance group 2 car is cheaper to buy and perfect for a small family.
This car with solid engineering and low price falls in insurance group 1.
Smart Fortwo Coupe and Cabriolet
Smart cars have expensive parts and servicing but car insurance is cheap.