The ten cheapest cars to insure for young drivers

The Ford Fiesta is the most popular car with young drivers, but it’s NOT the cheapest to insure: we reveal the top ten cars for cheaper coverage

  • The Ford Fiesta is the most popular car for young drivers, data shows
  • However, it is not the cheapest insurance with the Citroën C1 taking that place
  • We reveal the most popular – and the cheapest – motorcycles for 17-19 year olds

The Ford Fiesta is the most popular car among young drivers when it comes to looking for insurance, costing an average of £711 for full comprehensive cover, new research shows.

However, it is not the cheapest to insure. In fact, according to MoneySupermarket data, Citroën’s rival supermini, the C1, takes first place for cheaper coverage.

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

This is still well above the average premium for the country’s most popular car, which costs £417 – £294 less than for young drivers.

The Citroën C1 turned out to be the cheapest car to insure for 17 to 19-year-old drivers

Those aged 20 and over pay an average of 51 percent less to insure the same vehicle for £347.

MoneySupermarket analyzed more than a million quotes from its customers between June 9, 2020 and June 9, 2021 to identify the most popular car with new drivers aged 17-19 and the typical cost of insuring these vehicles.

It revealed that the Citroën C1 is the cheapest car to insure for young drivers, but the annual cost of £506 is still 72 per cent more expensive than for the over-20s, averaging £294.

The second cheapest turned out to be the Fiat 500 Pop which costs £509 and the Fiat 500 Lounge which costs £519.

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

Meanwhile, the Peugeot 107 came in with an average annual insurance policy of £539 and the Ford Ka at £543, compared to £286 and £315 for those over 20.

The Fiat 500, the Fiat 500 Lounge and the Fiat 500 Pop are all among the cheapest to insure

The Fiat 500, the Fiat 500 Lounge and the Fiat 500 Pop are all among the cheapest to insure

CHEAPEST CARS TO INSURANCE FOR YOUNG DRIVERS
Rank Make and model Ave full comp policy for 17-19 Ave full com policy for 20+ £ difference between ages % increase between ages (20+ to 17/19)
1 Citroen C1 £506 £294 £212 72%
2 Fiat 500 Pop £509 £319 £190 60%
3 Fiat 500 Lounge £519 £304 £215 71%
4 Peugeot 107 £539 £286 £253 89%
5 Ford Ka £543 £315 £277 72%
6 Toyota Aygo £550 £305 £245 80%
7 Fiat 500 £560 £299 £261 87%
8 Mini One £587 £429 £158 37%
9 Renault Clio £626 £354 £277 77%
10 Ford Fiesta Zetec (80) £648 £364 £284 78%
Source: MoneySupermarket

The most popular car turned out to be the Ford Fiesta, closely followed by the Vauxhall Corsa which costs £689 a year and the Volkswagen Polo for £656 a year.

The Ford Ka, Mini One and Renault Clio were all in the top ten most popular cars for young drivers.

All cars were significantly more expensive for young drivers compared to adult drivers.

For example, the VW Golf would cost 17 to 19 year olds £935 – a huge increase of 154 per cent compared to 20 year olds who would pay an average of £368.

New drivers who own the second most popular first car, the Vauxhall Corsa, pay an average of £689 for their insurance, £170 more than what a young driver of a Fiat 500 Lounge would pay at £519.

Auto insurance premiums tend to be higher for drivers who have recently passed their exams because insurers put more risk on them.

Prices can also vary significantly depending on the type of car people drive.

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

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

TEN MOST POPULAR CARS FOR YOUNG DRIVERS
Rank by popularity Make and model Ave full comp policy for 17-19 Ave full com policy for 20+ £ difference between ages % increase between ages (20+ to 17/19)
1 Ford Fiesta £711 £347 £363 105%
2 Opel Corsa £689 £393 £296 75%
3 Volkswagen Polo £656 £392 £375 67%
4 Ford Ka £543 £315 £277 72%
5 Mini One £587 £429 £158 37%
6 Renault Clio £626 £354 £277 77%
7 Fiat 500 £560 £299 £261 87%
8 Opel Corsa Ltd Edition £716 £508 £208 41%
9 Fiat 500 Lounge £519 £304 £215 71%
10 VW Golf £935 £368 £567 154%
Source: MoneySuperMarket

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

Praksha Patel-Shah, car insurance expert at MoneySupermarket, said: “After a year of delay in theory and field tests due to the coronavirus, many young drivers may now be looking for their first car in 2021, especially with new number plates. on 1 Sept.

‘There are a number of ways for newly graduated Britons to lower their insurance premiums. You can keep costs low by driving fewer kilometers or opting for a higher deductible.

“You could even look at telematics policies that use data to monitor how people drive and use it to determine the cost of their auto insurance – the more cautious the driver, the more competitive the policy price.”

Advertisement

.