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liability35675

The 10 new cars that are cheapest to insure



Drivers can save hundreds of pounds a year by buying a car that is cheaper to insure.

The Skoda Citigo, Seat Mii, Volkswagen Up! and Citroën C1 fall into this category, costing just £210 for comprehensive cover.

A Hyundai i10 (pictured) costs £214, a Fiat Panda £220 and a Chevy Spark £222. Average premiums are £531.

The cost to repair a car, its value, performance and any security features all add to premiums, regardless of a motorist’s age, driving record or postcode.

Because a Ferrari is more likely to be stolen than a Fiat, every car falls into one of 50 groups set by the Group Rating Panel, commissioned by the Association of British Insurers (ABI).

Cars in Group One are typically cheapest to insure.

The cheapest group also includes the Volkswagen Fox (£225 to insure), Vauxhall Corsa (£248) and Smart Fortwo Pure (£264), according to calculations by the comparison website Comparethemarket.com.

Premiums are based on a 30-year-old man from Peterborough with a 12-year no claims record.

Julie Daniels from Comparethemarket.com said all drivers could take steps to keep insurance costs down.

“Vehicles will have very different insurance quotes, as the size of the engine as well as your personal circumstances are all taken into account,” she said. “You may well pay less for your insurance if your car is a Ford Fiesta than if it is a Volkswagen Golf.”

Ms Daniels said a customer’s “risk profile” varied between insurers, so it was worth getting multiple quotes.

“Your current provider may be more expensive than other competitors, so get multiple quotes,” she said.

An ABI spokesman said that, generally, smaller cars with lower performance should be cheaper to insure than more powerful luxury and sports cars, which were more likely to be stolen.

kate.palmer@telegraph.co.uk

http://telegraph.feedsportal.com/c/32726/f/569287/s/4004e5c6/sc/36/l/0L0Stelegraph0O0Cfinance0Cpersonalfinance0Cinsurance0Cmotorinsurance0C111845210CThe0E10A0Enew0Ecars0Ethat0Eare0Echeapest0Eto0Einsure0Bhtml/story01.htm

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