Many new drivers – or even novice drivers – forget to think about car insurance when buying a new car. However, car insurance can be costly and can vary by almost £1,000 depending on the make and model of the vehicle, according to comparison site GoCompare.
The research found that on average, the most expensive type of car costs around £1,200 a year to insure, while the cheapest car costs around £241. With this in mind, it’s worth paying close attention to the make and model when choosing your car.
Following the research, Which? has announced the ten most expensive and cheapest cars to insure.
The cheapest cars to insure
Which? has revealed the 10 cheapest car makes and models with average annual insurance sum, according to a study by GoCompare. The Peugeot 206 took the top spot with an average insurance sum of £241 per year.
The Porsche Boxster was the second cheapest at £243, while the Mazda MX-5 came third with an average premium of £249. Below you’ll find the make and model of the car, as well as the average cost of insuring it.
Peugeot 206 – £241
Porsche Boxster – £243
Mazda MX-5 – £249
Toyota iQ – £262
Citroen Xsara – £272
Smart Fortwo – £282
Suzuki Grand – £283
Land Rover Freeloader – £288
Renault Kangoo – £297
Fiat Panda – £299
The most expensive cars to insure
The list of most expensive cars is full of fast and powerful vehicles. The most expensive to insure is the Porsche Taycan, which costs an average of £1,200 per year. Below you will find the make and model of the car, as well as the average cost of insurance.
Porsche Taycan – £1,200
Tesla Model Y – £1,113
Land Rover Range Rover Velar – £1,091
BMW M4 – £1,091
Mercedes-Benz AMG – £989
Land Rover Range Rover Sport – £943
BMW 330E – £923
Mercedes-Benz GLE – £913
Audi e-tron – £899
Tesla Model 3 – £896