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Average cost of insuring the United Kingdoms (UK) most popular car models 2020

Average cost of insuring the United Kingdoms (UK) most popular car models in 2020

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Source

Release date

2020

Region

United Kingdom

Survey time period

2020

Number of respondents

12+ popular insurers

Special properties

45-year-old driver

Supplementary notes

Values are the average of 5 cheapest quotes available for a 45-year-old driver parked on private drive, driven 5,000 miles per year, average policy excess of 200 GBP, and five years NCD.


The source adds the following information: "Not surprisingly, we found that the cost of car insurance increases with the underlying value of the car. This makes sense since a more expensive car requires a larger payout by the insurer in case of theft, and typically costs more to repair in case of damage. For example, a 45-year-old driver would pay around £575 to insure a £12,000 Ford Fiesta, or £812 to insure a £33,000 Mercedes Benz A Class 220.)"

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Statistics on "Motor insurance in the UK"

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