The Hyundai Amica is a small car produced between 2000 and 2003. This is an entry-level car in every way. There’s not a lot of power, but you can expect this vehicle to be cheap to buy, run and insure. In this guide, we drill down further into the average cost of insurance based on the specific model version and factors related to the driver.
What insurance group does the Hyundai Amica fall under?
When it comes to car insurance, all vehicles are given a specific insurance group that ranges from 1 (cheapest) to 50 (most expensive) which helps determine the cost of your premium. Hyundai Amicas are found in insurance group 8, meaning the car insurance will be on the cheap side.
These rates are based on the average cost of cover for cars in the insurance groups shown, for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: June 2024 (source: Confused).
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As well as the insurance groups and driver age, there are a number of other factors that affect the cost of your car insurance premiums.
Your location is one of the most significant. To show the potential influence of your home address, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Hyundai Amica 1.1 Atlantic 5d.
Expensive: £900 (London SE1)
Average: £562 (Newcastle NE1)
Cheap: £571 (Galashiels TD1)
These rates are based on the average cost of cover for cars in the locations shown. Our research suggests SE1 is one of the most expensive locations, NE1 represents an average cost location and TD1 represents one of the cheapest locations. Updated: June 2024 (source: Confused).
Which factors affect my Hyundai Amica insurance rate?
Along with insurance group, there are a number of key factors that have the biggest impact on your insurance premium costs:
Engine type and capacity. In general, the larger the engine, the higher the cost of your insurance. However, in this case, all models of the Hyundai Amica come with a 1.1-litre engine.
Driver location. Your home address helps insurers determine your level of risk, as far as how likely you are to make a claim on your policy. Your premium will rise if you live in an area where motorists are more likely to make a claim on their policy. For example, a 30-year-old in central London may pay £900 for insurance for a Hyundai Amica 1.1 GSI 5d, while the same 30-year-old in Newcastle may only pay £562. This difference occurs because Londoners are statistically more likely to make a claim on their insurance policy.
Driver age. The youngest drivers are the most likely to claim on their car insurance, and that’s why they have to pay far more. As an example, the average 20-year-old driver in London may pay £2,739 for the Hyundai Amica 1.1 CDX 5d, while the average 40-year-old in Newcastle will only pay £746. As you can see, in this example the average 20-year-old would have to pay almost double to insure a Hyundai Amica, compared to a 40-year-old. This huge price difference can often be the case with more expensive vehicles too.
Other factors that influence the cost of your insurance include:
Your car’s safety rating score
Your car’s security and any extra anti-theft precautions
Your marital status
Your credit history and job
Annual miles driven
Your driving history and activity
Your no-claims discount
The model of your car
The age of your car
How can I save on my Hyundai Amica premiums?
When searching for insurance, you’ll want to find the best deal for a price that’s within your budget. So, here are some tricks you can try to lower the cost of your premium.
Limit your annual mileage. Can you occasionally take some journeys by foot or public transport, rather than using your car? If so, this can help you to save on your premiums.
Pay annually rather than monthly. When you pay annually, you eliminate the possibility of being charged interest on monthly premium payments.
Install extra safety precautions. The safer your car is, the less of a risk it will be for companies to insure. That’s why many of them are willing to offer a discount when you add extra safety measures.
Don’t just accept your renewal quote. When it’s time for renewal, make sure you shop around and don’t just settle for the renewal price given by your existing insurance company. There may be cheaper options out there.
Bottom line
The Hyundai Amica is a small and now somewhat old city car, and thus it’s relatively cheap to insure. Also, the tips in this guide will help you to reduce the price of insuring this car even further.
Frequently asked questions
You can expect the fastest model of a Hyundai Amica to reach a top speed of 88 miles per hour.
The Hyundai Amica hasn’t been officially tested by Euro NCAP. However, the Hyundai Atoz, which this vehicle is based on, only scored a 3-star rating for protecting adult occupants. The Amica only has one airbag, which is very poor for today’s safety standards.
The UK standard car tax rate sits at £150 per year. However, you might pay more or less depending on your car’s emissions.
You can buy a Hyundai Amica at dealerships, from online sellers or from current owners across the UK.
All versions of this model come with an engine that’s 1.1 litres.
This vehicle didn’t sell too well, as motorists went for more powerful entry-level cars that offered a smoother driving experience. We’d advise you to do the same.
You can compare the costs of Hyundai Amica insurance using any price comparison website.
A Hyundai Amica can be found in insurance group 8, meaning the insurance will be on the relatively cheap side.
*Based on data provided by Consumer Intelligence Ltd, www.consumerintelligence.com (July ’24). 51% of car insurance customers could save £523.17
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Danny is a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance. Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC. See full bio
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