Car insurance group 2
Find out the cars available in car insurance group 2 and how much it might cost to insure them.
Cars in insurance group 2 are often the cheapest to insure. With group 2 being one of the lowest insurance groups, the cars that fit into this category usually score well in factors used to determine the group ratings such as having good car safety features, being inexpensive to repair and possessing less powerful engines.
Car insurance groups explained
When it comes to insurance, all vehicles are assigned an insurance group from 1 (cheapest) to 50 (most expensive), and this helps determine the cost of your premiums. The group a particular car model fits into is usually determined by its performance, safety and security features and its value.
There are also a number of different factors that insurers take into account such as your age, driving history and location, so it’s always important to compare policies and providers to look through your options.
Insurance group 2 cars
There are a number of popular cars in insurance group 2 that are likely to come with a cheaper car insurance policy.
|Insurance group||Car make||Model|
|2||Toyota Yaris||The 2019 Toyota Yaris won “Best All-Around Performance in the Mini-Compact segment” and “Best 5 All-Around Performance among all small cars” in the 2019 ASG Awards.|
|2||Volkswagen Up||The Volkswagen Up won “City Car of the Year 2019” by Auto Express for its compactness and performance .|
|2||Nissan Pixo||The Nissan Pixo is known for its fuel efficiency with small running costs and being very reliable.|
|2||Skoda Citigo||The Skoda Citigo was named the “Used city car of the year” at the What Car? awards in 2019 and was praised for its build quality and broad range.|
|2||Smart Forfour||The Smart Forfour won “City Car of the Year” in the 2016 UK Car of the Year Awards. It is able to offer all the advantages of a four-seater vehicle with the driveability and intelligent packaging expected of Smart.|
|2||Citroën C1||The Citroën C1 was tested by Euro NCAP in 2014 and was awarded a 4 star overall rating. In addition to this, The German Automobile Club places the Citroën C1 at the top of the range for small cars.|
|2||Vauxhall Adam||The Vauxhall Adam won the Red Dot Car Design Award in April 2013. In November 2012, Auto Zeitung readers in Germany voted for Opel Adam as the number one city car.|
|2||Hyundai i10||In India, the Grand i10 was awarded the 2014 Golden Steering Wheel in the hatchback category. It was also awarded “Car of the Year” and “Entry Hatchback of the Year” at the 2014 NDTV Car and Bike Awards.|
Cars in insurance group 2 and the average cost by driver’s age
Using the table below, you can look for the make and model of your car, and work out how much you’re likely to pay for your car insurance based on your age.
Why are cars in group 2 some of the cheapest to insure?
Cars in insurance group 2 are usually the cheapest cars to insure, because they score well in a number of factors that determine which group the car will fall into. These factors include:
- Good security and safety features
- Inexpensive to source parts and make repairs
- Low market value
- Smaller engine size
- Low repair times
- Easy to source parts for replacement
Which other factors affect your car insurance premium?
Along with your car’s insurance group, these three factors have the biggest impact on the cost of your insurance:
- Engine type and capacity. The bigger your engine, the more you’re likely to pay for insurance. With a smaller engine, you’re likely to be seen as less risk to an insurer and this is usually reflected with a lower premium.
- Driver location. Insurers factor in the likelihood that your car will be stolen or involved in an accident when calculating your insurance, and your location has a big impact on this. As an example, a 30-year-old in central London will pay £678 for insurance for a Volkswagen Up 1.0 Up White 3d, while the same 30-year-old in Newcastle may only pay £582.
- Driver age. Like location, the age of the driver plays a huge role in determining the cost of your insurance premium. The average 20-year-old driver in London could pay £1,178 for the Toyota Yaris Icon Tech 1.0 VVT-i (05/18-) 5d, while the average 40-year-old Londoner will only pay £617.
However, there are a lot of other factors that can also impact the price of your premiums. These include:
- Your marital status
- Your credit history and job
- Your car’s safety rating, security and anti-theft precautions
- Likelihood of theft
- The model and age of your car
- Your driving activity
- Your driving history
- No claim discount
How can I save on my car insurance premiums?
Choosing a car in insurance group 2 is a good way to keep the cost of your car insurance down. Thankfully, there are a few other things you can do to reduce your car insurance premium, and we’ve listed them below:
- Avoid any driving convictions. It may sound obvious, but having convictions on your record will make your premium more expensive.
- Be economical about your car usage. You could save money on your insurance by being more sparing with your car usage. Opting for public transport or walking when you can will help keep your mileage, and premium, lower.
- Pay annually rather than monthly. By paying annually, you often end up with a much cheaper deal as you won’t have interest to pay on your monthly instalments.
- Install extra safety precautions. The safer you make your car, the better your premium will be. By investing in extra safety features, your vehicle will be more secure and less of a risk to insure.
- Don’t just accept your renewal quote. When it’s time for renewal, make sure you compare your options – you’ll be surprised at how much you could save by assessing your options.
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