Honda S2000 insurance group

The Honda S2000 is a convertible sports car, which has been turning heads ever since its release in 1999. In this guide, you’ll discover how much it could cost to insure a Honda S2000 based on your age and location.

Why choose a Honda S2000?

There are better sports cars out there, but if you’re excited to drive a “classic”, you won’t go wrong with this vehicle. There’s every chance you can pick up a second-hand model at a reasonable price too.

What insurance group does the Honda S2000 fall under?

All vehicles are assigned a specific insurance group that ranges from 1 (cheapest to insure) to 50 (most expensive). These groups help car insurance companies determine a suitable premium for you. A Honda S2000 can be found in insurance groups 40 to 44, meaning the car insurance will be on the expensive side.

However, the costs may vary depending on your chosen model of Honda S2000, and what insurance group it falls in. As an example, a 30-year-old driver in an average postcode could pay around £1,018 for cover on a Honda S2000 2.0i 2d that is in insurance group 40 or around £1,096 for a Honda S2000 2.0i GT Edition 100 2d that is in insurance group 44.

• How we got these rates

  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: March 2021 (source: Quotezone).

Honda S2000 insurance cost by location

The table above allows you to see the average cost of insuring a Honda S2000 based on insurance groups and driver age. However, there are many other factors that affect the cost of your car insurance premiums, one of the biggest being your location.

To show the influence of your home address, we have generated some average quotes for a 30-year-old living in three different locations. The quotes are for a Honda S2000 2.0i GT 2d.

• Expensive: £1,216 (London SE1)
• Average: £1,018 (Newcastle NE1)
• Cheap: £763 (Galashiels TD1)

• How we got these rates

  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: March 2021 (source: Quotezone).

Which factors affect my Honda S2000 insurance rate?

Along with the insurance group, there are a number of key factors that have a big impact on your insurance premium costs:

• Engine type and capacity. In general, the bigger the engine, the higher the cost of your insurance. However, in this scenario, all models of the Honda have a 2.0-litre engine, so there is no need to compare this factor here.
• Driver location. Based on previous data, insurers will determine the likelihood of someone living in your neighbourhood making a claim on their policy. If you live in an area where motorists are likely to claim, your premium may be higher than normal. As an example, a 30-year-old in central London may pay £1,216 for insurance for a Honda S2000 2.0i 2d, while the same 30-year-old in Newcastle may only pay £1,018. This difference occurs because Londoners are statistically more likely to make a claim than those living in Newcastle.
• Driver age. The youngest drivers have to pay a lot more to insure their vehicle because they are statistically far more likely to make a claim on their policy. As an example, the average 20-year-old driver in London may pay £2,115 for the Honda S2000 2.0i 2d Alarm, while the average 40-year-old Londoner will only pay £1,108. As you can see, the average 20-year-old would have to pay almost double to insure a Honda S2000, and this is often the case for other vehicles too.

Other factors that influence the cost of your insurance include the following:

• Your marital status
• Your credit history
• Your occupation
• Your car’s safety rating score
• The model of your car
• The age of your car
• Your car’s security
• Your car’s anti-theft precautions
• Your annual mileage
• Your driving history and activity
• Your no claims discount

How can I save on my Honda S2000 premiums?

Car insurance may be a compulsory purchase for vehicle owners, but it doesn’t have to break the bank. There are various actions you can take to keep your car insurance costs down, and we’ve listed them below.

• Limit your car usage (where possible). If you’re able to lower your annual mileage, you’ll be perceived as a lower risk to insurers and receive a discount on your premiums.
• Pay annually rather than monthly. By paying annually, you eliminate the chance of being charged interest on monthly premiums.
• Install extra safety precautions. The safer your car is, the less of a risk it will be for companies to insure. That’s why you’ll often be able to lower your premium by adding extra safety measures.
• Don’t just accept your renewal quote. Although it might be time consuming, make sure you shop around for the best car insurance deal every year using price comparison websites. You’ll often be able to save a ton of money by switching insurers every year.

Bottom line

The Honda S2000 is a beautiful sports car with impressive performance. With cars like this, your insurance premiums can raise sky-high, but the tips in this guide can help you cut the costs of your insurance somewhat.

Frequently asked questions

• What is the top speed of a Honda S2000?

  A Honda S2000 can potentially reach speeds of 149 miles per hour, depending on the model version.

• Is the Honda S2000 safe?

  The Honda s2000 received a four-star rating out of five when it was crash-tested by Euro NCAP in 2002. This rating was based primarily on how well it protects adult occupants during a crash.

• How much car tax do I have to pay for the Honda S2000?

  The UK standard car tax rate sits at £145 per year. However, you might pay more or less depending on your car’s emissions.

• Where can I buy a Honda S2000?

  You can buy a Honda S2000 at dealerships, online sellers or from current owners across the UK.

• What engine size is the Honda S2000?

  All Honda S2000 models are fitted with a 2-litre engine.

• Is the Honda S2000 any good?

  It’s a fantastic vehicle. You’d have to be an extremely fussy motorist to deny that. Sure, newer sports car models might provide an even more exhilarating experience, but there is little to complain about here.

• Where can I find Honda S2000 car insurance?

  You can compare the costs of Honda S2000 car insurance using any price comparison website.

• Is a Honda S2000 expensive to insure?

  Yes. You’ll find the Honda S2000 in insurance groups ranging from 40 to 44. That means it will cost a lot more to insure than the average vehicle.