Renault Modus insurance group
Compare car insurance costs for your Renault Modus based on your age and location.
The Renault Modus offers all the positive qualities of the Renault Clio coupe, while adding extra space for passengers and in the trunk. What’s more, it’s pretty much just as affordable to buy and run. In this guide, you’ll learn how much it costs to insure based on your age and location.
What insurance group does the Renault Modus fall under?
All vehicles are given a specific insurance group, ranging from 1 (cheapest) to 50 (most expensive), which helps insurers determine how much to charge for car insurance. These groups are based on how much it’s likely to cost the insurer to cover this car. Renault Modus vehicles can be found in insurance groups ranging from 5 to 14, meaning the car insurance will be on the cheap side.
However, the costs may vary slightly, depending on your chosen model and what group this fits in. As an example, a 30-year-old driver in an average postcode could pay around £672 for cover on a Renault Modus 1.2 Authentique 5d that is in insurance group 5 or around £743 for a Renault Modus 1.6 Privilege 5d that is in insurance group 12. This is a good comparison of the premiums that can apply when one vehicle is in a much higher insurance group.
Renault Modus insurance cost by location
The table above allows you to see the average cost of Renault Modus insurance, based on insurance groups and driver age. However, there are many other factors that affect the cost of your car insurance premiums.
Your location is one of the most significant of these factors. 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 Renault Modus 1.4 Oasis 5d.
- Expensive: £836 (London SE1)
- Average: £700 (Newcastle NE1)
- Cheap: £505 (Galashiels TD1)
Which factors affect my Renault Modus insurance rate?
Here are some more key factors that have a significant impact on your insurance premium costs:
- Engine type and capacity. In general, you can expect to pay more to insure vehicles with larger engines. For example, it may cost £805 to insure a Renault Modus 1.2 Authentique 5d Euro 4, while you may pay £879 to cover a Renault Modus 1.6 Maxim 5d Auto. That’s a £74 difference per year for an engine that’s 0.4 litres bigger.
- Driver location. Where you live helps insurers determine the risk of your car being stolen or involved in an accident. If you live in an area where motorists are more likely to claim, you’ll pay more for your premiums. As an example, a 30-year-old in central London may pay £865 for insurance for a Renault Modus 1.6 Dynamique 5d, while the same 30-year-old in Newcastle may only pay £731. This price difference occurs because Londoners are far more likely to claim on their car insurance than motorists living in Newcastle.
- Driver age. The youngest drivers are most likely to claim on their car insurance, and that’s why they are charged far more. For example, the average 20-year-old driver in London may pay £1,557 for the Renault Modus 1.6 Initiale 5d, while the average 40-year-old Londoner will only pay £815. In this example, the average 20-year-old would have to pay almost double for Renault Modus insurance compared to a 40-year-old. This level of difference can apply for cheaper and more expensive cars too.
Other factors that influence the cost of your insurance include the following:
- Your marital status
- Your credit history and job
- Your car’s safety rating score
- The model and age of your car
- Your car’s security
- Your car’s extra anti-theft precautions
- Annual miles driven
- Your car usage
- Your no claims discount
How can I save on my Renault Modus premiums?
When searching for car insurance, it’s in your best interests to track down the cheapest deal you can. Thankfully, there are a number of tricks you can try to lower the cost of your premium, and we’ve listed some of the best ones below.
- Limit your car usage (where possible). Insurers will ask for your annual mileage when you apply for car insurance. If you can lower yours by using your car less often, it can help to save on your premiums.
- Pay annually rather than monthly. While it’s not always possible to pay for a year’s worth of car insurance in one go, you’ll usually save money by doing so. This is because a lot of insurers charge interest on monthly insurance payments.
- Install extra safety precautions. The safer you can make your car, the less of a risk it will be for companies to insure. That’s why insurers will often reward you with lower premiums when you install additional safety precautions.
- Don’t blindly accept your renewal quote. Make sure to use price comparison websites to shop around for the best deal every year. There may be cheaper options offered by other insurers.
The Renault Modus is a great family car, which provides great value for money, including insurance costs. Better yet, the tips in this guide will help you reduce your premiums even further.
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