Skoda Karoq insurance group
Compare car insurance costs for your Skoda Karoq based on your age and location.
The Skoda Karoq is a small entry-level SUV that offers plenty of room. In general, it’s affordable to run and insure. In this guide, we take a closer look at the average insurance costs based on the specific model version and the demographics of the driver.
What insurance group does the Skoda Karoq fall under?
All vehicles are assigned a specific insurance group that ranges from 1 (cheapest to insure) to 50 (most expensive). These groups help insurers to determine a suitable premium to set for each vehicle on the road. Skoda Karoq models can be found in insurance groups ranging from 10 to 22, meaning the car insurance will be on the cheap side.
However, the costs will vary depending on your choice of Skoda Karoq model, the factors related to it and what groups it falls under. As an example, a 30-year-old driver in an average postcode could pay around £721 for cover on a Skoda Karoq SE Drive 1.0 TSI 115PS 5d that is in insurance group 10 or around £830 for a Skoda Karoq SportLine 2.0 TSI 190PS 4×4 DSG auto 5d that is in insurance group 22. From this comparison, we can see the impact on premium pricing when one car is in a much higher insurance group.
Skoda Karoq insurance cost by location
You can use the table above to discover the average cost of Skoda Karoq insurance, based on its insurance group and the driver’s age. However, there are other factors affecting the cost of your car insurance premium.
Your location is one of the most significant of these factors.
To show the potential influence of your home address, we have pulled together some average quotes for a 30-year-old living in three different locations. The quotes are for a Skoda Karoq 1.5 TSI SE Technology 4×4 DSG 5d.
- Expensive: £895 (London SE1)
- Average: £756 (Newcastle NE1)
- Cheap: £549 (Galashiels TD1)
Which factors affect my Skoda Karoq 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. As a general rule, the larger the engine in your vehicle, the more you expect to pay to insure it. For example, it may cost £855 to insure a Skoda Karoq SE Drive 1.0 TSI 115PS 5d, while you may pay £974 for a Skoda Karoq SportLine 2.0 TSI 190PS 4×4 DSG auto 5d. That’s an extra £119 per year for a Skoda Karoq with an engine that is 1 litre bigger.
- Driver location. Where you live helps insurers to determine the risk of your car being stolen or involved in an accident. If you live in an area where this is more likely to happen, your insurer will raise your premium to compensate for this. For example, a 30-year-old in central London may pay £932 for insurance for a Skoda Karoq SE L 1.5 TSI ACT 150PS 4×4 DSG auto 5d, while the same 30-year-old in Newcastle may only pay £781. That’s a £151 difference, purely because motorists in London are more likely to claim on their car insurance.
- Driver age. The youngest drivers represent a bigger risk to insurers, because they are the most likely to claim on their policies. That’s why they are charged far more. The average 20-year-old driver in London may pay £1,648 for the Skoda Karoq Edition 2.0 TDI 150PS 4×4 DSG auto 5d, while the average 40-year-old Londoner will only pay £863. In this scenario, the average 20-year-old would have to pay almost double to insure a Skoda Karoq, such is the added risk they present to insurers.
Other factors that influence the cost of your insurance include:
- Your car’s safety rating score
- The model and age of your car
- Your car’s security and any extra anti-theft precautions
- Your annual mileage
- Your driving history and activity, including your no-claim discount
- Your marital status
- Your credit history and job
How can I save on my Skoda Karoq premium?
When hunting for car insurance, you’ll want to find the best deal for a price that’s within your budget. Here are some ideas you can try to lower the cost of your premium.
- Reduce your annual mileage. Occasionally deciding to walk or getting public transport, rather than using your car, can help to save on your premium.
- Pay annually rather than monthly. Paying annually eliminates the possibility that you’ll be charged interest on your monthly instalments.
- Install extra safety precautions. As a general rule, the safer you can make your car, the less you’ll pay to insure it.
- Shop around for the best deal using price comparison websites. Don’t blindly settle for the renewal price given to you – there may be cheaper options out there!
For an SUV of its size, the Skoda Karoq is relatively cheap to insure. Better yet, the tips in this guide will help you to cut your premiums even further.
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