Cheapest cars to insure in 2020

Written by Marc Murphy

Insurance. The very word… it always takes the lustre off choosing a new car. Not only do you have to budget for the monthly rentals but how much it’s going to cost to insure your lovely new car.

But insurance – alas! – is a fact of motoring life. We all need it, and you’ll need comprehensive insurance for a lease car.

But don’t despair: choose a cheaper car to insure, combined with the benefits of leasing, and then you’re onto a winner.

How does insurance work, then?

Thatcham Research, established by the motor industry in 1969 to help reduce the cost of insurance claims, categorises cars into one of 50 group ratings. 1 is the cheapest and – we’re sure you’re ahead of us on this one – 50 is the dearest. Yes, of course you were.

The rating will depend on a variety of factors, including the total cost of the car, availability and cost of spare parts and repair, along with safety items fitted as standard.

You’ll also notice some letters after the insurance rating, such as 16E.

There are five in total – A, D, E, U, P, G. These refer to the level of security provided on the vehicle.

The ones to look out for are A (standard for the group) and E (exceeds the group standard, so the rating has been reduced).

The ones to avoid are D (does not meet security standards for the group), U (security unacceptable) while P is a provisional rating and G is an import (which you won’t be able to lease from us anyway).

So the cost of your chosen car insurance will vary depending on all of the above. Don’t forget you can always check the insurance grouping of your chosen car before you lease by looking at the technical specification tab under the main features of the car you want on our website.

To give you an idea of the cheapest cars to insure when you’re leasing, we’ve chosen a variety of different styles of car.

So here’s our top five cheapest cars to insure. What do you think?

  1. Skoda Fabia
  2. Volkswagen Golf
  3. Renault Captur
  4. Hyundai IONIQ
  5. Ford Focus Estate

Cheapest car to insure

If you want the very cheapest car to insure on a lease, then you’re looking at a category 1 car. Typical is the Skoda Fabia, with a rating from 1. You’ll have a vastly practical runaround and you’ll be quids in on the insurance. Value motoring doesn’t come better than this..

Cheapest family car to insure

How about leasing a Volkswagen Golf? That would suit any family with the car’s solid engineering, unfussy nature and satisfyingly good drive. What’s more, the family five-door hatchback Golf has an insurance rating that starts from 15 – so it won’t bust the family budget. Either catch the current lease deals on the Golf or wait for the new Mk8 which will be along soon.

Cheapest SUV to insure

You would expect SUVs to be fairly expensive to insure – they are bigger all round and generally more costly to run. But there are some real insurance bargains out there, like the Renault Captur we found in group 9. The compact SUV looks smart, is admirably refined to drive and has a ride that copes with most potholes in its stride. Click here if you fancy leasing a Captur.

Cheapest electric car to insure

If you decide that going electric to save on fuel bills, along with the environment, is your next step, then you’ll appreciate that you don’t want your green decision to cost you your running cost savings in insurance. And the good news is that there are several electric cars with low insurance ratings. For example, the new MINI E has an 18 rating, while the British built Nissan Leaf is rated at 21. But after looking through our data we’ve picked the Hyundai IONIQ hatchback with its 16 rating. With the IONIQ you’ll get a practical five door hatchback, wonderfully relaxed and quiet running, and an almost 200 mile range from its 38kWh battery.

Cheapest estate car to insure

There’s a great choice of cheap to insure estate cars – the sort that are based on the family hatchback but with a larger carrying capability. Typically there’s the Peugeot 308 SW, the Vauxhall Astra Sports Tourer, or Skoda Octavia Estate, but our winner is the Ford Focus Estate which has a brilliant 8 rating. A Focus is always a great drive, with assured handling and low running costs. And with a 1650 litre boot space available to you when the rear seats are folded, plenty of carrying ability. If this sounds like the sort of estate car for you, have a look at our Focus Estate lease rentals here.

Lease a cheap to insure car with confidence

So there you have it – a range of great cars you can lease without costing you a fortune to insure.

Remember it’s important to budget for the insurance cost when you are leasing a car – don’t put all your budget in the leasing rental just because you can oh-so-nearly-just-about-afford-it. You’ll have to budget for maintenance too.

But our trained leasing experts can help you with all this: call us on 0344 387 2727 and we’ll guide you to the lease car that’s just right for you and your budget – and you’ll get the car you deserve.



This entry was posted in Other on by Marc Murphy

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