Many factors determine how cheap you car insurance quote will be. Some of them you an do something about, others not.

It is important to tell the truth when filling out your risk details online or giving them over the phone. Failing to do his could mean that your insurance policy is null and void. There is no point in having a cheap car insurance quote if it doe not do what it says on the tin!

Here is a list of bullet points of risk factors that affect your premium:

  1. Your car and its make, model, engine size, age and value
  2. How long you have owned your car if it is a higher performance model
  3. Your age
  4. How long you have held your licence
  5. Your postcode
  6. Whether you are on the electoral roll at your postcode and how good your past credit rating is
  7. Your occupation
  8. How much No Claims Bonus or No Claims Discount you have
  9. How many miles you drive a year 
  10. Your occupation
  11. Your voluntary excess i you choose Comprehensive cover
  12. Whether you have had any accidents or claims withing the past 5 years
  13. Whether you have had any motoring convictions within the past 5 years

Some of the risk factors above cannot be altered but many can. Here we will go through them one by one.


Your car

How much your car affects your insurance premium depends very much on how old your are, how long you have held you licence and many of the other risk factors above.

If you are under the age of 21 then is is usually a good idea to choose a car with a smaller engine and not one of the sports models. Here is a list of some of the cheapest cars to insure:

  • Ford KA
  • Ford Fiesta
  • Chevrolet Spark
  • Hyundai i10
  • Citroen C1
  • Renault Twingo
  • Vauxhall Corsa
  • Volkswagen Up
  • SEAT Mii
  • Dacia Sandero 
  • Skoda Citigo

Even if you choose one of the cars in the list above, it is still important to go for one of the smaller engine, lower performance models.

The reason that a higher performance model can push up your premiums is that these cars are responsible for more and higher value claims when in the hands of a young and or inexperienced driver. Once you have a year or more driving with insurance in your own name and no claims you can start to move up the performance league should you wish.

If you are in the position of being able to afford to insure a higher performance car then there are a few things that you should consider.

Run quotes through for a variety of makes and models; some cars attract people with a 'boy racer' mentality and yes, girls can be boy racers too, and the insurance companies know which these are and set the premiums accordingly.

Length of ownership of a higher performance car matters. The insurers realise that if you have been driving a higher performance car for a year or more without any claims or convictions then you are less likely to have an accident with it. If you are changing your car from one higher performance model to another then it may well be worth phoning insurers to see if they will take your length of ownership of previous cars into consideration. To test this, temporarily change the length of time that you have owned the car online and see what happens to the premium. If it goes down then it is worth making that call. Don't forget to change it back before buying though!