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Cheap Car Insurance UK

Compare the cheapest car insurance quotes from leading UK providers. Find out how to reduce your premium and get the cover you need at a price you can afford.

Finding genuinely cheap car insurance in the UK requires more than just picking the lowest quote. The cheapest policy is the one that gives you adequate cover at the best price — and the only reliable way to find it is to compare quotes from multiple insurers. According to the FCA, drivers who shop around save an average of £120–£250 per year, with some saving considerably more depending on their circumstances.

Since the FCA banned the “loyalty penalty” in January 2022 (under General Insurance Pricing Practices rules), insurers can no longer charge existing customers more than new ones for the same cover. This was a significant win for consumers, but it does not mean all policies are priced equally. Factors like your postcode, vehicle, driving history, occupation and even your job title still create wide variations between quotes. Comparing remains the single most effective way to find cheap car insurance.

Comparison table: ways to get cheaper car insurance

Method Potential Saving Effort Notes
Compare quotes online £120–£250/yr Low Use comparison services and check direct-only insurers (e.g. Direct Line, Aviva)
Increase voluntary excess 10–15% Low Only increase to an amount you can genuinely afford to pay
Build no-claims bonus Up to 65% Time Each claim-free year adds discount; protect it for a small extra cost
Choose a lower insurance group car 20–40% Medium Groups 1–10 are cheapest; check before buying a new vehicle
Pay annually £100–£200 Low Monthly payments include interest at 15–30% APR
Add experienced named driver 5–15% Low Must be a genuine regular driver — “fronting” is illegal
Reduce annual mileage 5–10% Low Be accurate; under-declaring can invalidate your policy
Improve vehicle security 5–10% Medium Thatcham-approved alarms and immobilisers, off-street parking
Use telematics (black box) Up to 30% Low Best for young or new drivers; rewards safe driving habits
Compare 21 days early Varies Low MoneySavingExpert data shows this is the sweet spot for cheapest quotes

What to look for in a cheap car insurance policy

The cheapest quote is not always the best value. Before buying a policy based purely on price, check these key factors:

Cover level

Make sure the policy provides the level of cover you actually need. Comprehensive is the most protective and, counterintuitively, is often cheaper than Third Party Only. Insurers view drivers who choose Third Party Only as higher risk, which can inflate the price. Always compare all three cover levels.

Excess amounts

Check both the compulsory excess (set by the insurer) and your voluntary excess. A very low premium might come with a £1,000+ total excess, which could leave you significantly out of pocket after an accident. The FCA recommends ensuring you can comfortably afford your total excess before buying.

Policy exclusions

Read the key facts document carefully. Common exclusions include driving abroad, windscreen cover, courtesy car, and cover for modifications. If you need any of these, check they are included or available as add-ons before committing.

Claims handling

Cheap insurance is only good value if the insurer pays out when you need them. Check independent review sites and the Financial Ombudsman Service complaints data to gauge an insurer’s claims handling reputation. A slightly more expensive policy with a well-rated insurer may be better value in the long run.

Pros and cons of cheap car insurance

Pros

  • Lower monthly or annual outgoings
  • Legal minimum cover met at reduced cost
  • More budget available for other expenses
  • FCA pricing rules mean quality need not suffer
  • Telematics rewards safe drivers with ongoing savings

Cons

  • May include higher excess amounts
  • Could lack useful extras (courtesy car, breakdown)
  • Some budget insurers have poor claims records
  • Third Party Only may actually cost more than Comprehensive
  • Lowest price might require telematics or restricted driving hours

How the FCA loyalty penalty ban changed cheap car insurance

Before January 2022, insurers routinely charged loyal customers more at renewal than they charged new customers for identical cover. The FCA’s General Insurance Pricing Practices (GIPP) rules put a stop to this, requiring insurers to offer renewal prices no higher than the equivalent new business price.

This has been broadly positive for consumers. According to the FCA’s own review, 6 million policyholders who previously paid a loyalty penalty have benefited. However, it has also meant that some new-customer discounts have been reduced, making the gap between the cheapest and most expensive quotes narrower. Despite this, comparing still yields meaningful savings because insurers use different risk models and different panels of underwriters.

Cheap car insurance by driver type

Different driver profiles face very different pricing. Here is how to approach finding cheap cover for common situations:

Young drivers (17–24)

This group faces the highest premiums in the UK, averaging £1,450–£2,400 per year. Telematics (black box) policies are often the cheapest route, with insurers like Marmalade, Veygo and ingenie specialising in this market. Adding a parent as a named driver (not the main driver — that would be fronting) can also help. See our young drivers insurance guide for more.

Experienced drivers with no-claims

If you have five or more years of no-claims bonus, you are in a strong position. Protect your NCD and compare widely — the difference between the cheapest and most expensive quote for experienced drivers can still be £200+. Consider multi-car policies if you have more than one vehicle in the household.

Drivers with convictions or claims

Specialist insurers cater to drivers with points, convictions or previous claims. While premiums will be higher, comparing across specialists (such as Adrian Flux or Hastings) can still reveal significant variation. A spent conviction (over five years old) does not need to be declared.

Low-mileage drivers

If you drive fewer than 5,000 miles per year, pay-per-mile insurance from providers like By Miles could be cheaper than a traditional annual policy. You pay a daily rate plus a per-mile charge, which rewards low usage.

Tip: never lie to get a cheaper quote
Under the Consumer Insurance (Disclosure and Representations) Act 2012, you must answer all questions honestly and to the best of your knowledge. Providing false information (such as a different address, incorrect mileage or failing to declare modifications) is fraud and can result in your policy being voided, claims being refused, and difficulty obtaining insurance in the future.

How to compare cheap car insurance

To get the most accurate and competitive quotes, follow these steps:

  1. Gather your details — You will need your vehicle registration, driving licence number, claims and convictions history for the last five years, and details of any named drivers.
  2. Compare at least 21 days before renewal — Data from MoneySavingExpert consistently shows this is the optimal time to compare for the cheapest prices.
  3. Check comparison sites and direct insurers — Not all insurers appear on comparison sites. Direct Line, Aviva and some specialist providers only quote directly, so check their websites too.
  4. Try different cover levels — Get quotes for Comprehensive and Third Party Fire and Theft. Comprehensive is often cheaper.
  5. Adjust your voluntary excess — Try £250, £500 and £750 to see how each affects the price. Find the balance between lower premiums and affordable excess.
  6. Check the policy details — Before buying, read the key facts to understand what is and is not covered.
Interactive tool

Excess vs Premium Calculator

Your voluntary excess is the amount you agree to pay towards any claim on top of the insurer's compulsory excess. Increasing it reduces your premium — but it also means paying more out of pocket if you need to claim. Use this tool to see the trade-off.

£0 £250 £500 £750 £1,000
Premium you pay £750 If you claim (your out-of-pocket cost) £500 You save £50/year on premiums
Estimated annual premium: £750
Annual saving vs £0 excess: £50
Total excess if you claim: £500

These figures are illustrative estimates based on typical industry data. According to MoneySavingExpert, increasing voluntary excess from £0 to £500 typically reduces premiums by 15–25%. The compulsory excess (usually £200–£350, set by the insurer) is added on top of your voluntary excess when you claim. Consider whether you could comfortably afford the total excess amount before increasing it. The FCA advises that you should never set an excess higher than you can afford to pay.

Money-saving guide

15 ways to cut your car insurance

There is no single trick to cheap car insurance — the biggest savings come from combining multiple strategies. Here are 15 proven methods, roughly ordered by potential impact, based on data from the ABI, FCA and MoneySavingExpert.

  1. 1 Compare quotes every year, 21 days before renewal

    This is the single most impactful step. The FCA found that drivers who compare save £120–£250 per year on average. The 21-day window is consistently identified by MoneySavingExpert as the sweet spot for the cheapest quotes. Check comparison sites and direct-only insurers like Direct Line and Aviva.

  2. 2 Choose a car in a low insurance group (1–10)

    Your vehicle is one of the biggest rating factors. Moving from group 20 to group 5 can cut premiums by 20–40%. Check the insurance group before buying any car — use the Thatcham Research lookup tool.

  3. 3 Build and protect your no-claims bonus

    Each claim-free year earns a discount. After five years, you could save up to 65% off the base premium. NCD protection costs around £20–£60 extra per year and prevents you losing your discount after one or two claims.

  4. 4 Increase your voluntary excess (carefully)

    Raising your voluntary excess from £100 to £500 typically saves 15–25% on your premium. But only increase to an amount you can genuinely afford. Use the calculator above to find your ideal balance.

  5. 5 Pay annually, not monthly

    Monthly payments include interest at 15–30% APR, adding £100–£200 to the total cost over a year. If you can afford the lump sum, paying annually is always cheaper.

  6. 6 Add an experienced named driver

    Adding a parent, partner or experienced family member as a named driver can save 5–15%. They must be a genuine occasional driver — listing someone as the main driver when they are not is fronting (fraud).

  7. 7 Try comprehensive cover, not just third party

    Comprehensive is often cheaper than third-party only because insurers view TPO buyers as higher risk. Always get quotes for all cover levels before deciding.

  8. 8 Reduce your annual mileage

    Lower mileage means lower risk. Reducing from 12,000 to 8,000 miles per year can save 5–10%. Be accurate though — underestimating your mileage can invalidate your policy.

  9. 9 Consider telematics / black box insurance

    If you are a safe driver, telematics can save up to 30%. Particularly effective for younger drivers. Your driving is monitored, but good habits are rewarded with lower premiums at renewal.

  10. 10 Park off-street or in a garage

    Cars parked on a driveway or in a garage are cheaper to insure than those parked on the street. A garage provides the biggest discount because it reduces theft and weather damage risk.

  11. 11 Improve your vehicle security

    Thatcham-approved alarms and immobilisers can reduce premiums by 5–10%. Steering wheel locks and tracking devices also help, particularly for higher-value vehicles.

  12. 12 Check your job title description

    Different descriptions of the same job can produce different quotes. “Kitchen manager” vs “chef”, “office administrator” vs “secretary”. Use the most accurate description that legitimately fits your role.

  13. 13 Remove unnecessary add-ons

    Breakdown cover, legal expenses, key cover and courtesy car are often added automatically. Remove any you do not need, or buy them separately for less (breakdown cover from the AA or RAC is often cheaper than through your insurer).

  14. 14 Avoid modifications

    Even cosmetic modifications (alloys, body kits, tinted windows) can increase your premium. Performance modifications (exhaust, ECU remap, turbo) will increase it substantially. If your car is already modified, you must declare everything — undeclared mods can void your policy.

  15. 15 Consider a multi-car policy

    If your household has more than one vehicle, a multi-car policy can save up to 20%. All cars are covered under one policy with a single renewal date. Compare multi-car quotes alongside individual policies to see which works out cheaper.

Frequently asked questions

Third Party Only is the most basic level, but Comprehensive is often cheaper in practice. Insurers view TPO buyers as higher risk, inflating their premiums. Always compare all three levels to find the cheapest for your specific profile.

According to the FCA, drivers who compare and switch save an average of £120–£250 per year. Savings can be considerably higher for drivers who have been auto-renewing with the same insurer for several years.

Generally yes — increasing from £100 to £500 typically reduces your premium by 10–15%. But you must be able to afford the excess if you claim. Setting it too high could leave you unable to use your policy when you need it.

Paying annually is almost always cheaper. Monthly payments involve credit at 15–30% APR, adding £100–£200 to the total cost over a year. If you can afford the lump sum, pay annually and save.

Cars in insurance groups 1–5 are cheapest to insure. The Volkswagen up!, Toyota Aygo, Hyundai i10, Citroen C1 and Fiat Panda are consistently among the cheapest. Look for small engines (1.0L), good safety ratings and Thatcham-approved security. Avoid modifications, even cosmetic ones, as they can push premiums up.

Some insurers offer a small discount (typically 5–10%) for having a dashcam fitted, as footage helps resolve claims more quickly and reduces fraud. Even without a direct discount, dashcam evidence can protect your no-claims bonus by proving you were not at fault in an accident.

Points on your licence will increase your premium, but you can still find competitive quotes by comparing widely. Specialist insurers like Adrian Flux and Hastings cater to drivers with convictions. Three points for speeding typically adds 5–10% to your premium. Points remain on your licence for 4 years and need to be declared to insurers for 5 years.

Multi-car policies can save up to 20% compared to insuring vehicles separately. They work best when all drivers have clean records and the cars are in similar insurance groups. However, always compare the multi-car quote against individual policies from different insurers — sometimes separate policies work out cheaper overall.

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