With the typical price of annual automotive insurance coverage hitting a file excessive of £924 final month, extra drivers are contemplating switching to borrowing autos as a substitute, claims a number one non permanent automotive insurance coverage supplier.
In response to Cuvva, UK drivers purchased greater than 2.5 million short-term insurance policies final 12 months by way of its app.
Now Cuvva has analysed the one-hour insurance policies offered (greater than 600,000) to uncover which automobiles are the most cost effective to insure for an hour with non permanent automotive insurance coverage.
On common, every of those automobiles might be insured for lower than £13 an hour. And whereas the Ford Ka is available in as the most cost effective automotive to insure, there are additionally some bigger and extra premium automobiles among the many High 10.
Momentary automotive insurance coverage lets drivers borrow automobiles from family and friends rapidly and easily, so there’s no want for drivers to personal a automotive in an effort to drive one. As a separate complete coverage, the automotive proprietor’s insurance coverage and no claims bonus is protected if one thing had been to occur.
High 10 most cost-effective automobiles to insure with non permanent insurance coverage
- Ford KA – £12.05/hr
- Fiat 500 – £12.15/hr
- Mini One – £12.16/hr
- Citroen Berlingo – £12.30/hr
- Citroen C1 – £12.31/hr
- Vauxhall Meriva – £12.36/hr
- Kia Sportage – £12.48/hr
- Volkswagen Touran – £12.50/hr
- Peugeot 107 – £12.53/hr
- Mini Cooper – £12.56/hr
“Increasingly drivers are selecting to borrow automobiles from family and friends to get round as a result of it’s reasonably priced,” mentioned Darryl Bowman from Cuvva.
“The kind of automotive you select to drive could make an enormous distinction to the worth you pay to your insurance coverage too.”
