Insurance quotes & Insurance Groups.

VsUK

I currently have a 2004 Mazda 2 Sport 1.6 Hatchback Petrol. I passed my test at 38 in 2019 as I had no need for a car until then. I had insurance as a learner in my car & passed, and my insurance has always been below £600. My cars insurance group is 12.

Recently I've been looking for a newer car as my car is starting to cost more to maintain than it's value. I've seen a few cars all 12 or lower. Like one Skoda Yeti 1.2 Petrol which is a 9. It's a 2013 model in very good condition & I put it through the insurance comparison sites & I can't get anything below £1,000 a year. Yet I saw a Dacia Duster 2013 2.0 Diesel very good condition, insurance group 15 & the comparison sites gave me quotes around £800. 

I doubled checked as I heard prices are changing & my insurance is up for renewal & I've just been quoted £547 for my renewal. 

So why are cars less powerful than my current more expensive, than cars more powerful which are cheaper than the group 9 car? 

I always check my insurance quotes before buying, because I don't want to think I've a bargain & find out my insurance has doubled. Just so damn bloody frustrating, why cant it be more simpler. 

Hoenir

Newer , greater value. More expensive to repair.  

Pay your premium in full upfront rather than spreading over 12 months. 

BarelySentientAI

Insurance group isn't the only risk factor or measure of cost.

Mark_d

Insurance groupings account for a lot of things, including how much damage you would do to anything you hit, and also cost & labour for damage to your car.  You Mazda 2 would be fairly light (as cars go) and wouldn't put much of a dent in my Range Rover.  It would also be very simple and cheap to fix/replace parts of your car which would get damaged in collision.

A Skoda Yeti is a much heavier car than your Mazda 2 and would therefore do more damage to anything it hits.  The cost of replacing headlights, door mirrors etc. on the Skoda would also be a lot more than replacing the parts on your Mazda, because of the technology that's inside modern car parts.

If you want to get a newer car I used to love my Seat Ibiza when I had it.  Insurance is on the cheaper side but the key here is to haggle with the insurance company every year, to keep the costs as low as they can be.

DullGreyGuy

There is another factor... what sort of person drives this car?

It isn't impacted in the insurance group but does very much impact the premium you'd pay. For us a group 50 car which cost over 3 times of the alternative vehicle group 24 but the lower group car was to be £300 more a year. The cheaper car was a luke warm hatchback which inevitably is going to attract boy racers irrespective of age, whilst the other car had much better performance (no surprise for a group 50) ownership isn't going to be with the same sort of people.

Never heard Thatchams using damage to others as part of their calculations... it's always been repairs to the vehicle itself as what you hit will make much more difference.