Car insurance group 49 | List of cars & average insurance costs (2024)

What is insurance group 49?

Insurance group 49 cars are among the most expensive cars to insure.

With insurance groups ranging from 1-50, vehicles in group 49 will cost you a lot to insure. The cars that fall into this group usually have a high market value, large powerful engines and parts that are expensive to replace.

However, there are also a number of other factors that insurers take into account, such as your age, driving history and location.

Car makes and models in insurance group 49

Here are some of the more popular cars in insurance group 49. These are among the most expensive vehicles to insure.

Cars in group 49 and the average cost of insurance by driver’s age

With the table below, you can find your chosen model of car and estimate how much it will cost to insure, based on your age.

• These rates are based on the average cost of cover for cars in the insurance groups shown, for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: March 2021 (source: Quotezone).

What other factors affect your car insurance premium?

Along with your car’s insurance group, these three factors have the biggest impact on the cost of your insurance:

• Engine type and capacity. Cars with larger more powerful engines are perceived as a higher risk by insurers. They are statistically more likely to get in an accident, plus the engines cost more to repair or replace.
• Driver location. Insurers will consider the likelihood of you making a claim, based on your location. If you live in an area where a lot of claims are made, this will result in a higher premium. As an example, a 30-year-old in central London will pay £1,294 for insurance for a BMW X6 xDrive30d MHT Sport Step Auto 5d, while the same 30-year-old in Newcastle may only pay £1,194.
• Driver age. Your age plays a huge role in determining the cost of your insurance premium. The youngest drivers have to pay more, because they are statistically more likely to make a claim. The average 20-year-old driver in London could pay £2,252 for the Lexus LS 500h Luxury AWD auto 4d, while the average 40-year-old Londoner will only pay £1,248.

Here are some of the other factors that can also impact the price of your premium.

• The model and age of your car
• Your driving history, including your no-claim discount
• Your car’s safety rating, security and anti-theft precautions
• Your marital status
• Your credit history and job
• The likelihood of your car being stolen

How can I save on my car insurance premium?

Choosing a car in a lower insurance group will save you a lot of money on your car insurance.

Thankfully, there are other things you can do to decrease your premium. We’ve listed them below.

• Drive safely. It may sound obvious but making a claim or having convictions on your record will make your premium skyrocket.
• Don’t use your car all of the time. You could save money on your insurance by reducing the number of miles you drive in your car. That’s because when you reduce your annual mileage, insurers perceive you as less of a risk.
• Pay annually. By paying annually, you avoid having to pay interest on monthly instalments.
• Install extra safety precautions. The safer you make your car, the cheaper your premium will be. Again, this is because you’ll be perceived as less of a risk of making a claim.
• Shop around. When it’s time for renewal, make sure you compare your options. You’ll be surprised at how much you could save by switching providers.

Frequently asked questions

• Car insurance groups range from 1-50. Group 1 is the lowest and has the cheapest vehicles to insure.

• Thatcham Research analyses a number of criteria to calculate a car’s group rating. One of its key tests is a 15km/h crash impact assessment, based on an internationally recognised insurance standard. Following the crash, Thatcham’s engineers work out the cost of the time and parts to return the car to its pre-accident condition. The group rating also takes into account new car values, car performance (including top speed and acceleration time), parts pricing, safety and security features, and the alignment and structure of a car’s bumpers.

• Yes, but insurers will also consider various personal circ*mstances.

• Most younger drivers will find these vehicles too expensive to insure. Many may prefer to initially drive a car in a lower insurance group, and upgrade once they are older with more driving experience under their belt. At this point, they may be offered a reasonable premium on a group 49 car.

• The letters refer to the security features fitted as standard on the vehicle.

• In the UK, there are 50 car insurance groups with 1 being the lowest (cheapest) and 50 being the highest (most expensive).

• In the UK, The Group Rating Panel, administered by Thatcham Research, assigns new car models to an insurance group from 1 to 50.