Peugeot Car Insurance

Who is Peugeot?

Established in 1810, Peugeot is a car manufacturer that initially made coffee mills, bicycles, and even umbrella frames. The company built its first car, a steam-powered tricycle, in 1889. Over a century later, Peugeot is a global brand renowned for its reliable and affordable cars. Peugeot specialises in ‘city cars', which are light, nimble, and can fit into tight parking spaces. Their now discontinued 107 model was very popular amongst new drivers, and their 207 and 208 models have garnered a similar level of popularity.

However, Peugeot doesn't just make city cars. The company won European Car of the Year 2017 with their 3008 SUV model

How Much Does a Peugeot Cost to Insure?

There's no straightforward answer to knowing how much your Peugeot will cost to insure. This is because a number of factors determine the cost and these will be unique to every driver and their specific circumstances. Everything from your car's insurance group to your age, gender and no-claims discount will be taken into account when you look for car insurance. In the table below we've highlighted the average price you might be expected to pay for some of the more popular Peugeot models. 

How Can I Get Cheaper Peugeot Car Insurance?

• Consider Telematics: There's plenty you can do to get cheaper car insurance for your Peugeot. One way you can lower your insurance premiums is by opting for a black box insurance policy. Having a telematics policy will ensure that you are charged a fair price for your annual premium as you are assessed on your driving ability, and not on the average data for the group you belong to.
• Pay annually: Paying for your Peugeot car insurance monthly means you're also paying for additional admin fees and interest on top of your premiums. By switching to annual payments instead, you can make a saving on your car insurance.
• Remember to compare: Comparing as many insurance providers and quotes as possible ahead of your renewal date, means that you can see where you can make a saving and also take advantage of any deals.
• Reduce your annual mileage: If you reduce your annual mileage then you'll be considered less of a risk by insurers, which is a simple yet highly effective way to keep your premiums low. Just remember to be honest when declaring your annual mileage, if you're found to be dishonest and need to make a claim you could invalidate your insurance.
• Improve your security: According to insurance providers, vehicles with higher levels of security and additional security features are less likely to be stolen and therefore less of a risk. While many of the latest Peugeot models come with the latest security features, if you drive an older model consider installing a tracking device or an immobiliser to get a cheaper quote.

What Factors Influence the Cost of Peugeot Car Insurance?

Your insurance costs are determined by several factors:

• Type of policy: The coverage level you select for your Peugeot will affect your premiums. While a fully comprehensive policy often costs more than a basic third-party policy, this isn't always true. That's why it's essential to compare options.
• Your age: One of the principal factors insurance companies use to calculate the cost of your policy is your age and this will determine how much you pay. Younger drivers typically see higher premiums and pay more than older, more experienced drivers.
• Make and model: If your Peugeot is considered a high-performance model such as the 508 SW then you're likely to have a higher premium than the more modest 108 model. Additionally, if you drive an older vehicle that is worth less than a new one, then you can also expect a lower premium.
• Your job: If your occupation involves driving then you could be facing higher premiums. This is because certain roles such as plumbers, journalists and delivery drivers are statistically linked to a higher chance of road accidents. Occupations such as librarians, secretaries and teachers, however, are considered to be less of a risk and are expected to pay less as a result.
• Your voluntary excess: The amount you choose to pay in the event of a claim is known as your voluntary excess. The more you are willing to pay upfront the lower your premium will be.
• Your no claims: If you're a safe driver and have built up years' worth of no claims, then you can expect this to be reflected in your premiums.