Revealed: The cheapest UK universities and car models for student insurance

Research on average insurance quotes has revealed the best value cars and universities for students.

The research, from driving instructors at Local Driving School, found that students moving to the University of Cambridge with a Volkswagen UP will enjoy the lowest car insurance prices.

Which universities have the lowest car insurance costs?

1. The University of Cambridge – £1,342 per year

The University of Cambridge has achieved many impressive feats – it’s the fourth oldest surviving university worldwide, has an impressive alumni including Charles Darwin, and has the lowest insurance costs for student drivers, at just £1,342 per year on average.

2. The University of Exeter – £1,353 per year

At £1,353 per year, the University of Exeter is a close second for cheap car insurance. Explore Devon and the surrounding beaches, or simply reduce the time it takes to travel to and from home by train, with excellent value insurance for your car.

3. The University of Glasgow – £1,419 per year

The University of Glasgow costs just £1,419 per year for car insurance, coming in third in the UK. While easily accessible transport links reduce the need for a car in the centre, low-cost insurance makes cars a wallet-friendly choice for students on this city’s fringes.

4. The University of Bristol – £1,509 per year

5. The University of Edinburgh – £1,848 per year

Which universities have the highest car insurance costs?

Unsurprisingly, Queen Mary University of London is the most expensive place to get car insurance, costing a staggering £3,894 per year. However, great transport links across London mean many moving to the capital don’t need to swallow excessive costs. If you’re set on using a car in London, Imperial College London has the most affordable rates, with an average insurance cost of £2,479 per year.

The University of Leeds has the second highest car insurance costs per year, at an average of £3,377 per year in the city centre. In other areas of Yorkshire, insurance is much cheaper, with students heading to the University of York spending an average of £1,922 a year on car insurance.

Here’s the most expensive universities for student insurance:

1. Queen Mary University of London – £3,894 per year

2. The University of Leeds – £3,377 per year

3. Queen’s University Belfast – £3,132 per year

4. University College London – £3,117 per year

5. King’s College London – £3,078 per year