Skoda Octavia insurance group and cost

The Skoda Octavia is a reliable family car that has been produced by the Czech manufacturer since 1996. It’s Skoda best-selling vehicle of all time, as many motorists consider the vehicle to provide great value for money. In this guide, you’ll learn the key facts of insuring a Skoda Octavia.

Skoda Octavia insurance groups and cost by driver’s age

Skoda Octavia models range from insurance groups 12 to 29, so although the cost of your car insurance falls on the cheaper end of the scale, the difference in price between insurance groups might vary quite a bit. Factors such as your car’s engine size and performance, your car’s safety features and the market value all play a part in determining which insurance group the specific model is placed.

For example, a 30-year-old driver in an average postcode could pay around £704 for cover on a Skoda Octavia 1.2 TSI S 5d (insurance group 13) or around £701 for a Skoda Octavia 2.0 TDI CR Elegance 5d, which falls in insurance group 20.

You can find the insurance group, and likely cost of your insurance quote, of your Skoda Octavia model in the table below.

• How we got these rates

  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: June 2024 (source: Confused).

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Average insurance cost for a Skoda Octavia

To provide you with an idea of how much it may cost you to insure your Skoda Octavia, we ran several quotes to find an average figure. Based on our results, on average, you could insure your Skoda Octavia with a comprehensive policy for the monthly price of £83.41, or an annual sum of £912.23.

• How we got this rate

  To generate these quotes, we used the following information:

  • The vehicle is a 2018 model
  • Manual transmission
  • Petrol
  • 1.2-litre engine
  • Car has five seats
  • Five doors
  • Factory-fitted alarm system
  • The car is not modified
  • Used for social, domestic and commuting purposes
  • The car is driven approx. 10,000 miles per year
  • The car is parked in a work car park during the day
  • The car is parked on a driveway at night
  • Owner is a 30-year-old, single teacher from London
  • Owner is a homeowner
  • Five years no claims discount
  • No driving or other convictions in the last five years

Average cost of insurance for a Skoda Octavia by location

The table above shows the average cost of Skoda Octavia insurance based on insurance groups and driver age. However, numerous other factors affect the cost of your car insurance – one of the biggest being your address.

To show how much your location can impact your premium, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Skoda Octavia SE L 1.5 TSI 150PS ACT 5d.

• Expensive: £942 (London SE1)
• Average: £613 (Newcastle NE1)
• Cheap: £589 (Galashiels TD1)

• How we got these rates

  These rates are based on the average cost of cover for cars in the locations shown. Our research suggests SE1 is one of the most expensive locations, NE1 represents an average cost location and TD1 represents one of the cheapest locations. Updated: June 2024 (source: Confused).

Which factors affect my Skoda Octavia insurance rate?

Along with the insurance group, there are other key factors that impact your insurance premium costs:

• Engine type and capacity. As a general rule of thumb, the bigger the size of the engine, the more it will cost to insure. An average 30-year-old may pay £704 for the 1.2-litre Skoda Octavia 1.2 TSI S 5d, but could pay around £722 for the 2.0-litre Skoda Octavia 2.0 TDI CR SE 5d. In this example, it’s an extra £66 to insure a vehicle that is 0.8l bigger in engine size.
• Driver location. Where you live helps determine the level of risk that your car may be stolen or you’ll be involved in an accident, and this affects the cost of insurance. For example, a 30-year-old in central London may pay £1,190 for insurance for a Skoda Octavia SE Technology 1.0 TSI 115PS DSG auto 5d, while the same 30-year-old in Newcastle may only pay £688. In this example, the driver who lives in a London post code is quoted an extra £136 due to the area being deemed a higher risk.
• Driver age. The younger you are, the more risk you represent to insurers, and the more you’re likely to pay for insurance. The average 20-year-old driver in London may pay £4,245 for the Skoda Octavia 1.6 TDI CR Black Edition 5d, while the average 40-year-old Londoner will only pay £845.

Other factors that influence the cost of your insurance include the following:

• Your marital status
• Your credit history and job
• Your car’s safety rating score
• The model of your car
• The age of your car
• Your car’s security and any extra anti-theft precautions
• Annual miles driven
• Your driving history and activity
• No claims discount

Skoda Octavia facts and trivia

The Skoda Octavia passed the 5 million sales mark in 2016. At that time, this vehicle accounted for around 40% of the total Skodas manufactured.

The bottom line

There is little to dislike about Skoda’s flagship vehicle. Skoda has made notable improvements to the newer editions of this car, which can drive insurance costs up slightly. However, the tips in this guide should be able to help you keep your premiums more affordable.

Frequently asked questions

• How much does a Skoda Octavia cost?

  In the United Kingdom, the on-the-road price of a new Skoda Octavia start from £17,795.

• What is the top speed of a Skoda Octavia?

  Depending on the model, a Skoda Octavia can reach a top speed of 155mph.

• Is the Skoda Octavia safe?

  The Skoda Octavia was awarded 5 stars out of 5 under the Euro NCAP safety analysis. Skoda Octavia models score above average across the board with 92% for adult occupant safety and 88% for child occupant safety.

• How much car tax do I have to pay for the Skoda Octavia?

  The UK standard car tax rate sits at £145 per year. However, you might pay more or less depending on your car’s emissions.

• Where can I buy a Skoda Octavia?

  You can buy a Skoda Octavia online or by visiting your local Skoda retailer. You can also buy Skoda Octavias through various motor resellers and websites.

• Is the Skoda Octavia expensive to insure?

  This depends on the specific model of Skoda Octavia you have and the insurance group it falls under. Skoda Octavia models can range between insurance groups 12 and 29, so in general, the insurance costs should fall on the cheaper side in comparison to other car makes and models.

Written by

Danny Butler

Publisher

Danny is a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance. Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC. See full bio

Danny's expertise

Danny has written 347 Finder guides across topics including:

• Car, home and business insurance
• Helping people save money on their insurance
• Project management
• Giving valuable insights to website visitors