As far as our research was concerned, top of the list came the Fiat 500 Lounge with a premium of £2,029.05 This means it’s one of the cheapest first cars to insure in the UK. The Ford Ka Zetec was the next cheapest, with a premium of £2,038.11, followed by the Citroen C1 VTR for which cover would cost around £2,082.83.