Car Insurance Groups Listing
Group rating is an advisory system intended to provide insurers with the relative risk of private cars and light commercial vehicles.
Car insurance groups listing. Start with group 1 if this is your aim generally the higher the group the higher the cost. There are a number of ways to bring. Some car insurers specialise in high performance cars others like young drivers and many will insure pretty much anyone. Read general car insurance advice.
The more expensive the car as new the higher the cost of replacement or repair and the higher the position it will hold in the car insurance groups list. The more powerful expensive and rarer your car the higher the group it will be in. For car insurance groups in group 1 to group 20 go to this site for finding out which cars fall into these categories. 2 impact performance damage costs repairability theft prevention and other factors are tested.
Parts prices the group rating panel studies a list of 23 common parts to compare one manufacturer s parts costs to another. Explore cheap car insurance groups. What are car insurance groups. A key part of the thatcham research s work is the administration of the association of british insurer s abi group rating system.
The group rating panel administered by thatcham research assigns new car models to an insurance group from 1 cheapest to insure to 50 the most expensive. Take a look at our list of car insurance companies. In the higher groups you ll tend to find more powerful and expensive cars. For an example of a car insurance groups list go to this site for information on which cars fall into each specific group for group 1 to group 50.
1 independent testing company thatcham puts new cars through their paces. 3 a group number from 1 50 is assigned which car insurance companies use to help set the price of your quote. The type of car you drive will impact the cost of your car insurance find the cheapest car insurance groups and the top 10 cheapest cars to insure in 2020. Cars in the highest groups typically high performance models are likely to cost insurers the most in insurance claims.
What do car insurance. Every car belongs to one of 50 car insurance groups which band cars from the cheapest to the most expensive to insure starting with group one the cheapest and ending with group 50 the most expensive. When choosing a car to buy use our tool to find out which cars are in the lowest insurance groups so you can be sure the cost of cover will be affordable. 1 is cheaper 50 is pricey.