Car Insurance Groups Explained 1 20
2 impact performance damage costs repairability theft prevention and other factors are tested.
Car insurance groups explained 1 20 - For car insurance groups in group 1 to group 20 go to this site for finding out which cars fall into these categories. Here we give you access to all 50 groups meaning you can find inspiration for which car to buy from a car insurance price perspective. What do car insurance.
What are car insurance groups. In the higher groups you ll tend to find more powerful and expensive cars. The number of insurance groups has changed in recent years.
1 independent testing company thatcham puts new cars through their paces. 2 impact performance damage costs repairability theft prevention and other factors are tested. 1 is cheaper 50 is pricey.
Car insurance groups explained. 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. Prior to 2010 insurance groups ranged between 1 20 with the lowest being the cheapest to repair and insure.
There are 50 different car insurance groups those in insurance group no 1 are the cheapest cars to insure while those in insurance group 50 are the most expensive. Start with group 1 if this is your aim generally the higher the group the higher the cost. What are car insurance groups 1 20.
3 a group number from 1 50 is assigned which car insurance companies use to help set the price of your quote. Car insurance groups are broadly set by the group rating panel and administered by thatcham research these insurance groups range from group 1 the cheapest cars to insure all the way up to group 50 the most expensive. A new insurance group system has just been launched which is claimed to make premiums more accurate.
The original group ratings were from 1 20 but since 2009 the current much broader insurance group ratings of 1 50 have been used. These were ditched and replaced with a wider 1 50 rating system to represent a more accurate reflection of the increased range of cars available on the market. 1 is cheaper 50 is pricey.
The previous 1 20 groupings have been ditched and replaced by a 1 50 rating system although in most cases premiums will remain roughly on a par. 1 independent testing company thatcham puts new cars through their paces. Until 2009 the number of car insurance groups were 1 20 but this has been expanded this means according to thatcham.
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. That means there s scope to award different ratings to.
