Car Insurance Groups
Cheap car insurance quotes are affected by the type of car you drive. Click on any one of the selected motor insurers advertised.
Cheap car insurance quotes are affected by the type of car you drive. Click on any one of the selected motor insurers advertised.
There Are Twenty Insurance Groups For Car Insurance
The insurance groups relate to performance abilities and engine size mainly. Not exclusively but generally. You will find an 1100 cc Golf Driver is not in the same category as a Golf VR6 even though the car itself is roughly the same size. Insurers look at engine power, engine capacity, naturally aspiration or fuel injection which increases the premium substantially. Hot hatches are rated higher than a ... As you can see the car model and not car brand affect the category.How it works
1. Replacement Parts
The cost of car repairs accounts for 3/4 of the insurance payout should you make a claim. This means that new replacement parts are factored into the group rating of a vehicle. The more luxurious a car the more the replacement parts cost! Foreign car replacement parts are also expensive to get and this as you can see weighs heavily on the insurance group the car may be placed into. these, too, are taken into account.
2. Vehicle Cost And Performance
The prices of new cars is related to the specification within the models range. The higher the specs/price the higher the group rating is going to be. In the same way the an high performance chassis and light weight body parts affect the group rating. Performance is a vital factor in determining the cars insurance group. Acceleration and top speed are taken into account. Factors such as fuel injection, aftermarket ECU chips, up rated gearboxes and performance engine parts are considered here too. Insurance companies deal with a higher claim ratio for high performance cars compared to small town cars like the Hyundai Accent which is not really prone to speed thrill seekers or image conscious younger drivers!
3. Car Security
A cars security features are also an important factor naturally. Many newer cars have fitted as standard security equipment by the motor manufacturers. This can help to reduce insurance claims costs and therefore grouping and premiums. Such features include high security door locks, alarm/immobilisation systems (Thachem Approved is the industry standard), glass etching, coded audio equipment, locking devices for alloy wheels and visible VIN numbers. Should you buy a used car there are many companies who install aftermarket security devices which may help lower your insurance premiums. This is more important to you if your car is in a higher insurance group.
Insurance Companies May Rate Cars Differently To One Another
The Association of British Insurers have a standard guide for car insurance group ratings but theses are recommendations only. Individual insurance companies, depending on their own experience, may vary from these recommendations. It is recommended that if you are planning to buy a new car or even a used car you should investigate the performance ratings of the vehicle before you buy. This will help prevent a nasty shock when you get your quote. Most UK motoring magazines publicize the insurance group rating of the makes, models and even new and used car prices to guide you.
1. Replacement Parts
The cost of car repairs accounts for 3/4 of the insurance payout should you make a claim. This means that new replacement parts are factored into the group rating of a vehicle. The more luxurious a car the more the replacement parts cost! Foreign car replacement parts are also expensive to get and this as you can see weighs heavily on the insurance group the car may be placed into. these, too, are taken into account.
2. Vehicle Cost And Performance
The prices of new cars is related to the specification within the models range. The higher the specs/price the higher the group rating is going to be. In the same way the an high performance chassis and light weight body parts affect the group rating. Performance is a vital factor in determining the cars insurance group. Acceleration and top speed are taken into account. Factors such as fuel injection, aftermarket ECU chips, up rated gearboxes and performance engine parts are considered here too. Insurance companies deal with a higher claim ratio for high performance cars compared to small town cars like the Hyundai Accent which is not really prone to speed thrill seekers or image conscious younger drivers!
3. Car Security
A cars security features are also an important factor naturally. Many newer cars have fitted as standard security equipment by the motor manufacturers. This can help to reduce insurance claims costs and therefore grouping and premiums. Such features include high security door locks, alarm/immobilisation systems (Thachem Approved is the industry standard), glass etching, coded audio equipment, locking devices for alloy wheels and visible VIN numbers. Should you buy a used car there are many companies who install aftermarket security devices which may help lower your insurance premiums. This is more important to you if your car is in a higher insurance group.
Insurance Companies May Rate Cars Differently To One Another
The Association of British Insurers have a standard guide for car insurance group ratings but theses are recommendations only. Individual insurance companies, depending on their own experience, may vary from these recommendations. It is recommended that if you are planning to buy a new car or even a used car you should investigate the performance ratings of the vehicle before you buy. This will help prevent a nasty shock when you get your quote. Most UK motoring magazines publicize the insurance group rating of the makes, models and even new and used car prices to guide you.
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