What Insurance Group Is My Car
What insurance group is my car in.
What insurance group is my car. You ve a lot of things to consider when choosing which car to buy. This is because higher performance cars are deemed to be at higher risk of an accident. The insurance group of your motor can have a considerable impact on the price of your car insurance. What group is my car what they mean.
These days however there are a number of websites offering search tools that will tell you exactly what group any particular vehicle falls into. Find out which insurance group your car is in. Find out more about the way car insurance groups are decided and how the decision affects car insurance premiums. A group one vehicle would be in the lowest insurance group group 50 the highest.
Every car in the uk is allocated an insurance group to help insurers work out the cost of cover running from 1 cheapest premiums to 50 highest. Use our interactive tool to find out your vehicle s insurance group. We ve created a tool that allows you to find out the insurance group of thousands of cars helping you determine how much damage the premium might do to your bank balance. Speed mileage safety features all of these things matter.
If you pick a car with a smaller engine size in the range this will command a lower insurance group rating than one with a larger more powerful one. Key in your reg to find out where your car sits. But if you want to save money on your car insurance one of the most important factors to consider is the insurance group. Car insurance groups are set by the group rating panel which includes members of the association of british insurers abi and lloyds market association lma.
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. Vehicles with added safety and security equipment can lower. Every car in the uk is allocated an insurance group to help insurers work out the cost of cover running from 1 cheapest premiums to 50 highest. A car s safety and security features will impact your insurance premiums which is why they are considered when determining a car s insurance group.
What can affect a car s insurance group rating. Because of this you should consider these carefully before choosing a car and taking out a policy. In the past you d have had to ask your dealer who might have had to look in a trade guide to find out for you. Enter your registration to find out where your car sits.
Find out which insurance group your car is in. Group no 1 is the cheapest of the car insurance groups however this is just one factor an insurer may use to underwrite a car insurance policy so it doesn t automatically mean a group 1 car will get you the cheapest premium.
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