Knowing about car insurance groups and the aspects which affect what category your car fits into will help you to make informed decisions about which cars are the most cost-effective for your situation.
Finding your car insurance group is easy – it is the understanding why it is in that group that takes a little bit more time and research. If you want to find out which group your car falls into, all you have to do is go to one of the many online insurance sites, type in your car’s make and model and look at the insurance group that it falls into. It’s as easy as that. A good place to look if you want to find the car insurance group that your vehicle falls into is the ABI (Association of British Insurers) database.
You will find that car insurance grouping has changed somewhat in the past year, however. Instead of groups 1-20, there are now groups 1-50, with the new system designed to be more clear and concise.
With this in mind, it is important that you learn about the new system and what aspects affect a car’s rating in the first place.
There are plenty of varying factors that are taken into account when selecting a car’s grouping – the cost of repairs and damage, the time spent on that repair, the performance of the vehicle and the security of the vehicle are just a few.