An insurance group is a method to determine the cost of insuring your car based on which group they re assigned to. Its decisions are based mainly on data provided by the motor insurance repair research centre thatcham.
Insurance group numbers run from 1 to 50 with 1 generally the cheapest to insure.
Insurance 05e. 2 impact performance damage costs repairability theft prevention and other factors are tested. Chevrolet aveo 11 15 see all versions of this model in group 5. Car insurance groups are broadly set by the group rating panel and administered by thatcham research.
Spark 10 15 see all versions of this model in group 5. The insurance group rating is the key. Insurance group numbers run from 1 to 50 with 1 generally the cheapest to insure.
These insurance groups range from group 1 the cheapest cars to insure all the way up to group 50 the most expensive. Most new cars are assigned to an insurance group a rating between 1 and 50 that indicates the level of risk as seen by the insurers. 1 independent testing company thatcham puts new cars through their paces.
The association of british insurers abi determine a car s insurance group. Cars in group 15 offer good value but there are plenty of other factors that come into play like your age driving history and habits. Admiral considers these recommendations when calculating our car insurance prices.
Chrysler ypsilon 11 15 see all versions of this model in group 5. Cars in group 12 are at the cheaper end of the scale but the overall cost of your insurance premium is also decided by your age driving history and habits. Car insurance groups are decided by the group rating panel which meets on a monthly basis and is made up of representatives from the insurance industry including the association of british insurers abi and lloyds market association.
The groups range from 1 to 50 with the lower groups being the cheaper option to insure. Insurance grouping is decided by the group rating panel made up of members of the association of british insurers and the lloyds market association and supported by thatcham research. 3 a group number from 1 50 is assigned which car insurance companies use to help set the price of your quote.
Insurance group ratings are advisory insurers don t have to follow them. Compare and save on your car insurance with mustard co uk. 1 is cheaper 50 is pricey.
The panel decides which insurance group new car models fall into based on the following factors. Car insurance groups explained. Car insurance see car insurance group 14 see car insurance group 16.