Car insurance groups explained

there are loads of things that affect the price of your car insurance from your age to your job one of the big ones is the insurance group your car falls into every car in the UK is put into an insurance group from Group 1 to group 50. generally the higher the car insurance group The more your insurance will be however this isn’t always the case I’ll explain why in a little bit here at cover we’ve put together a quick explainer on how it all works first let’s talk about how the insurance groups are decided there’s more to figuring out Car Insurance Groups than just the value of the car it’s based on a lot of different things standard car insurance groups are based on insurance group ratings from a company called. insurance ,lawyer ,mortgage ,attorney ,donate

thatchem every time a car is released in the UK one of the cars has to be sent to thatcham for tests off the back of all that they come up with the car insurance groups and for the most part this is what the insurers use to work out how much you’ll have to pay broadly these are the sorts of things that can impact a car insurance group the car’s value when new newer more valuable cars tend to go into higher Insurance Groups the cost of repair more expensive or rarer cars are more expensive to repair how long it takes to repair the car this might depend on the availability of parts the speed and power of the car. Motor Insurance Quotes,Mortgage Adviser,Met Auto.

drivers tend to make more claims on faster more powerful cars so high performance cars tend to be put into the higher Insurance Groups safety features the more safety features a car has the less likely someone is to get hurt if that car has a crash surprisingly the age of your car doesn’t directly affect the insurance group it goes in though there’s a lot of correlation newer cars tend to have more safety features but they’re usually more expensive to repair for example now let’s talk about how your car’s.

Insurance Group affects the price of your car insurance in theory cars in a higher Insurance Group will cost more to ensure than those in a lower Insurance Group but in practice that’s not always the case and that’s because the insurance group of your car is just one thing an insurer looks at when working out your price they also look at things like your age postcode driving history and job title they combine all this together to see how regularly people that match your description make claims or have an accident in your car this means depending on your circumstances getting an insurance quote on a higher group car could actually be cheaper here at cover we’ve created a free Insurance Group checkout just enter the edge of the car and we’ll tell you the insurance group we’ll pop a link in the video description along with some more information about Insurance Groups make sure to follow for more tips tricks and insurance explainers happy driving Online Motor Insurance Quotes,Donate your Car for Money,Online Colleges Health Records ,Personal Health Record