How many insurance groups are there?
Asked by: Erich Goyette | Last update: February 11, 2022Score: 4.1/5 (20 votes)
There are 50 different car insurance groups - those in insurance group No. 1 are the cheapest cars to insure while those in insurance group 50 are the most expensive.
Is insurance group 20 high?
What is insurance group 20? ... With group 20 being at the lower end of the 50 insurance groups created by Thatcham Research, you can expect them to have relatively good car safety features and inexpensive repair costs. These are among the key factors used to determine which group a vehicle is placed in.
Is insurance group 30 high?
What does car insurance group 30 mean? Cars in insurance group 30 lead to mid-high range insurance quotes. Indeed, vehicles of insurance category 30 have powerful engines and represent higher risk for insurance providers.
Is insurance group 24 high?
What is insurance group 24? When it comes to insurance, all vehicles are assigned an insurance group from 1 (cheapest) to 50 (most expensive). ... Therefore, vehicles in group 24 should cost less than average to insure.
What is Group 50 insurance?
What is insurance group 50? With insurance groups ranging from 1 to 50, vehicles in group 50 are the most expensive to insure. ... All vehicles are assigned an insurance group from 1 (cheapest) to 50 (most expensive), and this helps insurers work out the cost of car insurance premiums.
What Are The Different Car Insurance Groups | Car Insurance Groups Explained And Where To Find It...
What is insurance group 10 mean?
Car insurance group 10 vehicles are among the cheapest to insure. They are cheaper to insure than groups with higher numbers. The cars and other vehicles within this category score well in most of the factors used to determine the group ratings. This includes low cost of repair and good safety features.
What is Group 2 insurance?
Which cars are in car insurance group 2? Cars in insurance group 2 carry one of the cheapest insurance premiums. ... These cars can suit younger drivers, who while generally having high insurance premiums because of age and inexperience, can at least help keep costs down by choosing one of these vehicles.
What is insurance group 9 mean?
Insurance group 9 vehicles are among the cheaper ones to insure. Cars in this insurance group score well in factors used to determine the group ratings, such as being inexpensive to repair and possessing less powerful engines.
Is 16e a high insurance group?
Group 16 is on the lower end of the insurance groups and the cars that fit in this category score well for various factors used to determine the group ratings. These include having powerful safety features, being inexpensive to repair and possessing less powerful engines.
Is insurance group 7 expensive?
Cars in insurance group 7 are among the cheapest cars to insure on the market. They usually have less powerful engines and costs of repairs are known to be lower.
What is insurance group 31a?
Vehicles in insurance group 31 are starting to reach the highest part of the scale in terms of insurance quotes. Cars in insurance group 31 represent higher risks to insure for providers. Engines are bigger, repairing costs are higher.
What is insurance group 32e?
What does car insurance group 32 mean? Cars in insurance group 32 lead to mid or high-range insurance quotes. Category 32 represent a higher risk for insurance providers as vehicles are powerful, repairing costs higher etc.
Which is the cheapest insurance group?
Typically, the lower a car's insurance group number, the cheaper it will be to insure. This means cars in insurance group 1 are likely to be the cheapest cars to insure, while those in group 50 will be the most expensive.
Is insurance group 40 high?
Cars in insurange group 40 are at highest part of the scale when we talk about insurance premiums. They have powerful engines and high acceleration profile and therefore represent higher risk for insurance companies.
What is insurance group E?
E= Exceeds the security requirement for a car of this type and the group rating has been reduced – so a group 10 car that exceeds the standard is listed as a 9E. A = Acceptable security requirements for the car's group.
What is insurance group 14 in the UK?
Car insurance group 14
Groups are based on your car's power, value, security and repair costs. So, insurance group 14 cars are mid-range when it comes to insurance costs. There are 50 car insurance groups and generally, the lower the number the cheaper the insurance.
What is insurance group 25e?
What is insurance group 25? Before they are made available to buy, all vehicles are assigned an insurance group from 1 (cheapest) to 50 (most expensive). This helps work out the cost of your car insurance premiums. Insurance group 25 cars are on the cheaper side when it comes to car insurance.
What is insurance group 28e?
What does car insurance group 28 mean? Vehicles in category 28 are approaching the highest part of the scale when it comes to insurance premiums. Cars belonging to insurance group 28 are known to be powerful. Repairing costs are higher and therefore insurance premiums as well.
What does insurance group 23e mean?
What does car insurance group 23 mean? Cars in insurance group 23 are moving towards the higher part of the scale in terms of insurance premiums. ... Pieces to replace when cars are damaged are often more expensive leading to higher repairing costs.
What is 4E insurance group?
The car industry has a system of rating cars for insurance purposes. ... In Group 4E, your motor is among the cheapest in the UK to insure. And the security devices it features exceeds what the industry expects for a car like that.
Is insurance group 13 high?
Cars in insurance group 13 cars are on the cheaper side to insure. That's because group 13 is at the lower end of the 50 insurance groups compiled by Thatcham Research. In this guide, we'll explore some of the factors used to determine the group ratings, and how cars in group 13 tend to score for them.
What is a Group 1 car?
Cars found in Group 1 are normally the cheapest to insure, because they score well on the series of factors used to calculate the groups. These cars are usually some of the cheapest to buy, but, just as importantly, are also some of the cheapest to repair if they're damaged in an accident.
What group insurance is a Citroen C1?
Insurance. A small, low-powered petrol engine keeps insurance costs low for the Citroen C1 – putting it in insurance group six.