What does 16e insurance group mean?
Asked by: Wilburn Waelchi V | Last update: July 27, 2023Score: 4.9/5 (64 votes)
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.
What is the highest insurance group?
Every car belongs to one of 50 car insurance groups, which are used by insurers to help set the premium you pay. Cars in group one are the cheapest to insure, while those in group 50 are the most expensive – and the more powerful and luxurious your car, the higher the group it will be in.
What is the lowest insurance group?
What is the cheapest insurance group? Insurance groups range from 1 to 50, with 1 being the cheapest and 50 being the most expensive. Group 1 is the lowest insurance, but it's a fairly uncommon category so it's best not to box yourself into the idea of finding a group 1 model.
What does the E mean in insurance groups?
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. P = Provisional – incomplete data when the model was launched.
Are older cars cheaper to insure?
Are older cars cheaper to insure? Yes, most older cars are cheaper to insure, especially in terms of comprehensive and collision insurance. Cars lose value as they age, so the potential insurance payouts after an accident drop as well.
What Are The Different Car Insurance Groups | Car Insurance Groups Explained And Where To Find It...
Is insurance group 18e high?
There are 50 groups in total. With group 18 being at the lower end of these groups, the cars that fit into this category usually score well in the factors used to determine the group ratings. You can expect these cars to have good safety features and be inexpensive to repair.
Is insurance group 31e high?
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.
What does insurance group 5u mean?
With insurance groups ranging from 1-50, vehicles in group 5 are one of the cheapest to insure. The cars that fall in this group usually score well in factors used to determine the group ratings, such as having good car safety and security features and possessing less powerful engines.
Is insurance group 10e high?
Insurance group numbers run from 1 to 50, with 1 generally the cheapest to insure and 50 the most expensive. Cars in group 10 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.
Is insurance Group 24 high?
What does car insurance group 24 mean? Cars in insurance group 24 are moving towards the higher part of the scale in terms of insurance premiums. Indeed, cars in insurance category 24 are known to be more expensive and powerful.
Is insurance group 26e high?
Insurance group 26 cars are priced just above average. That means they typically rank just above average for the factors used to rank these groups, including market value, repair costs, safety features, etc.
Is insurance Group 14 high or low?
Cars in insurance group 14 are often on the cheaper side to insure. After all, this group is on the lower spectrum of the 50 groups created by Thatcham Research.
What does 7E insurance Group mean?
As mentioned above, security ratings can increase or decrease a car's overall insurance group. A group 8 car with an excellent security rating will be moved down to group 7, and rated as 7E.
What is insurance group 08e?
Car insurance groups explained
A vehicle is assigned an insurance group based mostly on its overall value, performance and cost of replacing parts. Insurance groups range from group 1 (cheapest) to group 50 (most expensive). That means cars in insurance group 8 are the eighth cheapest group to repair.
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 is insurance group 30e?
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.
What is insurance group 50e?
What is insurance group 50? With insurance groups ranging from 1 to 50, vehicles in group 50 are the most expensive to insure. The cars that fall into this group usually have high market values and expensive parts and repairs.
Is 7e low insurance group?
Cars in insurance group 7 are among the cheapest to insure, although those in 1-6 will be cheaper to cover. The cars in this group are likely to possess less powerful engines and be inexpensive to repair in general.
What is insurance Group 6e mean?
Group 6 is one of the lower insurance groups, meaning that in general, they are cheaper to insure. The cars that fit in this category usually score well in factors used to determine the group ratings such as having good car safety features, being inexpensive to repair and possessing less powerful engines.
What is insurance group 11e?
Which cars are in car insurance group 11? Insurance group numbers run from 1 to 50, with 1 generally the cheapest to insure. Cars in group 11 are towards the cheaper end of the scale, but the overall cost of your insurance premium is also decided by a driver's age, history and driving habits.
What is a low car 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 Higher insurance Group better?
Generally, the higher the car insurance group, the more you'll pay to insure it, while lower groups are cheaper to cover – you can quickly find out with our tool.
What insurance Group is a Fiat 500?
Fiat 500 insurance group
The Fiat 500 falls into insurance groups 9 to 19 depending on the particular model that you opt for. This makes the Fiat 500 a mid to low range model so far as insurance is concerned.
What insurance Group is a Ford Fiesta?
“The good news is that almost all Ford Fiestas are quite affordable to insure, with most falling between Groups 4 and 15. The higher the group, the more expensive the car is to insure, with 50 the maximum.”
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.