Car Insurance Groups
All cars manufactured in volume and sold in the UK are allocated an insurance
group rating. Each model of car is given a numerical rating between 1 and 20,
with 1 being the lowest and 20 the highest insurance group. Although the insurance
group system is only advisory it is with this data, along with a combination of
other factors, that insurers calculate car insurance premiums.
So, if you want
to minimise the cost of your insurance premium these insurance group ratings are a
good indicator of the risk attached to a particular car, and by sticking to groups
1 and 2 you will have the best chance of receiving a cheaper quote for your insurance.
Furthermore, if you are buying a car for the first time and want one with low running costs,
then choosing a car from the lowest groups will not only give you cheaper insurance
but parts and repairs are more likely to be cheaper as well.
they work out Insurance Groups?
Well, they base a lot of it on previous
statistics for that particular type of car. Some of the factors used in
assigning a group rating for a car are:
Damage and Cost of The
This is calculated from statistics relating to the average accident
damage that occurs to this particular model. It also takes into account the
cost of parts for repairing the most common damage to this type of car, so
obviously the lower the repair costs the lower the insurance group will likely
Longer repair times constitute higher labour
costs and can push a model into a higher insurance group. Other things taken
into consideration are paint finishes on cars and the ease at which they can be
matched and applied.
New Car Values
The cost of a brand new
replacement for the particular type of car that is being allocated the
insurance group rating.
Certain accident damage will
require a new body shell for its repair, so the availability and cost of body
shells for this type of car will be considered when calculating its insurance
High performance cars often result in more
frequent and costly insurance claims, so when calculating insurance groups the
acceleration and top speed of a particular car is taken into account. Data
collected throughout motoring organisations and insurance companies prove
beyond doubt that high performance cars are more at risk of accidents and
have heavier repair bills.
security fittings come with a lot of modern cars, this may include enhanced
door locks, immobilisers, alarms, glass etching, coded audio equipment, and
locking wheel nuts etc. These standard features boost the security of a car
and therefore play a significant role in reducing insurance claims.
you have a limited budget and want the cheapest insurance, then buying a car
in the lower insurance groups is your best bet. Some of the smaller more
maneuverable cars are ideal for the first time buyer, and along with their good
driveability they usually fall into the lower insurance groups too.
following are examples of UK cars and their insurance group
Insurance Group 1
Citroen C2, Fiat Cinquecento,
Skoda fabia and Vauxhall Corsa.
Group 2 -3
Group 3- 7
Group 4- 8
Groups 3- 10
Groups 4 - 11
If you would like to search through the complete list of UK car insurance
groups you can do so by visiting www.abi.org.uk. Alternatively, we are compiling our
own guides to insurance groups for the most popular cars in the UK today. You can browse
the full Ford list here and also pick up tips
on cutting the cost of insurance.
Thatcham Security Ratings
As well as the insurance group rating awarded to cars there is also a security
rating given to nearly all new cars sold in the UK. A joint effort between
Thatcham (the vehicle security and systems manufacturer), the Association of
British Insurers (ABI) and Lloyds saw the implementation of the The New Vehicle
Security Ratings (NVSR) scheme.
Each new car on the market is subjected to
destructive attack testing and then awarded stars for security performance,
with five stars being awarded to cars with the most efficient security. These results
are also a great benefit to insurance companies and is another factor used in
the calculation of their insurance premiums. Results of the NVSR are distributed
as additional data alongside the Insurance group ratings for a particular car.
The NVSR results are given as an alphabetical code and not a numerical one like
the insurance groups. This is as follows:
A – Meets all security
Click here for an online Car Insurance Quote
D – Fails to meet the minimum standard of security
and therefore the insurance group rating increases. For example, an insurance
group 9 car with a code D fail automatically gets listed as a group
E – Exceeds the minimum standard of security and therefore
the insurance group rating is decreased. For example, an insurance group 9 car
which surpasses minimum security standards and is given a code E will be listed
as an insurance group 8E.
P – Provisional rating due to
insufficient data at the time of launch.
U – Unacceptable low
level of security. A car allocated code U might be refused insurance cover
until security standards are upgraded.
You can easily search for your
car's security performance and see how it faired in the Thatcham tests by
Other articles relevant to this are:
Ford Insurance Groups |
About car Insurance
or visit our
Articles Index for more Insurance topics.