Car Insurance Group Prices in the UK

What Are Car Insurance Groups?

Car insurance groups are a way of categorising vehicles based on their risk. This helps insurers determine insurance premiums and gives customers an indication of how much they can expect to pay. Each car is assigned a group between 1 and 50, with group 1 being the least expensive to insure and group 50 the most expensive.

Insurers use a variety of factors to decide which group each car belongs to, including the car’s cost, performance, safety features, power, size and age. The group number also reflects the cost of parts and repair work for the vehicle.

How Are Car Insurance Groups Determined?

Insurers use a variety of factors to determine which group a car belongs to. These include the cost of the car, its performance, safety features, power, size and age. Insurers also use data from independent sources such as the Association of British Insurers (ABI) and the Motor Insurance Repair Research Centre (Thatcham) to assess the car’s repair costs.

Insurers also consider the risk of theft and vandalism when assigning cars to groups. This is based on the car’s popularity and the availability of replacement parts. Cars that are in higher demand and have more readily available parts are generally placed in lower groups with cheaper premiums.

How Are Car Insurance Group Prices Determined?

The cost of insurance is determined by a variety of factors, including the car’s insurance group. As a general rule, cars in lower insurance groups will have lower premiums. This is because cars in these groups are seen as being less risky, as they are less powerful, more affordable, and usually have better safety features.

The type of cover chosen, the driver’s age and experience, and any optional extras will also affect the cost of insurance. Additional features such as a no-claims discount, a protected no-claims bonus, or a multi-car policy can help reduce the cost of premiums.

What Are the Most Expensive and Cheapest Cars to Insure in the UK?

The most expensive cars to insure in the UK are generally those in the higher insurance groups, such as groups 40-50. These cars tend to be more powerful, more expensive, and more likely to be stolen. Examples of cars in these groups include the Audi R8 and the Lamborghini Huracan.

The cheapest cars to insure in the UK are usually those in the lower insurance groups, such as groups 1-20. These cars tend to be smaller, less powerful, and less expensive. Examples of cars in these groups include the Volkswagen Polo and the Ford Fiesta.