Car Insurance Group Ratings List – All You Need to Know

When you are looking to find the best car insurance policy for your vehicle, one of the key factors that affect the cost is the car insurance group rating. These ratings are assigned by the Group Rating Panel. This panel is made up of representatives from the Association of British Insurers (ABI) and Lloyds Market Association (LMA). The group rating system is used to ensure that all vehicles of the same make and model are assessed equally. To help you understand this system, here is a guide to the car insurance group ratings.

Understanding Car Insurance Group Ratings

Car insurance group ratings are determined by a range of factors including the performance, safety, and cost of the vehicle. Generally, the lower the rating, the cheaper the insurance premiums. The ratings range from 1-50 and are broken down into five different bands, Group 1 being the lowest and Group 50 being the highest. The higher the rating, the more the vehicle is likely to cost to insure.

The insurance group rating is based on a range of factors, including the power and speed of the vehicle, its age and the cost of parts. Other factors, such as the security features, may also be taken into account. For example, vehicles with an alarm system, immobiliser and other security features may be given a lower rating than those without.

Car Insurance Group Ratings List

Below is a list of the car insurance group ratings and the vehicles that are included in each group:

Group 1

Group 1 includes vehicles such as the Ford Ka, Chevrolet Matiz and Vauxhall Corsa. These are typically small, low-powered, low-cost cars. They are often the cheapest to insure and are ideal for young drivers.

Group 2

Group 2 includes vehicles such as the Honda Civic, Volkswagen Golf and Ford Focus. These are mid-sized and mid-priced cars with slightly higher performance. They are still relatively cheap to insure, and are ideal for young drivers looking for a reliable and economical car.

Group 3

Group 3 includes vehicles such as the Mercedes-Benz C-Class, BMW 3 Series and Audi A4. These are luxury cars with higher performance and cost. They are more expensive to insure and are ideal for experienced drivers looking for a car with more power and style.

Group 4

Group 4 includes vehicles such as the Porsche 911, Jaguar XK and Audi R8. These are high-performance cars with higher costs. They are the most expensive to insure, and are usually only suitable for experienced drivers with a good driving record.

Group 5

Group 5 includes vehicles such as the Lamborghini Aventador, Ferrari F12 and McLaren P1. These are supercars with the highest performance, cost and insurance premiums. They are only suitable for experienced drivers with an excellent driving record.

So there you have it, a guide to the car insurance group ratings. It’s important to understand the group ratings, as they can have a big impact on the cost of your insurance premiums. Knowing what group your car belongs to can help you to find the best insurance policy for your vehicle.