Car Insurance Groups List 1 20 Cost
Everything You Need to Know About Car Insurance Groups List 1-20 Cost
Car insurance groups are a system used to determine the cost of insuring a car. Every car is assigned to a car insurance group, numbered from one to 50. The higher the car insurance group number, the higher the cost of the insurance policy will be. Knowing the car insurance group of your car can give you an idea of how much your insurance is likely to cost. In this article, we will explain how the car insurance groups system works and provide a list of the car insurance groups 1-20.
What Are Car Insurance Groups?
Car insurance groups are a system that insurers use to determine the cost of insuring a car. Every car is assigned to a car insurance group, numbered from one to 50. The higher the car insurance group number, the higher the cost of the insurance policy will be. The groups are based on a variety of factors, such as the car’s performance, safety features, cost of repair, and security features. Generally speaking, cars in higher groups will cost more to insure than those in lower groups.
How Are Car Insurance Groups Determined?
Car insurance groups are determined by a variety of factors, such as the car’s performance, safety features, cost of repair, and security features. Performance is an important factor as cars with higher performance will be more expensive to insure. Safety features also play an important role as cars with more safety features will have a lower insurance group. The cost of repair is also taken into account as cars that are more expensive to repair will have a higher insurance group. Finally, security features are also taken into account as cars with better security features will have a lower insurance group.
Car Insurance Groups 1-20 Cost
Below is a list of the car insurance groups 1-20 and the approximate cost of insurance for each group. The cost of insurance will vary depending on the insurer and other factors such as the driver's age and driving record.
Group 1
Group 1 cars are typically the cheapest to insure. Common examples of cars in this group include the Ford Ka, Toyota Yaris, and Volkswagen Polo. The average cost of insurance for a Group 1 car is typically around £300 to £400 per year.
Group 2
Group 2 cars are usually slightly more expensive to insure than those in Group 1. Common examples of cars in this group include the Honda Civic, Volkswagen Golf, and Renault Megane. The average cost of insurance for a Group 2 car is typically around £400 to £500 per year.
Group 3
Group 3 cars are usually more expensive to insure than those in Group 2. Common examples of cars in this group include the Audi A3, BMW 1 Series, and Mercedes C-Class. The average cost of insurance for a Group 3 car is typically around £500 to £600 per year.
Group 4
Group 4 cars are usually more expensive to insure than those in Group 3. Common examples of cars in this group include the BMW 3 Series, Audi A4, and Mercedes E-Class. The average cost of insurance for a Group 4 car is typically around £600 to £700 per year.
Group 5
Group 5 cars are usually more expensive to insure than those in Group 4. Common examples of cars in this group include the Audi A5, BMW 5 Series, and Mercedes S-Class. The average cost of insurance for a Group 5 car is typically around £700 to £800 per year.
Conclusion
Car insurance groups are a system used to determine the cost of insuring a car. The higher the car insurance group number, the higher the cost of the insurance policy will be. Knowing the car insurance group of your car can give you an idea of how much your insurance is likely to cost. In this article, we have listed the car insurance groups 1-20 and the approximate cost of insurance for each group. Remember, the cost of insurance will vary depending on the insurer and other factors such as the driver's age and driving record.
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