Understanding Car Insurance Groups in the UK

What are Car Insurance Groups?

Car insurance groups in the UK are categorised into 50 different groups, ranging from group 1 being the cheapest and group 50 being the most expensive. The classification of each car is done according to a variety of factors, such as the amount of power the car has, its engine size, the cost of parts and repair costs. Each car is assigned to a specific group by the Association of British Insurers (ABI) and Lloyds Market Association (LMA). The purpose of these ratings is to help insurance companies provide accurate quotes for customers looking for car insurance.

How are Cars Grouped?

Most cars are assigned to a group depending on their performance and repair costs. The higher the group a car is assigned to, the more expensive it is to insure. Each car is given a group rating based on a range of factors, such as the size of its engine, its power output, cost of replacement parts and repair costs. The group rating is based on a scale of 1 to 50, with 1 being the cheapest and 50 being the most expensive.

What Factors Affect Car Insurance Groups?

Car insurance groups are based on a variety of factors, including the size of the car’s engine, its power output, the cost of replacement parts and repair costs. The higher the group rating, the more expensive it is to insure the car. Generally, larger engines and higher powered cars are assigned to higher groups, as they are more expensive to repair and more likely to be involved in an accident.

What is the Cheapest Car Insurance Group?

The cheapest car insurance group is group 1, which typically consists of small cars with low power outputs and low repair costs. Smaller city cars are usually assigned to group 1, such as the Suzuki Alto, Fiat Panda and Smart ForTwo. Larger cars with bigger engines, such as the BMW 5 series and Mercedes E-Class, are usually assigned to higher groups, as they are more expensive to repair and more likely to be involved in an accident.

Which Car Insurance Group is the Most Expensive?

The most expensive car insurance group is group 50, which typically consists of high performance cars with large engines and high repair costs. Some examples of cars in group 50 are the Porsche 911 Carrera, Ferrari F430 and Lamborghini Aventador. It is important to note that not all cars in group 50 are high performance cars, as some models may have been assigned to the group due to their high repair costs.

How to Find Out Which Group Your Car is Assigned To?

If you are looking to buy a car and want to know which car insurance group it is assigned to, you can contact the Association of British Insurers (ABI) or the insurance company you plan to use. Alternatively, you can search online for car insurance group ratings. This will give you a list of all the car insurance groups and the cars that are assigned to each group.