Quizzes & Puzzles37 mins ago
Insurance Groups
Does anyone know where or how I can find out what insurance group cars fall into? e.g my current car (fiat 126) is group 2. I have looked on one site, but am sure its wrong as it classed my car a group 1, or do insurers have different categories?
Thanks in advance.
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For more on marking an answer as the "Best Answer", please visit our FAQ.The ABI (Association of British Insurers) represents the collective interests of the UK�s insurance industry.
Each popular new model of car launched in the UK is given an insurance group rating which insurers find helpful as one of the many inputs to their premium decision.
Insurance group ratings are purely advisory. They are used by insurers (ABI members and Lloyd�s syndicates) as one of the factors in calculating premiums. Insurers are not required to follow the advisory group ratings and they may depart from them if they so wish.
http://www.abi.org.uk/carinsurance/default.asp
Each popular new model of car launched in the UK is given an insurance group rating which insurers find helpful as one of the many inputs to their premium decision.
Insurance group ratings are purely advisory. They are used by insurers (ABI members and Lloyd�s syndicates) as one of the factors in calculating premiums. Insurers are not required to follow the advisory group ratings and they may depart from them if they so wish.
http://www.abi.org.uk/carinsurance/default.asp
the best place is - http://www.parkers.co.uk/pricing/used_car/