car insurance

[Jayne]

does anyone have a link to a comprehensive list of what insurance group cars are in.

I'm looking for my first car and insurance is more of an issue than what car im getting.

thanks in advance

[owdamer]

https://www.parkers.co.uk/insurance/

You can look at specific cars or insurance groups.

Group 1

[Phoenix]

Don't always pay attention to groups, certain group 1 cars will be more expensive to insure than some group 5 or even 10 cars because they're what all the learners choose and subsequently crash, only real way to find the cheapest is to get quotes on random cars.

[trevoriv]

[Phoenix]

It is correct, because there's not a lot you can change about where you live and your area risk. Security measures will affect your premium also but that's irrelavent as this is about the car itself. And insurance groups really do not reflect the comparitive costs of insuring different cars.

Ask one company, so that the quotes are comparable, and you'll find that many higher group cars are cheaper to insure than lower group cars of the same year and value. Crash and theft statistics greatly affect insurance rates on specific vehicles irrespective of what insurance group has been applied.

[trevoriv]

Crash and theft stats are also used to create the groupings, as does the cost of building and repairing the vehicle.

I can only speak for my company but I have never seen a significantly higher group car being cheaper to insure that a lower group car however there might not be much between the cost of insuring a group 3 car worth £15000 and a group 10 car woth <£1000 if the rest of the variables remain the same.

We operate with the insurance group bringing up the base (gross) rate for the vehicle based on the rating area/district with the rest of the variables ie value, security, driver age/experience etc applying loadings or discounts to the gross rate with the ncb being the last variable used.

Lower vehicle groupings will always mean a lower base rates as far as i know. You dont premium load the vehicle, you premium load the driver, that is unless you're Quinn.
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Past: '96 Thundercat, '02 ZX636R (A1P), '58 KTM 690 SM LC4 Current: '06 ZX636R (C6F)
Mudskipper wrote: Someone just has to sig that...

[Phoenix]

Well I was with Norwich Union for quite a while, they're the ones who are mainly responsible for creating the insurance groups I believe, hence "NU Group". I was initally insuring a 2.0 Impreza sport which was Group 13, the following year my requote for the Impreza was nearly £1000 but the quote for a Group 14 BMW 325 was £600 both cars of similar year and value.

The next year I reinsured the BMW and later changed the policy to a Group 16 Volvo T5 and got a further £50 refund, bearing in mind the car was 2 groups higher, several years newer and worth twice as much, so like I said I pay very little attention to the actual grouping of a car. Only at group 20 can you be certain you'll get screwed.

[trevoriv]

Well yeah its not clear cut and there are exceptions that prove the rule but 99 times out of a 100 if all other factors are the same if the group is less then the premium will be less.

This is magnified for young and new drivers as the premiumn loading is applied to the driver based on the gross base rate for the vehicle.

The groupings are indicators only and most insurers will have their own stats for rating vehicles for example most insurers including the company i work for hit BMW X5's hard due to them being the most stolen vehicle per unit sold in the UK so even though a similar vehicle may be the same group and value as an X5 it will likely be a cheaper premium.

Anyway..... first car wise providing you're under 25 you're prob best sticking to the small hatchbacks under 1.6l, as a rule Ford KAs tend to be cheap insurance-wise as they are a low grouping, worth feck all and the older ones have lots of plastic bodywork so are cheap to repair
____________________
Past: '96 Thundercat, '02 ZX636R (A1P), '58 KTM 690 SM LC4 Current: '06 ZX636R (C6F)
Mudskipper wrote: Someone just has to sig that...