car insurance groups explained
Can someone please explain insurance groups to me!?
I am looking to buy a new car and can’t for the life of my work out this insurance group malarkey!! The car I am looking at buying is insurance group 10E – is this good, bad, medium??
Thank you!
i work for an insurance company and although car dealerships may sell a car based on ” yeah its a low insurance group blah blah blah” … all insurance underwriters such as aviva have their own insurance grouping system as well as the thatcham based groups. if your car is sold as a group 10 for example that will be based on one companies opinion. other companies base it differently. theres not a specific group. the insurance risk is mainly based on your convictions, your age and how long you’ve held your licence for. and where your keeping it overnight is a BIG factor. try garaging it. hope ive helped. xx
Filed under auto insurance price quote by on Apr 18th, 2010.
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