If you are looking for ways to find the insurance group for your car, look at this article. By reading this thoroughly, you will learn the actual definition of insurance groups and how you can find your own.
Insurance companies place all cars into insurance groups ranging from 1-to 50, where one is the cheapest to insure, and 50 is the most expensive. The group your vehicle falls under will primarily affect how much you pay for its insurance. Looking at the insurance group given to particular models can give you an idea of how risky an insurer deems a specific model to be and whether they might charge more or less to insure it.
But while you might assume that a Maserati costs more to insure than a Ford Mondeo, many factors determine the cost of your car insurance – not just the car’s value. The Insurance companies will look at many factors, such as your driving experience, where you live, and how many miles you plan to drive each year.
Table of Contents
- 1 What are car insurance groups?
- 2 How do car insurance groups work?
- 3 Insurance group 32e average cost
- 4 Car insurance groups explained
- 5 What cars are in the insurance group 1 2 3 4?
- 6 How do I find out which insurance group my car is?
- 7 Can you change your car insurance group?
- 8 Factors insurance groups include
- 9 Benefits of groups car insurance
- 10 How to get group car insurance through an organization?
- 11 How to get group car insurance through schools?
- 12 Conclusion
What are car insurance groups?
There are many different characteristics and features of every vehicle which result in them being put into a particular group. Four main aspects influence the ‘risk factor’ insurers place on a car, allowing them to categorize each model and trim level into one of the 50 groups. The higher the group, the higher your car insurance premium will be. Cars in the higher groups tend to be top-of-the-range models, those that would be expensive to repair or replace, or those that thieves more often target. If your vehicle falls into the low insurance group cars category, you will pay a lower premium.
It is easier to decide what each vehicle’s policy should cost before your details and driving history are entered for a final total. Sports cars with powerful engines are divided into groups based on their engine size and power. It tells the insurers that the driver is more at risk of making a claim. The current value of a car is another crucial factor that dictates the insurance group it will come under. However, it’s more likely to influence cover prices when the applicant is older. In contrast, younger drivers will generally see their age has a more significant impact on the cost of premiums.
When running an insurance quote, the provider will ask you for an estimated value of the vehicle you are looking to insure. This is what you paid for it at the time. It is essential to give as accurate a figure as possible. Dishonesty increasing the car’s value can lead to an insurer invalidating or canceling your policy, especially if a claim led to them discovering the vehicle’s actual market value. If you insure a leased car, the value you enter will be the vehicle’s list price when brand-new.
The level of security fitted in your car will tell insurers how secure it is and the possibility of it being stolen. The vehicles in cheaper car groups will often have a high number of security features as standard. If your car doesn’t include a good level of security, then you can still lower your premiums by manually fitting anti-theft devices to ensure that it’s more secure.
How do car insurance groups work?
A car insurance group determines how much cover is the potential to cost. Experts from comparing the market explain how the ratings are calculated. When you’re working out the cost of a new car, it’s an excellent idea to factor in how much the insurance will cost. You can get an idea of this by discovering which car insurance group a model falls into. When a new car is presented, the Insurance Group Rating Panel decides how much of an insurance risk it appears to be.
However, that’s not based just on how fast and desirable a vehicle is; the panel factors in several potential costs, such as the car’s value, repair costs, and the price of parts. Using this information, the panel assigns each vehicle to a group from 1-to 50, and the higher the group, the higher the insurance cost is likely to be. Insurers don’t have to use those suggestions, but most will factor them into their sums.
The Motor Insurance Repair Research Center, more commonly known as Thatcham, assesses new cars and provides the research that informs the panel’s decision. This retains the cost of damage and parts, the likely price of repairs, the car’s value when new, safety features, performance, and security features.
Insurance group 32e average cost
When it comes to insurance, all vehicles are assigned an insurance group from 1 (cheapest) to 50 (most expensive), which helps work out the cost of your car insurance premium. Vehicles in group 32 tend to be more costly to insure. The cars that fall in this group tend to have a more increased market value and cost a lot to repair. They are also statistically more likely to get into accidents or be involved in criminal acts.
The insurance group that a specific vehicle is assigned will depend on various factors, such as vehicle performance, safety features, cost of repairs, and security features. Several popular cars in insurance group 32 are likely to fall on the more expensive side of your car insurance premium. In many cases, cars in insurance group 32 overlook to cost more to insure because of the following factors.
- High market value
- Expensive to source parts and make repairs
- Larger engine
- Longer repair times
Car insurance groups explained
For insurance pursuits, cars are divided into groups from 1 to 50. Group 1 is the cheapest to insure. The group a particular car model fits into is usually discriminated by trim level and engine size, and type. It means the cars under the umbrella of one model can fall into different groups depending on their specifications. For example, not all Nissan Micras will be group 1 cars, but a Micra with the smallest engine size will fall into the group and be a cheap car to insure.
Each car is assigned to one of 50 car insurance groups under the Association of British Insurers (ABI’s) rating system. Each group is allocated a rating based on the level of risk an insurer feels they carry. Cars with a group 1 insurance rating harbor the lowest risk to an insurer – they might have a lot of safety features or are only capable of moderate speeds.
It’s worth noticing that the 1-50 groups should be used to indicate insurance prices. Insurers can set their own groups, although they are likely to be similar to the industry standard. Almost every new car sold in the UK is assigned to a car insurance group.
Whereas cars with a group 50 insurance rating pose a high level of risk – expensive supercars that are costly to repair could fall into this group. Like each insurer, we use our process to set car insurance premiums, but car insurance groups are used to some degree and can indicate how much it would cost to insure your car.
What cars are in the insurance group 1 2 3 4?
Group 1 cars are frequently the cheapest to insure. Cars in group 1 are in no particular order; they can currently be new and used car models in insurance group 1. You can check through car insurance checking tools. It can be helpful when you have a specific model in your mind. If you are looking for inspiration on low group vehicles, you can check the six popular cars that are the cheapest to insure. Check out the list of cars with models in different groups:
Cars in group 1
- Chevrolet (Spark) 1 liter – 5 door (-2010)
- Citroen C1 Airplay 1 liter – 3 door (2006-2007)
- Citroen C1 Airplay+ 1 liter – 3 door (2007-2008)
- Citroen C1 vibe 1 liter 1 liter – 3 door (2005-2008)
- Fiat Panda Active 1.1 liters 5 doors (2004-2008)
- Fiat panda Active Eco 1.1 liter – 5 door (-2008)
- Skoda (Fabia) Skoda Fabia Classic 1 liter – 5 door (2000-2000)
- Vauxhall (Corsa) Vauxhall Corsa Expression 1 liter – 3 doors (2006-2009)
- Vauxhall Corsa Expression Ecoflex 1 liter – 3 door (-2010)
Cars in group 2
- Citroen C1 Code 1 liter – 3 door (2008-2008)
- Citroen C1 Rhythm 1 liter – 5 door (2005-2008)
- Citroen C1 Splash 1 liter – 3 door (2009-2010)
- Citroen C1 Vt 1 liter – 3 doors (-2009)
- Citroen C1 Vtr 1 liter – 3 doors (-2009)
- Fiat Qubo Active 1.4 liter – 5 door (-2008)
- Nissan Pixo Acenta 1 liter – 5 door (-2009)
- Nissan pixo Visia 1 liter – 5 door (-2009)
- Peugeot Partner Tepee Urban (90) 1.6 liter – 5 door (2008-2010)
- Skoda Fabia Blueline (64) 1.2 liter – 5 door (2003-2003)
- Skoda Fabia Classic (54) 1.2 liter – 5 door (2003-2007)
- Skoda Fabia Silverline (64) 1.2 liter – 5 door (2003-2003)
Cars in group 3
- Chevrolet Spark+ 1 liter – 5 door (-2010)
- Chevrolet Spark Ls 1 liter – 5 door (-2010)
- Citroen C1 Cool 1 liter – 3 door (2007-2007)
- Citroen C1 Vtr Hdi 1.4 liter – 3 door (2009-2010)
- Citroen C1 Vtr+ 1 liter – 3 door (-2010)
- Citroen C2 Airplay+ 1.1 liter – 3 door (2007-2007)
- Citroen C2 Cachet 1.1 liter – 3 door (2008-2008)
- Citroen C2 Cool 1.1 liter – 3 door (2007-2007)
- Citroen C2 Design 1.1 liter – 3 door (2004-2008)
- Citroen C2 Furio 1.1 Liter – 3 door (2005-2008)
- Citroen C2 L 1.1 liter – 3 door (2003-2008)
- Citroen C2 Lx 1.1 liter – 3 door (2003-2008)
- Citroen C2 Rhythm 1.1 liter – 3 door (2008-2008)
- Citroen C2 Vibe 1.1 liter – 3 door (2008-2008)
- Citroen CC2 Vt 1.1 Liter – 3 door (-2009)
- Citroen C2 Vtr 1.1 liter – 3 door (-2009)
- Fiat Fiorino Combi 1.4 liter – 5 door (-2008)
- Fiat Panda 360 1.2 liter – 5 door (2007-2007)
- Fiat Panda 4X2 1.2 liter – 5 door (2008-2008)
- Fiat Panda 4X4 1.2 liter – 5 door (-2005)
- Fiat Panda Climbing 4X4 1.2 liter – 5 door (2005-2005)
- Fiat Panda Dynamic 1.2 liter – 5 door (2004-2008)
- Fiat Panda Dynamic Eco 1.2 liter – 5 door (-2008)
- Ford KA Digital 1.2 liter – 3 door (-2010)
- Ford Ka Edge 1.2 liter – 3 door (-2010)
- Ford Ka Grand Prix 1.2 litre – 3 door (-2010)
- Ford Ka Studio 1.2 liter – 3 door (-2009)
- Ford Ka Style 1.2 liter – 3 door (-2009)
- Ford Ka Style+ 1.2 liter – 3 door (-2009)
- Ford Ka Tattoo 1.2 liter – 3 door (-2010)
- Ford Ka Tattoo Premium 1.2 liter – 3 door (-2010)
- Ford Ka Titanium 1.2 liter – 3 door (-2010)
- Ford Ka Zetec 1.2 litre – 3 door (-2009)
- Ford Ka Zetec Tdci 1.2 liter – 3 door (-2009)
- Peugeot 1007 Dolce (73) 1.4 liter – 3 door (2005-2007)
- Peugeot 107 Allure 1 liter – 3 door (-2010)
- Peugeot 107 Envy 1 liter – 3 door (-2010)
- Peugeot 107 Kiss 1 liter – 3 door (2008-2008)
- Peugeot 107 Millesim 1 litre – 3 door (-2010)
- Peugeot 107 Sport 1 liter – 3 door (2008-2009)
- Peugeot 107 Sport Xs 1 liter – 3 door (2007-2009)
- Peugeot 107 Urban 1 liter – 3 door (-2005)
- Peugeot 107 Urban Hdi 1.4 liter – 3 door (2006-2006)
- Peugeot 107 Urban Lite 1 liter – 3 door (-2006)
- Peugeot 107 Urban Move 1 liter – 3 door (2007-2009)
- Peugeot 107 Verve 1 liter – 3 door (-2009)
- Peugeot 107 Xe 1 liter – 3 door (-2009)
- Peugeot 107 Xl 1 liter – 3 door (-2009)
Cars in group 4
- Citroen Berlingo Multispace Vt (90) 1.6 liter – 5 door (2008-2010)
- Citroen Berlingo Multispace Vt Hdi (75) 1.6 liter – 5 door (-2008)
- Citroen Berlingo Multispace Vtr (90) 1.6 liter – 5 door (2008-2010)
- Citroen Berlingo Multispace Vtr Hdi (75) 1.6 liter – 5 door (-2008)
- Citroen C3 Cool 1.1 liter – 5 door (2007-2007)
- Citroen C3 Desire 1.1 liter – 5 door (2003-2007)
- Citroen C3 First 1.1 liter – 5 door (-2010)
- Citroen C3 Vibe 1.1 liter – 5 door (2008-2008)
- Citroen C3 Vt 1.1 liter – 5 door (2009-2009)
- Citroen C1 Vtr+ Hdi 1.4 liter – 5 door (-2010)
- Citroen C2 Sx 1.1 liter – 3 door (-2010)
- Citroen Nemo Multispace Hdi 1.4 liter – 5 door (-2009)
- Fiat Doblo Active 1.4 liter – 5 door (-2010)
- Fiat Panda Active 1.2 liter – 5 door (-2010)
- Fiat Panda Alessi 1.2 liter – 5 door (2006-2006)
- Fiat Panda Eleganza 1.2 liter – 5 door (-2004)
- Fiat Panda Mamy 1.2 liter – 5 door (-2009)
- Fiat Punto (Grande) 360 1.2 litre – 3 door (2007-2007)
- Fiat Punto (Grande) Dub 1.2 liter – 3 door (2008-2008)
- Fiat Punto (Grande) Stripes 1.2 liter – 3 door (2007-2008)
- Fiat Punto (Grande) White 1.2 litre – 3 door (-2007)
- Fiat Seicento Active Sport 1.1 liter – 3 door (2003-2004)
- Fiat Seicento Sound 1.1 liter – 3 door (2003-2003)
- Ford Ka Titanium Tdci 1.2 liter – 3 door (-2010)
- Nissan Pixo N-Tec ec – 1 liter – 5 door (-2009)
- Nissan Pixo Tekna 1 liter – 5 door (-2009)
- Peugeot 1007 Sport (73) 1.4 liter – 3 door (2005-2007)
- Peugeot Bipper Tepee Outdoor 1.4 liter – 5 door (-2009)
- Peugeot Partner Tepee Urban Vti (98) 1.6 liter – 5 door (-2010)
How do I find out which insurance group my car is?
Earlier, you had to ask your dealer to know about your car’s insurance group. The insurer might have had to look in a trade guide to find out for you. These days, however, several websites offer search tools that will tell you exactly what group any particular vehicle falls into.
Car insurance group checking tools:
- MoneySuperMarket car insurance group checker
- Parkers: car insurance groups, costs, and advice
- Comparethemarket car insurance group checker
You’ll need to know exactly which vehicle you’re looking for. You can visit the website of the insurance information bureau. Make sure the make/model/variant is correct, as there can be vast differences between models in the same range. For example, you might want to know which group a BMW 4 Series falls in. A basic 420d model with a 2.0-liter diesel engine can be as low as group 29, but a 435d xDrive M Sport is a group 42, and an M4 is a group 50.
Can you change your car insurance group?
You can make your car more secure and robust, but this cannot change its insurance group. Driving your vehicle more secure with a Thatcham-approved security device, for example, could save you some money on your insurance. However, increasing your car’s top speed could have the opposite effect. The primary use of insurance groupings is when you are considering a car purchase – the dealer or manufacturer’s product information will specify. Once you know the group, you can understand how much your insurance premium will affect your decision.
Aiming for a car in a low group will help out if you as a driver are deemed a high-risk insurance preposition, as the perceived low risk attached to the car won’t bump up your premiums further.
Factors insurance groups include
Several factors come into play when the panel decides which cars sit where. These factors include:
The car’s value
It means how much the car would cost to replace on a like-for-like basis.
The cost to repair the car
The car’s value, repair costs, and time to repair the vehicle successfully vary by make and model. This includes the expense of replacement parts: the rarer they are, the higher your car’s insurance group will be.
The car’s performance
High-performance vehicles that can accelerate quickly to high speeds are considered a greater risk, resulting in a higher car insurance group. Your car’s engine size is a critical factor that insurers will assess.
The car’s safety and security
If your car has advanced safety and security features, it is more difficult to steal or tamper with, resulting in a cheaper insurance group.
Benefits of groups car insurance
The cost is the most significant benefit of car insurance as part of a group rather than an individual. This is because insurance companies are extending coverage to many people. They can offer prices that allow each person to save money. A group plan can vary from company and policy regarding a discount. Regardless, the discount can be as much as 20 percent.
If the car insurance company saves money by working with a group, they can more easily pass along the savings to group members. Car insurance companies may also be able to offer other discounts and lower premiums. These include:
- Discounts for parking garages or facilities
- Discounts can consist of car rentals, car accessories
- Services associated with your car, such as towing or repairs
Group car insurance plans may also allow for greater flexibility when it comes to payment. For example, some companies may allow you to automatically pay your premiums through Payroll deductions that may be pre-tax. Or there is a chance that you get additional leeway when it comes to setting up payment plans such as those scheduled on a monthly, annual, or semi-annual basis.
To encourage loyalty to your employer and the car insurance company, your car insurance policy could also become less expensive the longer you remain employed. Tenure discounts may be the period you hear relating to such a break. Car insurance companies may offer similar discounts to individuals, calling them royalty discounts.
How to get group car insurance through an organization?
Many domains have one or more professional groups, such as societies for journalists, attorneys, accountants, teachers, and actors. Honorary groups and societies are other organizations that may offer car insurance group options to their members. One example is the Golden Key International Honor Society, which lists insurance discounts as one of the membership advantages on the official website. Membership also merits extra discounts from banks and bookstores.
Even if the group is not related to your profession or education, those focusing on special interests may also offer group options for car insurance. These may include organizations for people interested in certain activities and hobbies, such as gardeners or train enthusiasts. The field can be open for membership perks from each particular group, depending on each organization’s size, budget, and connections.
Because the perks that come with being a paying member of a specific organization are usually a huge selling point, you may be able to research the availability of car insurance group options directly on an organization’s website. If not, you can forever contact the head of the group or chapter in your area to glean the specifics.
How to get group car insurance through schools?
Full-time high school students frequently get a break with car insurance discounts if they maintain good grades. But existing students are not the only ones who may only get a break on car insurance rates. Geico is a company that offers discounts to alumni of specific schools. Geico presents up to 8 percent off insurance rates for alumni. Depending on where you received your advanced education or additional training outside the high school.
You may be part of a group with a car insurance option. Colleges or trade schools may deliver car insurance group options, with one example coming from the City University of New York. Car insurance discounts are on the list of the many advantages that come with being a CUNY alumnus, according to the benefits segment of the alumni association website. Alumni benefits include discounts on several other items as well. Those benefits are:
- Home insurance
- Dining and travel
- Theater and movie tickets
- Access to CUNY libraries, professional development, and resuming education programs
To be eligible for the benefits of being a graduate of a specific school or institution, you are usually directed to officially join that particular alumni organization or group as a paying member.
However, the annual membership price can balance out the cash you save if you take advantage of the car insurance breaks and other cash-saving benefits. Schools may require graduation as a term for membership preferably than attendance. Find out more about group options through your school by reaching the development staff or alumni office.
Car insurance groups put cars in a particular group by trim level engine size and type. The groups range from 1 to 50. One is the cheapest group to insure cars. Groups help people to recognize their insured cars easily. In this article, a list of cars is mentioned with their model that which car falls in which group. You can even search for your insurance group type with the help of the tools provided above.