Are van insurance groups different to car insurance groups?
Yes. There are 20 different van insurance groups with those in lower groups being the cheapest to insure. The Association of British Insurers (ABI) is responsible for determining which group a vehicle is placed in and there are a few factors that affect this.
- The size and weight of the van
- The value of the van
- The cost of repairs
- How likely the vehicle is to be stolen (security levels)
Check your van’s insurance group now