Car Insurance Groups

What are car insurance groups? There are 50 car insurance groups. Car insurance groups are used to provide an indication of risk to insurers. Cars in group 50 are classed as the highest risk and cars in group 1 are perceived as the lowest risk. Typically, high performance vehicles will be placed in higher groups as they are likely to present the highest risk to insurers and thus incur the largest costs in the event of a claim.
11/11/2011 12:00:31 Jo