Expert hints on comparing car insurance groups - Car insurance bands

Details on car insurance groups

Your vehicle insurance payments will generally depend on which car insurance group your car sits in. Overall 20 categories are in existence - the lower the number, the smaller the insurance repayments will be. An elite team of experts, described as the Group Rating Panel, take elements such as the cost, security measures, fuel efficiency rating, and the price of the outer shell of a car into account before they decide what rating it will receive. Nippy cars such as Fiat Pandas and Smart cars have a rating of one where as Bentleys and Ferraris feature at the high end of the rankings. Irrespective of the fact that insurance providers do not have to follow these guidelines, many of them do, which means the offers and tariffs you obtain may be based on your car insurance band. Before purchasing a new automobile it might be worth checking out what group your chosen vehicle falls into by using the host of resources on the web to check ratings and premiums.