Insurers put all cars into one of 50 insurance groups with cars in the lower groups being cheaper to insure.
What is the highest car insurance group. RSA Group clients can enjoy reward Air miles for making regular premium payments. Read general car insurance advice. 33 rows Car insurance bands or groups are determined by a group rating system.
The exact insurance group your car will sit in will depend on the trim extras and engine size of the model you choose. Think BIG Billyard Insurance Group has you covered for auto insurance. The Group Rating Panel administered by Thatcham Research assigns new car models to an insurance group from 1 cheapest to insure to 50 the most expensive.
Cars in the highest groups typically high performance models are likely to cost insurers the most in insurance claims. Most new cars are assigned to an insurance group a rating between 1 and 50 that indicates the level of risk as seen by the insurers. Insurers may use the panels recommendations in their calculation of car insurance.
Purchasing quality auto insurance in Canada should provide the protection you need for your vehicle you and your passengers. Drivers that have multiple offences on their records or DUI charges are high risk and may only qualify for coverage from these providers. With insurance groups ranging from 1 to 50 vehicles in group 50 are the most expensive to insure.
With BIG Insurance our car insurance brokers are focused on getting the best car insurance coverage for your vehicle for the right price. The cars that fall into this group usually have high market values and expensive parts and repairs. Insurance group ratings are advisory insurers dont have to follow them.
Facility Association and Pafco as examples provide high-risk car insurance. Before it is made available to buy a car is assigned an insurance group from 1-50. Up at the very top in Insurance Group 50 are high performance vehicles like the Alfa Romeo Stelvio SUV and the Audi A7 Sportback.