Car Insurance Groups

Car insurance groups can have important effect on your premiums. Do you know cars in lower insurance groups attract a lower premium? Carinsurance-org.uk deals with car insurance groups and helps you know how it works.

About Car Insurance Groups

Motor insurance groups are originally set by the Group Rating Panel. It includes members of the Association of British Insurers (ABI) and Lloyds Market Association (LMA). Each month, they recommend an insurance group for each passenger car manufactured in the UK.

The Group Rating Panel assigns the respective groups to the cars. Cars in the highest groups always have high insurance claims. Insurers, in recent times, often use the recommendations of these car insurance groups in order to make calculations of motor insurance premiums. However, insurers can also choose their own insurance groups.

You need to be completely updated about the workings of car insurance groups while looking for car insurance quotes. Log on to carinsurance-org.uk for more information about these groups.