Auto Insurance Quotes In Under 5 Minutes - FREE!
logo
Finding Cheap Auto Insurance in is Only a Few Clicks Away!
Users Rating : 0 out of 5 based on 0 ratings.
How Are We Doing?
  
  Are you insured? Yes No

Affordable-Auto-Insurance-Quotes.net is pleased to present the following article related to...

Car Insurance

Car Insurance Groups Decide The Amount Of Premium You Pay For Your Car
By John

In the recent past auto insurance rates have increased, especially for young drivers which have resulted in problems for new drivers whose premiums are somewhat on the high side. In the recent past car insurance rates have increased, especially for young drivers which have resulted in problems for new drivers whose premiums are somewhat on the high side. However, young female drivers may need to pay less because they are a lower risk proposition. So, before purchasing it would be wise to view the car insurance groups that a particular car falls into. There may be different grouping structures and the insurance premium goes up as you move up in these groups.

Don't Be Mystified By The Different Premiums Charged

Many people that want can often be mystified with the different policies and may have trouble understanding why the company is charging them the premium they are charging and how the type of car has an effect on such premiums.

It is thus important for you, as a car insurer to understand that you can get lower insurance premium costs by falling in a lower car insurance group and this can best be achieved by purchasing a car that falls in a lower category or group.

These groups classify cars in a certain level of insurance and each car is assigned a group starting from one and ending at twenty. Such grouping allows each model of car to be banded with cars having similar features and a particular model of car can be spread in many groups.

There are many factors that come into play when classifying a car into a particular car insurance group, and these include the cost of repairing a car and costs of damage and parts, time required to repair the car, new car values, availability of body shells, performance of the car including acceleration and top speed, and the security features fitted as standard equipment by the manufacturers of different automobiles.

These groups are not arrived at by individual companies, but by an association that represents car insurance companies in full. However, individual companies may vary the groups based on their own experience. It is usual for family cars to fall into the six to twelve car insurance groups if they do not have high-powered engines. On the other hand, sports cars as also high-risk cars fall into the higher group ratings and that would mean having to pay extra for your car insurance premium.

Among the lower groups you would find cars such as Citroen, Toyota and Renault, and in the middle groups you can find cars such as Ford Focus, Mercedes A+ class as well as VW Polo. The higher group cars include BMW and Audi A4 while the highest group cars include Aston Martin and BMW M3 series. With these models in mind, you can get a rough idea as to which car insurance group your car falls into and when buying a new vehicle you can keep this in mind.



We hope the above article related to insurance car has been helpful to you. Here's some more of our recent auto insurance articles you may find of interest...
Auto Insurance 102
By Deepak Bansal
If you are buying a Auto-vehicle then you should always go for Auto Insurance. With the Insurance solutions if your vehicle is damaged by any accident then you can get money for Read more...
Find Out How To Comparison Shop For Car Insurance
Car insurance is something that we all need to have but how many of us take the time to shop around? Probably not as many as that number should be. Basically, shopping for car insurance is something Read more...
There’s No Problem Getting Texas Auto Insurance In Texas
By Peter
Everything is big in Texas and so it is with Texas auto insurance. You will have a tough time driving in Texas if your car is uninsured. You'll have to have Texas auto insurance to Read more...


ENTER ZIP CODE
  Are you insured? Yes No