Car Insurance Groups

Car Insurance Groups

Car Insurance Groups

When choosing a new car many areas must be explored, allowing you to decide whether or not it is the right vehicle for you. Its practicality must be measured, as well as its engine size and how fast the vehicle will depreciate in value. Where these are the details you must be happy with the are also the features that insurers wish to know, allowing them to arrive at a premium that best reflects the car’s requirements.

It is safe to say that the most important question to be answered is what insurance group your chosen vehicle will fall into, allowing you to gauge the amount the car will cost for effective insurance coverage.

At High Gear we work with the administration of the Association of British Insurers (ABI), making use of their Group Rating System when compiling quotes for customers. This is an advisory system used to illustrate to insurers the relative risk each car poses, allowing premiums to be made in accordance.

Car insurance premiums are labelled between one and fifty, seeing that insurers can work in a quick and effective manner once learning the group number each car is placed. Insurance rates are calculated with the car’s criteria in mind, taking into account many different features of the vehicle. The level of security plays an integral role in the outcome of the calculation, with the ABI deciding whether or not the car in question is in risk of theft. The cost of vehicle repairs also has a bearing on the insurance category your vehicle will be placed in, allowing the insurer to be prepared for risks.

The Group Rating Panel is comprised of members of the Association of British Insurers (ABI) and Lloyds Market Association (LMA). With regular meetings the group are always up-to-date with new vehicles and their features, offering accurate and honest details that insurers can make use of. If you wish to learn more about insurance groups or would like to receive a free quote for car insurance then get in touch today and speak with one of our policy specialists.

Here’s a quick tool for you to check the Car Insurance groups.

Services

View Our Services
car-insurance
CAR INSURANCE

We can help guide you through the often confusing world of car insurance and find the policy that’s right for you.

taxi-insurance
TAXI INSURANCE

Being a Taxi driver is a fantastic occupation, although it’s one that comes with its own challenges and hazards too.

van-insurance
VAN INSURANCE

Van owners out there, we would like to welcome you to HIGHGEAR Insurance, the UK’s first choice for van cover.

chauffeur-insurance
CHAUFFEUR INSURANCE

A chauffeur is an important and rewarding job where you get to meet interesting people AND drive some fantastic cars.

wedding-car-insurance
WEDDING CAR INSURANCE

Transport is a vital part of wedding day nuptials and can serve so much more than simply the opportunity to travel.

truck-insurance
LORRY INSURANCE

No trade is left out of our prices for coverage, understanding the necessity to reduce business rates to increase profit.

Testimonial

Our Customers

CALL US TODAY FOR A QUOTE TO SEE IF WE CAN BEAT YOUR RENEWAL PRICE

Contact Us

Your Quote

Partners

Insurance Partners
customer-logo
customer-logo
customer-logo
customer-logo
customer-logo
customer-logo
customer-logo
customer-logo