loan,banking and credit
*Loan,banking and credit>>>insurance group

What does the term 'Insurance Group:3' mean when your buying a car?



does it mean the cars been in some sort of accident?

no all cars are put in an insurance grouping. The groups go from a group 1 all the way up to 20+
A group 3 is prob a corsa or a higher spec KA. Group 20's are subaru's. Its a low insurance group and basically means it will be cheaper to insure
Cars that have been in accidents are grouped in letters.
Write off cat a-d for example
it means thwe level of money you eill have to pay... I think
Was going to answer, but previous gave you all the info you need. Give her the points
This site will give you the grouping for most cars

http://www.abi.org.uk/carinsurance/searc...
All cars are grouped into groups (funnily enough lol).
It all depends on how modern the car is, the value of the car, whether its statictically more liable to be in an accident (corsa's and saxo's are the worst because all these silly racer types drive them), engine size and a few more things.

Insurance groups go from group 1 (small inner city type cars) to group 20 (aston martins, ferraris etc).

http://www.abi.org.uk/carinsurance/searc...

Type the car in your looking at and click submit and it will tell you.

Its got nothing to do with whether that individual car has been in an accident, its just lets the insurance companies work out how likely that particular model of car is claimed for, the higher the group, the more likely they there will be some sort of claim on it.
The groups range from 1-20
Group 1 being cheapest to insure
Group 20 being most expensive to insure

For a full list of cars into which groups they are in:
http://www.parkers.co.uk/insurance...
Rachel`s the winner !
Tags
term insurance blue cross insurance cheap insurance aetna insurance insurance companies insurance group insurance leads insurance rates insurance agent insurance broker insurance claims
Related information
  • What does the term 'Insurance Group:3' mean when your buying a car?
  • How long do i have to have group insurance before i can collect COBRA health coverage after leaving my job?
  • What is the rate difference between portable group life vs conversion group life insurance.?
  • Which health care group insurance is the best in Canada ?
  • Im planning to buy a car with Insurance group 11 on it, anybody there can explain what does it mean...?
  • Insurance groups?
  • Do cars have insurance groups in USA?
  • Is there a list of motorbikes and their insurance groups available to the public in the UK?
  •    

    SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR
    For personal non-commercial use only.