Confused about car insurance quotes

reddwarf2002

There's also a new car premium because you are more likely to crash an unfamiliar car.

rudekid48

There's no such thing as a standard set of car groups. Every insurer will use their own classifications based on their own claims experience / appetite for risk.

The only people that will tell you what 'group' a car is are the ones trying to sell that car to you (or so-called "experts" like honest John :rotfl:).

dacouch

Norman_Castle wrote: »

I understand insurers can rate older or cheaper cars differently but what is their definition of old or cheap?.

They don't tend to rate on "Cheap" they rate on the age of a car.

The group rating (Which can vary from Insurer to Insurer) throws up a base rate and then there is normally no discount for a new car (Sometimes a loading) but a discount that increases the older a car is.

It's the Insurers way of rating an old or new vehicle as an older car will be cheaper to replace than a brand new car.