Ever wondered what the different car insurance groups are and whether or not you’re getting the best deal? If not, then maybe now is the time that you should as you could be able to save yourself a fortune.
What are the groups?
In case you didn’t know already, insurance groups are for all vehicles within the UK. The cost of car insurance will depend on which insurance group you have been assigned to.
The insurance groups range from 1 to 50, with the lower groups being the cheaper option to insure.
To help determine which group your insurance will fall into will depend on a consideration of various different factors, such as, safety, performance, security, size and weight as well as the cost of repairs. There are also other aspects such as the value of the vehicle in question and it’s age that will be taken into account.
Although not all insurance providers will follow these exact groups, they will generally tend to follow something very similar.
So if you were looking for a way as to how you could save money on your premium, you could think about buying a car that is in a low insurance group.
Which are the cheapest cars to insure?
Usually, the cheapest cars to insure are those that quite cheap to purchase. So it would generally tend to be those that have a low specification and a small engine etc.
So if you were thinking about buying a cheaper car to help make your premium that little bit cheaper, you could look into buying a Citroen C1, Ford Ka, Volkswagen polo or maybe a Vauxhall Corsa Hatchback. These are just some examples of those cars that are considered to fall into the cheaper categories.
Compare car insurance quotes
Before you go taking out a new insurance premium it’s always a good idea to have a look around first and see what deals are out there.
There are some great car insurance comparison sites out there, which can help you to find a cheap deal for your cover. Just remember though that as with all insurance policies, the cheapest quote isn’t always necessarily the best. So take your time before making a decision and try and find the balance if your can between the cost and level of coverage.
If you’ve decided that now is the time to sell your current car as you want to opt for a smaller car that will help you with a cheaper insurance premium, then we can help you to sell your car right here.
Just by entering your registration number, we can get you an instant valuation for your vehicle. Within seconds you’ll receive a full list of offers, which will allow you to compare values from the best online car buyers from within the UK for your vehicle.
So if you fancy a go and you want to get an idea of how much your car could be worth, then why not enter your reg number today and let us help you find the best deal for your vehicle.