What are insurance groups, and more importantly how do they affect me?

Well firstly as a young driver, your choice of car will adversely affect your insurance premium, cars of a higher group will bring a higher premium.

Insurers base the premiums on several factors including;

• The size of the engine.
• Age of the car.
• How likely it is for the car to be stolen.
• Your claim history.

There are many more factors involved, but they all follow a similar template as above.

Another confusing reality is that insurers tend to use differing scales to rate which group your car belongs, and thus this is only intended as a rough guide