| Insurance Group |
Most cars are given an insurance group ranking based on the level of
risk involved with each car type and group (often based on likely repair
costs). Generally, high-powered performance cars will be in the highest group
(up to ‘20’), whereas a small car will be generally lower ranked and
therefore should receive cheaper car insurance. |
| Cost of vehicle |
If you
drive a performance car you can expect to pay a higher premium as these cars
generally cost more to repair than others, this is the same for classic cars
although it maybe worth seeking out specalised insurers as they may be able to
quote you cheaper. |
| Engine size |
The more powerful the car the more likely it is to be involved in a high-speed
accident! |
| Age and Sex |
Younger drivers and learner drivers are less experienced and therefore
considered more likely to be involved in an accident. Some companies now also
offer lower premiums for women because statistics have proven they are involved
in fewer accidents than men. |
| Your occupation |
If you are driving as part of your job you are more likely to be
involved in an accident than someone who, for example, only drives at weekends.
Also if you are, for an example an actor / entertainer your premiums may be
higher than if you work in an office. |
| Where you live |
Higher
density of traffic and higher crime rates can make your car more susceptible to
an accident or theft, your postcode is used to determine this. |
| Your history |
The more accidents you have, the more expensive your cover is likely to
be. |
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