The Association of British Insurers assigns group numbers to car models in the United Kingdom. It’s on the basis of these assigned numbers that car insurance groups are able to calculate the premium required against the car insurance group policies that these car owners are offered. Based on these numbers the car insurance groups would be able to tell you whether or not you can pay your car insurance premium monthly, annually are quarterly. While choosing a specific car insurance group for insuring your car, you need to make sure that the company abides by these assigned numbers in calculating the insurance premiums. These numbers have been created in the first place so that the car owners do not get cheated and the insurance coverage is according to the requirement of every individual car.

The knowledge of car insurance group numbers has another positive aspect to it. Since these numbers actually are synonymous with the kind of insurance coverage that your car needs, you would be able to choose a car appropriately by knowing your insurance coverage in advance. Before being launched into the market all brand-new cars are given ratings based on several factors and every car should have a number between 1 and 20. Cars belonging to group 1 are in the low-risk group as compared to those having higher numbers. As far as car insurance is concerned, the group 1 cars would be allotted to the cheapest auto insurance group and a group 20 car would have the highest insurance coverage.

Several factors are taken into consideration while assigning cars into respective car insurance groups. The expected car maintenance costs accounts for almost half of the insurance claims. So, if your car is manufactured by luxury salon car manufacturers like BMW and Alpha Romeo, chances are your car would receive a higher rating. Different car models from the same manufacturer also receive different ratings.