These groups calculated through by analysing a range of information such as how safe and secure a model is and its level of performance.
Mark Greening, car insurance expert at GoCompare told Express.co.uk: “Generally, smaller cars can be cheaper to insure if you’re looking to reduce costs.
“Excluding personal circumstances, an insurance rate is mainly defined by the insurance group a car is put in.
“Broadly speaking, higher performance cars top that scale, while cheaper run-arounds are lower as they’re considered less risky.
“With smaller cars, for example, the lower the insurance group the smaller the parts such as the engine, which would be more affordable for an insurer to replace if there was an accident.”
Published at Sat, 06 Jun 2020 04:01:00 +0000