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What is 8E car insurance?

What is 8E car insurance?

‘D’ means the model doesn’t meet requirements so the group has been raised (eg a Group 7 car doesn’t meet the security standards, so is rated Group 8E) ‘U means the level of security is a long way behind the standard required.

What is 9E insurance group?

Theft deterrents E= Exceeds the security requirement for a car of this type and the group rating has been reduced – so a group 10 car that exceeds the standard is listed as a 9E. A = Acceptable security requirements for the car’s group.

Is insurance group 23e expensive?

What is insurance group 23? Therefore, the vehicles found in group 23 are among the cheapest to insure. The cars that fall in this group usually score well in factors used to determine the group ratings, such as having a lower market value, good car safety and installed security features.

Is insurance group 14 high or low?

So, insurance group 14 cars are mid-range when it comes to insurance costs. There are 50 car insurance groups and generally, the lower the number the cheaper the insurance. Groups are based on your car’s power, value, security and repair costs. So, insurance group 14 cars are mid-range when it comes to insurance costs.

How much does it cost for Insurance Group 8?

Insurance groups are non-sense these days….. A group 8 might cost you £400 in one part of the country, or £900 in another. A Bugati Veyron is group 20, but so is a Subaru Impreza WRX…. The insurance groups as mentioned are now 1-50. The Impreza STi is around insurance group 40 now.

How are insurance groups rated in the UK?

The Insurance Group Rating system is run by the Motor Insurance Repair Research Centre (Thatcham). The Group Rating Panel (members of Association of British Insurers’ (ABI) and Lloyds Market Association (LMA) allocates groups based on Thatcham’s research. Insurance grouping takes account of: price when new

What does 15E stand for in car insurance?

Insurance group 15e is the middle between the cheaper and more expensive car insurance brackets. The letter E refers to theft deterrents and has exceeded safety requirements.