The SUV-style Cayenne is Porsche's largest car, and prices start at £89,000. There are 50 insurance groups in total. A key part of the Thatcham Researchâs work is the administration of the Association of British Insurerâs (ABI) Group Rating system. Insurance Group Rating. Cars in the highest groups, typically high performance models, are likely to cost insurers the most in insurance claims. Bearing in mind that itâs basically cheap cars in the lowest insurance groups, there are no prizes for guessing the kind of cars in insurance group 50. Compare key financial metrics with the Ward's 50 group of top performers and the industry. A group one vehicle would be in the lowest insurance group, group 50 the highest. Uncover opportunities to improve the efficiency of your company operations, helping you increase profitability. Insurance group ratings are advisory â insurers don't have to follow them. The insurance group rating is the key. Related articles. Members of the ABI and Lloyds Market Association (LMA) make up the Group Rating Panel, which meets every month to set new car models to an insurance group. The Group Rating Panel, administered by Thatcham Research, assigns new car models to an insurance group from 1 (cheapest to insure) to 50 (the most expensive). The factors dictating the group include car car's value, performance, safety, security, and repair costs. Use our interactive tool to find out your vehicle's insurance group. Insurance group numbers run from 1 to 50, with 1 generally the cheapest to insure and 50 the most expensive. Most new cars are assigned to an insurance group â a rating between 1 and 50* that indicates the level of risk as seen by the insurers. Find out more about the way car insurance groups are decided and how the decision affects car insurance premiums. Generally, cars in lower insurance groups are usually the cheapest to cover because they're smaller, cheaper to repair and more economical as they have less powerful engines. There are 50 different car insurance groups - those in insurance group No.1 are the cheapest cars to insure while those in insurance group 50 are the most expensive. Cars in group 10 are at the cheaper end of the scale, but the overall cost of your insurance premium is also decided by your age, driving history and habits. Financial, expense, and operation benchmarking for insurance companies. Using all this information, along with past statistics on how likely it is the car could be involved in a crash or theft, an insurance group is declared from 1 to 50. Every car on the market belongs to one of 50 car insurance groups set by the Group Rating Panel (members of the Association of British Insurers and the Lloydâs Market Association). Which cars are in car insurance group 5? 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