How to Use Car Insurance Groups to Lower Your Insurance Premium

If you are thinking of buying a new car and you areperformance rating. They will take into account the
trying to figure out what your total cost of operatingcost of replacing various parts of the car and how
the car will be, you need to consider not only youreasy it is to get those parts. If you have a high end car
monthly car payment, and where you will park yourthat parts are not readily available for, you can be
new car but also how much your insurance premiumsassured your model car will fall in the higher numbers. If
will be. You can get a ball park figure for the insuranceyou have a more available car, your number will be
premium level if you use the car insurance groupslower. After the model of car gets a number rating, it
rating system before you actually go out and purchasewill get a letter rating for security purposes. These
a car. The cars are rated in groups from 1 - 20. Theletters give an idea of how likely the car is to be stolen,
number is determined by the Insurance Group Ratingetc... A rating of E stands for exceeds security
Panel. These people look at the risk you incur with thestandards. A means that the standards are
type of car you will be driving. The lower the numberacceptable. P is provisional. D means that the car does
your model of car is in, the lower your insurancenot meet standards and U means unacceptable. The
premium will be.insurance companies base their rates on this number
The car insurance groups' rating is based on things likeand letter system for setting insurance premium levels.
the cost to replace your car, and the vehiclesCheck it before you make a purchase.