What Insurance Group Number
A group one vehicle would be in the lowest insurance group group 50 the highest.
What insurance group number. The groups for car insurance are numbered from group 1 to group 50. B your member id number is unique to you. Every car belongs to one of 50 car insurance groups which band cars from the cheapest to the most expensive to insure starting with group one the cheapest and ending with group 50 the most expensive. How car insurance groups work insurance groups were first introduced in the 1970s as an easy to understand way for people to get an idea of how big the premiums were likely to be for a specific vehicle.
It is also referred to as the group number. Usually the policy number is indicated at the top of the insurance billing statement or the health insurance card. What cars are in insurance group 1 2 3 4. It guides you on how to utilize your health plan.
Key in your reg to find out where your car sits. Enter your registration to find out where your car sits. Every car in the uk is allocated an insurance group to help insurers work out the cost of cover running from 1 cheapest premiums to 50 highest. The types of cars in the lower groups are the cheaper types of car to insure.
It helps to identify you come under the certain health schemes. The group number for your health insurance policy as you might expect refers to the number for the group plan you are a part of. This group plan usually includes you and the other employees of the company you work at. The group number is created when a company first signs up for insurance.
Everyone who has insurance through your company will have the same group number. A your group number is the number found on your health insurance id card that is unique to your company. If you purchased the insurance policy through your employer you belong to a group insurance plan. Find out more about the way car insurance groups are decided and how the decision affects car insurance premiums.
It may not include everybody or company but only all the people at your company who are on the same plan. A group policy number is like a reference number. The group id isn t the same as your policy number everyone in your organization who participates in the insurance plan shares the same group id number. You ll also see a group id number on your insurance card 1.
The more powerful expensive and rarer your car the higher the group it will be in. Find out which insurance group your car is in. Cars in the lower groups are cheaper to insure while cars in the higher groups are more expensive.