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March 14, 2012 Newswires
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Brand new Car Insurance Group tool released

PR Web

London, UK (PRWEB UK) 14 March 2012

New car buyers can use the tool to find out the insurance groups of the cars they are considering buying. Cars in higher groups are likely to command higher insurance premiums and vice versa.

Car insurance prices in the UK have been rising steadily over recent years, and choosing the right car has become increasingly important to road users looking to control the cost of motoring.

With the Labour party forecasting a rise in women’s car insurance of over £360 when the new EU Gender Directive comes into force in December 2012, many will be forced to downsize their vehicle to compensate. Lower group cars do often come with the benefit of being more fuel efficient, so opting for a more modest vehicle could provide a number of financial benefits.

Luke Eales, Marketing Director at CarInsuranceGroups.co.uk, said “Choice of vehicle can have a large effect on the range of car insurance quotes received. Car choice tends to be most important to young drivers, who often won’t be able to get cover on cars in groups 30 and over. It’s normally recommended that teenage drivers stick to cars in groups 10 or lower.”

As well as allowing motorists to check the group of their preferred cars, the newly expanded website also offers the ability to browse by group, illuminating which cars are in lower groups. For example, for those happy to let insurance groups drive their choice of car, it’s worth taking a look at insurance group 1 for the most affordable vehicles.

Among the cars in group 1 include the Chevrolet Spark, Citroen C1, Fiat Panda, Skoda Fabia and Vauxhall Corsa.

Cars making up group 50 include the Porsche 911, Mercedes SL, Audi R8 and Range Rover.

The only manufacturer with vehicles in both groups 1 and 50 is Volkswagen, with the Fox in group 1 and the Phaeton in group 50.

Eales also reminded consumers, “the price of your insurance doesn’t usually correlate closely with the value of your car – in other words, a £250, 20 year old car could end up costing more to insure than a £1,000 car half its age.”

Read the full story at http://www.prweb.com/releases/car-insurance/groups/prweb9277454.htm

Copyright:  (c) 2012 PRWEB.COM Newswire
Wordcount:  368

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