Car insurance bands – UK Car Insurance Explained
Car Insurance Bands
When you buy a car in the United Kingdom, it will fall into one of up fifty different car insurance bands. In this article I will try to explain as simply as possible the car insurance bands from 2010 in the UK. With this knowledge you should be able to understand the level of insurance you could be potentially paying for any car you have in mind of buying.
As a rule of thumb, the higher the car insurance bands your cars are, the more money it will cost to insure driving your motor. Cars in the group 50 insurance bands; typically high end sports cars like a Ferrari, will be much more expensive in terms of insurance than cars in the group 1 category like a 1.0 Fiat Panda.
The rationale for this car insurance bands system is quite simple and straight-forward. The amount you pay in car insurance gives you a fair indication of the level of risk you pose driving a particular car. High performance cars pose a greater risk for insurers to insure because of a) their speed and power which can heighten the risk of accidents and b) the high cost of maintenance or parts make these cars very expensive to repair in the event of a claim.
There are many ways to check you car is insurance bands today
A great way to check on the car insurance bands of the car you are looking to buy, is by typing in “car insurance bands parkers” on the search engines and using the calculator they provide on their website. Just select the manufacturer’s name and the model and all the information you need for that particular car will be there.
When buying a car you might already have a model and make of a car in mind and the car insurance bands of a car might be secondary in your thoughts. Nonetheless, it is still a good idea to check the car insurance bands table to get an idea of your insurance costs so you don’t get a nasty shock and a surprise when you get your insurance quotations!
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