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How are cars divided into insurance groups?

Updated: 9/20/2023
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Wiki User

12y ago

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Cars are divided into insurance groups by such things age of car, price of car and make of car.If the car is a sporty car the insurance might feel it will be driven differently that a work, or family car.

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12y ago
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11y ago

The Group Rating Panel determines which cars fall into which insurance groups. Usually, the cars are placed into the categories based on cost of the car, cost of the parts, performance of the car, and car security.

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