Club G40 Forum

Club G40 => General Car Chat => Topic started by: grayg40 on January 20, 2010, 12:30:05 pm

Title: insurance group?
Post by: grayg40 on January 20, 2010, 12:30:05 pm: just wanting to know what the G40 insurance group is?
sorry if this has been asked before, i did try a search but didnt find anything.
cheers
Mark
Title: Re: insurance group?
Post by: lance on January 20, 2010, 01:23:23 pm: 13 i think mate
Title: Re: insurance group?
Post by: jez1272gt on January 20, 2010, 03:45:30 pm: ^^correct!!
Title: Re: insurance group?
Post by: NeilG40 on January 20, 2010, 06:08:59 pm: I think you'll find it's 15

http://www.thatcham.org/abigrouprating/
Title: Re: insurance group?
Post by: Varley on January 20, 2010, 06:09:17 pm: Insurance companies use the ABI (association of british insurers) groupings as guidance only. If they want to rate it differently they are free to do so, so pinch of salt recommended.

Fairly sure ABI allocate it as a group 15 in any case?
Title: Re: insurance group?
Post by: grayg40 on January 21, 2010, 07:54:09 am: cheers thought it was about 15
Title: Re: insurance group?
Post by: karmann on January 21, 2010, 08:59:54 am: Always thought it was 13* the star usualy meany "high risk" lots of companies will not insure me due to the mods tho
Title: Re: insurance group?
Post by: jez1272gt on January 21, 2010, 10:00:49 am: I was told 13 by a couple of companies...
Title: Re: insurance group?
Post by: wozzaG40 on January 21, 2010, 03:58:53 pm: Well according to my Insurance company it is group 14 so im slightly confused now
Title: Re: insurance group?
Post by: DMWG40 on January 21, 2010, 04:12:54 pm: never heard it as 14, only 13 or 15, had my car since 97
Title: Re: insurance group?
Post by: grayg40 on January 21, 2010, 05:24:09 pm: i have never asked the group when i got insurance i just paid the money, thats why i asked on here. it probably just depends on the company what group it is.
Title: Re: insurance group?
Post by: diggersg40 on January 21, 2010, 06:21:32 pm: who cares classic car insurance is the way forward ;D ;D
Title: Re: insurance group?
Post by: jez1272gt on January 21, 2010, 07:06:33 pm: Quote from: diggersg40 on January 21, 2010, 06:21:32 pm
who cares classic car insurance is the way forward ;D ;D

lol!!
Title: Re: insurance group?
Post by: Jezza-7 on January 21, 2010, 07:12:20 pm: Dont you have to be over 25 for classic insurance?
Title: Re: insurance group?
Post by: Nick_S on January 21, 2010, 09:18:44 pm: Group 15 according to trade bible Glass's Guide.
Title: Re: insurance group?
Post by: batten on January 22, 2010, 12:16:06 am: mines insurance group 15
Title: Re: insurance group?
Post by: grayg40 on January 22, 2010, 08:01:14 am: Quote from: Jezza-7 on January 21, 2010, 07:12:20 pm
Dont you have to be over 25 for classic insurance?
i think it goes by car age rather than your age, but i could be wrong
Title: Re: insurance group?
Post by: Varley on January 22, 2010, 12:05:30 pm: My area of expertise this lads, ABI rate it as a 15 for sure, 100%, although this is intended as a guide to consumers only, not a hard and fast rule which insurers are obliged to stick to.

If you ask your own insurer they will tell you the group they allocate it as. For example we rate it as a 63/99 where a broker support 99 groups, 15 where they support 20 group etc. others will be different and that's before we get into whether we choose to impose special terms or apply a load based on another factor (we apply an additional load to 4x4's for example)

I guess the main point to make is that any argument that you might have following being quoted more for a G40 than another car which is supposedly the 'same group' will likely result in disappointment!
Title: Re: insurance group?
Post by: tdh-syorks on January 22, 2010, 02:29:06 pm: Quote from: grayg40 on January 22, 2010, 08:01:14 am
Quote from: Jezza-7 on January 21, 2010, 07:12:20 pm
Dont you have to be over 25 for classic insurance?
i think it goes by car age rather than your age, but i could be wrong

the car has to be over 15 years old and the driver(policy holder) must be over 25
Title: Re: insurance group?
Post by: lance on January 22, 2010, 07:17:12 pm: varley, where do you work?
Title: Re: insurance group?
Post by: Etches on January 22, 2010, 07:35:41 pm: Quote from: tdh-syorks on January 22, 2010, 02:29:06 pm
Quote from: grayg40 on January 22, 2010, 08:01:14 am
Quote from: Jezza-7 on January 21, 2010, 07:12:20 pm
Dont you have to be over 25 for classic insurance?
i think it goes by car age rather than your age, but i could be wrong

the car has to be over 15 years old and the driver(policy holder) must be over 25

Not true this pal, i have a mate whos on classic car insurance at 18 with footman james
Title: Re: insurance group?
Post by: batten on January 22, 2010, 10:13:03 pm: yep thats true, i had classic insurance for my hillman imp when i was 17
Title: Re: insurance group?
Post by: Varley on January 25, 2010, 01:35:45 pm: Quote from: lance on January 22, 2010, 07:17:12 pm
varley, where do you work?

I'm a senior analyst for one of the big motor insurance companies in the UK. I work in pricing.