Notices
ScoobyNet General General Subaru Discussion
Sponsored by:
Sponsored by:

why our insurance has gone up, insurance groups go to 50!!

Thread Tools
 
Search this Thread
 
Old 17 December 2010, 10:26 AM
  #1  
rosssti
Scooby Regular
Thread Starter
iTrader: (1)
 
rosssti's Avatar
 
Join Date: Jun 2009
Location: stockport
Posts: 286
Likes: 0
Received 0 Likes on 0 Posts
Default why our insurance has gone up, insurance groups go to 50!!

What once was group 20 could now be group 50!!

http://www.parkers.co.uk/insurance/g...aspx?model=850
Old 17 December 2010, 12:43 PM
  #2  
Moley
Sponsor
iTrader: (9)
 
Moley's Avatar
 
Join Date: May 2004
Posts: 10,884
Received 24 Likes on 11 Posts
Default

That isn't why insurance is going up at all.

Lots of insurers have used the 1-50 groupings for years now.
Old 17 December 2010, 01:31 PM
  #3  
scoobyride
Scooby Regular
iTrader: (8)
 
scoobyride's Avatar
 
Join Date: Sep 2009
Posts: 559
Likes: 0
Received 0 Likes on 0 Posts
Default

parkers didnt use these groupings until recently ive noticed.
Old 17 December 2010, 02:06 PM
  #4  
topman2180
Scooby Regular
 
topman2180's Avatar
 
Join Date: Nov 2009
Location: Berkshire
Posts: 525
Likes: 0
Received 0 Likes on 0 Posts
Default

its probably no different if the subaru sti is group 20 on the 1 to 20 scale and so would a ferrari be for example they probably just put an additional % load on a ferrari , but going by the 1 to 50 scale the subaru's are around group 40 and the ferraris are group 50 which would be % loaded by grouping . Thats my guess I did insurance underwriting for 11 years but Ive been out of the game along time. Apart from the value of our cars is there anything that actually goes down in price , petrol, food , insurance its all business and businesses need to make money.
Old 17 December 2010, 04:14 PM
  #5  
Kartingsteve
Scooby Regular
 
Kartingsteve's Avatar
 
Join Date: Feb 2004
Location: surrey
Posts: 228
Likes: 0
Received 0 Likes on 0 Posts
Default

When I started there was only 7 groups
Old 17 December 2010, 08:12 PM
  #6  
Ozzy_B
Scooby Regular
iTrader: (2)
 
Ozzy_B's Avatar
 
Join Date: Feb 2005
Posts: 423
Likes: 0
Received 0 Likes on 0 Posts
Default

when i worked in insurance a few years ago, cars were rated on a 20-99 scale (this includes the likes of tesco, directline etc), with an import impreza sitting nicely at approx 89, higher than some ferrari's on the system
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Mattybr5@MB Developments
Full Cars Breaking For Spares
28
28 December 2015 11:07 PM
scoobhunter722
ScoobyNet General
52
20 October 2015 04:32 PM
TurboAndy
Insurance
2
18 October 2015 08:01 PM
Iqy7861
Insurance
5
01 October 2015 07:57 PM



Quick Reply: why our insurance has gone up, insurance groups go to 50!!



All times are GMT +1. The time now is 12:33 PM.