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  • Jose Menor, finances geek

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  • July 2009

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Car Insurance Ratings

Today we’ll talk about the necessary characteristics for various insurance groups to obtain in order to be high rated and recommended.

It is proved that ¾ of car insurance is spent on repairing vehicles. Car InsuranceBut still there are main factors to calculate the rating Here they are: damage and parts costs of a car itself. The price of a car, of course, influences the money you receive in the case of accident. Repair times and different paint finishes on modern vehicles. Value of a car and the quality of materials involved in its creation. The availability of body shells. Car’s performance and opportunities (speed, hp etc.) And, finally, its security. These recommendations were announced by the Association of British Insurers.

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