Vehicle testing organisation Thatcham Research’s new Vehicle Risk Rating represents the biggest change to the car insurance industry in decades.
This new rating system, which scores cars from 1-99 across five assessment bands, has been designed to deliver more accurate insurance premiums. It replaces the current Group Ratings that have been in place for more than 25 years, and takes into account performance, damageability, repairability, safety and security.
Ben Townsend, head of automotive at Thatcham Research, Victor Zhang, UK country director at Omoda and Jaecoo, Scott McCammon, head of motor repair at Admiral and Felix Page, deputy editor at Autocar will discuss what this change means for UK car insurance and the car industry as a whole.
Join our webinar ‘How a fresh approach to gauging risk will make modern cars insurable’ on 8 May at 11:00 to find out more about this industry-changing shift, how the new rating system works, how the vehicles are assessed, and how Thatcham Research can assist manufacturers with the process.
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