Browsing: Thatcham Research

The UK car insurance industry is changing with the introduction of new Vehicle Risk Ratings (VRR). These ratings aim to provide a more detailed assessment of car insurability and costs.

Find out how car insurance is changing with the introduction of Vehicle Risk Ratings, a new system from Thatcham Research that assesses vehicles based on performance, desirability, repairability, safety, and security.

A new car insurance rating system called ‘Vehicle Risk Rating’ (VRR) launches, utilizing a 1-99 scale to assess risk based on five criteria, replacing the existing group system.

Thatcham Research has rolled out a new Vehicle Risk Rating (VRR) system to improve the accuracy of vehicle insurability evaluations in the rapidly changing automotive landscape.

Learn about the Vehicle Risk Rating (VRR) system replacing car insurance groups in the UK. Discover how it affects premiums and car purchasing decisions.