Car Insurance Glossary : M
The law requires the liability of the owner of a motor vehicle to be insured. This liability arises when a person is killed or injured or damage to property is caused by the use of the motor vehicle.
Motor Insurance Groups
Cars and Vans carry a group rating that is used by insurers on a scale of 1 to 50; 50 being the highest. The allocated group relates to the engine size, it's age and the car's desirability to thieves and the dafety factor.