How motorbike insurance works? i.e group 1, 2 ect?

Im curious to how motorbike insurance in ireland or europe works!
You often here that a group 4 bike is cheaper then a group 3.
how does it all work?? do they judge by the modle make or what?
Im nearly 18 and i want to get a CBR 250cc so what group would that be in? plus how can you find out which 250cc bike is the cheapest to insure???
Thanks

best insurance company i know is carrol nash…cheep with lots of benefits

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