Star Ratings indicate where a Motor GAP Insurance product sits in the market in terms of the features and benefits it offers.
The higher the Star Rating, the more comprehensive a product will be. Products rated 1 Star are a basic product, with a low level of features and benefits, while 5 Star products provide the highest level of cover with a comprehensive range of features and benefits and must meet additional minimum criteria in certain areas.
Defaqto Star Ratings are calculated using a scoring system called Data Numerical Analysis, or DNA. They assess between 40 and 100 features and benefits for each product or insurance policy, with each scored from 1 to 5.
The scores for each product are then totalled and all products ranked. Their industry experts determine the scores necessary to achieve 1, 2, 3, 4- and 5-Star Ratings.
The criteria used to determine Star Ratings are based on Defaqto’s views of which features are likely to be important in helping consumers decide which products they need.