The cost of car insurance has fallen by £72 (-8%) year-on-year, according to new Premium Drivers research from Compare the Market. The average premium declined to £776 in September 2024, compared to £848 in September 2023. August 2024 and September 2024 were the first months where car insurance premiums have been cheaper than the same period in the previous year since June 2022 – 26 months ago. … [Read more...]
Remove tax barriers to safety and save lives, says IAM RoadSmart
The UK’s leading road safety charity, IAM RoadSmart, is calling on the Chancellor to take steps to both saves lives and reduce the impact of road traffic collisions in her Autumn Budget. By incentivising the take-up of additional road safety courses through the tax system, it will also help save motorists money as the UK emerges from a cost-of-living crisis. With the cost of insurance hitting … [Read more...]
Learners ripped off in test booking ‘black market’
With the average post-pandemic wait for a practical driving test still at around four-and-a-half months across England and Wales, the RAC is today warning learners to avoid websites offering to book or alert them to available test slots and only ever use the official Government site. Since January 2023, the Driver and Vehicle Standards Agency (DVSA), which is responsible for the driving test, has … [Read more...]
Welsh racer joins McLaren development programme
Welsh teenager Ella Lloyd has joined the McLaren Driver Development programme. The 19-year-old will drive in Formula E's Women's Test in Valencia, Spain, on 7 November and will then represent McLaren in the 2025 F1 Academy season, in an entry operated by Rodin Motorsport. Lloyd, whose family is from Pontypridd, joins the programme following an impressive British F4 season where she secured four … [Read more...]
Testing times for learners
If pass rates are anything to go by, driving theory tests are hard – harder than they’ve ever been. Pass rates have dropped dramatically since 2007, falling from an average pass rate of 65% to 45% between April and December 2023. This is based on the latest government data, which we have analysed with help from the road surfacing experts at Instarmac. We’ve painstakingly combed through the … [Read more...]
400 mile trip to face a driving test
Learner drivers could travel a staggering 25 miles for a driving test by 2030, according to new data, as test centre locality and available test slots dwindle. That’s according to a new report by learner driver insurance broker Marmalade, which has revealed the scale of how far learners are travelling for a driving test. One learner from Surrey, Kayla Van Dorsten,18, had to travel a total of … [Read more...]
Add more for less and get a lower premium
Young motorists aged under 25 could save up to £281 on their car insurance by adding an experienced named driver to their policy, said Compare the Market. It reveals the typical premium for a young driver is £1,859 with an additional named motorist on the policy. Without any other named drivers on the policy, the average premium for a young person is £2,140 – a 15% increase. However, all named … [Read more...]
Premiums rise & much higher for older drivers
The cost of car insurance has risen by 18% year on year, according to new Premium Drivers research from Compare the Market but older drivers are being priced off the roads. The typical premium stood at £850 in May 2024 after rising by £132 over the previous 12 months. The increase in the cost of car insurance in the past year may in part be due to a rise in the cost of claims for insurers. … [Read more...]
Newslines 10 June
The Volkswagen Group is entering a new business segment with the Elli charging and energy brand and will develop, build and operate large-scale stationary storage systems together with partners along the value chain. The largest projects in the Elli project pipeline currently have a capacity of up to 350 MW and a storage capacity of 700 MWh, which will almost double the total storage capacity … [Read more...]
Young drivers hit with premiums over £3,000
The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market. This is a substantial £1,071 increase, or 53%, in the typical cost of car insurance for a 17-year-old from last year's £2,004. The average cost of car insurance for a driver with a provisional licence (all ages) is £726. … [Read more...]
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