Go.Compare Car Insurance says the best day to renew is 27 days before it expires. The data shows that policyholders could pay up to 50% more if they renew their policy on the day it’s due for renewal, compared to 27 days before. The findings are based on the average premium paid by policyholders in 2022, and also found that the most expensive time to buy … [Read more...]
Insurance Features
Newslines 23 May
RM Sotheby’s has successfully conducted its biggest ever Villa Erba sale, grossing a remarkable €52,953,100 in front of a packed salesroom on the shores of Lake Como. The undeniable star attraction of the sale was the no reserve Aurora Collection, which sold for an astonishing cumulative value of €25,288,500 after hotly contested bidding throughout with a … [Read more...]
Government forcing drivers to slow down
Drivers are being forced to slow down on motorways and A-roads in England, as the speed limit has been reduced from 70 to 60 miles per hour along extensive stretches of major roads, according to new analysis from Churchill Motor Insurance. The proportion of major roads with a 70mph limit has declined from 83 per cent in 2020 to 78 per cent in 2023 and … [Read more...]
Warnings on motoring costs and insurance pitfalls
IAM RoadSmart, the UK’s leading road safety charity, has launched the eighth edition of its annual Driving Safety Culture report, with its key objective to reveal the biggest issues impacting motorists on the roads. The annual report, which has studied UK motorists’ driving safety attitudes and behaviours since 2015, has highlighted the biggest worries for … [Read more...]
Banks must finance more EV deals
Almost six out of 10 dealers (58%) believe that more support is needed from their motor finance providers to retail electric vehicles, shows new research. May’s Startline Used Car Tracker reports that 41% say their lenders are less keen to finance EVs, 10% want higher deposits from buyers and 5% charge higher interest rates. A further 5% say their lenders … [Read more...]
Rural accidents risk rise as harvest begins
As farmers begin the harvest season and agricultural traffic increases, leading rural insurer NFU Mutual is urging all rural road users to take extra care over the coming months. The harvest season is already underway in many places, with livestock farmers making their vital first cut of silage to build stores to feed cattle through next winter. Silage … [Read more...]
Rural Wales safest in UK for car theft
Motorists in West and Mid-Wales are the luckiest in Britain. Car theft analysis shows they are the least likely to have a vehicle stolen. DVLA statistics studied by insurer Confused.com reveals those living in Dyfed-Powys are the safest from vehicle theft, where just 22 per 100,000 cars are stolen. North Wales is only slightly worse with 37 per 100,000, … [Read more...]
Hundreds driving without valid licences
Hundreds of motorists are still on the road despite having their licences revoked because they’re not fit to drive, new stats have revealed. A driver can have their licence cancelled or refused on medical grounds. They would then be deemed to be driving without insurance cover as well. Motorists also have a duty to inform the DVLA of any medical condition … [Read more...]
Self-driving cars steer cautious welcome
More than two-thirds of motorists (67%) are ready to start using self-driving cars, new research shows, in the same month that the UK’s first hands-free driving technology has been launched. Following approval for Ford’s Mustang Mach-E to use BlueCruise driver assistance, May’s Startline Used Car Tracker reports that 43% say autonomous technology would make … [Read more...]
Older drivers risking big fines
About 1.5 million older drivers are breaking the law and risking massive fines. A study by Scrap Car Comparison has revealed that over 1 in 4 UK motorists aged 70 years or older – the equivalent to 1.5 million drivers - are leaving it four years or longer to renew their driving license after turning 70, which is illegal according to government law. The … [Read more...]
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