As expected, the number of motor insurance claims notified to insurers in the second quarter of the year significantly fell according to figures from the Association of British Insurers. The fall largely reflected the lockdown period, when far fewer vehicle journeys were made. Claim payouts during the period while also down, fell at a lower rate. The figures come as the average price … [Read more...]
Insurance Features
Best of the tests are in Wales
Llandrindod Wells is home to Britain’s best drivers, according to Collingwood Insurance Services. The Newcastle-based insurance intermediary examined the latest data from DVLA test centres across Britain and discovered the Welsh town returned the highest pass rate, with 73.19 per cent passing the test. Of 593 conducted tests, a staggering 434 people passed with flying colours and subsequently … [Read more...]
Tradelines 26 August
China's Nio car company, which mostly makes crossover electric models from US design and engineering centres' input, plans to launch its range in Europe in 2021. The company is also heavily involved in battery to grid systems to maximise income and technology. McLaren Automotive will introduce a new, flexible, lightweight vehicle tub for its next generation of electrified supercars. The new … [Read more...]
65,000 learners have penalty points before test
More than 65,000 learners have points on their licence even before passing their test. A staggering 10,639 learner drivers have 7-9 points on their provisional licence, while 1,803 have 10 or more. This means a total of 12,442 learners could have their licence cancelled immediately after passing the test, as provisional points are carried over to the full licence. If you get more than six … [Read more...]
Auto-renew at your own peril
With the September peak of car insurance renewals, GoCompare is warning about letting a policy auto-renew without checking for a better deal. One in five motorists allowed their insurer to auto-renew their policy without seeing if they could get the same cover for less money compared with 15% in February 2020. Number of drivers auto-renewing is worth £6.7 Million, its highest level since … [Read more...]
Speeding rose three-fold during lockdown
Motorists were speeding three times more frequently during lockdown compared to normal, according to AX. The study of telematics data by the vehicle protection and management technology provider suggests motorists were making the most of unusually low traffic levels, giving drivers the opportunity to speed in otherwise normally congested areas. Serious speeding events – the most … [Read more...]
Classics become contemporary as sales boom
Owning, restoring and driving a classic car is a common dream, but it requires significant investment at every stage – in both time and money. Such desirable, high-value vehicles are inevitably also a common target for professional thieves meeting demand for vintage cars and their parts in the UK and across Europe. Stolen vehicle recovery (SVR) expert, Tracker, is sharing tips to help first-time … [Read more...]
Plug pulled on sales of new Ford Kuga PHEV
By David Miles Ford has pulled the plug on sales of the its new Kuga PHEV. Four car fires have been associated with the battery pack during charging and it’s believed some 27.000 models around the world could be affected. The plug-in hybrid SUV arrived in showrooms only recently and proved popular, accounting for 50% of Kuga’s European sales for the second quarter of the year. Around 7,000 … [Read more...]
Beware of holiday ‘hang ons’ with car hire
Holidaymakers planning to hire a car in the UK this summer should check the price of the car hire ‘extras’ they need, as the cost at the rental desk can differ by hundreds of pounds. That’s according to a study of Sixt, Europcar, Enterprise and Hertz in eight UK cities includding Swansea by iCarhireinsurance.com, provider of stand-alone car hire excess insurance. The cheapest place to hire a … [Read more...]
Tradelines 29 July
Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s Financial Conduct Authority will ban … [Read more...]