Thousands of car owners over the next few days will find their insurance does not cover flood damage. Usually, only comprehensive policy cover will pay for the repair or replacement of flood damaged vehicles, and there may be limits to that. Drivers who ignored advice and tried to negotiate a flood which then overcame their vehicle may also find they get less, if any, payout from their … [Read more...]
Insurance Features
Vehicle thefts still rising
Vehicle theft is still rising and now passed 52% the level it was six years ago. Clive Wain, Head of Police Liaison for Tracker commented: “The fact that vehicle theft has increased by 5% in just one year and ultimately a staggering 52% over six years, proves it is still very much a big issue. Thieves will always target vehicles with insufficient security, and technology such as keyless entry … [Read more...]
Vape users risk payout refusal after crash
Drivers who vape behind the wheel could be refused an insurance payout if they have a crash at the time. Vaping drivers are a “growing and concerning trend” for road safety, according to the Royal Society for the Prevention of Accidents, while car insurers could include exemptions in policies in the near future. Although using an electronic cigarette whilst driving isn’t illegal itself, having … [Read more...]
Roads with ‘safest’ speed limits see more accidents
Motorists travelling at over 70mph are less likely to have an accident than those driving at under 30mph, according to new data from ITS – Telematics Solutions. Data also shows that drivers are 20 times more likely to be in a traffic accident when they are stationary. The new figures highlight that the most dangerous driving speeds occurred in urban areas, whilst only 1% of all incidents … [Read more...]
Car insurance at a two-year high in Wales
The cost of car insurance in Wales is at a two-year high, according to new data today. Drivers in the region can now expect to pay £712 for their car insurance, on average, following increases over the past year. That’s according to Confused.com’s latest car insurance price index, powered by Willis Towers Watson. Based on more than six million quotes every quarter, it’s the most comprehensive … [Read more...]
Newslines 17 January
Toyota will use the Geneva motor show in March to unveil its concept for a new small SUV due to go on sale in about 12 months. Based on the forthcoming new Yaris platform and assembled in northern France, the un-named model will sell along with a new plug-in hybrid RAV4, the company said this week. European car-makers reported an overall 21% rise in December registrations as buyers filled … [Read more...]
Potholes are biggest shock for drivers, says survey
A survey of 2,000 road users found the craggy gaps in the road surface were more irritating than tailgaters, drivers failing to use their indicators, and even breaking down. Eight in 10 drivers, cyclists or motorcycle riders even say they have to navigate potholes every time they use the roads. Glasgow is the worst city in the UK for potholes according to residents - as nine in 10 locals claim … [Read more...]
Call for clarity on “auto-renewed” policies
The Financial Conduct Authority has provided a further update on the work it is undertaking to tackle the ‘loyalty penalty’ faced by millions of financial services customers and other issues raised by the Citizens Advice super-complaint to the Competition and Markets Authority in 2018. GoCompare has been involved in the consultation and Lee Griffin, the CEO and one of the founders of … [Read more...]
Law change will hurt genuine claims
It’s going to become a pain in the neck to deal with a whiplash claim from the end of March. With the law surrounding road traffic accidents proposed to change in April 2020, those suffering whiplash or soft tissue damage should look to progress their claims before the compensation process changes and becomes more complicated. The government is working to bring The Civil Liability Act into … [Read more...]
Beware of using uninsured “taxis”, warn insurers
Wales' based GoCompare has issued a warning to drivers not to offer people lifts home for profit this Christmas, following reports of young people offering their services on social media. Pembrokeshire Council said it had been made aware of “illegal taxis” operating throughout west Wales and previous reports have found numerous Facebook groups around the country with more than 50,000 … [Read more...]