GoCompare car insurance data shows Electric Vehicles are now cheaper to insure than petrol or diesel cars. The average cost of insuring an electric car in July 2021 was £484, compared with £489 for a petrol vehicle and £534 for a diesel car. The average cost of insuring electric vehicles has also seen a steady decrease since 2019 – with a £65 drop in … [Read more...]
Insurance Features
100,000 drove without insurance last year
Uninsured drivers have passed the 1000,00 mark, according to data obtained by Confused.com . It found the number of motorists caught driving without the correct insurance increased from 86,914 in 2019, to 100,983 in 2020. This means, those caught could have collectively paid as much as £56million in fines over the two years, based on the minimum … [Read more...]
Car makers are removing safety features
Car makers are removing safety features from models due to the shortage of semi-conductors and this is going to cause issues for fleets and buyers, warn the Association of Fleet Professionals, Fleets should think carefully before buying new company cars that have had safety devices removed from their specification because of the semiconductor shortage, … [Read more...]
Drivers to get safety ratings for computer systems
Driving assistance systems will get specific safety tests and be rated for them. Zenzic, the organisation dedicated to accelerating the self-driving revolution in the UK, has announced funding for a proof-of-concept consumer safety rating for Automated Driving Systems, via Thatcham Research and CAM Testbed partners. Initially, the independent rating … [Read more...]
Toyota Mirai hydrogen car passes safety tests
In the latest round of Euro NCAP testing, the Audi Q4 e-tron, Lynk and Co 01, NIO ES8, Subaru Outback and Toyota Mirai all achieved five-star safety ratings, with all but the Subaru Outback using alternative propulsion methods. The hydrogen powered Toyota Mirai performed very well in testing, scoring highly in the Adult (88%) and Child Occupant (85%) … [Read more...]
Queues for MoT deferred tests
The country is expected to see a surge in MOT bookings this month. According to the AA, up to 5.5 million cars deferred their test last year due to the relaxation in rules caused by nationwide lockdowns. If you’re caught without a valid MOT certificate, you can be landed with a £1,000 fine. Motoring leasing company Vehicle Contracts explains the four … [Read more...]
End of the road for some familiar cars, say Vehicle Contracts
Motor leasing company Vehicle Contracts has conducted in-depth research to find out which car models are expected to disappear completely from UK roads in the next decade and there are a few surprises. The Rover 25, the update of the Rover 200 Series, could be gone from the UK by mid-2023. This iconic car which was created by Rover was a staple in … [Read more...]
Insurance terms are baffling to drivers
One in seven UK adults admit they have no understanding of how excesses on insurance policies work, says GoCompare car insurance. Of the 2000 people who were interviewed as part of the research, a fifth – 21% - also said they don’t understand or are not sure of the difference between compulsory and voluntary excess when asked by the UK comparison … [Read more...]
Insurance fraud & finding best premiums for youngsters
Go Compare insurance has found that almost a quarter of parents could be risking a trip to court and a criminal record for ‘fronting’ their child’s car insurance policy. ‘Fronting’ is when an older or more experienced driver - usually a parent - claims that they’re the main user of the car but it’s mostly driven by a young person, or other high-risk … [Read more...]
Breaking the code and confusion for car cover
Confusing technology terms are being explained through a new data tool for insurers and developed by Thatcham Research. The lack of data regarding the varying features of newer vehicle models can fundamentally affect an insurer’s understanding of vehicle risk and there are up to 50,000 possible variants recorded on cars since 2015. Many insurers struggle … [Read more...]
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