Some popular and inexpensive cars have joined exotic models in the highly collectable category which can be bought without fear of losing money. Hagerty Bull Market List is an annual compilation of classic and modern-classic cars which provide the owner with a pleasurable driving experience while being hedges to inflation. However, the list isn’t tailored … [Read more...]
Insurance Features
EVs attracting company car drivers
Employees who have previously taken cash options are returning to company car schemes in “noticeable” numbers thanks to electric vehicles, reports Arval UK.Shaun Sadlier, head of consulting at Arval UK, said this was something that was predicted when the latest zero and low benefit-in-kind rates for EVs were unveiled in 2019, but is now becoming increasingly … [Read more...]
Pothole problems & speedbumps shocking truth
One in four (29%) UK drivers have damaged their car on speedhumps or potholes, rising to almost one in three (32%) in rural areas. The Opinium research of over 2000 drivers, on behalf of InsuretheGap.com, found that of those who have damaged their car on a speedbump or pothole, nearly half (45%) paid up to £100 to fix their car; a third (34%) between £101 … [Read more...]
Switch early and save on premium
Drivers are failing to capitalise on huge savings by not switching their insurance policy at the right time, according to comparethemarket.com. The statistics found that insurance policies available to consumers are £319 cheaper if drivers switch policies three weeks before their renewal date compared to switching on the day a policy ends. The research … [Read more...]
Breath tests are six times more likely in Wales
Drivers in Wales are up to six times more likely to be breath tested in December than other months. Analysis of Home Office data by AlcoSense Breathalysers shows that in December last year, 7,345 motorists were stopped by Police across Wales on suspicion of drink driving. North Wales led the way with 3,964 tests – far higher than any Police force in … [Read more...]
The road to anxiety may be short or long
A study with 2,000 UK motorists found 58% suffer anxiety behind the wheel. Conducted by rural car insurer NFU Mutual, the study reminds motorists to consider other road users and prioritise safety as Winter approaches and they prepare to take their first long journeys when lockdown lifts next week. The study discovered 36% of UK drivers … [Read more...]
South Wales has some of UK’s safest roads
Five areas in Wales have some of the safest roads in Britain. Analysis of road accidents recorded by the Department for Transport showed over half of accidents happen between 21 and 30mph and with T-junctions the blackspots. The data shows that Kent has the most dangerous roads in the UK says Uswitch, which has looked at the figures. Government recorded … [Read more...]
Beware – puddle police could take you to cleaners
The “puddle police” are lurking on a kerb near you. Lawyers who have seen a business decline from the clampdown on insurance miss-selling can target drivers who splash pedestrians or cyclists. Drivers face a £100 Fixed Penalty Notice and three points for each offence for splashing others but this can escalate to £5,000 if contested and lost in court. Then … [Read more...]
Insurance warning over lapsed MoTs
The coronavirus lockdown earlier this year resulted in millions of cars receiving a six-month extension to their MOT certificate but that leeway has ended. With the current MOT failure rate at 32%, millions of vehicles that don’t meet levels of roadworthiness could be on the streets. GoCompare Car Insurance is warning that this year, more than ever, it’s … [Read more...]
Premiums rising again and young drivers’ risk
Motor premiums are rising again after months of decline in the wake of coronavirus travel limits. Dan Hutson, head of motor insurance, comparethemarket.com, said, “Car insurance premiums are on the rise and have increased by £16 to £714 in September, from August. “This follows four consecutive months of declining costs leading to premiums reaching the … [Read more...]
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