The cost of car insurance for young drivers aged 17-24 has typically risen by £658 year-on-year, according to new research from Compare the Market. Annual car insurance cover for young drivers now costs £1,929 on average compared to £1,271 in 2022. Most young drivers are concerned that driving is becoming unaffordable. More than seven in ten drivers aged under 25 (73%) are worried about how they … [Read more...]
Insurance Features
Insurance costs hitting used cars’ stock
More than three out of four (77%) dealers say that rapidly rising insurance costs mean that some cars have become difficult to sell. Startline’s December Used Car Tracker also reports that half (50%) think that some cars have become effectively uninsurable, so are probably unsellable. The research also reports that 23% think that it has become well-known among both trade and consumers that … [Read more...]
See the light on dark nights & stay safe
Longer darker evenings and nights with bad weather put added stress and strain on driving and the arrival of Christmas celebrations make it worse. Celebrations during the period can be tiring. Therefore, it is important to be aware of the signs that tiredness has taken its toll and to stay safe when driving home. It is advised not to get behind the wheel if you are too tired to drive or over … [Read more...]
Young drivers skipping safety costs, says the RAC
Inflation and the cost-of-living crisis are worryingly causing young drivers not to maintain their cars properly, risking their safety and that of other road users, says the RAC, and its particularly bad in Wales. A quarter of young drivers aged 17-24 (26%) say they have put off necessary repairs to their cars to save money while nearly three-in-10 (28%) are not servicing their vehicles as … [Read more...]
Coping with flooded roads
The recent very heavy and persistent rain has resulted in widespread flooding in many parts of the country. This can make driving very hazardous and certainly has the potential for wrecking your vehicle, if not risking life and limb. However, if you keep your head and don’t panic, you should be okay; just think carefully… and if at all possible avoid driving thorough water, especially if it’s of … [Read more...]
Norton Insurance Brokers advice to cut premiums
Norton Insurance Brokers has noticed a 345% increase in a day of people searching for ‘car insurance rising’ online. Martin Lewis highlighted a staggering 61% surge in car insurance quotes over the past year, with renewal costs going up by approximately 30%. He also reported that premiums will likely continue to rise even further. In light of this trending issue, Mark Wilkinson, … [Read more...]
Cost of getting on the road has fallen
A new report from Go.Compare Car Insurance has revealed that the cost of getting on the road in 2023, including the cost of a first car, has fallen to £5,947.40 from £6,574 in 2022. The comparison site has researched these costs as it celebrates its own 17th birthday – an age where many of us would be looking at taking to the roads. This is the first time in four years that the report has … [Read more...]
Thieves target old Defenders for parts
The Land Rover Defender is a major target for thieves who can break them up within hours of getting their hands on them, say insurers. The UK’s leading rural insurer is urging farmers and other Land Rover Defender owners to take action to safeguard their iconic vehicles against clued-up thieves. NFU Mutual is urging Defender owners to adopt a combination of traditional and technological security … [Read more...]
Wales write-offs are lowest in UK
Have an accident in Wales and your car is less likely to be written off than any other part of Britain, according to the latest analysis. One in three (37%) UK drivers have had a car written off by an insurance company, with this rising to two fifths of men (41%), compared to a third of women (33%). In the Opinium survey of 2,000 UK drivers, for InsuretheGap.com, a leading provider of Guaranteed … [Read more...]
Cover insurance claims with facts
Walking the car insurance tightrope can be difficult since not all policies extend coverage to natural disasters or unforeseen events, like the recent floods caused by Storm Babet or the Luton Airport fire that damaged 1,500 cars. Storm Ciarán is forecast to bring 80mph winds and heavy rain to southern parts of the UK on Wednesday night until Thursday which may be a cause for concern for many … [Read more...]