British government plans that could allow self-driving cars on highways as soon as 2021 would put lives at risk because the available automated technology falls well short of human driving capabilities, according to safety experts at UK insurance group Thatcham Research. "We don't believe that this technology adequately addresses what consumers will … [Read more...]
Insurance Features
Premiums drop in Wales but beware of higher charges
Drivers in Wales are being urged to shop around as the price of buying a new car insurance policy has dropped by £33, on average – but insurers have been ramping up the cost of renewals, new research finds. New data shows the average price of a new car insurance policy in Wales dropped by 5% - or £33 - in the past 12 months, meaning those who shopped around … [Read more...]
Grey fleets not black and white for home-workers
The rise of home working in the wake of the coronavirus crisis is creating issues for fleets when it comes to classifying journeys, says the Association of Fleet Professionals. Describing the problem as “The New Commute,” the organisation says that problems revolve around whether an employee’s home is now officially their place of work. Paul Hollick, AFP … [Read more...]
Newslines 5 October
Thousands of drivers are making big savings by working from home and not paying to use toll bridges, tunnels or motorway sections, says Leasing Options. It has looked at toll costs and found the Dartford Crossing the dearest to use over a year, taking over £3,500 off drivers and even the Clifton Suspension Bridge, Bristol costs £524 annually. Changing your … [Read more...]
Key workers and unemployed hit by insurance costs
People unemployed and some ‘key worker’ professions face significantly higher car insurance premiums because of their job or employment status, according to new analysis by comparethemarket. A policy for someone who is unemployed was 40% higher than a comparative policy for an employed person, or 54% higher than an HGV driver which is the cheapest … [Read more...]
Company car ‘at home’ danger
Fleets need to work on issues arising from an emerging “home working, home charging” model being created by the rise of electric vehicles and the effects of the coronavirus crisis, says FleetCheck. The fleet software specialist says that a potentially important new subset of company car driver is emerging who now works largely from home and is set to choose … [Read more...]
Claims collapse but will savings be passed on?
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 … [Read more...]
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 … [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 … [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 … [Read more...]
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