The cost of car insurance across Wales has increased in the past 12 months, shows new data. The average price of car insurance in the region has accelerated by £21 (3%) in the past year to now stand at £699, according to the latest Confused.com survey of more than six million quotes every quarter, the most comprehensive car insurance price index in … [Read more...]
Insurance Features
Lockdown legalities for fleets & users
The handing back of company car and van keys or fobs to employers in order to avoid benefit-in-kind taxation during the coronavirus lockdown needs careful management, the Association of Fleet Professionals has warned. There remained both pertinent questions for HMRC around the issue and a range of potential practical problems to resolve, explained co-chair … [Read more...]
Call for rip off insurance renewals to be outlawed
Drivers want legal steps to be taken to put the brakes on rip-off car insurance renewal pricing. According to the GoCompare Car Insurance study, 4.7 million drivers3 were caught out by the auto-renewal trap - where their insurer auto-renews their policy for another year if they haven’t checked for a better deal. The practice … [Read more...]
Newslines 11 April
The Covid-19 lockdown has reduced traffic on the roads and the number of accidents but has also brought an increase in speeding, according to data from My Policy Group, the telematics and data analytics business. This is a cause for concern as increasingly erratic driving behaviour could contribute to a rise in road traffic accidents, at a time when … [Read more...]
Safety checks remain vital despite MoT extension
Following the Driver and Vehicle Standards Agency’s decision to issue a six-month exemption period for MOTs that expire after 30 March, insurethebox is helping its customers make sure their vehicles remain safe during this time. While the government has allowed garages to remain open, social distancing advises against such appointments. As a result, … [Read more...]
Welshmen far more likely to speed than women
Male drivers in Wales tend to speed 76% of the time more than women. To celebrate International Women’s Day next Sunday, telematics insurance pioneer, drive like a girl, has released new data that shows women trump their male counterparts behind the wheel. drive like a girl’s data from in-car telematics shows age plays a significant role in the likelihood … [Read more...]
Newslines 2 March
Building Labourer is the most expensive occupation for car insurance in Wales, new research reveals. According to the data from Confused.com, Building Labourers are deemed to be the ‘riskiest’ drivers in Wales, paying a staggering £1,649, per year for their car insurance, on average, waiters pay £1,522 and car valet people are washed out with £1,426 while … [Read more...]
Newslines 24 February
Compare the Market analysed the monthly fluctuations in the cost of motor insurance over the last seven years and found that prices are lowest at the start of the year before steadily rising and spiking in December. The data found that the average premium for car insurance was the cheapest in February at £629, compared to £666 for the rest of the … [Read more...]
Car park prangs cost average £400 repair
A study revealed 11 per cent, or 3.74 million, of drivers have seriously damaged their own car while looking for a space to park over the past 12 months. On average they have been left with a whopping £396 repair bill to fix their mishap. The research by ŠKODA UK revealed 40 per cent of drivers have hit a lamppost, tree or space divider in a car … [Read more...]
Drink drive issue not improving
The number of people killed in road accidents where the driver was over the drink drive limit has not dropped since 2010. Provisional figures released by the Department for Transport estimate there were 240 such deaths in 2018, exactly the same rate of fatalities ten years ago. The total number of casualties caused by drink driving increased to … [Read more...]
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