According to the latest figures from TRACKER, 96% of motorists it surveyed are at risk of having their car stolen by criminals using the latest theft technique - a relay attack. In 2016, 66% of TRACKER’s stolen vehicle recovery customer thefts’ were committed by way of a 'relay attack’, confirming just how prevalent this crime has become. Not only … [Read more...]
Insurance Features
Tradelines 29 November
Allianz has launched Complete Mini Fleet, a new e-trade product which provides insurance cover for companies operating small fleets of between three and eight vehicles, or up to 15 vehicles at renewal. Available via Allianz’s e-trading platform QuoteSME, Complete Mini Fleet is Defaqto 5* rated. Targeted at business cars and goods carrying vehicles which … [Read more...]
Tradelines 8 November
BMW is considering whether it needs to recall models in the UK after a million were found with potential fire risks in the US. There are two issues being investigated, one on 3 Series models and the other more widespread and affected models are being examined. Mitsubishi Motors in the UK has answered the changing requirements of today’s car buyers with … [Read more...]
Demands grow to cut insurance premium tax
A report from the Social Market Foundation that puts the spotlight on the unreasonableness of Insurance Premium Tax reflects concerns previously raised by the AA. The study shows that the tax generates £4.8bn per year, or £179 for every household; and over the past two years has risen faster than any other tax. It doubled between October 2015 (6%) and June … [Read more...]
Premium prices accelerate for motorists
Drivers in South Wales have been hit with accelerating car insurance prices as the cost ramps up by £87 (13%) in a year. Car insurance in the region has now reached £765, according to the latest Confused.com car insurance price index (Q3 2017), powered by Willis Towers Watson – the most comprehensive car insurance price index in the UK based on more than … [Read more...]
Younger drivers’ perfect storm over premiums
A perfect storm is battering premiums for younger drivers, says MoneySuperMarket. Quarterly data from MoneySuperMarket, reveals that young drivers shouldered hefty car insurance premium increases from July to September 2017. Of the three main factors affecting premiums in 2017 - changes to the discount rate applied to claims pay-outs, the increase in … [Read more...]
Facial recognition unlocks new opportunity for cars
The prospect of looking at your car and opening it is becoming a reality. Insurance specialist Rias has conducted research in to patents filed over the past two years by the world’s leading car manufacturers, giving us an insight in to what the future of driving may look like. Imagining a world with driverless cars seemed the stuff of dreams only a … [Read more...]
Newslines 29 September
Wales-based insurer Confused.com will be the main sponsor of the London Motor Show next year at ExCel. The Cardiff company first backed the event this year when 25,000 people attended and tickets are already on sale for next May’s four-day event. British car production fell again in August, reflecting the impact of uncertainties about Brexit on … [Read more...]
Newslines 25 September
Supermarkets have slashed fuel prices and put pressure on petrol companies to reduce their own as a result of a strengthening pound. RAC fuel spokesman Simon Williams said, “This is some very welcome relief for motorists who have suffered a 3p a litre rise in the average price of petrol since mid-August as a result of Storm Harvey hitting the US Gulf … [Read more...]
Clocking cars increases under PCP limits
The number of cars on UK roads showing mileage discrepancies is costing motorists over £800 million every year according to hpi, one of the UK’s leading authorities on vehicle checking services. The automotive data experts say the number of cars affected has also risen to one in 16. The figure has worsened from one in 20 cars less than three years … [Read more...]
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