Over one in ten (11%) Brits have sold their car due to financial necessity, according to Carwow, the online car-changing marketplace. Of these, 58% were female, and 42% were men, suggesting that women are more likely to give up their car due to financial pressures. Selling a car because of financial pressures is more common among those aged between 40 and … [Read more...]
Insurance News
Premiums rise & much higher for older drivers
The cost of car insurance has risen by 18% year on year, according to new Premium Drivers research from Compare the Market but older drivers are being priced off the roads. The typical premium stood at £850 in May 2024 after rising by £132 over the previous 12 months. The increase in the cost of car insurance in the past year may in part be due to a rise … [Read more...]
Safety ratings take a back seat with motorists
Fewer than one in five or 18% of motorists check official safety ratings such as Euro-NCAP when buying a new car, new findings show. June’s Startline Used Car Tracker shows that 73% expect all cars to meet high safety standards – although only 36% believe that legislation can be trusted to ensure that cars have effective safety features. Paul Burgess, CEO … [Read more...]
“Unsafe” vehicles being rented out
The number of daily rental vehicles with safety issues being offered to customers appears to be rising, says the Association of Fleet Professionals. The industry body says it is hearing reports from members being provided with hire cars and vans in unacceptable mechanical condition, with the situation appearing to be deteriorating, and it comes as vehicles … [Read more...]
Young drivers hit with premiums over £3,000
The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market. This is a substantial £1,071 increase, or 53%, in the typical cost of car insurance for a 17-year-old from last year's £2,004. The average cost of car insurance for a driver with a … [Read more...]
Welsh test centres doing better than rest of UK
Learner drivers in Wales are getting the best deal for their tests, according to new analysis. Candidates across the UK could on average travel 25 miles for a driving test by 2030 as test centre locality and available test slots dwindle, according to new data. But that’s certainly not the case in Wales, says insurance broker Marmalade. Through multiple … [Read more...]
Prepare for the MoT and new digital certificate
On the 29th April 2023, the DVSA introduced MOT test certificates digitally, marking a significant shift away from traditional paper certificates and throwing MOTs into the news agenda. Between March 2022 and March 2023, the DVSA reported 34.5 million MOT tests were conducted nationwide in the UK. To visualise this, if each A4 test certificate were laid out … [Read more...]
It’s getting cheaper to run an ev
The typical annual running cost for an electric vehicle is now £525 cheaper than a petrol car on average, according to new research from Compare the Market. The research looks at middle-aged drivers aged between 45 and 54 years old as an example to showcase the difference in Electric Vehicle premiums compared to petrol fuelled cars. The research, which … [Read more...]
Take a deep breath and think about it …
It’s National Clean Air Month and while you may think you're doing your part, there are some surprising driving habits that could be harming the environment. Car expert, Callum Butler from car warranty providers ALA Insurance, said, “While small actions may seem inconsequential on their own, over time, even seemingly insignificant decisions can have … [Read more...]
Think ahead before the getaway
If you're plannng a getaway this weekend here're some tips on packing essential items. Chris Adams, Group Operations Director at Brindley Group has come up with his "must haves". Jump leads A common cause for a breakdown is a dead battery, particularly in the colder months. Jump leads will allow you to get a jump from another vehicle whether it’s a kind … [Read more...]
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