Insurance News

Cutting insurance premiums – legally

31 March 2023

With the cost of living continuing to rise and the average annual cost of car insurance reaching £586, many people will be looking for methods to reduce this expense. From enhancing security to seeking rewards, the car insurance experts at Confused.com share their tips on how to get cheaper car insurance: Don’t accept your renewal price - Many … [Read more...]

Beware of new insurance ‘admin fees’

24 March 2023

Go.Compare car insurance says the number of policies that now charge admin fees has risen since this time last year. The comparison site has reviewed the 332 comprehensive car insurance products in the market in 2023 and compared the admin fees charged today, compared with the same fees charged in the same period in 2022. It found that the number of car … [Read more...]

Learners facing bills over £11,000 to get motoring

17 March 2023

New drivers are the latest to face the brunt of the cost of living crisis. Research from CarMats.co.uk reveals £11,375 is the average price tag for those learning to drive and purchase a car in 2023. New drivers are expected to pay over £11,000 before even getting on the road. According to the RAC, it will take the average learner 45 hours of … [Read more...]

Call to crack-down on drug drivers

13 March 2023

Driving under the influence of both legal and illegal drugs is an issue that is growing on all measures in the UK - collisions and casualties have gone up by over 260 per cent over the last ten years, and convictions are now at over 12,000 a year. The impact is devastating, far-reaching, and only getting worse, said IAM RoadSmart. This issue was brought … [Read more...]

Older drivers reluctant to switch insurers

10 March 2023

Go.Compare car insurance has discovered that around more than 2.1million drivers, have not switched car insurance in the past decade or more. The findings, which asked drivers how often they have switched insurers, also discovered that the older generation are less likely to switch, with 12% of those aged 65 or more admitting that they have been with the … [Read more...]

More drivers missing vehicle tax payments

8 March 2023

There has been a worrying increase in the number of drivers having their vehicle tax Direct Debits cancelled by DVLA after payments couldn’t be taken due to a lack of funds, figures analysed by the RAC show following a Freedom of Information request. Almost one million drivers (950,377) had their Direct Debits cancelled in the financial year 2021-22, an … [Read more...]

Beware of virtual vehicle scams

27 February 2023

Car buying scams are on the rise, driven by criminals hoping to take advantage of drivers searching online for their next set of wheels. The second-hand market is becoming a hot bed for shady and illegal practices and this week six people were arrested after a major virtual vehicle scam was uncovered by police. It is thought hundreds of victims across the … [Read more...]

Speeding is major cause of ‘carguments’, says Direct Line

24 February 2023

More than half of people (56 per cent) admit to heated ‘carguments’, arguing with their partner about their driving habits, reveals research from Direct Line Motor Insurance. One in 13 (8 per cent) people have broken up with a partner due to their annoying driving habits, rising to nearly one in five (18 per cent) young people aged 18-34. Speeding is the … [Read more...]

Falling value of new cars put off younger buyers

10 February 2023

The depreciation value of 2022's most popular cars has been revealed According to a new report by Go.Compare Car Insurance, a high depreciation value would stop 70% of drivers from buying a particular make or model of car. Most young drivers have future finances in mind, with 73% of those aged 18 to 24 being put off a car if it depreciates … [Read more...]

Luxembourg chills with car karma