With new 21-numberplate cars now on sale, GoCompare Car Insurance is urging drivers looking for a new car to think about depreciation and the possible impact on their insurance. Depreciation is one of the biggest costs of running a car. The price of a new car falls dramatically as soon as it is driven off the forecourt. Depending on the make and model, this can be between 15% to 35% in the … [Read more...]
Insurance News
Newslines 12 March
Nissan plans for a major expansion to renewable energy generation at its record-breaking plant in Sunderland. Complementing the plant’s existing wind turbines and solar farm, the proposed 20MW solar farm extension represents a further step in Nissan’s path to carbon neutrality and the 37,000-panel extension would result in 20% of the plant’s energy coming from all onsite renewables, enough to … [Read more...]
Quarter of new drivers bump first car
A quarter of drivers admitted to having a bump, scrape or accident in their first car, according to new research which surveyed more than 4,500 young drivers. Of the drivers surveyed who experienced an accident, 78% were found to have taken their driving test before they had met the official recommended 44 hours of tuition with a qualified instructor. The research from learner driver car … [Read more...]
Beware of EV premiums’ quotes
‘Green’ cars outsold diesels for the first time in 2020 with 285,199 models registered compared to 261,772 diesel engine cars. Although new car sales in 2020 were around 29% lower than in 2019, electric vehicles have grown in popularity with a degree of electric propulsion (BEV, PHEV and HEV). Market share for all-electric BEV cars grew from 1.6% in 2019 to 6.6% in 2020, an … [Read more...]
Newslines 23 February
British Gas is going all-electric with its vehicle fleet after announcing it’s not buying another petrol or diesel engined vehicle. It has placed an order for 2,000 Vauxhall Vivaro-e vans in the largest commercial fleet order ever in the UK for BEVs and follows 1,000 ordered last summer. Volkswagen is struggling to obtain enough battery cells for its hybrid Golf models. The success of the car … [Read more...]
Lockdown laziness leads to larger payments
Lazy drivers are paying through their noses for car insurance during lockdown. GoCompare Car Insurance has reminded drivers of the need to shop around for the best insurance deals as new research reveals a sharp increase in number of policies being automatically renewed in the last 12 months. The website, found that 7.6m motorists paid a ‘loyalty tax’ to their insurer for allowing their policy … [Read more...]
Newslines 22 February
Fred Rees Garages Haverfordwest has won the best customer experience award from Skoda UK. The family business was founded in 1925 and represented Skoda since 2001. Commuters to Cardiff have saved over £107M in fuel bills in the last 12 months of lockdowns, calculates GoCompare. Working from home by non-essential travellers has also seen savings in parking charges and maintenance of vehicles as … [Read more...]
Newslines 16 February
Conservative Senedd members have criticised the nationalized Transport for Wales planned 2.6% rail ticket price rise. The increase from 1 March is in line with plans for English railways but has not been discussed in the Senedd and a statement from the Welsh Conservatives said it was hypocritical of TfW and shocking for passengers. British drivers are paying the lowest premiums for six years, … [Read more...]
Car-iad wheels success over St Valentine’s partners
Many drivers would rather spend time with their car than cwtch a partner this St Valentine's Day. InsuretheGap, a provider of Guaranteed Asset Protection insurance, found over one in seven (16%) admit they would rather spend Valentine’s Day with their car than their partner, and almost one in 10 (9%) confess to loving their car more than their partner. In fact, 43% describe their car as … [Read more...]
Newslines 11 February
Wales has some of the best drivers in Britain. Rooster Insurance looked at driving records and found just 12% of Welsh drivers had committed offences compared to 34% of Londoners in five years. The FIA has paved the way to a promising co-operation with the World Rally Championship Promoter Group for the promotion of the FIA World Rallycross Championship. The FIA and WRC Promoter will work … [Read more...]