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...]
Insurance News
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...]
EVs premiums cause for concerns
In a poll of 1,000 drivers almost one in 10 said they think electric car premiums would be more expensive, with one in eight of those aged 17-24 admitting this would potentially stop them buying. While it’s previously been difficult for young drivers to secure low-cost car insurance, as electric cars sales are rising, premiums are starting to fall. Insurance expert Ben Smithson said, “In order … [Read more...]
Newslines 2 February
Nissan introduces the LEAF10, a special edition of the popular all-electric car, to celebrate a decade of sales as the first mass-market EV in the world. Available in UK dealerships from February, LEAF10 introduces a new bold body colour to the Nissan palette, complemented by exquisite pattern detailing on the exterior from £28,820 OTR (including the Plug in Car Grant). Kia Motors (UK) is … [Read more...]
Warranties surge as sales stagger
Warrantywise is one of Britain's largest car warranty companies and had a record year in sales growth. They are celebrating an outstanding 55% growth in sales year on year. Lawrence Whittaker, CEO of Warrantywise, attributes this to a number of reasons, "We've had a fantastic year for sales, and worked really hard on setting goals to achieve this. “We hired a new Chief … [Read more...]
Lockdown plans need checking
Drivers should ensure they are covered for the lockdown. Lee Griffin, CEO and one of the founders of GoCompare, said, "The pandemic is continuing to have a major impact on our day-to-day lives, including our driving habits. “To stay safe and avoid penalties, it’s important that drivers keep abreast of lockdown rules regarding car use and driving according to the rules of the road. “Temporary … [Read more...]
Tradelines 20 January
Ineos Cars' boss Tom Crotty has denied it was forced to change its mind over building an assembly plant in Bridgend because of Brexit costs, despite being in favour of the split from the EU. He has said there was a ready made assembly plant offered by Mercedes as the German company had revised its plans for using its assembly plant on the French/ German border. The Massive growth in driver-owned … [Read more...]