GoCompare car insurance has revealed that thousands of motorists could be regularly breaking the law while driving. In a new survey of over 2,000 motorists in the UK, many admitted to either always, often or sometimes doing the below activities while driving, which could all result in a fine, penalty points and increased costs at your insurance … [Read more...]
Insurance News
Newslines 16 August
Welsh motorists rank in the middle of UK victims of car crime, according to Direct Line insurance. Over three years soe 36,831 vehicle crimes were reported to police, under 4% of the share of all crime in Waes and about 12. vehicle crimes per 1,000 people, while London topped the hit list with 321,000 vehicle crimes, almost one-in-ten of all offences and … [Read more...]
$30M Ferrari icon damaged at Le Mans Classic
The charismatic one-of-one Ferrari ‘Breadvan’ became the most distinguished casualty of the 2022 Le Mans Classic – 30th June/3rd July – at the ultra-fast La Sarthe circuit, writes Ken Davies. The uniquely rebodied Ferrari 250 GT, conservatively valued at $30M, crashed backwards into the protective tyre wall on the Mulsanne straight during the race. No … [Read more...]
Softening of demand for cars is concerning
The cost of cars is by far the top priority for car-buyers as the cost of living crisis bites, according to new findings from Close Brothers Motor Finance’s Dealer Satisfaction Survey. Almost three quarters of dealers (74%) put the cost of the car at the top of the list of customer priorities when looking to buy, followed by the mileage (26%). Other … [Read more...]
Seven in ten stolen cars never recovered
Seven in ten stolen cars are not now recovered with sophisticated gangs stealing them and breaking for parts and a lot of money, according to the latest study. One of the most popular to pinch because of easily bypassed security system is the Range Rover and its also one of the most expensive worth a lot in stripped out parts sold on the black market to … [Read more...]
Premiums rising again after coasting
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as … [Read more...]
EV anxieties overblown and benefits overlooked – NFU
Research by electric vehicle insurer NFU Mutual suggests that concerns about electric vehicle range and charging are overblown when compared to the reality of owning an EV, and that non-EV owners are overlooking some key benefits of the technology. NFU Mutual, which offers insurance tailored to plug-in and hybrid EV owners, recently conducted a UK-wide … [Read more...]
Rising fuel costs slash accidents
Soaring fuel costs have left a hole in the pocket of motorists across the country, but it could be having an unexpected positive impact on the safety of Britain’s roads. That’s according to latest research commissioned by the UK’s largest independent road safety charity, IAM RoadSmart, which has revealed that potentially millions of motorists have changed … [Read more...]
Insurance premiums rising again
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as … [Read more...]
Tennis stars’ game, set and match motors
With Wimbledon beginning, eyes will soon be firmly on the world’s elite tennis players as they battle for one of the sport’s most lucrative prizes and most love to spend on their car collections. Last year's Wimbledon winner earned £1,700,000 prize money, whilst the runner-up received a cheque for £900,000, with much more to be earned via sponsorships. As … [Read more...]
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