With the average first day of frost striking as early as 11 November in some regions of the UK, Tracker warns motorists of the perils of ‘Frost Jacking’ and urges extra vigilance when de-icing vehicle windscreens. Over three and a half million pounds worth of stolen vehicles were recovered by Tracker between November 2019 and January 2020, the peak months … [Read more...]
Insurance News
Tradelines 28 October
Car wash operators at supermarkets in Wales have asked for clarification over their "essential" services provision under the Firebreak lockdown. Controversial decisions have been taken to outlaw non-essential products and services in supermarkets and this has already led to a massive public petition calling on Welsh Government to end the widescale ban, but … [Read more...]
Premiums rising again and young drivers’ risk
Motor premiums are rising again after months of decline in the wake of coronavirus travel limits. Dan Hutson, head of motor insurance, comparethemarket.com, said, “Car insurance premiums are on the rise and have increased by £16 to £714 in September, from August. “This follows four consecutive months of declining costs leading to premiums reaching the … [Read more...]
Tank of mum and dad keeps kids moving
The Tank of Mum and Dad Report from comparethemarket.com highlights just how reliant young drivers are on their parents to help them pay for insurance, petrol, repairs and motoring taxes. Over a third of parents (39%) said that they paid some or all of the costs for the duration of their child’s first year driving. 14% contributed for the first two years … [Read more...]
Premiums drop in Wales but beware of higher charges
Drivers in Wales are being urged to shop around as the price of buying a new car insurance policy has dropped by £33, on average – but insurers have been ramping up the cost of renewals, new research finds. New data shows the average price of a new car insurance policy in Wales dropped by 5% - or £33 - in the past 12 months, meaning those who shopped around … [Read more...]
Grey fleets not black and white for home-workers
The rise of home working in the wake of the coronavirus crisis is creating issues for fleets when it comes to classifying journeys, says the Association of Fleet Professionals. Describing the problem as “The New Commute,” the organisation says that problems revolve around whether an employee’s home is now officially their place of work. Paul Hollick, AFP … [Read more...]
Newslines 5 October
Thousands of drivers are making big savings by working from home and not paying to use toll bridges, tunnels or motorway sections, says Leasing Options. It has looked at toll costs and found the Dartford Crossing the dearest to use over a year, taking over £3,500 off drivers and even the Clifton Suspension Bridge, Bristol costs £524 annually. Changing your … [Read more...]
Businesses stretch to survive
New data compiled by epyx has shown the increased level of contract extensions made on company cars and vans during the coronavirus crisis. Looking at transactions through its 1link Service Network service, maintenance and repair (SMR) platform, used by fleets operating four million vehicles, it has produced a comparison for April-August 2020 – the height … [Read more...]
Key workers and unemployed hit by insurance costs
People unemployed and some ‘key worker’ professions face significantly higher car insurance premiums because of their job or employment status, according to new analysis by comparethemarket. A policy for someone who is unemployed was 40% higher than a comparative policy for an employed person, or 54% higher than an HGV driver which is the cheapest … [Read more...]
Tradelines 30 September
The pure electric Mazda MX-30 will begin at £25,545 for the SE-L Lux when it reaches showrooms next spring. Top model in the five-car series will be the GT Sport Tech at £32,845, after the PIVG allowance. Average car insurance premiums fell by £53 since the start of the lockdown, as many drivers were forced off the road and … [Read more...]
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