Insurance News

More business to go digital

29 April 2020

The lockdown is leading to a rapid expansion in the digitisation of fleet services, says the Association of Fleet Professionals. Co-chair Paul Hollick explained that the trend could be seen right across the spectrum of the industry, from service providers to how employers communicated with drivers. He said: “Much of this trend has been prompted by the … [Read more...]

Calls mounting for insurers to repay premiums

28 April 2020

British motor insurers should repay all or some of their premiums to customers because of a steep drop in car use and claims due to the coronavirus lockdown, according to a group of lawmakers. The lawmakers said car insurers had reported an almost 50% drop in claims during the lockdown and the British government had said driving was down by 75%, with … [Read more...]

Insurance premiums slight rise, so shop around

20 April 2020

The cost of car insurance across Wales has increased in the past 12 months, shows new data. The average price of car insurance in the region has accelerated by £21 (3%) in the past year to now stand at £699, according to the latest Confused.com survey of more than six million quotes every quarter, the most comprehensive car insurance price index in … [Read more...]

Lockdown legalities for fleets & users

15 April 2020

The handing back of company car and van keys or fobs to employers in order to avoid benefit-in-kind taxation during the coronavirus lockdown needs careful management, the Association of Fleet Professionals has warned. There remained both pertinent questions for HMRC around the issue and a range of potential practical problems to resolve, explained co-chair … [Read more...]

Call for rip off insurance renewals to be outlawed

14 April 2020

Drivers want legal steps to be taken to put the brakes on rip-off car insurance renewal pricing. According to the GoCompare Car Insurance study, 4.7 million drivers3 were caught out by the auto-renewal trap - where their insurer auto-renews their policy for another year if they haven’t checked for a better deal. The practice … [Read more...]

Newslines 11 April

11 April 2020

The Covid-19 lockdown has reduced traffic on the roads and the number of accidents but has also brought an increase in speeding, according to data from My Policy Group, the telematics and data analytics business. This is a cause for concern as increasingly erratic driving behaviour could contribute to a rise in road traffic accidents, at a time when … [Read more...]

Lockdown security warning to businesses

8 April 2020

Security of used cars and vans without access to formal storage facilities could be a growing problem for the remarketing sector over the course of the coronavirus lockdown, says the Vehicle Remarketing Association. The body, which represents organisations involved in the remarketing of 1.5m cars and vans every year, said that large numbers of vehicles left … [Read more...]

Safety checks remain vital despite MoT extension

7 April 2020

Following the Driver and Vehicle Standards Agency’s decision to issue a six-month exemption period for MOTs that expire after 30 March, insurethebox is helping its customers make sure their vehicles remain safe during this time. While the government has allowed garages to remain open, social distancing advises against such appointments. As a result, … [Read more...]

MoT tests extended six months

25 March 2020

The temporary MoT exemption is positive as it will allow vital services to continue and aftersales workshops to prioritise essential repair works on critical vehicles, said Sue Robinson, Director of the National Franchised Dealers Association. On Sunday 22 March, NFDA wrote to the Rt Hon Grant Shapps MP asking for a three-month MoT moratorium. Today, the … [Read more...]

Tradelines 25 March