As families head home from holiday over the weekend and back to school and work, Green Flag is predicting around 73,398 breakdowns and 132,644 calls on UK roads between Friday 30th August and Monday 2nd September or to 13 breakdowns per minute over the course of the weekend. Lucy Davies at Green Flag said, “As many people head back home after a long holiday … [Read more...]
Insurance News
Steep rise in compulsory excess on motor policies
Research from GoCompare reveals that since 2012, the average cost of compulsory car insurance excesses has risen well above the rate of inflation. Depending on their policy, drivers can now face compulsory excesses for a fire, theft or accidental damage claim of up to £3,000, compared with a maximum of £475 in 2012. Average excesses for accidental damage … [Read more...]
Motorists pay hefty price for auto-renewal insurance policies
Ahead of one of the busiest months for car insurance renewals, GoCompare Car Insurance revealed millions of motorists are overpaying to the tune of £982m a year for their car cover by allowing their insurer to automatically renew their policy. At their last renewal, 4.1 million drivers rolled-over their insurance without checking to see if they could get … [Read more...]
Insurers are raising motor costs by stealth
Analysis of car insurance policies reveals that since 2012 admin fees have become more commonplace with charges increasing by twice the rate of inflation, but you'd hardly know about it. Cancellation fees have risen by 49% since 2012; Charges for mid-term policy alterations have increased by 38%; GoCompare Car Insurance urges drivers to … [Read more...]
Majority say a car is essential for everyday life needs
More than three quarters (79%) of UK drivers think that having a car is essential for their everyday life, rising to 85% of those in rural areas, according to a new Opinion survey of 2,000 UK drivers. The survey commissioned by InsuretheGap.com reveals that 57% of those aged under 65 could not get to work without a car, rising to almost 60% of under … [Read more...]
Youngsters rejecting cars for mopeds
It is encouraging to see motorcycle registrations bounce back with a 4.3% growth in July following June’s decline, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK. Motorcycle registrations rose by 4.3% in July following the double-digit decline of -11% in June. A total of … [Read more...]
Excess giveaway by GoCompare
Customers arranging car insurance through GoCompare are set to benefit from financial assistance aimed at reducing the cost of making a claim, as part of an innovative campaign to raise awareness of insurance excesses. GoCompare Car Insurance is giving away free £250 excess cover to every customer who buys a qualifying car insurance policy. Customers who … [Read more...]
Summer drink-drive crackdown warning
Motorists are being issued with a drink-drive warning as police gear up for their annual summer crackdown. The number of roadside breath tests carried out in June is 50% higher than any other month apart from December. Police breathalysed 36,041 drivers in England and Wales in June 2017, the latest year for which figures are available. This compares … [Read more...]
Tracking devices way to beat keyless thieves
The Association of British Insurers latest figures reveal that its members paid out £108million in stolen vehicle claims in quarter one of 2019 - a 22% increase on the same period last year. However, the stolen vehicle recovery system, Tracker, is urging insurers to offer car owners greater incentives to fit additional security devices, including … [Read more...]
Clampdown means fewer risk uninsured driving
Fewer people were caught driving without insurance in 2018 than any other year since 2012, reveals new data seen by RAC Insurance. A freedom of information request to the Driver and Vehicle Licensing Agency found that 79,713 people were caught breaking the law in this way last year. This is in stark contrast to 2017 when 118,698 people were caught – the … [Read more...]
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