Around 1,000 speed humps are installed on roads across Wales in a bid to improve safety but they are giving motorists a bumpy ride and are causing ‘too much’ damage to cars, according to a new poll. Research for Wales-based Confused.com revealed that almost half (45%) of motorists in Wales think speed humps, bumps or cushions cause too much damage to … [Read more...]
Insurance News
Electric dream or nightmare?
A major insurer broker has questioned the realities behind the ‘electric dream’. Commenting on the Prime Minister’s speech at the Zero Emission Vehicle Summit, Dan Hutson, Head of Motor Insurance at Compare the Market, said, “The two key issues holding back electric cars from becoming the norm are the cost and the infrastructure. "Electric cars, while … [Read more...]
Beating the thieves – on price
According to the Office for National Statistics, 89,000 vehicles were stolen in England and Wales last year – up by 56% from 57,000 in 2016. Motorists now have a new way to protect their vehicle from thieves with the launch of TRACKER Vantage, the affordable GPS security solution from TRACKER, the stolen vehicle recovery expert. TRACKER Vantage comes … [Read more...]
Covering investment rarely considered by car buyers
A new car loses approximately 20% of its value when it is driven off the showroom forecourt, and cars lose between 15 – 20% of their value each year, however, different makes, models and even colours will all hold and lose their value differently. Depreciation is the difference between what you paid for a car and the amount you can get back when … [Read more...]
Reduce the risk of buying a stolen car
Earlier in the year it was widely reported that UK car thefts were on the rise, which is a cause for concern. This makes buying a used car a risky business. Those who are looking to a grab a bargain with a car made by a German manufacturer may have even more need to be vigilant when looking to buy a second-hand vehicle. With car thefts being a growing … [Read more...]
Tradelines 29 August
A survey conducted by road safety charity IAM RoadSmart has found that its members are increasingly disillusioned with the state of the roads in the UK – and feel the Government is not doing nearly enough to tackle the problem. The survey of more than 7,000 IAM RoadSmart members found that the majority think that our roads have become much worse in recent … [Read more...]
Insurance fraud is found every minute in UK
Every minute in Britain an insurance fraud is detected, according to industry figures. Over 562,000 insurance frauds were uncovered last year, said the Association of British Insurers. About 113,000 were dishonest claims, valued at £1.3bn and while the number of dishonest claims fell 8%, the value of those claims rose 1%. Organised frauds such as … [Read more...]
Insurance premiums penalise some jobs
Choosing the wrong occupation could land drivers in a situation where they are paying as much as 14% of their salary, just to insure their car. According to Confused.com, the driver savings site, doormen ranked second on the list of the 10 most expensive occupations for car insurance, paying out a whopping £3,215 on average. This burden is made worse … [Read more...]
Newslines 17 August
Jaguar Land Rover will add three new models over the next five years and gradually switch most of its vehicles to a new modular platform. The first model will be a new-generation Land Rover Defender, arriving in the 2020-21 financial year, JLR said in a June 22 presentation to investors and two more vehicles will be launched between 2021 and 2024, with … [Read more...]
Alcohol related accidents accelerate 30%
The number of fatal road accidents involving illegal alcohol levels has risen 30%. Figures released by the Department for Transport today show there were 220 fatal drink drive accidents in 2016 – compared with 170 in 2015. The number of serious casualties was also up – from 1,170 to 1,250. The total number of casualties, including slight injuries, … [Read more...]
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