Wales is trickling behind in the roll-out of public charging points for the electric-car revolution. One London borough, Westminster has 1,021, more than the whole of Wales. Research from the Department for Transport shows Pembrokeshire has the highest number of public charging devices with 96 and it has the highest availability per 100,000 people at … [Read more...]
Depreciation despair for drivers
With new 21-numberplate cars now on sale, GoCompare Car Insurance is urging drivers looking for a new car to think about depreciation and the possible impact on their insurance. Depreciation is one of the biggest costs of running a car. The price of a new car falls dramatically as soon as it is driven off the forecourt. Depending on the make and model, … [Read more...]
Beware of EV premiums’ quotes
‘Green’ cars outsold diesels for the first time in 2020 with 285,199 models registered compared to 261,772 diesel engine cars. Although new car sales in 2020 were around 29% lower than in 2019, electric vehicles have grown in popularity with a degree of electric propulsion (BEV, PHEV and HEV). Market share for all-electric BEV cars grew … [Read more...]
Welsh premiums dip 10% for motorists
There’s good news for drivers in Wales - the average cost of car insurance has fallen by £68 about 10% year-on-year, according to Confused.com . That's due to the typical driver cutting miles by around 2,000 due to the lockdowns, reduced working and insurers recognising fewer claims coming in so costs have been slashed. Drivers in the region can now expect … [Read more...]
Insurance warning over lapsed MoTs
The coronavirus lockdown earlier this year resulted in millions of cars receiving a six-month extension to their MOT certificate but that leeway has ended. With the current MOT failure rate at 32%, millions of vehicles that don’t meet levels of roadworthiness could be on the streets. GoCompare Car Insurance is warning that this year, more than ever, it’s … [Read more...]
Tradelines 31 October
An additional £7.5m to help Welsh businesses including the automotive sector build resilience in order to cope with the challenges of Brexit was announced by Economy Secretary, Ken Skates. The £7.5m, which is part of the Welsh Government’s £50m EU Transition Fund, will be used over the next three years to help companies develop the new expertise and … [Read more...]
Doctors are prescription for problems
A study by GoCompare Car Insurance has found GPs are the most likely to make a claim due to an accident that was their fault. Analysis shows more than one in every eight (12.4%) GPs has made at least one ‘at-fault’ claim in the past year – more thandouble the national average across all occupations (6%). Interestingly, 11.6% of these claims involved no … [Read more...]
If you think you’re insured, check again
Tens of thousands of cars will come up for insurance renewal each month but you may be unwittingly breaking the law when you do so. Some insurance policies automatically renew but even then any change in personal circumstances not declared to the provider mean you will possibly have no cover in the event of a claim. Look at our handy guide to check if … [Read more...]
Drivers must act over insurance hikes
As the ABI reports an 8% increase in car insurance premiums in the last 12 months, GoCompare said drivers must look for the best deals. Matt Oliver spokesperson for GoCompare Car Insurance, "Motorists are being hit with rising costs from all sides at the moment and those who have renewed their policy in the last few months are very likely to have seen an … [Read more...]
Split insurance costs in Wales
Drivers in Central and North Wales have had a lucky escape from car insurance price hikes this quarter (Q1 2017), while motorists in South Wales have been hit with increased costs over the last three months. According to the latest Confused.com car insurance price index, powered by Willis Towers Watson, drivers in Central and North Wales have seen their … [Read more...]
