Car costs for drivers under the age of 25 have fallen by £386 year-on-year, driven by a fall in insurance premiums according to research conducted by Compare the Market. The average cost of driving – including car insurance, fuel, road tax and annual MOT costs – was £2,460 in November 2025, down 13% from £2,846 in November 2024. During the same period, car … [Read more...]
Proper planning prevents poor premium payment
Go.Compare Car Insurance says the best day to renew is 27 days before it expires. The data shows that policyholders could pay up to 50% more if they renew their policy on the day it’s due for renewal, compared to 27 days before. The findings are based on the average premium paid by policyholders in 2022, and also found that the most expensive time to buy … [Read more...]
Beware of new insurance ‘admin fees’
Go.Compare car insurance says the number of policies that now charge admin fees has risen since this time last year. The comparison site has reviewed the 332 comprehensive car insurance products in the market in 2023 and compared the admin fees charged today, compared with the same fees charged in the same period in 2022. It found that the number of car … [Read more...]
£60 added to average premiums by comparison sites, claim
A new report sheds light on the practices price comparison websites are implementing to persuade vulnerable young drivers to part with their hard-earned cash - when they already pay 149% more than national average on their insurance. Earlier this month the Financial Conduct Authority released an assessment of the insurance industry, which lifted the lid on … [Read more...]
