Warrantywise warnsed that many UK motorists are not covered by a valid warranty, and could be facing big bills in 2022 amidst the increase in demand for second-hand vehicles. As new car production delays continue and consumer decision making over internal combustion versus hybrid or pure electric wavers, the rise in used car demand continues to grow. As such, UK car owners could be … [Read more...]
RAC underwrite used evs and hybrids
A new warranty for used electric and hybrid cars is launched today by the RAC. The RAC Electric Vehicle warranty will be supplied exclusively through the 1,300-strong RAC Dealer Network and can be applied to any used electric or hybrid car up to a maximum of eight years old and with 80,000 miles on the clock at the time of purchase. Cover is available for a variety of periods up to 24 months and … [Read more...]
Warranties surge as sales stagger
Warrantywise is one of Britain's largest car warranty companies and had a record year in sales growth. They are celebrating an outstanding 55% growth in sales year on year. Lawrence Whittaker, CEO of Warrantywise, attributes this to a number of reasons, "We've had a fantastic year for sales, and worked really hard on setting goals to achieve this. “We hired a new Chief … [Read more...]
Lockdown plans need checking
Drivers should ensure they are covered for the lockdown. Lee Griffin, CEO and one of the founders of GoCompare, said, "The pandemic is continuing to have a major impact on our day-to-day lives, including our driving habits. “To stay safe and avoid penalties, it’s important that drivers keep abreast of lockdown rules regarding car use and driving according to the rules of the road. “Temporary … [Read more...]
Motorists taking risks with insurance ignorance
Millions of drivers have no idea exactly what their car insurance policy covers as one in four simply let their other half deal with it. A study of 2,000 UK motorists found one in 10 are clueless about whether they are covered for things like driving their car for business use, if they have windscreen cover or if they can drive other vehicles. Worryingly, nearly one in three wouldn’t know what … [Read more...]
Extortionate GAP insurance from dealers – claim
Car dealers are ripping off buyers with GAP insurance products, claims one specialist insurer. Dealerships are selling Guaranteed Asset Protection insurance to car buyers for up to ten times more than an equivalent policy from a specialist GAP insurance company. One car buyer bought a Mercedes-Benz A180 CDI Sport for £20,000 and was quoted £1,000 for GAP insurance from the dealership, … [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 any of these apply to you and consider … [Read more...]