A perfect storm is battering premiums for younger drivers, says MoneySuperMarket. Quarterly data from MoneySuperMarket, reveals that young drivers shouldered hefty car insurance premium increases from July to September 2017. Of the three main factors affecting premiums in 2017 - changes to the discount rate applied to claims pay-outs, the increase in … [Read more...]
Motorists facing higher compensation premiums
Average car insurance premiums could increase by up to £75 a year as a result of a government ruling, industry experts have said. A new formula for calculating compensation payments for those who suffer long-term injuries has been announced by the Ministry of Justice, but the Association of British Insurers (ABI) called the decision "crazy". The … [Read more...]
Welsh motor sport under EU insurance threat
The future of Wales Rally GB and Circuit of Wales are unexpectedly under threat from a controversial ruling by a European Court. In future, both might have to pay enormous comprehensive public protection insurance premiums and see any competitors’ accidents reported to police as if they happened on public roads. Off-road rallies, grass-track, trials … [Read more...]
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