Nearly a third (31%) of drivers would challenge a thief trying to steal their car - men 41% and women 22% and rising to 35% of over 55s, compared to 26% of under 54s. More than one in ten (11%) would also like to take drastic action to protect their car, e.g., putting an electric shock device on the car door to stop thieves men 14% and women 8%. The Opinium survey of 2,000 UK drivers by … [Read more...]
Annual average car costs rise by £1,000
Annual average car costs have risen by almost £1,000 – an increase of around 20% – since the start of 2022. November’s Startline Used Car Tracker research suggests motorists' annual spending on fuel, insurance, servicing and car finance had risen by £80 a month. The biggest single increase was seen in fuel at £37 per month but insurance and motor car finance both rose by around £20 per … [Read more...]
A fifth of drivers risking insurance fraud
Go.Compare insurance has found that one in five parents with children who have a car could be risking a significant fine and a criminal record for ‘fronting’ their child’s insurance policy. ‘Fronting’ is when an older or more experienced driver - usually a parent - claims that they’re the main user of the car but it’s mostly driven by a young person, or other high-risk motorists, to reduce the … [Read more...]
Drivers breaking laws through ignorance
GoCompare car insurance has revealed that thousands of motorists could be regularly breaking the law while driving. In a new survey of over 2,000 motorists in the UK, many admitted to either always, often or sometimes doing the below activities while driving, which could all result in a fine, penalty points and increased costs at your insurance renewal. The key findings from the research are … [Read more...]
Borrowing to keep driving
As the cost of fuel increases, it is becoming tough for many drivers to stay on the road, said Alex Hasty, director at comparethemarket.com. “Our research shows high petrol and diesel prices are now forcing drivers to make fewer journeys, and some are needing to cut back on seeing friends and family. “More than eight in ten drivers are worried about the increasing fuel prices and one in three … [Read more...]
We’re keeping cars longer and going further, says Co-op
Co-op Insurance has revealed that British motorists are quite literally in it for the long haul when it comes to their cars. Figures from the Driver and Vehicle Standards Agency reveal that over nine million vehicles – more than one in five of the 40.3 million on the road today – has over 100,000 miles on the clock. Data from the insurer also shows that the average age of cars it now insures … [Read more...]
Bigger savings emerging with electric cars
The annual running cost of an electric vehicle is now £579 cheaper on average than a petrol-fuelled car, according to the latest research from comparethemarket.com. This saving in cost has increased from 2021 when EVs were just over £400 cheaper to run. The research, which analyses the price of insurance, fuel, and road taxes, shows that the average annual cost of running a petrol-fuelled car is … [Read more...]
Don’t let your dog lead you to a fine
Millions of drivers risk breaking the law when it comes to travelling with their dog - and it might lead them to fines of up to £5,000. Research conducted by the UK's largest independent road safety charity, IAM RoadSmart, has revealed that 42 per cent of dog owners surveyed put their dog in an unsafe place in the car while driving. With around 36 million licence holders in the UK and … [Read more...]
Short-term car insurance quotes increasing with demand
GoCompare says the number of people quoting for short-term or temporary car insurance has returned to pre-pandemic levels this winter as drivers sort out their Christmas travel plans. The comparison site is expecting a bumper month in December as volumes for this type of insurance traditionally increase by up to 30% during the festive period. Short-term car insurance is temporary cover that … [Read more...]
Drivers warned about leaving it late to switch insurers
Time is running out if you want to save money and switch insurers before a new law takes effect. Price analysis website Comparethemarket.com has studied UK car insurance premiums over the last nine years revealing drivers are losing up to £350 by not switching their insurance at the optimum time. Significant savings can be made based on the number of days left on your policy and the time of … [Read more...]
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