It's a fair cop - police officers benefit from cheapest car insurance Police professionals can expect the cheapest car insurance quotes on the market, according to new research by Quotezone.co.uk. The median insurance quote for police and community support professionals in the UK is £499. Driving instructors and examiners are on their tails at £615; followed by nurses, £717; architects, £744; … [Read more...]
Premiums continue to fall despite IPT hike
Average premiums have continued to fall in the third quarter of 2019 indicating a trend of reducing premiums, according to the latest Premium Drivers report from comparethemarket.com. While premiums have historically fluctuated throughout the year, average premiums are now markedly lower than the same time last year. In Q3 2018, average premiums were £732. Premiums have now fallen to £707 in Q3 … [Read more...]
New drivers facing old risks this autumn
Thousands of new and generally younger drivers will be facing their first autumn and winter on the road since passing their tests earlier this year, and dangers are around the corners. They may well have already encountered some pretty challenging conditions, but telematics insurance provider, drivelikeagirl, is urging new drivers to be extra vigilant to changing road conditions as we head into … [Read more...]
Insurers are raising motor costs by stealth
Analysis of car insurance policies reveals that since 2012 admin fees have become more commonplace with charges increasing by twice the rate of inflation, but you'd hardly know about it. Cancellation fees have risen by 49% since 2012; Charges for mid-term policy alterations have increased by 38%; GoCompare Car Insurance urges drivers to dispute charges that they feel are unfair … [Read more...]
Excess giveaway by GoCompare
Customers arranging car insurance through GoCompare are set to benefit from financial assistance aimed at reducing the cost of making a claim, as part of an innovative campaign to raise awareness of insurance excesses. GoCompare Car Insurance is giving away free £250 excess cover to every customer who buys a qualifying car insurance policy. Customers who need to make a claim on their car … [Read more...]
Charging, range and costs are keys to starting ev drive
Ease of charging, distance travelled on one charge and saving money are the top considerations for drivers when it comes to buying an electric car. In a national Opinium survey of 2,000 UK drivers, commissioned by InsuretheGap, a leading supplier of Guaranteed Asset Protection insurance for new and second-hand cars, four-fifths of drivers answered what would make them more likely to buy an … [Read more...]
Jobless hit hardest by insurers
Insurance companies are penalising policy holders who are unemployed, said Dan Hutson, Head of Motor Insurance. “Young people could pay nearly £900 more on average than over 65s for their motor insurance, and the unemployed could pay £440 more than the employed. Looing at comparethemarket.com’s latest motor snapshot highlights the differences in costs between demographics, which are due to … [Read more...]
Welsh drivers spent almost £4,000 on first cars
New drivers in Wales are forking out just over £3,900 for their first car. In the North West and London they splash out more than £5,000 on their first wheels. The average amount of money spent on buying a new driver’s first car is now £4,276, an increase of 42% on the 2017 figure of £3,005. According to GoCompare Car Insurance new drivers in the North West spend the most on their first … [Read more...]
Young driver insurance and new car package
Young Driver On the Road has partnered with iKube to offer novice driver insurance from £22 a week, along with affordable car leasing with Vauxhall. With one in four parents (24 per cent) admitting the high cost of car insurance is putting them off encouraging their child to learn to drive at 17, the UK’s leading pre-17 driving school has pledged to end insane premiums for new … [Read more...]
“Fronting” could see you facing a judge
1 in 10 parents of young drivers are risking a trip to court and a criminal record for ‘fronting’ their child’s car insurance policy, new research has found. GoCompare Car Insurance commissioned the research amongst 1000 parents of children aged 17-25 who have passed their driving test. 10% of the parents admitted that they had insured their child’s car in their name in order to save money. A … [Read more...]