Motorists over 50 are facing substantial increases in the cost of car insurance, according to new Premium Drivers research from Compare the Market. The typical premium for a driver aged between 45 and 54 is £551 in September 2023 – a £195 (55%) increase for the same month in 2022. The typical premiums for drivers aged between 55-79 have also risen by 54% … [Read more...]
Running costs drive motorists’ buying decisions, says Startline
The effect of rising living costs on which used cars are chosen by consumers has grown strongly in the last six months, according to September’s Startline Used Car Tracker. Running costs are the most important factor now named by 74% of motorists compared to 62% in April, followed by the cost of living, which is now at 65% against 61% over the same period. … [Read more...]
Tradelines 17 August
Van insurance has increased 13.6% in the first half of 2022 for new business customers – with the more recent price jumps attributed to spiralling inflation. In the UK, the average quoted cost of van insurance is now £1,156 and all age groups have recorded double-digit increases to their motor insurance policies since the start of the year. A warning has … [Read more...]
Insurance premiums rising again
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as … [Read more...]
Insurance premiums slight rise, so shop around
The cost of car insurance across Wales has increased in the past 12 months, shows new data. The average price of car insurance in the region has accelerated by £21 (3%) in the past year to now stand at £699, according to the latest Confused.com survey of more than six million quotes every quarter, the most comprehensive car insurance price index in … [Read more...]
Thefts from cars contributing to insurance rise
Nearly one in five UK car owners has been a victim of theft from their vehicle, research into car break-ins has revealed. With 831,000 incidents of vehicle related crime reported in the UK last year, car leasing company UK Carline researched car crime to find out the most common things UK car owners have had stolen from their vehicle. Car radios proved … [Read more...]
