The cost of car insurance has risen by 18% year on year, according to new Premium Drivers research from Compare the Market but older drivers are being priced off the roads. The typical premium stood at £850 in May 2024 after rising by £132 over the previous 12 months. The increase in the cost of car insurance in the past year may in part be due to a rise … [Read more...]
Beware of new insurance ‘admin fees’
Go.Compare car insurance says the number of policies that now charge admin fees has risen since this time last year. The comparison site has reviewed the 332 comprehensive car insurance products in the market in 2023 and compared the admin fees charged today, compared with the same fees charged in the same period in 2022. It found that the number of car … [Read more...]
Newslines 9 November
Drivers missed out on £2.3million of savings by not renewing their photocard driving licence using DVLA’s online service, according to the DVLA. Between April 2020 and March 2021, around 23% of the two million renewal applications it received were sent in either by post or via the post office but renewing a photocard driving licence using GOV.UK costs £14 … [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...]
Drivers on cruise control with insurance costs
BRITISH motorists are on cruise control when it comes to renewing their insurance premium. Research has revealed more than a third of drivers let their annual car insurance policy auto-renew instead of shopping round for the best deal. Customers who roll over their contract typically end up paying inflated premiums as part of a 'loyalty penalty' - and … [Read more...]
