Wales is the cheapest place to own and run a vehicle in the UK. A new analysis of regional motorist spending has revealed significant disparities in the cost of motoring across the UK, with drivers in Northern Ireland paying more than £600 a year extra compared to those in Wales. The data highlights key spending areas: fuel, insurance, servicing, … [Read more...]
Essential to build NCDs, says broker
Car insurance premiums decrease by £745, a drop of almost a third (32%), after one year of no claims discount, according to Compare the Market. When drivers come to renew their policy, those who have not made a claim on their car insurance can typically receive a no claims discount, or no claims bonus, from a number of insurance providers, with the discount … [Read more...]
Fuel prices rising once more say RAC
Fuel prices have jumped again, said the RAC. The average price of petrol rose in July making for the second consecutive monthly increase while diesel remained stable, data from RAC Fuel Watch reveals. A litre of unleaded across the UK now costs 145p, up a penny since the start of the month and nearly 2p since the beginning of June. Worryingly though, the … [Read more...]
Premiums dip to new low but expect rises
The average annual car insurance premium has dipped slightly to £602 in March 2021. This marginal decline from the previous month suggests the end of the big price falls and the average premium is still £110 cheaper than the same month last year. Dan Hutson, head of motor insurance, comparethemarket.com said,“The rapid fall in car insurance premiums, seen … [Read more...]
Drivers must act over insurance hikes
As the ABI reports an 8% increase in car insurance premiums in the last 12 months, GoCompare said drivers must look for the best deals. Matt Oliver spokesperson for GoCompare Car Insurance, "Motorists are being hit with rising costs from all sides at the moment and those who have renewed their policy in the last few months are very likely to have seen an … [Read more...]
