RAC Insurance has announced an exclusive partnership with telematics insurance specialist Ticker to licence and distribute a suite of connected motor insurance products aimed at consumers. From this week, a brand-new telematics insurance policy has launched for new and young drivers, which will be quickly followed by further products aimed specifically at … [Read more...]
Young drivers hit with premiums over £3,000
The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market. This is a substantial £1,071 increase, or 53%, in the typical cost of car insurance for a 17-year-old from last year's £2,004. The average cost of car insurance for a driver with a … [Read more...]
Young drivers’ premiums soaring to unaffordable level
The cost of car insurance for young drivers has surged by an average of £594 (50%) in the past year, according to new Young Drivers research from Compare the Market. There are concerns that driving is becoming increasingly unaffordable for many young people. Premiums for motorists aged under 24 now reach up to £1,792 in August 2023 compared to £1,198 in … [Read more...]
Van replacements extending, say AFP
Some van fleet operators are discovering that replacement cycles can be stretched to up to eight years without encountering major problems, the Association of Fleet Professionals is reporting. Paul Hollick, chair at the industry professional body, said that a range of new skills had been developed by fleet managers that were making these longer cycles … [Read more...]
Cutting insurance premiums – legally
With the cost of living continuing to rise and the average annual cost of car insurance reaching £586, many people will be looking for methods to reduce this expense. From enhancing security to seeking rewards, the car insurance experts at Confused.com share their tips on how to get cheaper car insurance: Don’t accept your renewal price - Many … [Read more...]
Men clocking up more penalties than women
Male motorists are clocking up more than twice as many penalty points as their female counterparts, according to new data from the Department for Transport. Male drivers racking up three penalty points on their licences currently total 1,343,700, compared to 606,700 for female drivers, as of the 5 February this year. The number of male drivers with six … [Read more...]
Five ways to save fuel and electricity costs
A five point plan to control spending on petrol and diesel has been issued by FleetCheck as prices reach record levels in the wake of the Ukraine invasion. Peter Golding, managing director at the fleet software company, said that fleets should adopt some form of strategy because it appeared the conflict was unlikely to resolve quickly. “The terrible … [Read more...]
Tradelines 30 June
Ford has expanded FORDLive connected uptime system to European fleet operators with the introduction of Ford Telematics Essentials – a complimentary new fleet management tool designed to help increase the productivity of connected commercial vehicles. Smart Maintenance alerts based on real-time vehicle health data help businesses to maximise uptime by … [Read more...]
Classic cars and their ev future
The Government stands to lose about £28B in fuel duties annually as EVs become the norm in a decade or so, says Hagerty Classic Car insurance, so it must find a way to compensate. At the last count, there were more than 20 toll roads in the UK, including 18 river crossings, but also the M6 toll road and congestion road pricing in Durham and London. UK … [Read more...]
Tradelines 17 July
SsangYong is launching a special edition Tivoli LE from mid-July. The new Tivoli LE based on the existing ELX derivative has the “look” of the brand’s top spec Ultimate model on the outside which features a black roof, power folding mirrors with integrated indicators, black diamond cut 18” alloys and a rear spoiler from £17,745 for the Tivoli LE petrol … [Read more...]