A new report from Go.Compare Car Insurance revealed that the cost of getting a young driver on the road has risen to £6,574 – the highest since 2019, representing a shift backwards to pre-pandemic costs. Costs for young drivers – those aged between 17- 21 - and their families dipped to £6,394 in 2021 and £6,071 in 2020, a sharp fall from £6,846 in … [Read more...]
A fifth of drivers risking insurance fraud
Go.Compare insurance has found that one in five parents with children who have a car could be risking a significant fine and a criminal record for ‘fronting’ their child’s insurance policy. ‘Fronting’ is when an older or more experienced driver - usually a parent - claims that they’re the main user of the car but it’s mostly driven by a young person, or … [Read more...]
Millions of motorists consider axing breakdown cover
One-in-five Welsh drivers is considering cancelling their breakdown cover, says IAMRoadSmart. As the cost-of-living crisis deepens, millions of motorists are now considering cancelling their breakdown insurance in a bid to cut back on everyday outgoings. The Welsh findings mirror the national picture after research commissioned by the UK’s leading road … [Read more...]
GoCompare says young drivers fail to check payments
Research by GoCompare car insurance revealed there’s still a lack of understanding about motor insurance and excesses. Just over 2000 people took part in the survey which found that just 28% of motorists check their excess levels when taking out a policy: 36% of motorists said they just go for the cheapest price when they’re buying a policy, and when it … [Read more...]
Seven ways to slash car insurance
The fastest rise in the cost of living for a decade is going to put more pressure on hard-pressed families this year, so saving money on day-to-day expenses is all the more important. Fortunately, when it comes to motoring insurance there are straightforward ways to keep costs down. Car insurance comparison website Quotezone.co.uk offers some handy tips to … [Read more...]
Premiums dip before expected rise this month
Insurance premiums hit a seven year low at the end of 2021. The average annual car insurance premium declined by £80 year-on-year in Q4 (September – November), according to the latest Premium Drivers research from comparethemarket.com. The average premium is now £640, compared to an average of £721 for the same three-month period in 2020. The decline in … [Read more...]
Newslines 28 September
Rolls-Royce Motor Cars will tomorrow unveil its detailed plans for a pure electric model before the end of this decade. The company has already said what priorities it will use to launch the model when it is right for their customers and the recharging infrastructure exists to support the car, after showing a concept several months ago. Welsh … [Read more...]
Young drivers pass on manual gearboxes
The ‘green agenda’ is radically influencing driving attitudes of young people aged 17-24, reports IAM RoadSmart. The ban of new petrol and diesel vehicle sales from 2030 and the absence of manual gearboxes in electric vehicles has prompted 61% of the 1,000 young drivers to tell the road safety charity that they plan to apply for an automatic-only … [Read more...]
Insurance terms are baffling to drivers
One in seven UK adults admit they have no understanding of how excesses on insurance policies work, says GoCompare car insurance. Of the 2000 people who were interviewed as part of the research, a fifth – 21% - also said they don’t understand or are not sure of the difference between compulsory and voluntary excess when asked by the UK comparison … [Read more...]
Insurance fraud & finding best premiums for youngsters
Go Compare insurance has found that almost a quarter of parents could be risking a trip to court and a criminal record for ‘fronting’ their child’s car insurance policy. ‘Fronting’ is when an older or more experienced driver - usually a parent - claims that they’re the main user of the car but it’s mostly driven by a young person, or other high-risk … [Read more...]
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