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The Co-operative Insurance saves young drivers £7.2m in their first year

The UK’s first major insurer to reward 17-24 year-olds for responsible driving, The Co-operative Insurance, has saved its young drivers more than £7.2 million in their first year of driving since launching the scheme in March 2011.

UK motorists overcharged as insurers play auto-renewal tricks

UK motorists are wasting £1.3 billion each year by staying loyal and allowing their car insurance to automatically renew, at the price of their insurer’s choosing.

True Brits top list of classic cars covered

True Brits top list of classic cars covered

Classic vehicle insurer, Ageas Insurance Limited, has unveiled the top ten classic cars it covers through Optima Classic Car, its specialist policy sold via brokers, created for enthusiasts and owners of cherished vehicles.

Cost of home insurance falls

The cost of home insurance has fallen over the last year according to the Association of British Insurers (ABI) latest Average Quarterly Household Premium Tracker.

1 in 4 parents of young drivers are ‘fronting’ their car insurance policies

A quarter of parents of young drivers are ‘fronting’ a car insurance policy for their child in order to save them money.

Silver skiers could be forced out in the cold this season due to the cost of cover

Older skiers face an uphill struggle to get covered on the slopes, according to research from Travel Insurance.

Little movement in home insurance premiums

The average quote for a combined home buildings and contents insurance policy has remained static over the past three months, with just 5p added to the average annual cost of a policy, says the AA’s latest benchmark British Insurance Premium Index.

Car insurance rises falter

Average quoted car insurance premiums have risen by just £1 over the last three months of 2014, according to the latest AA British Insurance Premium Index.

Over one in three families need quick access to cash to avoid funeral debt

Over 40 per cent of people believe their families would be unable to cover the cost of their funeral without getting into debt unless they had quick access to cash, new research from Engage Mutual reveals.

Nearly half of consumers didn’t switch any of the 10 most popular financial and household utility products in 2014

Loyal consumers could be wasting billions of pounds by sticking with the same financial services and household utilities providers year after year.

British SMEs thriving and growing

British SMEs are thriving with business owners reporting that profits are up in the past year and the outlook is positive. SMEs interviewed in the research included sole traders and companies employing up to 250 people.

Travel insurance warning in the busiest week for holiday bookings

Millions of British holidaymakers will book their summer holidays in January with the third week of the year traditionally being one of the busiest for those looking forward to some summer sunshine.

One in three winter sports holidaymakers won’t take out appropriate insurance cover

One in three people (33%) planning to take a winter sports holiday this winter do not intend to take out winter sports insurance, according to new findings1 from Sainsbury’s Travel Insurance.

Thieves using keys found ‘under the mat’ to burgle homes

Thousands of homeowners are being burgled with their own house keys, as opportunistic thieves use keys hidden under the mat and in other easily accessible places to gain entry.

Co-op updates young driver insurance to accelerate safer driving skills

In a first for the Insurance industry, The Co-operative Insurance has partnered with e-merge safer drivers to pilot a series of educational modules for customers holding a Young Driver Insurance policy.