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Car Finance

Top 10 tips for cutting the cost of car insurance

There are many factors that affect your car insurance that you can’t easily control, such as your age, years of driving experience, job, and where you live.

Car insurance premiums up eight per cent year-on-year

Car insurance premiums rose by eight per cent in May, compared to May 2014, according to analysis of 1.9 million quotes by MoneySuperMarket.

Organised fraud up 28% as gangs continue to exploit “cash for crash”

Aviva detected over 14,000 fraudulent claims worth £95 million in 2014 – equivalent to 39 fraudulent claims worth an average of £260,000 every day.

The roof comes off, but so do the miles

Over the last decade the UK has seen the number of convertible cars on its roads increase by a staggering 1182%, confirming Britain’s passion for ‘making hay whilst the sun shines’.

Motorists overspend £1 billion a year by paying for car insurance by monthly installments

Motorists who pay for their car insurance monthly could save £62 each – or £992 million collectively as a nation – by switching to an annual payment, according to research by MoneySuperMarket.com.

Jeremy and Richard give driving a bad name

MoneySuperMarket’s ‘Names with claims’ analysis of 11.3 million car insurance quotes run on the site, reveals the top 20 male and female names who make the most claims on their car insurance policies.

Motorists warned about uninsured modifications

Gocompare.com Car Insurance is warning drivers not to inadvertently invalidate their car insurance by not advising their insurer of any modifications they make to their vehicle.

Zopa partners with Uber to finance new cars

Peer-to-peer lending pioneer Zopa has partnered with the world’s leading on-demand car service Uber to provide finance to its London based self-employed drivers.

Car insurance premiums fall again

There was good news for motorists as the average quoted premium for a typical annual comprehensive car insurance policy fell over the first three months of the year.

Relief for motorists as insurance prices remain static

Comprehensive car insurance premiums have held steady during the first quarter of 2015, according to the latest Confused.com Car Insurance Price Index in association with Towers Watson.

HPI adds MOT and tax data to trade HPI checks

HPI adds MOT and tax data to trade HPI checks

Automotive technology solutions provider, HPI, is bringing dealers a new level of insight into the potential cost of vehicle acquisition and resale, with the addition of MOT and Tax information to its vehicle provenance and mileage verification services for the motor trade.

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.

Halifax puts customers in driving seat with Halifax Car Plan Extra - secured online car finance

Halifax becomes first bank to launch secured online car finance in the UK, Halifax Car Plan Extra, exclusively to eligible online banking customers.

Missed flight is breaking bad, say AA members

Conking out on the way to the airport is the most stressful breakdown scenario, reports the AA, which has updated its popular AA app to let you track the approaching patrol.

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.