Car Insurance
Drivers must shop around for car insurance
Lee Griffin, business development director of leading insurance comparison website Gocompare.com, comments on the AA's premium index: "Looking at the findings of the latest AA insurance index two things stand out.
Car insurance continues to rise steeply
There is little sign of a let-up in car insurance premiums a further 6.4%, or £51, was added to the typical Shoparound premium recorded by the AA's benchmark British Insurance Premium Index, during the fourth quarter of last year.
swiftcover.com backs ABI motor research
Robin Reames, claims director at swiftcover.com commented on the Association of British Insurers (ABI) research into motorists providing incorrect information when applying for car insurance, and the knock-on effect it has on premiums.
Car insurers agree to limit data exchange after OFT investigation
Seven insurance companies and two IT software and service providers have provisionally agreed to limit the data that they exchange between them after the OFT raised competition law concerns.
2010 the worst year for car insurance price rises
Third party, fire & theft insurance has gone up by 56.3% in 2010 (an extra £322) compared to a rise of 21.6% in 2009, according to Confused.com.
Direct Line calls for uninsured drivers to face tougher penalties
Direct Line is calling for uninsured drivers to face tougher penalties after new fine levels for uninsured drivers could be as little as £50.
New Year brings new savings drive for Brits
Over half (59 per cent) of Brits will look to make further savings in 2011, according to research by online insurer swiftcover.com.
Uninsured drivers face new crackdown
New powers to tackle uninsured driving will come into force within months, Road Safety Minster Mike Penning announced today.
Cheapest car insurance not always the best option
British motorists need to be aware of exactly what their ‘fully comprehensive' car insurance will cover them for, and shop around for the best priced policy for their needs, says moneysupermarket.com.
Keep your eyes on the road for potholes
The harsh winter is already bringing out a nasty rash of potholes on Britain's crumbling roads which are set to wreak havoc on cars and lead to a corresponding rash of insurance claims.
Direct Line raises issues about electric car insurance
Car Insurance is calling for greater clarity from vehicle manufacturers on a number of issues surrounding electric vehicles. This follows the recent launch of more electric car models combined with Government plans to begin installing charging points in some of the major cities and giving motorists up to £5,000 towards the cost of a new electric vehicle.
1 in 4 Brits have never switched and saved
New research by comparison site Gocompare.com has revealed that although 61 per cent of consumers are expecting 2011 to be a very difficult year financially, over 12 million of them have never switched any of the 20 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender.
Monthly car insurance doesn’t have to break the bank
With car insurance premiums rising by nearly 40 per cent on average this year, drivers looking to keep car insurance costs manageable may opt for the convenience of monthly instalments; failure to identify the best deals could prove to be costly so shopping around is crucial, according to research by moneysupermarket.com.
Hire car drivers warned to check their insurance
Hire car drivers planning to hire a car in the UK this Christmas are being urged to scrutinise the small print of their excess insurance policies to avoid being caught out if they are planning to drive the car from home.
Older drivers safest in icy weather
Insurance claims by over 50s drivers are actually DOWN 17% this December, compared with the same time last year, Saga Motor Insurance can reveal.