Car Insurance
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.
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.
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.
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
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.
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.
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.
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.
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.