Car Insurance
Car insurance initiative could give over-50s drivers a lift
An insurance industry initiative, aimed at stopping car insurance fraud in its tracks, could also mean lower premiums for experienced motorists, a Saga Car Insurance poll has found.
CMA sets out changes for private motor insurance
The Competition and Markets Authority has set out the changes it proposes to make in the private motor insurance (PMI) market to increase competition and reduce the cost of premiums for motorists.
Over half of car insurance policies exclude valet parking
Gocompare.com is warning drivers to check their insurance before handing over their car keys to a valet parking service – or risk picking up the cost of repairs if their vehicle is damaged.
Consumers agree insurance policies should be easier to understand
The news that some insurers are looking at reducing insurance policy terms and conditions to just two pages will strike a chord with a third (33%) of consumers according to a recent report by independent market researchers Consumer Intelligence.
M&S Bank car insurance is guaranteed to beat
M&S Bank has launched an exclusive card holder offer for new M&S Car Insurance customers.
Free Sainsbury’s Breakdown Cover with new Sainsbury’s car insurance policies
New Sainsbury’s car insurance customers will receive free Sainsbury’s Breakdown Service cover.
Motorists burn £1.9 billion a year by ‘auto renewing’ their car insurance
UK motorists are wasting £1.9 billion each year by staying loyal to their existing car insurer. Not shopping around for a better deal at renewal time means drivers could be throwing away around £220 a year, says MoneySuperMarket.com.
58 per cent car insurance price increase for being unemployed
Although the cost of car insurance is generally falling, some drivers are faring less well than others. The latest analysis from MoneySuperMarket reveals those out of a job are paying a high price for being unemployed.
Aviva detects £110 million of insurance fraud, up 19% over 2012
Aviva detected over £110 million worth of insurance fraud in 2013 – a 19% increase compared with 2012.
esure recognises AEB drivers in motor insurance reductions
esure Group has announced that through its esure and Sheilas’ Wheels brands, it is recognising the safety benefits of Autonomous Emergency Braking (AEB) systems by offering premium reductions across particular Volvo, Mazda and Mercedes models1 from mid-April 2014.
RAC creates telematics joint venture with Quindell
The RAC and leading insurance and telecoms technology business Quindell have announced a joint venture creating a new business, Connected Car Solutions Limited, to distribute their world-leading telematics technology with an initial £30m investment.
Half a million motorists caught driving without insurance
Almost half a million UK motorists (473,564) were handed penalty points for driving without insurance (an IN10 endorsement) between 2010 and 2013, according to analysis of a Freedom of Information (FOI) request by Churchill Car Insurance.
New specialist insurance company broadens drivers’ horizons
A new specialist broker service aimed at the higher than average premium market is set to widen the options available to motorists looking for insurance.
Uninsured drivers rife on UK roads
One in seven (15 per cent) UK motorists have admitted to breaking the law by driving a car they were not insured to drive, with younger drivers continuing to be the age group most likely to offend (35 per cent), according to the latest research from MoneySuperMarket.
£6.7 million a day in insurance claims from customers hit by the recent flooding
The wettest winter on record is likely to result in £446 million being paid in insurance claims to customers whose homes, businesses, and vehicles were flooded – the equivalent of £6.7 million a day - according to updated figures released by the ABI, covering the period 23 December 2013 to 28 February this year.