Young motorists aged under 25 could save up to £281 on their car insurance by adding an experienced named driver to their policy, said Compare the Market. It reveals the typical premium for a young driver is £1,859 with an additional named motorist on the policy. Without any other named drivers on the policy, the average premium for a young person is £2,140 – a 15% increase. However, all named … [Read more...]
Insurance Features
Wish list to put the wheels under UK economy
Following last week's General Election, the automotive sector has written its wish-list for the new Labour Government and what it sees as priorities to boost sales and the economy on wheels. The RAC is calling for the new Labour Government to urgently tackle the most pressing concerns of the UK’s 40m motorists in its new transport policy. The poor state of local roads, rising insurance premiums … [Read more...]
Go.Compare reports falling premiums
Go.Compare car insurance says car insurance costs are beginning to fall, with the average insurance premium now at £447. The comparison website’s latest price index has revealed that even though the average cost of car insurance fell by £18 in the last quarter - from £465 to £447 - prices are still up on 2023 figures, with the average policy costing £343 this time last year. Across the UK, the … [Read more...]
Welsh beaches holding back car crime tide
Wales has some of the UK’s safest beaches with lowest levels of car crime, according to statistics pulled together by Scrap Car Comparison. Criminals around the Welsh and British coastline are not taking a break or holidays even if you do, but where you go can make a difference to a day out. With summer holiday season almost upon us, sun seekers will be looking forward to loading up the car and … [Read more...]
Vans are mobile adverts for businesses
Vansdirect has spotted that searches for ‘van modifications near me’ have increased by a staggering 150% in the last three months, highlighting the growing interest in personalising vans and improving the vehicle’s efficiencies. Fortunately, for those spending considerable time on the road, there are many modifications that can improve the safety, comfort, and performance of a van. And there’s … [Read more...]
Motorists failing basic checks face big bills
Owning a car comes with the responsibility of upkeep, but many drivers don’t know how to properly maintain their car. Uswitch car insurance recently conducted research to investigate what car maintenance checks drivers lack knowledge on the importance of, possibly neglecting essential upkeep. The survey also digs into where drivers seek advice on looking after their vehicle. Main maintenance … [Read more...]
Safety ratings take a back seat with motorists
Fewer than one in five or 18% of motorists check official safety ratings such as Euro-NCAP when buying a new car, new findings show. June’s Startline Used Car Tracker shows that 73% expect all cars to meet high safety standards – although only 36% believe that legislation can be trusted to ensure that cars have effective safety features. Paul Burgess, CEO at Startline Motor Finance, said, “There … [Read more...]
“Unsafe” vehicles being rented out
The number of daily rental vehicles with safety issues being offered to customers appears to be rising, says the Association of Fleet Professionals. The industry body says it is hearing reports from members being provided with hire cars and vans in unacceptable mechanical condition, with the situation appearing to be deteriorating, and it comes as vehicles are being kept on hire fleets for longer … [Read more...]
Covid cars masking missing features
Cars made during the pandemic with irregular specifications are causing valuation issues as they start to appear on the used market, says the Vehicle Remarketing Association. It is causing a headache for dealers and annoying customers who think they are getting models with higher specifications than is the case. Marcus Blakemore, chair of the trade body’s Industry Trends Committee, said that … [Read more...]
Young drivers hit with premiums over £3,000
The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market. This is a substantial £1,071 increase, or 53%, in the typical cost of car insurance for a 17-year-old from last year's £2,004. The average cost of car insurance for a driver with a provisional licence (all ages) is £726. … [Read more...]
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