The AA has given a cautious welcome to the Competition & Markets Authority final report on its investigation into digital price comparison tools, including price comparison websites. Comparison sites, which charge a fee to insurers, often have restrictive clauses that limit insurers’ ability to discount premiums on other sales channels. This leads to a focus is on policy price, rather than … [Read more...]
Driving distractions danger highlighted
From the buzzing sound of an incoming text message to social media notifications, 26% of drivers are guilty of checking their phones behind the wheel. To highlight how serious distracted driving is, black box car insurer ingenie has created an interactive digital experience titled One-Four-Nine. It is named after the rule within the Highway Code that outlines the law on using a … [Read more...]
Clocking cars increases under PCP limits
The number of cars on UK roads showing mileage discrepancies is costing motorists over £800 million every year according to hpi, one of the UK’s leading authorities on vehicle checking services. The automotive data experts say the number of cars affected has also risen to one in 16. The figure has worsened from one in 20 cars less than three years ago. Revealing of the figures coincides with … [Read more...]
Newslines 8 September
The Hummingbird Bike engineered by Prodrive is the world’s lightest folding bike and is now on sale from £3,495. The bike has been in development for more than 18 months and is the British motorsport and advanced technology group’s first venture into cycling, weighs just 6.9 kg and has a unique three-step folding mechanism, which allows the bike to be collapsed in just five seconds. As … [Read more...]
Tradelines 26 July
In Germany, owners who refuse to get software updates to their VW Group diesels will not be able to register them again. A tough line is being taken and some models will be deregistered before they are due to be retaxed, making them unsellable. Toyota plans to launch a range of electric cars using a new type of traction battery with longer life and range. The first of the new models will … [Read more...]
Quarter of drivers hid points from insurers
Nearly a quarter (23%) of motorists did not inform their insurer the last time they received penalty points on their licence. Research by RAC Insurance has found as many as 2.8m drivers have points on their licences which means around 654,158 drivers may be putting themselves at risk of their insurance policy being declared invalid should their insurer discover the information they have on … [Read more...]
Clocking comes around again
Fraudsters have returned to “clocking” vehicles odometers to boost part exchange prices and escape mileage penalties under growing leasing schemes, says hpi. The number of cars on UK roads showing mileage discrepancies has risen to one in 16, a jump of 25 per cent according to new figures from hpi. The figure has leapt from one in 20 cars in 2014. The figures emerge as what is believed to … [Read more...]
Parents turn to crime to protect young drivers
Gocompare.com Car insurance has found that more than half (54%) of parents of young drivers have ‘fronted', or would consider ‘fronting', a car insurance policy for their children in order to get them lower car insurance premiums. The practice, whereby a parent, usually a more experienced driver, indicates that they are the main driver of a vehicle which will most often be driven by a young or … [Read more...]
Thefts from cars contributing to insurance rise
Nearly one in five UK car owners has been a victim of theft from their vehicle, research into car break-ins has revealed. With 831,000 incidents of vehicle related crime reported in the UK last year, car leasing company UK Carline researched car crime to find out the most common things UK car owners have had stolen from their vehicle. Car radios proved the most desirable items amongst … [Read more...]
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