There’s good news for drivers in Wales - the average cost of car insurance has fallen by £68 about 10% year-on-year, according to Confused.com . That's due to the typical driver cutting miles by around 2,000 due to the lockdowns, reduced working and insurers recognising fewer claims coming in so costs have been slashed. Drivers in the region can now expect to pay an average of £644 for … [Read more...]
Insurance warning over lapsed MoTs
The coronavirus lockdown earlier this year resulted in millions of cars receiving a six-month extension to their MOT certificate but that leeway has ended. With the current MOT failure rate at 32%, millions of vehicles that don’t meet levels of roadworthiness could be on the streets. GoCompare Car Insurance is warning that this year, more than ever, it’s essential that drivers ensure that their … [Read more...]
Tradelines 31 October
An additional £7.5m to help Welsh businesses including the automotive sector build resilience in order to cope with the challenges of Brexit was announced by Economy Secretary, Ken Skates. The £7.5m, which is part of the Welsh Government’s £50m EU Transition Fund, will be used over the next three years to help companies develop the new expertise and processes they will need in order to thrive, … [Read more...]
Doctors are prescription for problems
A study by GoCompare Car Insurance has found GPs are the most likely to make a claim due to an accident that was their fault. Analysis shows more than one in every eight (12.4%) GPs has made at least one ‘at-fault’ claim in the past year – more thandouble the national average across all occupations (6%). Interestingly, 11.6% of these claims involved no injuries, with GPs not actually making the … [Read more...]
If you think you’re insured, check again
Tens of thousands of cars will come up for insurance renewal each month but you may be unwittingly breaking the law when you do so. Some insurance policies automatically renew but even then any change in personal circumstances not declared to the provider mean you will possibly have no cover in the event of a claim. Look at our handy guide to check if any of these apply to you and consider … [Read more...]
Drivers must act over insurance hikes
As the ABI reports an 8% increase in car insurance premiums in the last 12 months, GoCompare said drivers must look for the best deals. Matt Oliver spokesperson for GoCompare Car Insurance, "Motorists are being hit with rising costs from all sides at the moment and those who have renewed their policy in the last few months are very likely to have seen an increase in their premiums. “We're in … [Read more...]
Split insurance costs in Wales
Drivers in Central and North Wales have had a lucky escape from car insurance price hikes this quarter (Q1 2017), while motorists in South Wales have been hit with increased costs over the last three months. According to the latest Confused.com car insurance price index, powered by Willis Towers Watson, drivers in Central and North Wales have seen their average premiums reduced by -£13 (-2%) … [Read more...]
Car premiums hit four-year high in Wales
Quotes for car insurance jumped higher in Wales than many other parts of Britain last year. Nationally there was a rise of 5.8% over the last quarter of 2016 according to the AA’s latest benchmark British Insurance Premium Index but in Wales drivers shelled out 6.9% more. The average Shoparound quoted premium for a typical policy increased by nearly £35 to £633.06 over the three months … [Read more...]
Newslines 29 October
Uber drivers in Wales and the rest of the UK are entitled to basic workers’ rights, ruled a London Employment Tribunal. It means about 30,000 drivers who use their own vehicles but subscribe to the Uber technology and system are entitled to the protected minimum wage, holiday pay and rest breaks and it has implications for the company regarding National Insurance and pensions as well after the … [Read more...]