New drivers are the latest to face the brunt of the cost of living crisis. Research from CarMats.co.uk reveals £11,375 is the average price tag for those learning to drive and purchase a car in 2023. New drivers are expected to pay over £11,000 before even getting on the road. According to the RAC, it will take the average learner 45 hours of driving lessons to pass their driving … [Read more...]
Is your job working against you?
GoCompare has pulled together a list of occupations that have the cheapest and most expensive average premiums. Using the average best price available for each job occupation, the comparison service has revealed who is paying the most - and the least for their insurance. The ten professions paying the most for car insurance are: Occupation Average premium Fast food delivery … [Read more...]
Newslines 3 March
Isuzu UK has added JT Hughes Group to the dealer network in Newtown, Shrewsbury and Telford. The Shropshire and Mid-Wales based car retailer opened the new Isuzu franchise at the beginning of this month and hopes to grow its existing client base with the new range of Award-Winning pick-ups. The average price of petrol yesterday topped 152p a litre for the first time ever and diesel also reached … [Read more...]
Premiums dip before expected rise this month
Insurance premiums hit a seven year low at the end of 2021. The average annual car insurance premium declined by £80 year-on-year in Q4 (September – November), according to the latest Premium Drivers research from comparethemarket.com. The average premium is now £640, compared to an average of £721 for the same three-month period in 2020. The decline in the insurance prices also means this is … [Read more...]
Premiums dip to new low but expect rises
The average annual car insurance premium has dipped slightly to £602 in March 2021. This marginal decline from the previous month suggests the end of the big price falls and the average premium is still £110 cheaper than the same month last year. Dan Hutson, head of motor insurance, comparethemarket.com said,“The rapid fall in car insurance premiums, seen during the winter, appears to have come … [Read more...]
Newslines 16 February
Conservative Senedd members have criticised the nationalized Transport for Wales planned 2.6% rail ticket price rise. The increase from 1 March is in line with plans for English railways but has not been discussed in the Senedd and a statement from the Welsh Conservatives said it was hypocritical of TfW and shocking for passengers. British drivers are paying the lowest premiums for six years, … [Read more...]
EVs premiums cause for concerns
In a poll of 1,000 drivers almost one in 10 said they think electric car premiums would be more expensive, with one in eight of those aged 17-24 admitting this would potentially stop them buying. While it’s previously been difficult for young drivers to secure low-cost car insurance, as electric cars sales are rising, premiums are starting to fall. Insurance expert Ben Smithson said, “In order … [Read more...]
Ten steps to saving on premiums
Here are some eye-opening ways to scrutinize and save on your car insurance. Moneyshake car leasing has looked at 140 quotes and come up with some tips to tip the premiums in your favour, with a few surprising facts. Moneyshake’s Top Findings: Third-party, fire and theft is 60% more expensive than comprehensive cover Decreasing voluntary excess can actually make your premium 25% … [Read more...]
Premiums rising again and young drivers’ risk
Motor premiums are rising again after months of decline in the wake of coronavirus travel limits. Dan Hutson, head of motor insurance, comparethemarket.com, said, “Car insurance premiums are on the rise and have increased by £16 to £714 in September, from August. “This follows four consecutive months of declining costs leading to premiums reaching the lowest level in four years during August. … [Read more...]
Newslines 5 October
Thousands of drivers are making big savings by working from home and not paying to use toll bridges, tunnels or motorway sections, says Leasing Options. It has looked at toll costs and found the Dartford Crossing the dearest to use over a year, taking over £3,500 off drivers and even the Clifton Suspension Bridge, Bristol costs £524 annually. Changing your job title, getting married and … [Read more...]