The cost of car insurance has risen by 18% year on year, according to new Premium Drivers research from Compare the Market but older drivers are being priced off the roads. The typical premium stood at £850 in May 2024 after rising by £132 over the previous 12 months. The increase in the cost of car insurance in the past year may in part be due to a rise in the cost of claims for insurers. … [Read more...]
Essential to build NCDs, says broker
Car insurance premiums decrease by £745, a drop of almost a third (32%), after one year of no claims discount, according to Compare the Market. When drivers come to renew their policy, those who have not made a claim on their car insurance can typically receive a no claims discount, or no claims bonus, from a number of insurance providers, with the discount rising the longer that you drive … [Read more...]
The dark side of headlight glare brings call for safety study
The RAC is calling on the Government to commission an independent study into the issue of headlight glare after new research found 85% of those affected believe the problem is getting worse. An RAC survey of 2,000 drivers found a huge nine-in-10 (89%) think at least some headlights on cars on the road today are too bright, of which three-in-10 (28%) – a higher proportion than ever – think most … [Read more...]
Welsh drivers paying extra 43% in premiums
Motorists over 50 are facing substantial increases in the cost of car insurance, according to new Premium Drivers research from Compare the Market. The typical premium for a driver aged between 45 and 54 is £551 in September 2023 – a £195 (55%) increase for the same month in 2022. The typical premiums for drivers aged between 55-79 have also risen by 54% year-on-year. For drivers aged over 80, … [Read more...]
EV values slide as fleets reshape businesses
Used electric cars and vans are expected to fall further in value in coming months, according one industry expert. The slippage might also see petrol and diesel models cut back by manufacturers to meet tightening ev sales targets by Government. Interference in the ICE market will have the effect of driving up values of existing models as a consequence. Used electric vehicle values could fall by … [Read more...]
Older drivers risking big fines
About 1.5 million older drivers are breaking the law and risking massive fines. A study by Scrap Car Comparison has revealed that over 1 in 4 UK motorists aged 70 years or older – the equivalent to 1.5 million drivers - are leaving it four years or longer to renew their driving license after turning 70, which is illegal according to government law. The DVLA states that you must be renew your … [Read more...]
Older drivers reluctant to switch insurers
Go.Compare car insurance has discovered that around more than 2.1million drivers, have not switched car insurance in the past decade or more. The findings, which asked drivers how often they have switched insurers, also discovered that the older generation are less likely to switch, with 12% of those aged 65 or more admitting that they have been with the same car insurer for more than 10 … [Read more...]
What is autonomous or not
Thatcham Research has revealed further insights from its Trust in Automation study - which polled 2,000 motorists in the US and 2,000 in the UK – and found a significant disconnect between attitudes and behaviours on either side of the Atlantic. American drivers are more likely to a see a benefit to self-driving or autonomous technology than British drivers: 81% versus 73% respectively. However, … [Read more...]
Newslines 26 May
The Volkswagen Group will pay out £193 million to more than 90,000 UK motorists after reaching an out-of-court settlement in a seven-year litigation process relating to Dieselgate. With each claimant receiving about £2,000 it marks the end of a campaign which has cost the manufacturer about £26 Billion since it fitted suspect devices to diesel models which circumvented official emissions tests … [Read more...]
Better lights not always safer lights, say drivers
Nine-in-10 drivers (89%) think some or most car headlights on the UK’s roads are too bright, with an overwhelming majority of these (88%) saying they get dazzled by them while driving, a new RAC study of 2,700 drivers’ views has found. The problem of glare from headlights appears to be getting worse with 63% of drivers who get dazzled saying it’s happening more often than a year or two ago, with … [Read more...]