Latest News
The Number of Uninsured Drivers Falls by 50% in 3 Years
The latest figures from Motor Insurers’ Bureau (MIB) suggest that the number of uninsured drivers has fallen in the past 3 years. This is especially obvious in the group of young drivers (aged 17-20 years) as the number of claims submitted to MIB has fallen by half, from 250,000 to 125,000.Commenting on the findings, chief executive of MIB,... Read more
LV= Insurance Removes Upper Age Limit for Drivers
At the end of March, UK insurance company Liverpool Victoria (LV=) announced it has removed the upper age limit on its car insurance. Earlier, drivers aged 86 and above were unable to get cover from the company regardless of whether they have been insured with it before or not. Commenting on the company's... Read more
UK Drivers Put Off Car Repairs – Britannia Rescue
The latest survey performed by Britannia Rescue suggests that British drivers oftentimes cannot afford the repairs and that's why they put off essential maintenance, risking safety.Even though in most cases the problem is bald tyres, there are also other serious defects such as "faulty brakes, broken windscreen wipers, broken or missing wing... Read more
Car Insurance Premiums Fall 2.7% - Tiger
The latest report by Tiger insurer website suggests that auto insurance prices have finally started to decrease.In January 2012, the premiums have fallen by 2.5% compared to December 2011. This month, the prices fell further by 0.1%. Overall, prices are now 2.7% lower than at the same time last year.Commenting on the findings, Andrew Goulborn of... Read more
Telematic Technology’s Good for Young UK Drivers
According to the latest report by the Co-operative Insurance, British young drivers are encouraged to driver safer thanks to telematics technology used by insurance providers.This technology, introduced earlier this year, measures the drivers' behaviour on the roads, such as speed, and then scores it on a scale of 5 (poor to excellent). Insuring... Read more
Use Garage Wisely and Save on Car Insurance – Aviva
Brits who use the garage for storing cars, not stuff, pay less in automobile insurance premiums.UK insurance company, Aviva, recently published a report which suggests that Brits keep "stuff" in the garages, not vehicles.The total cost of the items stored in garages is almost 3,500 pounds, whereas vehicles worth 13,000 and more are left on the... Read more
UK Car Insurance Premiums Decrease, Finally
Car cover premiums in UK fall by 2.3% in September, suggests a report by a comparison website, Tiger.One of UK car insurance websites recently published a report that reveals that the price of car cover fell in September.As such, estimates by Tiger Watch, price monitor, suggest that prices decreased by 2.3% this month compared to August 2011. On a... Read more
Brits Choose Not to Buy Car Insurance
Over 30% of UK car owners drive uninsured, reveals a report by Motor Insurers' Bureau.The latest report by Motor Insurers' Bureau suggests that almost one third of motorists in the UK drive without car insurance. Even though the organisation has records of all insured vehicles in the country, its report is primarily focused on drivers from... Read more
UK Car Insurance Sector to be Investigated by the OFT
UK Office of Fair Trading launched the investigation of the rising costs of car insurance.It has been revealed lately that the Office of Fair Trading (OFT) has taken the first step in the fight against the rising costs of UK car insurance.The "call for evidence" from the OFT suggests that the organisation will investigate the reasons behind... Read more
UK Drunk Drivers Are Still on the Roads
LV= Insurance found out that 3% of drivers convicted of drink driving are still on the UK roads. Many of those who have not been banned are going to offend again.Research performed by UK insurance company LV= found out that 3% of drivers who drink and drive are still on the UK roads.As such, last year there were 55,539 drink driving convictions,... Read more