Archive for the 'Insurance News' category

New car sales fell by 20% in April due to road tax changes and growing fears over diesels

May 5, 2017 | Posted under: Insurance News

New car sales fell by 20% in April due to road tax changes and growing fears over diesels As consumers rushed to buy new cars in March before the VED tax changes came into force, and the growing concerns about diesel fuels led to the number of new cars being sold in the UK April 2017 to plummet by 20% compared with April 2016. New industry figures have shown that the number of new car registrations last month suffered a ‘significant decline’ compared with April last year, as the…

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Direct Line and Admiral first insurance companies to reveal impact of personal injury payout changes

March 8, 2017 | Posted under: Insurance News

Direct Line and Admiral first insurance companies to reveal impact of personal injury payout changesThe Government's move to change the way personal injury compensation payouts are calculated has begun to have an effect on the profits of insurance companies, with both Direct Line and Admiral citing the changes as the reason for a slump in year-on-year profits in recent days. Direct Line reported a 30% drop in profits to £353m for the year up to 31 December 2016, with the recent reduction…

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The UK is now the second most congested country in the world - see our most congested cities here...

February 21, 2017 | Posted under: Insurance News

The UK is now the second most congested country in the world – see our most congested cities here… SatNav company Tom Tom have published the findings of their annual Traffic Index study, which has some shocking figures concerning UK roads. This year’s Traffic Index has revealed that the UK is now the second most congested country in the world behind China, and UK motorists spend an average of five more days per year stuck in traffic than they did last year. Tom Tom’s annual…

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UK drivers are warming to the idea of driverless cars - survey results

February 8, 2017 | Posted under: Insurance News

UK drivers are warming to the idea of driverless cars – survey resultsBack in 2015 we ran a survey to find out how UK drivers really felt about driverless cars. The results of that survey suggested that self-driving car manufacturers had a lot of work ahead of them to convince UK motorists of the benefits. The survey revealed that just a quarter (26%) of respondent’s were ‘Excited’ about driverless cars, and just a few more (28%) would prefer a self-driving…

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Top professions with the most drink driving convictions revealed

February 2, 2017 | Posted under: Insurance News

Top professions with the most drink driving convictions revealed A new study by MoneySuperMarket has revealed the top 10 professions which are most likely to receive a conviction for drink driving. After reviewing almost 10 million car insurance quotes that went through the site in 2016, MoneySupermarket found that those who work in the construction industry are most likely to have drink driving conviction – with various construction/building trade-related jobs filling 7 of the top 10 positions. The…

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27% of motorists guess their annual mileage when getting a car insurance quote

January 28, 2017 | Posted under: Insurance News

27% of motorists guess their annual mileage when getting a car insurance quote A new study has revealed that over a quarter of UK motorists could be paying slightly more for their car insurance premium than they should be – purely because they don’t take the time to input an accurate annual mileage figure when getting a quote. The study by uSwitch found that 27% of UK drivers admit to just guessing their mileage figures, rather than trying to work it our or digging out their last MOT…

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New survey shows one-in-six UK drivers DON'T adapt their driving in winter conditions

January 19, 2017 | Posted under: Insurance News

New survey shows one-in-six UK drivers DON’T adapt their driving in winter conditions After a pretty mild start to winter, the cold conditions have certainly started to take effect – with icy cars greeting many of us in the mornings at the minute. When the cold weather starts to set in many of us respond by changing our driving habits, but according to new research from uSwitch as many as 7 million UK drivers take no action whatsoever in terms of adapting their driving behaviour in winter. They…

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Car insurance prices have risen by £82 in the last 12 months - AA

November 7, 2016 | Posted under: Insurance News

Car insurance prices have risen by £82 in the last 12 months – AA Looking for a great deal on car insurance? Get a FREE quote now. New research by the AA has found that the cost car insurance premiums have risen by over 16% in the last 12 months – which represents a price increase of £82. The AA’s British Insurance Premium Index (BIPI) keeps track of insurance prices on a quarterly basis, measuring the cheapest quotes available to customers via insurance…

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Britain is the third biggest buyer of electric cars in Europe

November 3, 2016 | Posted under: Insurance News

Britain is the third biggest buyer of electric cars in EuropeThe growing popularity of electric cars in Europe shows no signs of slowing down, with the continent edging closer to reaching half-a-million electric and hybrid vehicles on the road. The 500,000 figure is expected to be achieved by the end of 2016 according to a recent report, with Britain being the third biggest buyers of electric cars in Europe. Although electric vehicles remain something of a niche market, they are expected to increase…

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Petrol and diesel prices soar to their highest levels in years amid calls on the Government to cut duty

November 3, 2016 | Posted under: Insurance News

Petrol and diesel prices soar to their highest levels in years amid calls on the Government to cut duty Last month it was revealed that fuel prices could rise by as much as 5p per litre due to the fall in the pound and rising cost of oil, and today new figures have confirmed the price of petrol and diesel rose in October to their highest level in years. The figures from the RAC show that the average price of a litre of petrol rose by 4.37p last month to 116.73p – the biggest…

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