In the battle of the sexes it still appears that women are beating men when it comes to being offered the most competitive motor insurance premiums, according to the findings of an independent finance expert and leading academic who has discovered that an occupation-based loophole still exists which tends to inadvertently favour women drivers. As…
Archive for the ‘Insurance News’ Category
New car sales fell by 20% in April due to road tax changes and growing fears over diesels
Posted byAs 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…
The average cost of a wedding is now over £16,000
Posted byA new study has found that the average cost of a wedding in 2016 in the UK was £16,842. The study, carried out by Bridebook.co.uk, surveyed 4,000 recently married couples to find the average price – which includes the cost of all the main elements of a wedding: the venue, flowers, dress, catering, rings transport…
Direct Line and Admiral first insurance companies to reveal impact of personal injury payout changes
Posted byThe 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…
The UK is now the second most congested country in the world – see our most congested cities here…
Posted bySatNav 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…
UK drivers are warming to the idea of driverless cars – survey results
Posted byBack 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…
Top professions with the most drink driving convictions revealed
Posted byA 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…
Algarve tops list of cheapest holiday destinations for UK tourists for second year running
Posted byThe Algarve has come out on top of a list of the cheapest holiday destinations for UK tourists in 2017 – which looks like being the year of the “currency conscious holiday”. The Portuguese region was named the cheapest destination on the Post Office Travel Money’s annual Holiday Money Report, which looks at the average…
27% of motorists guess their annual mileage when getting a car insurance quote
Posted byA 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…
New report suggests driverless cars could increase congestion on UK roads
Posted byA new report by the Department for Transport has predicted that the arrival of driverless cars could lead to an increase in the levels of congestion on UK roads. Driverless cars are expected to usher in a new era of safe and flowing traffic, but the study suggests that for several years they could actually…