Posts Tagged 'premiums'

Millions of Drivers Have Paid a Total of £1.9bn for Loyalty Tax

August 11, 2020 | Posted under: Car Insurance: The Latest News, Tips and Advice.

Millions of Drivers Have Paid a Total of £1.9bn for ‘Loyalty Tax’ Despite car insurance premiums decreasing for thousands of motorists in the UK due to the Coronavirus pandemic, GoCompare has revealed that millions of drivers have had to fork out more money for their car insurance after making the simple mistake of not switching providers before their renewal date.  Generally, most insurance companies will reward new customers with cheaper…

Read more »

Is George Osborne planning on raising Insurance Premium Tax again in this week's budget?

March 14, 2016 | Posted under: Insurance News

Is George Osborne planning on raising Insurance Premium Tax again in this week’s budget? Want a great deal on car insurance? Get a FREE quote now. With millions of motorists and homeowners still coming to financial terms with having to bear the brunt of George Osborne’s Insurance Premium Tax rate rise in last November’s budget, things could be set to get even worse with rumours mounting that the Treasury might deal UK policyholders another monetary blow in this week’s…

Read more »

Driverless cars in UK - how will insurance be affected?

July 30, 2014 | Posted under: Insurance News

Driverless cars to hit UK roads within six months – what will this mean for car insurance in the future?Want a great deal on car insurance? Get a FREE quote now. Today the government unveiled plans to actively encourage the development of driverless cars on UK roads by announcing a multi-million pound research fund as well as a review of current road safety laws. The news was announced by the Business Secretary Vince Cable, who said £10 million is to be made available to researchers…

Read more »