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Insurance

Blog Post

Motor insurers ‘facing challenges from rising costs and supply chain issues’

Motor insurers are facing pressures from rising costs and supply chain challenges, which may also mean some drivers waiting for longer for vehicle repairs.

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By SWVaux Staff, 6 days20/06/2022 ago
Blog Post

Motor insurance price falls to the lowest level since 2015

The amount paid by motorists for insurance fell to its lowest level in more than six years in the first quarter of 2022, according to the Association of British Insurers (ABI).

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By SWVaux Staff, 2 months05/05/2022 ago
Blog Post

Insurance reforms have seen rapid acceleration in price of car premiums

The cost of car insurance is rapidly increasing following the introduction of reforms designed to stop the exploitation of repeat customers.

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By SWVaux Staff, 5 months20/01/2022 ago
Blog Post

Car insurance costs up for older drivers and in some parts of UK, figures show

Typical car insurance premiums started to rise for some age groups and in some parts of Britain towards the end of last year, analysis has found.

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By SWVaux Staff, 6 months12/01/2022 ago
silver and gold coins on white printer paper
Blog Post

Insurance renewals can no longer be more expensive than deals for new customers

From tomorrow, insurers will no longer be able to charge existing customers more to renew than they would charge new customers.

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By SWVaux Staff, 6 months30/12/2021 ago
Blog Post

Cost of car insurance fell by 9.4% in year to August

The average motor insurance premium plunged by 9.4% over the year to August, according to analysis.

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By SWVaux Staff, 8 months18/10/2021 ago
Blog Post

Higher insurance premiums for loyal customers banned by regulator

New rules are to be introduced to stop car and home insurers from imposing so-called loyalty penalties on customers, the financial watchdog has announced.

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By SWVaux Staff, 1 year28/05/2021 ago
Blog Post

Waiting until last day to switch car insurance ‘can ramp up cost of policy’

Motorists could typically save more than £300 by switching their car insurance three weeks before their existing policy is due to end, rather than waiting until the last day, analysis suggests.

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By SWVaux Staff, 2 years03/12/2020 ago
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Car insurance myths could see millions of drivers risk fines

Drivers across the UK could be risking fines, points on their licence or higher premiums by falling for car insurance myths, according to new research.

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By SWVaux Staff, 2 years29/10/2020 ago
Blog Post

Average car insurance premium increases to £809

The average price of car insurance premiums has risen by around £47 per year to £809, according to data from Confused.com.

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By SWVaux Staff, 2 years21/04/2020 ago
Blog Post

More than 500 ‘ghost broker’ scam insurance firms shut down

Direct Line says it has taken action to have 500 “ghost brokers” – unregistered firms claiming to sell insurance – shut down.

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By SWVaux Staff, 2 years04/02/2020 ago
Blog Post

Vaping drivers could be fined and see insurers refuse to pay out over crashes

Drivers who vape at the wheel could land themselves in trouble with the law and risk having insurance claims rejected, according to safety experts and insurance brokers.

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By SWVaux Staff, 2 years23/01/2020 ago
Blog Post

Thefts of premium cars have doubled in 5 years

The number of high-end cars stolen across the UK has more than doubled in the last five years.

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By SWVaux Staff, 3 years ago
Blog Post

Car Insurance Companies Payout every 8 minutes with car crime continues to rise in 2019

Figures released by the Association of British Insurers (ABI) show that the number of motor theft claims paid by insurers in the first quarter of this year were at their highest for any quarter since 2012, with a payment made to a car crime victim every 8 minutes.

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By SWVaux Staff, 3 years29/05/2019 ago
Blog Post

Half of drivers think it should be illegal for insurers to overcharge loyal customers

A study by GoCompare found 61% of motorist feel insurers reserve the best prices for new customers at the expense of loyal policyholders.

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By SWVaux Staff, 3 years26/04/2019 ago
Blog Post

Insurers paid out £1m a day in vehicle theft payouts

A surge in vehicle thefts, including keyless car crime, has led to motor insurers paying out a record £1 million every day according to figures published by the Association of British Insurers.

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By SWVaux Staff, 3 years04/04/2019 ago
Blog Post

New insurance rules could make motorsport illegal

Motorsport could be made illegal across Europe thanks to a new car insurance directive.

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By SWVaux Staff, 4 years08/11/2018 ago
Blog Post

Car insurance regulator launches pricing investigation

The UK’s financial regulator has confirmed that it will investigate the way in which firms charge their customers for home and motor insurance.

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By SWVaux Staff, 4 years05/11/2018 ago
Blog Post

Young drivers motoring costs hit ‘worryingly high’ levels

The cost of motoring for young drivers has risen to more than £2,400 a year, thanks to rising insurance and fuel prices. (more…)

By SWVaux Staff, 4 years ago
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