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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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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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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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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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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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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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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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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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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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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…)
