Search Results for: gap insurance

New data analysis by Intelligent Motoring has revealed a 24% rise in the value of GAP insurance claims from January to September 2022, compared with the same period in 2021. […]

Yorkshire-based GAP insurance provider ALA Insurance has unveiled a specialist Pothole Insurance policy. The policy, which is available across the UK, provides up to £2,000 of cover each year for […]

Motor insurance premiums rose for the second quarter in a row, according to the Defaqto Market Pricing Motor Insurance Price Index. It found premiums increased by 2.1% from April to […]

The UK accident and repair sector is losing about 4,700 skilled workers every year, according to new research from the Institute of the Motor Industry (IMI). Its report, Understanding the […]

The Motor Insurers’ Bureau has revealed that 25% of young drivers do not realise that motor insurance is a legal requirement. It has launched Operation Drive Insured to raise awareness […]

Auto Express has named MotorEasy as its Best Buy GAP Insurance provider in its 2023 product group test. As the only provider to be awarded a class-leading five out of […]

ALA Insurance has called a fair value warning to GAP insurance providers issued by the FCA ‘irresponsible’ as the data does not differentiate between online brokers and dealerships. The FCA […]

The Financial Conduct Authority has told motor insurers they are falling short of new Consumer Duty regulations and warned them to improve services within three months or face penalties. In […]

Owners of older cars that suffer partial damages can now be compensated for the subsequent loss in value. This follows the introduction by Chubb of its Diminution in Value (DIV) […]

Changes to rules governing the sale of GAP insurance introduced on September 1st have already influenced consumer behaviour, says Warranty Direct. The amendments were designed to offer consumers more protection […]

The police face an increasingly wide ‘skills gap’ as complex connected vehicles and telematics devices become commonplace, according to leading motor fraud investigator, Asset Protection Unit (APU). Connected vehicles are […]

Car ownership costs have gone up by £5,000 in a decade, according to new research from GAP insurance provider ALA Insurance. Based on data from the Association of British Insurers, […]