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Recovery rates of stolen cars plummet to 5%
- 22/04/2024
- Posted by: Alan Feldberg
- Category: News
New figures have revealed that just 65 of the 1,169 cars stolen in Kent last year were recovered. This represents just 5.6% of vehicle thefts compared to the average of 50% that are from recovered from neighbouring areas. These figures have been revealed by specialist motor insurance loss adjuster Claims [...] -
Police seize over 200,000 vehicles
- 19/04/2024
- Posted by: Alan Feldberg
- Category: News
More than a quarter of a million vehicles were taken off UK roads last year. According to a new Freedom of Information request by National Scrap Car, 214,051 cars were seized by police forces during 2023 based on information from 23 of 45 police forces. The cars were seized for a number of reasons including no [...] -
NBRA calls for fair insurance valuations
- 28/03/2024
- Posted by: Bob Malkowski
- Categories: Featured, News
The National Body Repair Association (NBRA) today published its support of findings from the Financial Conduct Authority (FCA) regarding insurance valuations. Specifically, the FCA has uncovered a trend observed in the valuation of total loss vehicles, by certain motor insurance firms. Martyn Rowley, executive [...] -
Caura announces MoneySuperMarket partnership
- 30/01/2024
- Posted by: Alan Feldberg
- Category: News
Caura has announced it has integrated MoneySuperMarket's motor insurance comparison tool to help customers cut costs. Caura, a free-to-download app which has seen a 100% growth year-on-year since its launch, allows drivers to pay for city charges and tolls, book a service or maintenance through a garage of their [...] -
Garage parking raises premiums
- 20/12/2023
- Posted by: Alan Feldberg
- Category: News
New research has found that using your garage as the main parking space at home can add £54 to car insurance policies. The research, conducted by Go.Compare, reviewed the cost of policies bought through its site between May and July of this year. It found that the average cost for those who park their cars in a [...] -
Young driver numbers fall by nearly 10%
- 05/12/2023
- Posted by: Alan Feldberg
- Categories: Featured, News
New data has revealed that 360,000 fewer 17- to 26-year-olds hold a full driving licence in 2023 compared with five years ago. This represents a drop of 9.2%. According to data from the Driver and Vehicle Licensing Agency (DVLA), analysed by CarGurus, there were 3.54 million young drivers with a full driving [...] -
Car premiums makes up 20% of young driver salaries
- 22/11/2023
- Posted by: Alan Feldberg
- Category: News
New data has found that young drivers are spending more than 20% of their annual income on car insurance. According to figures from the House of Commons Library, the average UK salary in 2022 was £33,280 while the average car insurance premiums were £924. That means on average car insurance premiums account for [...] -
MotorEasy bridges the GAP for drivers
- 25/10/2023
- Posted by: Alan Feldberg
- Category: News
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 five-star rating, it was particularly cited for its price advantage and quality of cover. The annual GAP Insurance Best Buy group test is designed [...] -
NBRA: premium hikes were inevitable
- 15/08/2023
- Posted by: Alan Feldberg
- Category: News
The National Body Repair Association (NBRA) has said the 21% annual rise in motor insurance premiums is not surprising. Board member Wayne Mason-Drust said: “For almost a decade, the cost of repairing a car following an accident has increased far below inflation. Car insurers have tightly controlled repair costs [...] -
Car insurance costs getting harder to manage
- 21/06/2023
- Posted by: Alan Feldberg
- Category: News
A new report has highlighted how drivers are struggling to afford motor insurance in the face of the cost-of-living crisis. According to Forbes Advisor, four in five (83%) British adults have taken out car insurance in the last 12 months, with more than half (55%) saying it is excessively expensive. This sentiment [...]