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NFU Mutual tops car insurance index
- 30/01/2023
- Posted by: Alan Feldberg
- Category: News
NFU Mutual has been named as the best car insurance provider for the fifth consecutive year in the 2022 Honest John Satisfaction Index. The Satisfaction Index is a measure of the quality of experience of real car insurance customers around the United Kingdom, taking into account factors such as value and customer [...] -
Gap insurance claims up a quarter
- 22/11/2022
- Posted by: Alan Feldberg
- Category: News
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. It is now urging retailers, finance companies and motor organisations to reduce the financial exposure of customers, through the addition of [...] -
CRU falling short as claims figures fall
- 28/07/2022
- Posted by: Alan Feldberg
- Category: News
A freedom of information request has revealed falling motor claims figures from the Compensation Recovery Unit (CRU). Only 93,113 motor claims were recorded in the second quarter of 2022, down from the 97,099 recorded in the first quarter – although both figures are well below the three-month average of 160,000 [...] -
Average premiums lowest for seven years
- 09/05/2022
- Posted by: Alan Feldberg
- Category: News
The average price paid for motor insurance in the first quarter of 2022 fell by five per cent to its lowest level in nearly seven years. According to the Association of British Insurers Premium Tracker, the average price paid for comprehensive motor insurance was £416, the lowest average premium since the third [...] -
Copart extends offer with fire fraud service
- 29/09/2021
- Posted by: Alan Feldberg
- Category: News
Copart is offering a Fire Scenes Examination service to insurance customers to help them identify potentially fraudulent claims. Performed onsite at one of Copart’s nationwide operation centres, the service is a more cost-effective alternative to independent reports. Copart has launched this service after its [...] -
EV running costs half that of petrol cars
- 28/07/2021
- Posted by: Alan Feldberg
- Category: News
New research has found that the annual cost of running an electric car is nearly half that of a petrol equivalent. A study carried out by comparethemarket estimated that it is 47% cheaper when considering key factors such as insurance, fuel, and tax. It found that the average cost to run an electric vehicle for [...] -
Premiums plummet during Covid crisis
- 12/07/2021
- Posted by: Alan Feldberg
- Category: News
Car insurance has fallen 8.4% in the last year, with the average policy now £779 a year. According to data released by Consumer Intelligence, those aged between 25 and 49 saw the largest decrease with an average drop of 8.8%. The under 25s saw a fall of 8.4% while the over 50s saw premiums decrease 7.9% in the [...] -
Motor premiums to fall 6%
- 11/06/2021
- Posted by: Alan Feldberg
- Category: News
Premiums for motor insurance is expected to drop by six per cent this year, which equates to £27 per policy. The decrease is attributed to fewer miles driven during Covid-19, resulting in fewer claims, as well as the whiplash reforms which came into effect on 1 June. This is according to EY’s latest Motor [...] -
Covéa announces new insurance partnership
- 17/05/2021
- Posted by: Alan Feldberg
- Category: News
Covéa Insurance has announced a new partnership with By Miles. By Miles became the UK’s first pay-by-mile car insurance policy when it launched in 2018, and saw policy sales increase more than 150% in March this year compared with the same time in 2020, as motorists flocked to the "drive-less-pay-less" [...] -
Direct Line guarantees hire car cover
- 04/09/2015
- Posted by: Simon Wait
- Category: News
Motor insurance provider Direct Line has launched guaranteed car hire cover as a standard feature of its comprehensive car policy. All new and existing Direct Line customers are now entitled to a new standard hatchback sized vehicle from a hire car company in the event of a claim, at no extra cost. The hire car [...]
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