Motor claims driven up by rising repair costs – ABI
Insurers paid out £2.9bn in motor claims in the final quarter of last year, according to new figures released by the ABI. That took the annual figure to £11.9bn, with […]
motor claims
High vehicle repair bills driving up motor claims costs
RAC Warranty has said that high vehicle repair bills and an older car parc are driving up motor claims costs. It reported its highest claim last year was £22,954 for […]
Fraudulent motor claims dominate fake claims in 2024
Fraudulent motor claims made up more than half of all fake claims detected in 2024, according to new data from the Association of British Insurers. It detected 98,400 fraudulent claims […]
Motor insurers to pay £200m after shortchanging customers
About 270,000 drivers will receive £200m in compensation after the FCA found motor insurers had underpaid policyholders for stolen or written-off vehicle claims. The backdated payouts for historic claims come […]
Motor claims satisfaction levels improving
Motor claims satisfaction levels have been rising again this year after a major dip following the pandemic. According to the latest research carried out by Consumer Intelligence, motor claims satisfaction […]
South East region dominates UK motor claims
The South East has accounted more than a fifth of UK motor claims in the past five years, according to new research. Analysis carried out by Go.Compare has revealed that […]
Motor claims technology enhanced with AI solution
Vehicle damage assessment and motor claims technology pioneer Laird Assessors has unveiled as series of new AI-powered upgrades. With the latest enhancements, Laird now delivers real-time, API-integrated data directly into […]
Allianz data reveals new ‘crash hour’
New research from leading UK insurer Allianz has revealed that rush hour is no longer the peak time of day for collisions. According to its own data, the afternoon school […]
Ageas identifies moped fraud scam targeting van drivers
A new crash for cash scam targeting van drivers has been identified by leading UK motor insurer Ageas. It has warned of moped riders deliberately positioning their vehicles behind reversing […]
Claims costs outstripping premiums
Motor premiums rose one per cent in the first quarter of 2024, although average motor claims were up by eight per cent to an average of £4,800 during the same […]
Vehicle break-ins spike after clock change
Auto Windscreens has seen broken glass claims in all vehicles rise this month, with most claims the result of ‘break ins’. The company said this spike in October is a […]
EV claims up 370%
New research by MotorEasy has revealed a 370% increase in electric vehicle warranty claims over the past three years. While this is partly down to the number of EVs MotorEasy […]