Posts Tagged ‘Car Insurance News’

High number of car insurance policies fail to offer cover for road rage

road-rage

A recent report has found that 94% of all car insurance policies in the UK don’t offer cover for road rage incidents. This news comes despite the conclusions of a separate study into the views of motorists which found that many drivers look for road rage cover on their policies, with older driver over 55 [...]

Car insurance scammers on the rise

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Car insurance scammers who stage accidents in order to claim money off the innocent party’s policy are on the rise, according to recent statistics. It’s been estimated that these “cash for crash” fraudsters cost the insurance industry £350 million last year, adding an extra £44 to the cost of each UK motorist’s car insurance policy. [...]

Budget car insurance offered by Hastings

hastings-Direct-Logo

Hastings insurance group are set to offer a budget car insurance policy in a bid to win custom from drivers who are struggling to keep up with the cost of motoring. With rising fuel and insurance prices, the cost of driving in the UK has never been a bigger issue. Now Hastings is planning to [...]

More fraudulent insurance claims being detected than ever

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According to the Association of British Insurers (ABI) fraudulent claims in the UK hit an all time high last year with 122,000 bogus claims being detected worth an estimated £840 million. The figures reveal a 14% increase in the number of rogue insurance claims being made when compared to the previous year. However the ABI [...]

Festival-goers advised to check their car insurance policy before setting off

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Those heading off to festivals over the summer months are being advised to check their car insurance policies before setting off. Post Office Car Insurance are recommending that festival-goers double check their car insurance cover so as to ensure they are covered for damage and theft while away at their chosen event. With many people [...]

Top UK car insurer to move into home insurance

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Top UK car insurer Admiral has announced its plans to move into providing home insurance cover from next year. Admiral is currently responsible for insuring 6% of the cars on UK roads and also owns the price comparison website confused.com and elephant.co.uk. The insurance company now hopes to expand its product base by moving into [...]

Motor insurance premiums have risen 14% in second quarter of this year

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Motor insurance premiums rose by 14% in the second quarter of this year according to research from confused.com In the three months to June the average cost of comprehensive car insurance has increased by 14.2% bringing the average price of comprehensive cover to £599 which is an extra £74 increase. It’s been suggested that insurers [...]

M&S Insurance wins top customer award

m&s-money

M&S Money is celebrating after winning two top prizes for its insurance policies. More than 10,000 people were questioned as part of the Moneywise Customer Service Award which found that M&S was voted as the Most Trusted Insurance Provider, and named the Best Travel Insurance Provider as well. One of the factors which may have [...]

Experts predict a hike in insurance rates ahead of budget announcement

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Experts are predicting a rise in insurance rates ahead of tomorrow’s (Tuesday’s) budget announcement from the Chancellor, George Osborne. Insurers are bracing themselves for the worst as many fear the rate of tax which applies to personal insurance policies could be about to double from its current rate of 5% to raise an extra £2 [...]

Pensioners pay a higher price for car and travel insurance

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Consumer group Which? Has conducted research into the cost of travel and car insurance for pensioners and has found that the price of cover soars once the individual moves into a higher age bracket, and in some cases, it’s hard to find a policy to cover them at all. Which? Carried out research of hundreds [...]