Almost half of motorists at risk of frost jacking attack

car-thief

Almost half of all UK motorists are putting themselves at serious risk of frost jacking attacks as a recent survey found that 47% of drivers regularly leave their car unattended with the keys in the ignition while they wait for their vehicle to warm up during cold weather.

The research was conducted by insurance provider Swiftcover.com and found that 47% of motorists in the UK regularly leave their engine to warm up and windscreen to clear while they wait inside their house to keep warm.

However the insurance company is warning that this practice is extremely dangerous as it estimates that thefts totally £12.7 million occur every year as a result of drivers leaving their cars unattended during icy weather conditions.

What many motorists don’t realise either is, if their car is stolen as a result of their keys being left inside the vehicle, it’s highly unlikely their insurance policy will cover them. This means that a high number of British motorists are leaving themselves open to car theft, and also the possibility of invalidating their car insurance policy as a result of this practice.

Consumer watchdogs and insurance providers are warning motorists to be vigilant in the face of frost jackers and to not leave themselves open to such an attack with lacks security. One of the bosses at Swiftcover believes a “it won’t happen to me” mentality is to blame for the 47% of people leaving cars unattended during the cold, but warned that the threat is very real and can happen to anyone, in any part of the UK.

Online car insurer to run background checks on customers to stamp out fraud

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Online car insurance provider, Swiftcover, have announced plans to run background checks on all future customers as part of their drive to reduce fraudulent claims.

A survey conducted by the insurance provider found that 10% of all future customers would lie about their claims history in order to get cheaper insurance. 60% of these drivers said they wouldn’t attempt to take out a policy with Swiftcover if an investigation into their claims history was carried out, and would instead turn to another insurer to avoid being found out.

Swiftcover are not about to take this matter lying down and have decided to start running checks on the claims previously made by those applying for cover in order to weed out the repeat offenders who take advantage of the system.

Individuals who abuse the car insurance system by making fraudulent claims push up the cost of premiums for all other policyholders. Swiftcover hope that with the introduction of their new checks, they will minimise the number of fraudulent claims being made, which will in turn, help to reduce the cost of insurance premiums for their honest policyholders.

Swiftcover say they are committed to only working with safe and law-abiding drivers and the new initiative will enable them to eliminate potential fraudsters from taking out policies with them.

UK motor insurance customers ‘don’t know traffic light sequence’

traffic lights

More than half of all motor insurance customers in the UK do not know the traffic light sequence, new research has revealed.

Autoquake, the UK’s largest online car retailer which boasts being ten per cent cheaper than car supermarkets, asked 1,000 car insurance policyholders to name the signal after amber.

Just under half (48 %) said red, while 39% thought the amber light would turn green next.

Almost one in ten motor insurance holders thought a green and amber signal would follow in the sequence, while six per cent thought red with amber would appear.

“We’re surprised that so few drivers remember the traffic light sequence correctly,” said Dermot Halpin, chief executive officer at Autoquake.

“Drivers should remember that an amber light means stop unless it is unsafe to do so. As pedestrians we’re worried that so many drivers expect to see a green and amber signal since this doesn’t exist!”

In central London there are 2.4 personal injury accidents per year at traffic lights, according to GLA Economics.

Due to so few drivers knowing the signal sequence, “perhaps this is one of the reasons”, he said.

News source credits: swiftcover.com

Motor insurance customers running risks with car maintenance

car maintenance

Millions of motor insurance customers in the UK are running risks with their car maintenance in a bid to save money on motoring costs, it has been claimed.

Car manufacturer Ford found that one in five UK motor insurance policyholders have no breakdown cover.

Due to rising road tax and fuel costs, roadside assistance cover is neglected by younger car insurance holders, with 28 per cent of 25 to 34-year-olds forgoing any cover.

All of this is surprising considering recent independent research from consumer group Which? revealed that one in six motor insurance customers experience at least one breakdown a year.

“It’s a story we hear often but while trying to avoid the cost, many of these drivers could regret skipping basic maintenance and roadside cover” said Mike Weatherston, group service marketing manager at Hendy Ford.

Recently, Motor Codes offered drivers a checklist to follow to ensure they were not ripped off by car servicing or repair garages.

Car insurance holders should be advised of the cost of repairs before they are undertaken, technicians should talk to them about the work they have carried out in layman’s terms and the garage should collect customer feedback to improve, according to the self-regulatory body.

Volcanic ash cloud has changed consumers approach to travel insurance

Volcanic Ash Cloud Iceland

The disruption to air travel caused by the volcanic ash cloud has changed consumers’ approach to travel insurance, new research has suggested.

According to a study conducted by TNS RI Travel and Tourism on behalf of Travel Weekly, one in five holidaymakers would now be more likely to ensure they had the correct travel insurance policy in place so they would be covered should any problems arise.

In addition, 80 per cent of the organisation’s members said that the authorities were correct in closing UK airspace on the grounds of health and safety.

However, a quarter of those questioned stated that the decision to resume flights could have been made quicker.

Tom Costley, head research partner at TNS RI Travel and Tourism, said: “As a one-off event, it was unlikely to have a significant impact on travel patterns for the rest of 2010, with the possible exception of an increase in travel insurance.”

News source: swiftcover.com

Related news story: Aviva launches volcanic ash insurance

Car insurance premiums are cheaper for Audi drivers

Audi Badge

Car insurance premiums are cheaper for drivers of cars from the Audi range than those of any other German premium-sector car maker, according to Swiftcover.com

Motor insurance costs are lower for Audi drivers because of the award-winning security measures and competitive repair costs of the models.

According to data from the Association of British Insurers (ABI), which represents the collective interests of the insurance industry in the UK, Audi drivers pay less for their car insurance than the owners of other equivalent premium-sector models.

The ABI data was used to calculate the average motor insurance group ratings for Audi models and their rival premium counterparts.

Cars are rated using a system which allocates penalty points to each vehicle based upon a number of different factors.

These include the purchase price of the car, the cost of its key parts, ease and cost of repairs as well as the results of an independent crash test.

Vehicles with the most penalty points end up in higher car insurance groups.

Almost every range of Audi’s cars posted low average ratings, meaning they cost less to insure.

News source: swiftcover.com