Car Insurance | Finance

MB&G redundancy protection warranty

Redundancy cover that protects car buyers’ finance payments for up to 12 months is now being offered by MB&G, the UK’s largest independent warranty provider.

Drivers urged to say “no” to record premium increases

Lee Griffin, Business Development Director for insurance comparison website Gocompare.com, comments on the AA's premium index which shows the average car insurance premium in the UK has risen by more than £100 in the last 12 months: "Anyone who gets a car insurance renewal notice showing that their premium has gone up by £100 in the last 12 months has really only one course of action; say "no"! We would urge all drivers not to accept these kinds of increases and shoparound for an insurer who will give them the same cover but at a cheaper price. Not all insurers are hiking their prices at the moment and some are specifically targeting certain types of risk, so by using a comparison site to shop around you will be able to see the full range of prices available for you.

Quicker compensation for motor accidents

Around 400,000 people injured in road accidents could benefit from much speedier compensation under a more streamlined compensation system, announced by the Ministry of Justice. The new arrangements follow an ABI campaign for a simpler, quicker and more cost-effective system.

Confused.com supports Stay Insured initiative

Will Thomas, head of Motor at Confused.com says "Without taking into account the damage to vehicles, uninsured drivers kill three people and injure 460 every week, and a quarter of these accidents involve young drivers. The insurance industry had to pay out £400 million for the innocent victims last year, which translated into £30 on every honest driver's insurance policy. With an estimated 243,000 uninsured people still at large on the road Confused.com supports the MIB in their bid to get more people insured to stop the toll, financial and otherwise, from rising. Young motorists must be more aware of the penalty for being caught out - up to eight points, enough to cost drivers in their first year their licence, a fine of up to £5000 and higher insurance premiums, not to mention the cost of any damage in the event of an accident.

Stay Insured warns Motor Insurers' Bureau

New research from Sainsbury's Loans reveals that there are currently just four lenders, of which it is one, offering an APR of less than 8% on unsecured loans on loan amounts between £5,000 and £15,000.

Cover roulette doesn’t pay when it comes to car insurance

Will Thomas, Head of Motor says "Confused.com is in full support of the new legislation that means that cars can no longer be kept without insurance on or off the road and motorists breaking the rules risk a fine of up to £1000.

Tough new powers to tackle uninsured drivers

Plans to crack down on the menace of uninsured drivers were confirmed by Road Safety Minister Paul Clark today.

Uninsured drivers cost Brits £500 million a year

Direct Line is calling for a policy rethink after proposed new fine levels for uninsured drivers could be as little as £50.

AA welcomes proposed uninsured driver legislation

AA Insurance has welcomed the Government's plans for continuous enforcement of motor insurance.

Tesco and Fortis finalise insurance partnership

Tesco Personal Finance Plc (TPF) and Fortis (UK) Ltd (Fortis) have concluded their previously announced discussions to form a new partnership providing motor and household insurance.

One in five driving without insurance

As many as 250,000 young people between the ages of 17 and 20 are estimated to be driving without insurance, according to figures released today by the Motor Insurers' Bureau (MIB). This group is four times over-represented in claims to the MIB and highlights the significant proportion of young people with a driving licence (about 1.25 million) causing accidents without any insurance cover. Many young people incorrectly believe that insurance is based on the value of a car, as opposed to the risk profile of the person driving.

Toyota, Aioi and Fortis to enter into motor insurance agreement

Fortis (Insurance, UK) have announced that it had entered into exclusive discussions with Toyota (GB) PLC and its insurance partner in the UK, Aioi Motor and General Insurance Company of Europe Limited, to work together to provide branded motor insurance products to Toyota GB's UK customer base.

Say ‘Oh Yes' to your very own Churchill

Oh Yes! It is now possible for fans to own their very own Churchill - the famous dog from the TV ads.

Confused.com adds new car insurance provider to panel

Confused.com welcomes Hughes Insurance to their already comprehensive list of motor insurance providers.

Rising car insurance premiums

Hayley Parsons, Chief Executive of leading insurance comparison website Gocompare.com, comments on increases in car insurance premiums highlighted by the AA's premium index: "We're coming up to one of the busiest periods for car insurance renewals in August and September so the news that insurance companies are hiking premiums for motorists at their fastest rate for nearly a decade will be particularly unwelcome at this moment in time. Many drivers will have been protected from the increases earlier in the year, but the harsh reality will be landing on millions of doormats very soon in the shape of car insurance renewal forms.

esure boosts fraud team to tackle rise in insurance fraud

With ABI figures showing a 24 per cent increase in insurance fraud over the last two years, esure has responded to this upward trend by boosting its in-house fraud and claims verification team by almost a third.

A new comparethemarket.com advert – Simples

Following the cult success of its recent television campaign featuring meerkat, Aleksandr Orlov, comparethemarket.com has launched another new TV advert.

comparethemarket.com shortlisted in British Insurance Awards

comparethemarket.com has reached the finals of the British Insurance Awards 2009 with its unique Meerkat campaign.

Confused.com welcomes Women on Wheels to insurance panel

Confused.com, UK price comparison site, has announced the addition of Women on Wheels to its extensive panel of motor insurance providers.

Motoring convictions could drive holes in your pockets

Motorists convicted of alcohol, speeding or mobile phone-related driving offences will feel the heat on their motor insurance premiums - and that's if an insurer will cover them at all, says moneysupermarket.com.

12 million drivers would mislead insurers to ensure payout

As British motorists plan their Easter getaways, moneysupermarket.com reveals 12 million, or 36 per cent, would flout the law by making a fraudulent claim to ensure a successful motor insurance payout.

Late insurance renewers risk being stopped by police

Car owners who renew their insurance at the last minute are more likely than ever to be stopped by police, as forces intensify their effort to stop uninsured drivers.

Moneysupermarket.com compares over 100 car insurance brands

Market leading price comparison site moneysupermarket.com now has 103 motor insurance brands available to compare in its motor insurance listings.

Car insurance premiums set for steep rise

The average quoted premium for an annual comprehensive car insurance policy rose by more than 1 per cent over the first quarter of 2009, according to the AA's latest benchmark British Insurance Premium Index.

Check your caravan is protected this summer

With one in three (32%) of the over 50s considering going on a caravanning break this year to save pennies in the credit crunch, Saga is advising caravanners to check their caravan is adequately insured before heading off for a weekend on the road.

Age discrimination rife within motor and travel insurance

With the Government's Equality Bill published today and ‘appropriate age-based treatment' allowed, research from moneysupermarket.com finds Brits will continue to be punished with high travel and motoring premium costs on the grounds of their age.

Meerkat mania reaches fever-pitch

Comparethemarket.com is launching a brand new TV advert tomorrow (Thursday) to celebrate the launch of its sister site comparethemeerkat.com's new 'high technology' computer server.

Saga launches Accident Healthcare cover

Saga has launched a new Accident Healthcare cover as an add-on to its motor insurance policies, offering the over 50s enhanced protection should they be involved in a road traffic accident.

Ten simple tips to ease the stress of being in a car accident

Being in a car accident is a traumatic experience, but it can be made worse if there is a dispute as to who was at fault, if the other driver is from overseas or if anyone is injured.

Direct Line motor insurance launches new discounts

Direct Line is offering new customers one day's worth of free car insurance every week; equivalent to 52 days a year.

Key to preventing car theft begins at home

More than 18,500 cars were stolen last year after the keys were taken by robbery or domestic burglary, prompting an appeal from AA Insurance to keep car keys safe from criminals.

Comparison sites help kerb record insurance premium inflation

Hayley Parsons, Chief Executive of leading insurance comparison website Gocompare.com, comments on increases in car insurance premiums highlighted by the AA's premium index: "The AA's latest Insurance Premium Index paints a bleak picture for motorists. Insurers hiking premiums by record amounts, escalating claims costs in the industry and the spectre of insurance fraud on the rise, which in turn will mean further increases for drivers down the line.