Drivers with telematics insurance are 20% less likely to have a crash than those with standard insurance, according to a recent analysis of 10,000 young driver insurance claims, conducted by the Co-operative Insurance. Young drivers with telematics are also less likely than those without to have a serious crash, meaning that their average claims are… Continue reading »
Apr
06
Van Premiums for Young Drivers
In January 2011 the average van insurance premium for males aged 22 and under was £2550, a new study revealed. This decreased to an average premium of £2210 in January 2012, a difference of 13.5%. Meanwhile, further research showed that females in the same age category saw their premiums reduce by £530, with quotes of… Continue reading »
Mar
08
Breathalyser Test Kits in France
French officials have confirmed their intention to introduce as planned the legal requirement for all vehicles to carry breathalyser tests and the suggested implementation date will be July 2012 for the new French law. From 1 July all drivers visiting Francewill need to carry a breathalyser kit in their cars. The rules will apply even… Continue reading »
Jan
26
Insurance Premiums Based On Age
Automobile insurers rely exclusively on statistics to determine the premiums that you pay. Statistics show that drivers who meet certain criteria are at higher risk for a claim than others. Some factors, such as age, marital status and where you live, are beyond the driver’s control, while others are a matter of choice – what… Continue reading »
Jan
26
Telematics Predicted to Reduce Motor Trade Insurance Premiums
Speaking at the ABI Motor Conference Personal Lines insurance broker Tom Cooper predicted that a central hub of telematics information will enable insurers to rate premiums based on a drivers behaviour behind the wheel such a miles driven, where, when and at what speeds. In car telematics has been forwarded as the next big thing… Continue reading »
Jan
25
Claims Data Exchange to Reduce Motor Trade Insurance Premiums
Motor Insurer’s Bureau chief executive Ashton West claims insurers should thrash out deals with the Claims and Underwriting Exchange that attempts to collect all claims histories. West hoped that by 2014 companies will be able to instantly access a customer’s claims history. The news follows on from the exciting revelation that insurance brokers are to be… Continue reading »
Jan
18
Save on Fleet Insurance like The Royal Mail
Take a journey on Britain’s roads and the chances are you will see a Royal Mail Group vehicle. Royal Mail has a fleet of 33,000 vehicles and 90,000 drivers travelling 605 million miles each year. “As the result of the scale of our operations and the commitment of time, financial and intellectual capital we… Continue reading »
Jan
09
Unisex Insurance Premiums
Customers are sometimes surprised to discover that the men will pay higher premiums than the women for the exact same coverage on car insurance. But according to the European Court of Justice (ECJ), insurers cannot charge different premiums to men and women because of their gender. ECJ ruling on unisex insurance premiums and benefits will… Continue reading »
Dec
30
Insurance Factors: The Way You Drive
The price of vehicle insurance depends on numerous factors. As we’ve previously mentioned, the area that you keep your vehicle(s) in will affect the price of your insurance premium. The key factor that can change the price of your insurance is the way you drive. This includes your driving habits, the type of driving you do,… Continue reading »
Dec
16
Commercial Vehicle Insurance
Are you one of a growing number of people who drive their own car for business purposes? If you are then you need to make sure that you have appropriate motor insurance. Most standard policies cover the car only for pleasure or domestic use. Many also include commuting to and from one place of work.… Continue reading »
