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Sky high premiums The Transport Secretary will today urge young drivers and women motorists to have ‘black boxes’ fitted in their cars to reduce sky-high insurance premiums by as much as half. Justine Greening will say that insurance costs increasingly bear ‘little relationship to the real world’, revealing figures showing that young male drivers now […]
Car insurance, law change is dysfunctional New laws are coming into force which will make it illegal to keep a car uninsured, even if it’s not being used. Drivers will face a £100 fine and potentially have their car seized and destroyed, unless the vehicle is certified as off the road. From today, the DVLA […]
Premiums drop by 11% Car owners have had some rare good news. New research has revealed a 10.6 per cent decrease in the average cost of car insurance premiums. The annual cost has fallen to £478 per year, according to a report by price comparison website MoneySupermarket. After a prolonged period of premiums rising, things […]
Women drivers to pay more to pay more for insurance due to ‘boy racers’ Women drivers will soon pay a for boy racers, as insurers are banned from discriminating between the sexes. Giant insurers are to be banned from using your sex when deciding how much you should get for a pension or pay for […]
Adding your wife to a car insurance policy can save £502 Adding your wife to a car insurance policy can save £502 off the cost of an average policy, research from comparison website confused.com has found. It says that women can more than halve the car insurance bill for a man by simply being added […]
Apps, saving drivers money Millions of drivers could potentially save money by using smartphone apps that monitor how safely they drive, according to insurance industry bosses. Getting a car insured can often cost thousands of pounds.Now several companies have released apps which use GPS technology to track things like speed, braking and cornering. The safer […]
OFT’s revised procedures guidance for Competition Act The OFT today set out new decision-making processes and procedural enhancements to boost the speed and robustness of Competition Act 1998 investigations and increase engagement with parties involved. The updated guidance on Competition Act 1998 procedures follows a consultation process launched in March 2012. It updates the OFT’s […]
The government have pledged to get a grip on the compensation culture surrounding personal injury claims. Justice minister Jonathan Djanogly said the current situation was “rotten” and action was needed to increase transparency and reduce costs surrounding personal injury claims. Critics say insurers are getting paid for referring details of people involved in accidents to […]
ANRP used in seizure of uninsured car The one millionth uninsured car on Britain’s roads has been seized by West Midlands police, Bluefin has reported. The West Midlands force has been utilising automatic number plate recognition (ANPR) technology to help it crack down on the uninsured, and has reported an average seizure rate of one […]
Injury lawyers & compensation culture Russell Thomson from The Injury Lawyers explains how insurance companies are driving compensation culture for whiplash claims in a bid to chase referral fees. More from the injury lawyers injury claims website: The Injury Lawyers. It’s obvious to anyone that it’s all getting way out of hand! But what’s the […]
