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Young drivers who insure themselves through schemes incorporating in-car telematics are a third less likely to have an accident in their first year of driving than the national average. Young Marmalade, which specialises in keeping young drivers safe, is predicting less than 6% of new drivers insured under their Intelligent Marmalade scheme (which is still […]
“The RMI’s National Association of Bodyshops (NAB) welcomes the OFT announcement that it is referring the private motor insurance market to the Competition Commission for investigation,” said Tony Lowe, RMI Board Member and NAB Executive Member. The OFT has decided to refer the market to the Competition Commission after a market study gave it reasonable […]
It has recently been announced by MoneySupermarket that car insurance premiums have fallen by around 10.6%, on average, since last year. MotorQuoteDirect, a leading car insurance website, has also taken a look at the average price of motor insurance quotes and has found that there has been around an 11% decline, on average, in the […]
A new study by Lightspeed Research has revealed the extent that British people have taken to make ends meet in today’s challenging economy. The research identified five types of consumer based on their spending behaviour in these straightened times: Business as usual, the lucky few who’ve felt no impact (<8%) Cautious spenders, who don’t need […]
Motorists involved in non-fault accidents should be protected from resulting insurance hikes, Labour announced at Insurance Conference on Friday. Currently, drivers involved in non-fault accidents that weren’t their fault are being punished by high insurance premiums. Even if the at fault driver admitted full liability and met the full costs of repairs, many insurance companies use […]
