Enough is enough, one insurance expert says, who recently said that car insurance companies need to quit dragging their feet and adopt telematics-based cover in order to provide less expensive cover to their customers.
Nearly 50% of drivers take fewer trips due to motoring costs
Nearly 50 per cent of the nation’s drivers are taking fewer trips by car as motoring costs continue to rise, according to a recently conducted survey, which also revealed that more than one out of every ten may be trying to squeak by with nothing but vapours in their fuel tanks.
Check the fine print before purchase, insurance experts say
Insurance experts say that you need to take pains to check all the fine print before purchasing a new insurance policy, especially since the number of car insurance companies competing for your custom has grown by leaps and bounds in the current economic landscape.
‘No one silver bullet’ to end high insurance rate woes
There’s ‘no one silver bullet’ to end the nation’s high car insurance rate woes, according to Transport Secretary Justine Greening, who presided over a Whitehall motor car insurance summit this week that saw proposals to increase availability of cheap car insurance for young drivers and using independent medical panels to reduce whiplash claims.
Ministers seek to drive down car insurance rates
With the ‘epidemic’ of whiplash-related claims driving up car insurance rates due to increased insurer costs, Government ministers have recently announced plans to tackle the issue in any way they can to provide cheaper car insurance to drivers in the UK.
Don’t be afraid to haggle over premium price, expert says
While you may feel reticent about doing so, haggling over the price of your motor car insurance premium can result in positive results, according to one insurance industry expert.
Insurers hiking women driver insurance rates early?
While cheap car insurance for women will come to an end due to new EU regulations that go into effect this December, new evidence has emerged that many car insurance companies may be jumping the gun and raising rates on their female drivers ahead of the deadline.
RSA scaling back its motor car insurance division
Citing concerns that the motor car insurance market has become ‘dysfunctional,’ one of the car insurance companies under the More Th>n aegis has reduced their motor premiums by 17 per cent, it was recently reported.
Government announces radical action to be taken against fraud
The Government recently announced that it will be taking ‘radical’ action against fraud, especially when it comes to exaggerated or falsified whiplash-related motor car insurance claims made by passengers and drivers in the wake of road traffic accidents, it was recently reported.
New report released on telematics insurance industry
A new, 400 page report on the state of the telematics insurance industry was recently released by an international strategy consulting firm, with industry experts predicting that the new report will soon become known as the definitive reference document for the entire telematics motor car insurance sector.