Depending upon how car insurance companies set pricing models or their underwriters assess your risk factor, you may find greater cover actually costs less.
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Grab your pitchforks – premiums could increase yet again
Insurance experts say it may be time for the motoring public to grab their torches and pitchforks, as car insurance rates could be poised to increase yet again as the number of car accident claims went up by 18 per cent in 2011.
Unemployed? Too bad, here’s your rate hike.
Insurers are adding insult to injury to jobless individuals in the UK, raising their car insurance rates by as much as 400 per cent – or even sometimes more, it was recently revealed.
Court rules in favour of insurer, could lead to rate hikes
Motor car insurance experts fear that drivers could see rate hikes in their future thanks to a recent court ruling in favour of an insurer that was found to have been inflating repair costs by as much as 25 per cent.
Market lousy with backhanders, officials say
The motor car insurance market is positively lousy with backhanding and dodgy charges, according to recent statements made by the Office of Fair Trading in a recent publication.
Drink driving convictions raise rates by 150% for some
New insurance policy pricing research conducted by a leading car insurance comparison site found that you’re in deep trouble if you’re convicted of a drink driving offence: you could end up seeing rate hikes of as much as 150 per cent.
Don’t raise your excess to unsustainable levels, experts say
While it can be tempting to try to cut a deal with your insurer by increasing your voluntary excess in order to get discount car insurance quotes, experts say that you need to exercise caution, lest you raise it to a level that would be unsustainable in the event of an expensive insurance claim.
Most vandalised motor in UK an everyday car
While most Brits would assume the most vandalised car in the UK would be a flash, expensive motor, recent research from a provider of discount car insurance quotes has revealed that it’s an everyday car most likely to be the target of vandals and not a luxury model.
Keep both hands on the wheel, insurer says
One direct car insurance provider has recently warned motorists to keep both hands on the wheel, after research recently commissioned by the provider of discount car insurance quotes found that drivers keeping only one hand on the wheel have a higher likelihood of being involved in an accident.
Comprehensive cover costs decline by 3.3%, research says
The costs of comprehensive motor car insurance cover have declined by 3.3 per cent over the course of the last quarter, according to recently revealed research findings.