Association of British Insurers reports motor premiums fall
The Association of British Insurers has reported that motor insurance premiums have fallen for the first time in two years. Average premiums fell by two per cent between April and […]
repair costs
Drivers paying for car repairs themselves
New data has found that more than half of drivers have never made a claim on their motor insurance. According to Quotezone, drivers are increasingly opting to pay for minor […]
Costs mount for EV repairs
New research has revealed that although electric cars are involved in fewer collisions than their ICE counterparts, those that do crash are more likely to be written off – and […]
VWCV finds ADAS prevented accidents for 45% of UK van drivers
Research by Volkswagen Commercial Vehicles (VWCV) has found ADAS prevented accidents for 45% of UK van drivers. The research results were taken from a OnePoll survey of 1,000 UK van […]
Claims costs outstripping premiums
Motor premiums rose one per cent in the first quarter of 2024, although average motor claims were up by eight per cent to an average of £4,800 during the same […]
Motor insurers report record year of payouts
Motor insurers paid out an average of £1.13m in compensation every hour last year, according to new figures from the Motor Insurance Claims Tracker. It reported that from 2.3 million […]
Motor insurance prices continue sharp rise
Motor insurance prices jumped another 12% in the fourth quarter of last year, meaning premiums rose by more than 25% over the whole year. According to figures released by the […]
Motor insurance up nearly a third
Motor insurance increased to an average price of £561 in the third quarter of the year, according to data from the Association of British Insurers. This is 29% higher than […]
Premium prices spike 19% in three months
Motor insurance rose 19% in the third quarter of the year to reach a new high of £924. Over the year, premiums have shot up 58%, or £338, compared to […]
Motor insurance payouts up a third
Motor insurers paid out £2.5bn in claims in the second quarter of this year, according to the Association of British Insurers. This represents a 29% increase on the £2bn paid […]
NBRA: premium hikes were inevitable
The National Body Repair Association (NBRA) has said the 21% annual rise in motor insurance premiums is not surprising. Board member Wayne Mason-Drust said: “For almost a decade, the cost […]
Premiums soar to record high
The Association of British Insurers has reported that average comprehensive motor premiums have risen to record highs. Its premium tracker analysis 28 million motor insurance policies in the UK and […]
