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News archive

March 6th, 2013 at 12:00 AM

Co-op black box insurance saves money for young drivers

Young motorists who choose to take out a policy for their car with the Co-operative Insurance and go through its black box scheme pay 23 per cent less than the average premium. According to the company, a typical customer between the ages of 17 and...
March 4th, 2013 at 12:00 AM

Insurance firms forcing car repairers to work on the cheap

Insurance firms are forcing garages to carry out car repairs as cheaply and quickly as possible, according to one vehicle repair shop owner. Bob McLaren from McLaren Auto Body in Loanhead, near Edinburgh, said the restrictions on time and money...
March 1st, 2013 at 12:00 AM

More insurance customers managing policies online

An increasing number of car and home insurance customers are opting to manage their policies over the internet. This is according to new research carried out by insurance partnerships firm Junction, which found more than 80 per cent of consumers...
February 27th, 2013 at 12:00 AM

Travel insurance sector boasts highest rejection rate

Travel insurance has the highest claims rejection rate and lowest satisfaction rate, a new survey has revealed. Research carried out by Which? found one in ten claims is rejected by an insurer - more than in any other sector - and 66 per cent of...
February 25th, 2013 at 12:00 AM

Major rural insurance firm relocates to bigger offices

The UK's leading rural insurance firm has moved its office from Bedale in North Yorkshire to the nearby city of Ripon following an increase in customer demand. NFU Mutual's change of headquarters mean the company now boasts a new and improved...
February 22nd, 2013 at 12:00 AM

Most common insurance fraudsters commit minor crimes

The most likely culprit of insurance fraud is aged between 31 and 50 and has never before made a false claim. According to new data compiled by researchers at the University of Portsmouth, the profile of a classic insurance fraudster is someone who...
February 20th, 2013 at 12:00 AM

Drivers losing out by renewing car insurance policies

Car insurance customers could save themselves £300 a year by switching to a new provider instead of renewing their existing policy. This is according to new research conducted by MoneySupermarket.com, which found motorists in the UK are throwing...
February 18th, 2013 at 12:00 AM

Over 1k flood insurance customers covered in 2012

Insurance firms helped more than 1,300 customers recover their properties from flood and storm damage every day in 2012. New findings released by the Association of British Insurers (ABI) revealed companies dealt with around 486,000 claims from...
February 15th, 2013 at 12:00 AM

Whiplash claims cause car insurance premiums to soar

Whiplash claims add an average of £118 to every driver's annual car insurance bill, Aviva has revealed. A new report published by the insurer stated premiums have risen by 80 per cent since October 2008 following a sharp rise in the number of...
February 13th, 2013 at 12:00 AM

Potholes cause car insurance claims to soar

Car insurance claims made by UK motorists for pothole-related damage have more than doubled in the last 12 months. This is according to new figures released by the AA, which revealed that in the past four weeks, potholes have caused problems for...
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