Dec 12
The price of motor insurance is to be officially investigated by the Office of Fair Trading after it found premiums rose by 9% in the first three quarters of 2011.
The announcement follows a call for evidence made by the watchdog in September, when it said it wanted to establish if there were any competition or consumer issues contributing to a continued rise in insurance costs. Prior to price increases this year it said private motor insurance premiums paid in the UK rose by about 12% between 2009 and 2010.
Its investigation will now focus specifically on the provision of third-party vehicle repairs and the cost of replacement vehicles hired to drivers involved in accidents that are not their fault.
“Our concerns relate to the provision of third-party vehicle repairs and credit hire replacement vehicles to claimants, where we suspect companies may be competing to extract money from each other rather than keeping premiums as low as possible and providing car owners with value for money,” said Sonya Branch, OFT senior director of services, infrastructure and public markets.
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Tags: Insurance, Motor Insurance
Dec 11
Vehicle insurance: Over fifty vehicle word coverage advantages
Above 50 vehicle word coverage
It has been beheld that some-more grown up motorists have been prone to have a distant some-more grown up process in a citation of pushing than latest motorists. Vehicle word policies firms have been most some-more as good as some-more penetrating to idea motorists elderly fifty as good as or people that have late as some-more grown up drivers have been some-more expertise, fewer mishaps as good as some-more steady. We can contend comparison motorists have been benefaction a lot rebate of a risk. This implies a around 50s have been most rebate expected to have a claim, hence saving a insurer dollars.
Recent investigate upon drivers patterns have shown that a drivers over 50s have been a single of a distant some-more clever in a finish sector, even yet a total do cgange by equates to of a little border for a motorists people who have been around 80s.
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Tags: Coverage, Coverage Benefits
Dec 07
If you’re shopping for a new vehicle, you’ll probably be bombarded with all of the catchphrases du jour. Like “fuel economy.” “Advanced technology.” “Improved safety features.” “Eco-friendly.”
Thankfully, there are some vehicles which have not completely sterilized the driving experience. Here are a half dozen of these cars that you’ll see on new car lots for 2012.
Toyota Yaris SE – Toyota made some changes to the 2012 model of this compact car. The electric steering has been quickened, the suspension has been stiffened, and the tires, wheels, and disc brakes have all been upsized. The result is a frisky, playful car that actually makes you look forward to driving it. Plus, the car insurance rates aren’t bad either. Infiniti M35h Hybrid – Are you tired of sacrificing muscle when a hybrid engine shifts from gasoline to electric power? Then strap yourse Read more…
Dec 06
TheNewspaper.com Roundup: November 16, 2011
Each Wednesday, we’ll publish quick summaries of the articles from the last week on TheNewspaper.com. We’re doing this because these articles are often strongly connected to the issues that National Motorists Association members are interested in.
Wednesday, November 16, 2011 Washington: Anti-Camera Initiative Sponsors Seek Rehearing in Court Although the city council in Redmond, Washington has decided to cancel its red light camera contract, the city continues to block the effort to let voters have a say in the decision. In court papers filed Monday, local activists cited election results in the cities of Bellingham, Longview and Monroe to convince King County Judge Laura C. Inv
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Tags: 2011, November 16
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