Motor and Van Man - Car Insurance Advice

Car Insurance Premiums Hiked up by Uninsure Drivers

2009-07-31T06:48:00.000-07:00

As drivers up and down the UK become more and more strapped for cash the cost of driving becomes more and more expensive. This means many drivers are now looking at ways to stay on the road but save money which unfortunately results in some cutting corners with insurance, tax, MOT's and repairs.

It is believed that around 1 million drivers are now driving on the roads without insurance as more and more drivers fail to renew their insurance policies in a bid to cut back the cost of driving. This move has inevitably been picked up by insurers who now take this into consideration when calculating insurance premiums. As always it is the honest drivers who will end up paying through the nose for these law breaking drivers with the average insurance policy set to increase by around £30 as a result! The cost of car insurance is also being hiked up by an ever increasing number of personal injury claims and increasing car repair costs. In particular it is young drivers who will feel the biggest impact of these insurance cost increases as they are often seen as the most vulnerable to accidents due to their inexperience on the road, although young drivers are in fact often more alert on the road.

Black box that could change car insurance forever

2009-07-10T06:00:00.000-07:00

A revolutionary piece of technology has been introduced into the world of car insurance that could change the industry forever. A "black box" satellite tracker is now being used by some insurers to help track the timing and distance a motorists drives with a premium rate being calculated on these figures.

Car insurance advice from top insurers such as Co-operative Insurance suggests that the revolutionary new way of calculating insurance costs will help drivers save hundreds on their insurance, in particular young driver's car insurance. Young drivers in particular are often charged high insurance premiums as they are seen as the most high risk drivers, most likely to make a claim. However, the new "black box" tracks when and how much a driver uses their car meaning that young drivers who do not drive as much or even drive at night can make huge savings on their car insurance costs.

Huge savings can be made as insurers can now charge different rates for driving at peak or off-peak times of the day. The reasoning behind these being that drivers who only drive at off-peak times of the day are considered much less likely to be involved in a collision and therefore less likely to make an insurance claim, a fair assumption I feel! The policy can also be monitored on the web giving drivers the ability to monitor the cost of their car insurance online.

Parent drivers breaking the law

2009-06-26T07:05:00.000-07:00

Passing the driving test and gaining a full licence is an exciting time for many young people as they are given freedom to drive their motors wherever they like without an accompanying adult. This gives many young motorists an added sense of freedom and responsibility.

Once the driving text has been passed young drivers need a car that has a valid MOT and all the extras such as car insurance and tax. The cost of getting a young driver ready for the road can soon add up and it is often the youngsters' parents who take care of all the costs. With so much to pay for it is understandable that parents try to find as many ways as possible to reduce the cost of getting their child on the road. The most common way this is often done is by twisting the truth when setting up car insurance for the young person. A method known as "fronting" where by the parent claims that he or she is the main user of the car and puts the child down as a named driver can help save a lot of money but is actually illegal. Such an act is actually classed as fraud and can have serious consequences for the child and parent should the situation be found out. With most providers now providing car insurance online telling such a lie to save money is even more tempting than ever but this is not recommended.

Should drivers be caught "fronting" the insurance will be invalidated immediately and both parent and child could face an unpleasant trip to court!

Hiding Motor Convictions

2009-06-12T07:47:00.000-07:00

With everyone across the globe feeling the pinch of the credit crunch people everywhere are finding more and more ways in which money can be saved. It has recently come to light that some drivers are trying to save on their car insurance by lying about previous motor related convictions, this is not recommended!

When applying for car insurance, particularly car insurance online, many drivers are choosing to exclude convictions that they picked up previously for speeding, dangerous driving and other motor related offences. Anyone who is attempting or considering this when applying for car insurance be warned, insurance providers are clamping down on this type of behaviour and are more likely than ever to ask for access to driving history records of drivers. So if a driver gets caught out after lying on their car insurance forms they can face huge embarrassment and even a criminal conviction.

There are many ways in which money can be saved, fraudulent car insurance applications is not one of them!

Cost of "Green" cars discouraging drivers

2009-06-05T08:15:00.000-07:00

The recent UK Government scheme encouraging motorists to buy new cars by offering a £2000 fee for trading in any car over ten years old is likely to increase action in the car industry and help increase the number of efficient and CO2 reduced cars on the road.

For motoring to be truly “green” the future is for drivers to turn to electric cars and natural gas powered motors. Recent studies however have suggested that many motorists are being put off purchasing greener cars as they do not offer enough value for money. The research has suggested that although many motorists would like to upgrade to an energy efficient vehicle they are put off as the running costs are seen as being much higher than that of a standard petrol vehicle.

The solution to this would be to offer further incentives to drivers to purchase energy efficient cars, such as cheaper car insurance. A government ran incentive scheme could ensure that any driver of a “green” vehicle would be rewarded with benefits such as cheaper car insurance and reduced servicing costs. By enforcing an incentive scheme like this the UK government would ensure that many drivers move to purchasing energy efficient motors as opposed to the current situation where drivers are put off due to the lack of car insurance and other benefits.

Avoid paying large auto insurance premiums – pt 2

2009-05-22T06:04:00.000-07:00

As promised I’m back with some more money saving auto insurance tips. A key factor to saving on your car insurance is to select the right insurer based on price, reputation, value for money and the details of the cover.

Searching for car insurance online is perhaps one of the best ways to find the best “value” deal for you as you can search through a number of insurance providers deals based on your specific needs. Some of the top comparison sites can be useful for this as they allow you to include and exclude features of insurance cover enabling you to search for your own tailor made insurance quotes. Searching via this method can save a lot of time as at the click of a button you can compare a number of rival insurance quotes. However, it is important to note that not all insurance providers are included in such comparison sites so some of your own research into online car insurance may be required to truly find the best “value” car insurance deal around.

Once you have selected the policy that offers you the best deal in terms of cover, price and customer service you should have been able to save a fair amount of money along the way by making all the right decisions based on these tips. However, for anyone thinking the saving is done, it isn’t! There is still one more saving opportunity and that is done when selecting how to pay for your car insurance premium. By paying the full amount upfront the fee is generally cheaper than paying monthly. When paying for a premium monthly a small price increase is added (just another trick by insurers to get more money out of you!).

Hope my advice is of help and don’t forget to use it wisely to help you save on your car insurance!

Avoid paying large auto insurance premiums – pt. 1

2009-05-15T03:35:00.000-07:00

In the current motor insurance industry insurance providers have found more ways than ever to bump up the price of car insurance premiums for even the most careful drivers with the best no claims records. Bearing this in mind it is important that every driver understands the many factors that affect a premium cost and hopefully this car insurance advice can help drivers avoid being handed a large premium cost.

The first step to avoiding large premiums is to consider wisely the car you drive. When deciding what car to purchase consider the potential cost of the insurance before buying the biggest, fastest and sportiest motor. These types of cars may look good and be fun to drive but will be a nightmare to get insured. The higher the cars engine capacity and size is the higher the insurance cost is likely to be and any sports modification to a car is also likely to increase the insurance cost. Another important factor considered by insurers is the perceived security of the car you drive. Insurers have a number of tests that are carried out on each car model that gives it a security rating. As you can imagine the poorer your cars security score is, the higher your insurance will be.

In a previous post I discussed how even the smallest of modification to a car can increase the car insurance considerably. This should be remembered by all car owners before adding a sports kit, enhancing engine performance or even simply adding alloy wheels as any modification to the car as you bought it will more than likely result in an increase in the insurance premium. For more car insurance saving tips check back here soon for part 2.

Delayed MOT renewals leads to uninsured driving

2009-05-05T08:13:00.000-07:00

Recent research by comparison website uSwitch has revealed that an astonishing number of motorists are becoming increasing reluctant to renew their MOT’s by the due date. This may be a reaction to the economic downturn that has left many drivers with less disposable income. However, unfortunately for drivers this is one fee that cannot be avoided as it is required by law.

Also many drivers that delay renewing their MOT may not be aware that as soon as an MOT has expired cars insurance is automatically rendered invalid. Thus meaning that any person driving without an up to date MOT is also driving uninsured and therefore breaking the law. Many of the drivers researched stated forgetfulness as the main reason for failure to renew their MOT whilst others claimed a change in vehicle or finance alterations were the reason behind failing to get their MOT renewed on time.

Whatever the excuse given is, it is essential that an MOT is renewed on time as the implications for being caught without one are severe. A fine for having no MOT of £1000 can be handed out. Also as mentioned no MOT means no car insurance meaning being involved in an accident could have huge implications with many drivers involved in crashes seeing premium increases of up to 43%!

Eating whilst driving: A costly move

2009-04-24T01:58:00.000-07:00

Once again major insurance providers have found another way of increasing insurance premiums for the masses. The latest money grabbing technique by car insurance providers is to increase the premiums of any driver that has been stopped driving whilst eating.

Insurance providers are referring to such an action as a “distraction” with some companies charging drivers guilty of being “distracted” up to an extra £200 per year. A number of actions are classed as a distraction, from taking a drink, tuning the radio and reading a map, giving insurance providers the chance to maximise the amount of customers they can catch with this new ruling.

However, for insurers to be able to increase premiums for such an offence the driver must have been convicted of driving without due car and attention, known as a CD10 offence, for which thousands of people are convicted each year for in Britain. Being distracted whilst at the wheel is a dangerous act and one that should be avoided. However, drivers are punished enough for this crime when convicted and forced to pay a fine without being punished further by their car insurance advice providers! This is Money reports that police in Manchester have taken the step of fitting new Smart cars with spy cameras to catch out careless drivers. As mentioned careless driver is inexcusable however this does pose the question, is there not something more important to commit Police time and money to? Gun and knife crime perhaps?

Modified Motors Costing More

2009-04-09T06:43:00.001-07:00

In the current economic climate purchasing a new car is becoming less and less of a priority for the everyday working man. With disposable income decreasing consumers just simply do not have the funds to upgrade their motors to something quicker or more attractive.

As many consumers are obsessed with upgrading their vehicles, if they cannot afford to purchase a new one this leaves them with one option, enhance/ modify the one they currently have. Many consumers who enjoy driving and like to take pride in the look of their vehicle modify it in a number of ways from adding alloy wheels, body kits or even fitting an entertainment system inside. This is an enjoyable exercise for any driver looking to improve the look of their car and can also add value to a vehicle. However, for some drivers any modification can come at a huge cost. When making any kind of change to a vehicle the insurer of the car must be informed straight away so that the premium costs can be adjusted accordingly. Being charged extra for adding alloy wheels or reverse parking sensors is seen as somewhat harsh and rightly so. A simple modification to a standard car does not make it more of a risk to road users or anymore likely to crash than a standard vehicle. Even harsher is the fact that if a driver has modified their vehicle and not informed the insurer and attempts to make a claim they could be told that their cover has been wiped!

Yet again this is a set of rules created by insurers to create extra revenue and ensure that they have to pay out as little as possible. It is something that should be looked and changed by law but in the mean time if any modifications are made to your car be sure to notify the insurer!For further car insurance advice consult an professional firm that have expertise in this field.

Modified Motors Costing More

2009-04-09T06:38:00.000-07:00

Car Insurance Premiums Soaring!

2009-04-03T06:16:00.000-07:00

Earlier on in the year a number of news sites and resources detailed how car insurance premiums are set to rocket over the course of 2009. This is disappointing news for car owners who are looking to cut back rather than increase expenditures in this time of economic crisis.

The main cause for the increase in car insurance premiums is thought to be an increase in the number of fraud scams and personal injury claims. So the sad truth of the situation is that the hard working public are set to pay increased car insurance premiums of up to 20% to cover the illegal activities of fraudsters. This increase is sadly unavoidable as insurers have to cover their increased costs. However, with so many insurance providers and comparison sites currently in the car insurance market competition remains fierce which will hopefully ensure competitors continue to battle on price meaning that consumers may still benefit from value for money car insurance. As always to benefit from the best value for money car insurance on offer it is essential to keep your eye on the market, any special offers and negotiate with the insurer, don't get ripped off for your policy!

Saving Money On Car Insurance With A Teenage Driver

2009-03-26T06:40:00.001-07:00

Saving Money On Car Insurance With A Teenage Driver

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Ways to Get Value for Money Car Insurance

2009-02-27T08:01:00.000-08:00

Listed here are few effective ways of making the better deals out of the auto insurance premiums. They are simple and quicker steps to bring the positive change one had been wishing for managing their auto premiums in a better manner.

Fixing the Glitches while Purchasing the Auto Insurances

Experts suggest that individuals must take necessary steps for raising the deductible and choose the auto insurances with improved liability coverage. It is possible to maintain the same premiums even after these modifications. Consulting insurance professional for reaching a trade off between the coverage offered and premiums to be paid will be a fruitful option. In addition to the auto insurances, money can be saved by purchasing the medical payments coverage, which will provide the medical expenses in the case of accidents.

However, care must be taken that these personal injury protection and health coverage policies are not beyond what is necessary. Another useful tip from the experts is, while the insurance company mention about the total liability coverage they offer, it is crucial to make note of the sum paid per injured person. The best deal will be to suggest the insurers about dividing the amount paid per injured person and per accident into equal proportions.

Tips While Shopping for the Auto Insurances

First and foremost, the choices are aplenty if the individual has good credit and driving record. However, if one does not possess a spotless driving history then concentrating on those insurance policies that are flexible about this factor is essential. Considering the umbrella insurance policies that covers both the automobile and home will save more money in cases of individuals owning asserts. Another way of getting better coverage is to buy rental insurances that will compensate the amount to be paid to the temporarily rented cars while the insured car is repaired after an accident. There are other such innumerable offers from the car insurance advice companies and all one has to do is browse sufficiently prior to purchasing. Internet is flooded with all kinds of necessary details, which one must master to locate. If the state provides cost guidelines for auto insurances then the work will be made easy.

The buyer has to remember that there are several extras one can get while purchasing the auto insurances but not every insurer will mention it. Thus shopping specifically after gaining the ideas from online will give the best results.

Article Source: http://EzineArticles.com/?expert=Nicholas_Vernon

Save Save Save on car insurance!

2009-02-20T05:59:00.000-08:00

With so many people being affected by the global credit crunch everyone is looking to save money and saving on car insurance is something that can be done by everyone and anyone. From basic tips on shopping around to updated news on deals and developments in the motor insurance industry as well as car insurance advice this blog can hopefully help us all save money on car insurance.