Insurance

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6 Easy Ways To Cut The Cost Of Running A Car

We all know that running a car is expensive. In fact, insurance providers Elephant have estimated that it can cost up to £4,500 per year! But fear not, there are a few simple ways you can help cut costs. 1. Drive more economically There are a few ways to reduce your fuel consumption: Don't drive with unnecessary weight in the car. Remove your roof rack if you're not using it, clear your boo...

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Car insurance named as biggest cost concern for drivers

In a recent survey, drivers have named car insurance as their biggest cost concern as premiums are increasing at their fastest rate in five years. Nearly half (46%) of the 1,714 drivers questioned for the RAC Report on Motoring noted that their insurance cost had increased on the previous year, compared with 34% who said the same in 2015. The RAC said that industry data showed the average premiu...

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Could comparison websites be causing a rise in car insurance costs?

Comparison websites are meant to create competition and reduce costs, but there’s a chance they could be having the opposite effect when it comes to car insurance premiums. Because comparison sites make it easier for people to hunt out bargains, plenty of insurers are no longer offering loss-leading introductory insurance offers and some are even putting their prices up to try and prevent motor...

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Car insurance jargon buster

The world of car insurance can be a confusing one, full of terms and abbreviations that can be difficult to understand. Luckily, we have put together a car insurance jargon buster to help you, so whether you are selling a car and replacing it with a new model, or simply renewing your policy, we have outlined the terms and what they mean to your policy! Association of British Insurers (ABI) Man...

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Five more ways to save money on your car insurance

Car insurance is a necessity for every driver, but insurance premiums are ever increasing. Whether you are looking to sell your car and insurer a new one, or renew your policy, we have taken a look at five more ways you can reduce your premium, and save money when it comes to insuring your car. Advanced driving qualifications IAM membership is open to any driver who passes the IAM advanced te...

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Six ways to save money on your car insurance

The rise in Insurance Premium Tax (IPT) is said to be driving up the cost of car insurance, but there are a few ways motorists can save money on their car insurance. In October 2016, the government will increase IPT to 10%, which is set to raise an extra £700m to be put towards flood defences. According to the AA, this increase will add more than £20 to the average comprehensive premium. How...

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Six car insurance myths busted

The world of car insurance can be a tricky one to get your head around, with so many different companies offering different policies. There are, however, a number of myths that people are often caught out by, which we have taken a look at below: “If I take out fully comprehensive insurance, I am automatically covered on any car I drive with the permission of the owner” Perhaps the most commo...

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Five cheap to insure cars for 2016

Car insurance is an expensive necessity, whichever way you at it! However, if you are looking for cheap to insure cars in 2016, there are options out there. The best way to work out if a car is going to be cheap to insure is to look at what insurance group it lies in. These range from one to 50, and new cars in the lowest groups are easy to find. Prices will differ depending on personal circums...

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Last minute insurance buying could cost £300 more

New research has found that the cost of car insurance rises significantly depending on how urgently you need the cover to start. Comparethemarket.com found that premiums peak on the day the drivers’ existing policies expire or automatically renew. It was found that on renewal day, premiums cost an average of £685.95. Almost a quarter of drivers leave buying their new cover until their renewab...

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