Latest Car insurance News 
Car clubs benefit from steep increase in car insurance premiums
Car insurance premiums have seen a steep 14% increase in the past year according to the AA British Insurance Premium Index. This is the highest rate increase on record and average premiums for comprehensive motor cover jumped by 5.6% in the third quarter of the year, the biggest quarterly increase since the AA first started monitoring the market in 1994. A City Car Club survey showed that mostly this increase in premiums had been felt by city mot... [more]
Car insurance policy jargon designed to confuse drivers
According to research by swiftcover.com, almost one in five drivers (18%) think car insurance policies are purposely designed to confuse them. The survey found that 42% of Brits struggle to understand the terms used in their car policy, leaving them uncertain over what they are actually covered for. Nearly a quarter of people (23%) have no idea what voluntary excess means, despite the fact that many people increase their voluntary excess as a ... [more]
Long dark nights of winter offer bike thieves the perfect cover to steal to order
Devitt Insurance Services is urging bikers to think now about protecting their vehicle from opportunistic crooks. Devitt warns that the grey days and long dark nights of winter offer bike thieves the perfect cover to steal to order, but basic commonsense security measures can help significantly reduce the risk of theft. “It’s a fact that more motorcycles and scooters are stolen than cars, but less of them are ever recovered, making it essentia... [more]
Insurers penalise drivers who were not at fault in accidents
An Auto Express investigation has revealed that some cover providers increase prices for the innocent victim of a smash nearly as much as they do for drivers who caused one. So roadside arguments over who caused a crash may be pointless – as your insurance premium could rise by virtually the same amount either way. Auto Express compared quotes from five major insurers – Admiral, Aviva, Churchill, Direct Line and Tesco – and looked at the diffe... [more]
GEM Motoring Assist gift voucher for father's day
GEM Motoring Assist has come up with an idea to help cash-strapped kids give dad a Father’s Day present he will love. Simply visit the GEM Motoring Assist website to download a gift voucher. Present the voucher to dad, which promises him that you will wash his car! As an added bonus, the first 100 visitors to download the voucher and leave their details will also receive a car washing sponge and the latest copy of GEM’s own magazine, Good M... [more]
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Car insurance in the news
Reported stolen car leads to insurance fraud arrest (The Scranton Times-Tribune)
A Wilkes-Barre man who reported his car stolen from a South Scranton diner about 10 hours after it was involved in a Christmas Eve crash on Interstate 81 faces charges of insurance fraud and false reports to police, the Northeastern Pennsylvania Insuranc
Why Not Universal Car Insurance? (Ludwig von Mises Institute)
With universal mandates, insurance companies no longer compete for multiple clients, but for just one — this is called a monopsony. The amount of eligible insurance companies quickly dwindles.
£100,000 Mercedes car seized in Nelson in insurance crackdown (Burnley Today)
A MERCEDES car valued around £100,000 was among vehicles seized by Police as part of a crackdown on uninsured drivers. (10/03/2010 11:53:57)
(AFX UK Focus) 2010-03-11 14:10 Russia's parliament to tighten insurance rules (Interactive Investor)
MOSCOW, March 11 (Reuters) - Russia's parliament has proposed tightening licensing and merger regulations for the country's insurance industry, which comprises more than 700 companies. The industry was hard hit last year when car sales slumped more than 50 percent, reducing demand for the auto insurance policies which are the industry's major revenue source. The local insurance market remains ...
Rental car scammer jailed (Straits Times)
A YOUNG man was jailed for 42 months by a district court on Thursday over a car rental scam. Allen Tan Wei Loon, 22, who admitted to eight charges of mostly cheating, was banned from driving for four years for driving without a licence and insurance coverage.
Lawmakers Approve Insurance Liens for W.Va. Cities (WSAZ NewsChannel 3 West Virginia)
Lawmakers have signed off on allowing West Virginia's cities and towns to tap insurance proceeds when clearing away buildings destroyed by fire.
Man 'murdered wife in fake car crash then tried to kill second partner in copycat attack' (The Scotsman)
A MAN appeared in court yesterday accused of murdering his wife in Scotland 15 years ago and making it look as if she had died in a car crash, and then trying to do the same
Ontario auto insurance changes hit pedestrians, cyclists (Spacing Wire)
Anyone who doesn’t own a car, and the insurance that goes with it, is going to have fewer resources to deal with injuries if they are hit by a car, as a result of changes to auto insurance just introduced by the Province of Ontario. In an effort to reduce auto insurance costs, the Province has [...]
New Rules for Insurance Mergers (The Moscow Times)
The State Duma has proposed tightening licensing and merger regulations for the insurance industry, which comprises more than 700 companies.
Reid's Wife, Daughter Hospitalized After Car Accident (The Huffington Post)
What's Your Reaction? WASHINGTON — Senate Majority Leader Harry Reid's wife and daughter are recovering in a Washington-area hospital after a car accident.
