Category: Insurance

Warning cost of car insurance to rise this year

In a letter to the Treasury Select Committee, the FCA’s chief executive, Nikhil Rathi, said the watchdog were “aware of the growing concern about the cost of renewing insurance, particularly for homes and

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Car insurance ‘only going up’ as drivers urged to shop around before renewal

Experts are calling on drivers to shop around before they renew their car insurance policies, or they could miss out on massive savings. Car insurance prices have been spiralling for months causing drivers

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‘Seismic shift’: driving unaffordable for many in US amid push toward SUVs | Automotive industry

At the start of the pandemic, Ceola Luna, a 45-year-old Lyft driver in Los Angeles, bought a 2005 Saturn Vue crossover, after her new Dodge Caravan (a minivan) was wrecked in a crash.

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Young drivers could risk fraud for cheaper car insurance, industry warns

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email A quarter of young people would lie on car insurance applications

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Cheapest car insurance in Australia revealed in new data – Drive

15:3029 January 2024 As Australians face rising car insurance costs, new research has identified the insurance company with the most affordable policy prices. View 1 images Bingle is Australia’s cheapest car insurer in 2024,

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Car insurance: Young drivers risk fraud to save on costs

6 hours ago Image source, Getty Images Record high costs of car insurance could tempt more young people to commit fraud, the industry has said. But the Insurance Fraud Bureau (IFB) has warned

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Cheapest Car Insurance in Utah: Cost and Companies (2024)

The average cost of full coverage car insurance in Utah is $1,507 per year or about $126 per month. Utah drivers pay less than the national average rate of $1,730 per year. According

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‘Car insurance is soaring – but mine only went up 50p’

Car insurance premiums are the highest they have ever been, with the average driver paying almost £1,000 a year. Research by comparison site Confused.com found that the typical insurance premium now costs £366

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Car insurance is surging. Here’s why — and how you can save

Several factors are to blame for surging premiums. While there are signs that new and used vehicle prices may be coming down, car prices remain higher than they were pre-pandemic, noted Greg McBride,

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Deadline given for new car insurance rules

The new rules, set out in Directive (EU) 2021/2118 and which should have been transposed by December 23, 2023, clarify the scope of protection for victims, facilitate the control of mandatory car insurance

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