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Thinking of taking a used car next time? Over 8 million drivers do each year. The reasons for moving from a new car to a used car vary, maybe you’ve lost your company car through redundancy or a cash for car scheme or maybe you have seen the low prices that 2 and 3 year old cars have fallen to and would look to save some money, but after a friend of mine lost his Renault Megane for nearly two days in order to have his clutch replaced it reminded me that we are living in a throwaway society. Things don’t Read more »

As drivers continue to feel the pinch of recession insurance groups warn about the dangers of not telling the truth when taking out car insurance. Every claim is now being closely scrutinised as a result in the upsurge in fraudulent claims, as explained in my recent crash for cash fraud item. As a result lies or mistakes made at the time of proposal is causing claims to be rejected so great care needs to be taken when completing proposals or you may not only find a claim rejected but Read more »

Hopefully as we move into spring we will see some warmer weather but following one of the coldest winters for years many local authorities now have the job of sorting out the damaged roads left behind. The increase in potholes has resulted in an increase of 13% in pothole related axle and suspension damage. Insurer Warranty Direct suggested that the repairs may be slow to fix with some roads being left as there is Read more »

It would seem that we are still waiting for some sort of bailout of the car finance sector in order to get people back into new cars but are the Government at risk of doing what they have done with banking and put the money in the hands of the wrong people. There are many lenders other than banks and they should have been helped before the banks who have simply bolstered up their balance sheets in preparation for Read more »

Even though every other advert on TV seems to be for a car insurance  comparison site it is believed that as many as 40% of motorists are paying more than they should be on their car insurance by some staggering margins. BBC 2’s Working Lunch held an advice day and one of the biggest areas of cost saving that could be shown to participants was house and car insurance with one gentleman having his Read more »

For those that like to personalise their cars with a cherished number plate you might be interested to learn that 1 HRH was purchased by a Berkshire based millionaire recently for £113,815. Even better was 1 O which had a reserve on it for £10,000. The owner must have had a Fools and Horses moment when it went for £210,242.50! Phew! By Graham Hill

One of the side affects of the current recession and the drop in value of used cars are  the poor settlement figures being offered by insurance companies as a result of total write offs compared to the settlement figure required by the finance provider. Another involves the early settlement figures being asked for by lenders when drivers wish to early terminate a finance agreement, this could be as a result of Read more »

Insurance rules are about to change as a result of proposed legislation that is going through the consultative stage. If introduced it will become an offence simply to keep an uninsured vehicle as opposed to the current legislation that makes it an offence to drive an uninsured vehicle. Road safety minister, Jim Fitzpatrick, said ‘Increased police powers already mean that 400 uninsured vehicles are seized every day Read more »

 If you use your own car for company business or you allow employees to drive their own cars for business use Active Risk Management feel they have a solution to checking if employees are totally road legal in their own cars by providing an ongoing audit service. Employees will be issued with an online permit which will confirm whether they are eligible to drive on company business. The record will show whether the Read more »

There appears to be a bit of a shake up in  the way that cars are insured. Where companies allow drivers to use their own cars for company business it is being suggested that the companies now take out company policies that include the cars owned by the employees in order to ensure that all cars used for company business are adequately covered. There are also proposals to introduce Read more »