Category Archives: Motoring News

Car insurance costs soar

July 05, 2012   simon

We all know it is happening, but now we have statistical proof. The Institute And Faculty Of Actuaries has reported that in 2011 there was an 11% drop in the number of accidents – yet an increase of 18% in the number of personal injury claims. The report described the increase as “staggering”.
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Tyre labelling arrives this year

July 04, 2012   simon

From this November, all tyres sold will have to show independent ratings for fuel efficiency, safety and noise. They will be categorised using a seven grade ranking scale, similar to the new car CO2 or fridge efficiency labels. From 1 November it will become a legal requirement for tyre retailers to display the new label on all replacement tyres, but labels will start appearing in shops and dealerships from this week. Fuel efficiency (rolling resistance) and safety (wet grip) will be categorised using a seven grade ranking scale.
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Nationwide tries to cut accident repair times and insurance costs

July 04, 2012   simon

We have all heard about the way insurance companies and accident claims bandits rip us off when it comes to the costs of accidents. Now the largest accident repair specialist has teamed up with an insurance company to try and work together to reduce the time, and therefore cost of accidents. We spoke exclusively to Nationwide and its Chief Executive pointed out that his company makes a smaller profit from spending days working on each damaged car than a claims management company makes from a couple of phone calls.
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Drivers fret about commuting safely

July 03, 2012   simon

Nearly a third of car commuters have had a near miss in the last year, according to a web poll from IAM Drive & Survive. 45% of drivers polled would like their employer to provide support for them to improve their driving. The survey also found that 98% of drivers said they are exposed to negligent road users on their journey, 40% of them frequently. 45% admitted they have made a mistake which has made them worry about their safety in the last year.

27% would like further driver training and 14% want clear company policies on circumstances in which they shouldn’t travel.

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Wrong car colour could cost you 10%

July 03, 2012   simon

Fancy that unusual maroon or turquoise shade on you new car? It could cut your resale value by 10% compared to the same car in white. In a study comparing second-hand values to new prices, car valuation experts, CAP, found that white cars typically hold around 5% more of their value than the market average for a used car. In fact, white is the only mainstream colour which generally increases the value of a car. This is quite a change, as white used to cut values, not increase them.
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