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Welcome to Expert Car Insurance News. Here you will find all the latest information concerning the motor insurance industry.
Posted February 2007
Young drivers turn to co-ownership to afford their first car
Just like the housing market, the costs of buying, insurance, and
running a car for the first time is proving too much for many young motorists.
Direct Line car insurance has found that 12% of young drivers have pooled their
finances with either family or friends in order to afford their first vehicle.
With the running costs alone coming in at approximately £2000 for the first time
insured young driver, the economic strain can be too much for one to afford.
There are in the region of 2 million young drivers that that have taken the co-ownership option, which is approximately 6% of all motorists, to get them mobile, when alone they wouldn’t have been able to find the money. Quite apart from the obvious effect on the bank balance, the research also shows these young motorists are also motivated by ‘green’ issues. Of those that currently share a vehicle 23% said that they shared because it’s more environmentally friendly, with each person responsible for only half of a one car’s worth of manufacturing energy costs and pollution. 14% also said that they believed it would help reduce road congestion, in that they couldn’t both be driving at the same time. This is supported by the fact that 82% of all motorists believe that the continuing high personal carbon footprint caused in large part by vehicle emissions is a growing concern. Direct Line said that their policy of permitting named drivers to earn their own no claim discount was of significant assistance in this circumstance, so that the second driver will have earned a discount on what can be otherwise prohibitively high car insurance costs. Posted February 2007 First Class van insurance from the Post Office The Post Office has recently been trumpeting its van
insurance deal as one of the best on the market with plenty of top class
benefits and options. The cover boasts a ‘keep you on the road’ option of a
replacement van of a similar class to your insured vehicle if yours is off
the road due to an accident, for up top 7 days whilst your van is repaired. Posted February 2007 Disagreements while driving are a point of contention Direct Line car insurance says drivers are placing themselves at risk from an unexpected cause. There are many couples that spend a lot of their journey time together arguing, and as a consequence, not concentrating properly on their driving and placing their lives and those of other road users in jeopardy. They found that almost 75% of couples owned up to bickering whilst in the car, with 70% saying that the driving ability of the other person was the most likely thing that they would be arguing about. Women, when asked the subject that sparked off the disagreement, 44% said it was that their partner had been unnecessarily critical of their driving ability. This matched very closely the percentage of men that believed that men were inherently superior drivers. In contrast most men said that the reason for arguments in the car were down to their partner being unable to read a map and give accurate directions. From the road safety point of view 60% of the couples surveyed agreed that their disagreements had a detrimental effect on the driver’s concentration on the scene through the windscreen and around 12% admitted to the bickering causing them to speed in frustration and annoyance. A Direct Line car insurance spokesperson said that we all vary in our driving techniques and perhaps as a passenger we should think twice before offering an opinion on the drivers capabilities. If we don’t we may contribute unnecessarily to a lapse in concentration that could cause an accident. February 2006 to March 2006 News Articles January 2006 to February 2006 News Articles December 2005 to January 2006 News Articles August 2005 to November 2005 News Articles April 2005 to July 2005 News Articles May 2004 to December 2004 News Articles March 2004 to April 2004 News Articles
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