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Car loan customers reminded of scrappage scheme benefits
Consumers planning to take out a car loan have also been advised to take advantage of the scrappage scheme before it ends next month.
The government’s car scrappage scheme has led to almost 290,000 new car registrations in the UK, it has been confirmed.
With auto sales figures dwindling, the initiative was launched last year to provide consumers with discounts if they exchanged their old vehicles when purchasing newer, more fuel-efficient offerings.
A total of £300 million was originally set aside by the government and a further £100 million was made available in October, although this extra funding has not yet been required.
However, new data from the Society of Motor Manufacturers and Traders (SMMT) have confirmed that the scheme was responsible for 284,479 new car registrations between May and December 2009.
“The scrappage scheme has helped significantly to increase new car registrations in each of the last six months, including a 38.9 per cent increase in the December 2009 market,” commented SMMT chief executive Paul Everitt.
“This has provided an important boost to the UK motor industry and greater confidence for consumers. T Read more…
Ten easy ways to save up to £500 on car cover
Against the backdrop of rising prices (the cost of comprehensive cover rose by almost 14% in 2009), it is more important than ever to become a smart buyer.
The explosion of price comparison websites has made it easier than ever to shop around.
But seeking out a competitive quote is only part of the story. What cover you buy and how you present yourself to an insurer will also make a big difference.
Here are ten easy ways to make annual savings of almost £500:
1. Limit your mileage
The less a car is driven, the lower the risk to an insurer and the lower the premium. Consider insuring for a restricted mileage, especially on a second car that may only be used for local journeys.
Auto Insurance for Teens
If you have a young driver in your home and paying for his or her auto insurance, then you would probably be aware of the expenses that their premiums garner. Age is a very great determinant in the auto insurance rate. Being younger can make your premiums more expensive. For example, statistics accurately describe teens as more prone to vehicular accidents when compared to drivers over the age of 30. Of course, this makes teens more high risk.
Several parents tighten their expenditures when it comes to costs of their young drivers. This goes especially for auto insurance. It even goes higher when a teen has a relatively new model of a vehicle with a lot of installed safety devices.
1M Louisiana Car Owners Face Increased Insurance Rates Since January 1
Since January 1, auto insurance bills rose for over 1 million Louisiana automobile owners due to a law that increases mandated minimum liability coverage.
Many drivers were caught off-guard because auto insurance institutions were not compelled to warn policyholders. This law was approved in 2008.
Jim Donelon, Insurance Commissioner, expressed that because of the current economic crunch, increase in insurance bills comes at a very difficult time especially for consumers.
Protect Your Fleet – Get The Best Business Car Insurance Package
Business car insurance is something that you cannot do without especially if you own a number of company vehicles. Remember that road accidents can result to expensive litigations and if you do not have the right business car insurance, your business could suffer tremendous loses. Now, you need not spend a lot of money on premiums just to keep your fleet fully covered. There are ways to save money on premiums and still get the right coverage for your vehicles.
To save money on your business car insurance, gather quotes and compare prices. Make sure that you get a policy that gives you adequate coverage for the right price.
Getting estimate for your car insurance
What is car insurance estimate and why do people need car insurance estimate? Do people really need to get car insurance estimate? How to get the best deal and discount on car insurance estimate? These are some of the questions many people have about car insurance estimate.
People need to have car insurance estimate because there are many different car insurance agencies offering different policies and different prices. Anyone who does not want to waste money, then getting car insurance estimate is a must to avoid wasting extra money.
There are many different car insurance companies out there.
How to Save Money With Allstate Auto Insurance
Discounts For Safe Drivers!Premier Discount – Qualify if you are a safe driver and accident free within the past 3 years, without any moving violations. During the last 3 years you have also had continuous auto insurancePremier Plus Discount – Qualify if you are a safe driver and accident free within the past 5 years, without any moving violations.
Auto insurance customers urged to get breakdown cover
Drivers must protect themselves fully as the risk of a claim is greatly increased in the current freezing weather, according to MoneySupermarket.com.
Auto insurance customers should ensure that they have breakdown cover as part of their policies in the current wintry conditions, it was suggested today (January 6th).
A ‘big freeze’ has descended on the UK in recent weeks, with heavy snow falling in various parts of the country and temperatures dropping far below normal for this time of year.
As a result, driving conditions on roads are hazardous, particularly with the threat of black ice after the latest round of snowfall this week.
MoneySupermarket.com has now urged drivers to check their policies for breakdown cover, particularly as their vehicles are more likely to experience problems in the freezing weather.
“Comprehensive motor breakdown cover is a must for motorists to avoid being stranded in the cold. Read more…
MoreThan is delaying car insurance claim
This resulted in substantial bills, including taxi hire to a garage, phone calls, additional overnight accommodation, foot passenger fares on the ferry back home and car hire costs on both sides of the Channel.
Our car insurance is with MoreThan.
Our car repairs were no problem, but we are having great difficulty in obtaining reimbursement for the related expenses, totalling £1,293.93, which we are entitled to under the terms of the policy.
Despite an admission of liability from the other driver, I am still waiting for settlement. Mr K.H., St Helens, Merseyside.
Margaret Stone, the Daily Mail’s Money Doctor, replies: MoreThan’s handling of your claim leaves much to be desired.