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Personal Finance

Insurance premium tax should be cut in Spring Statement, say brokers

Insurance premium tax (IPT) should be cut in next week’s Spring Statement to help encourage take-up of policies at a time when living costs are surging, brokers have urged. Insurance is an essential means of managing risk and building resilience in ...

17 Mar 2022 at 10:55

Personal Finance

Over-50s see biggest jumps in their insurance premiums, analysis finds

People aged over 50 were the age group facing the biggest jumps in their insurance premiums in January, analysis has found. The average home insurance premium offered to over-50s increased by 5.8% in the 12 months to January 2022, meaning people ...

28 Feb 2022 at 11:55

Personal Finance

Drivers urged to ‘read the small print’ for insurance exclusions

Motorists risk being left with an unexpected and hefty bill if they do not check their insurance small print for “loopholes”, Which? has warned. The consumer group, which analysed 49 policies from insurers, said it had found some gaps in cover ...

23 Feb 2022 at 01:25

Personal Finance

Motorists paying ‘ethnicity penalty’ for car insurance, says Citizens Advice

A “shocking trend” of people from ethnic minority backgrounds paying hundreds of pounds a year more for their car insurance than white people has been highlighted by Citizens Advice. As part of a year-long investigation, the charity analysed ...

22 Mar 2022 at 01:25

Surge in learner drivers caught without insurance linked to pandemic

Banning driving lessons and tests during coronavirus lockdowns sparked a surge in uninsured learners on Britain’s roads, new figures suggest. Some 14,618 provisional licence holders were prosecuted for driving without insurance in 2020, up ...

10 Feb 2022 at 01:25

Personal Finance

Motor insurance price falls to lowest level since 2015

The amount paid by motorists for insurance fell to its lowest level in more than six years in the first quarter of 2022, according to the Association of British Insurers (ABI). Prices for new policies have increased but renewals have ...

05 May 2022 at 01:25

Motoring News

Misery for drivers as pothole breakdowns hit three-year high

14 Jan 2022 at 01:27

Local News

Donegal motorists paying up to €175 more insurance to cover uninsured claims

287 insurance claims were made due to accidents caused by uninsured and untraced drivers in Donegal over the past five years. And over that same period, the average Donegal motorist will have contributed between €150 and €175 ...

26 Apr 2023 at 15:33

Motoring

Donegal motorists paying up to €175 more insurance to cover uninsured claims

26 Apr 2023 at 14:33

City

Direct Line to pay out £30m to overcharged home and car insurance customers

Direct Line is set to pay out £30 million in compensation to customers who were overcharged when they renewed their car or home insurance. The insurer admitted to an “error” in implementing the financial watchdog’s new ...

01 Sept 2023 at 12:14

Personal Finance

City regulator warns insurance firms to make sure they are offering fair value

The City regulator has given firms producing a type of add-on insurance to motor cover an ultimatum to demonstrate they are providing fair value. Firms that are unable to prove they are providing fair value to their ...

20 Sept 2023 at 16:09

Motoring

REVEALED: The average cost of car insurance for Waterford drivers

Kilkenny have the cheapest annual car insurance on average according to insurance experts Chill. Paying just €541 on average, Kilkenny is the county in Ireland with the lowest car insurance costs. Waterford comes ...

21 Sept 2023 at 17:34

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