Tag Archives: Car Insurance

Car insurance plan is all about creating a new revolution in the vehicle industry

The Indian urban transport system is undergoing a face lift. Many small budget cars such as Nano and others have become very popular among vehicle owners in India. Automobile companies are consistently introducing new cars and motorbikes that meet precise requirements of Indian consumers. However, this has also resulted in increase in the number of car accidents. Vehicle owners are also experience problems with traffic jams, parking space and a lot more. Safety is the major concern.

For safety of vehicle, one needs to buy a comprehensive Car insurance plan. Motor insurance plan is important to cover various dangers a vehicle may encounter. Most of the risks covered include the ones caused by natural as well as man-made calamities. Get a vehicle insured is the primary source of keeping risks away from a vehicle. However, it is crucial to understand more about the best Vehicle insurance companies before investing in a plan.

In India, car insurance plan and the companies are managed by the Indian Motor Tariff. Hence, the cover offered will remain the same regardless of where one buys it from. Additionally, the Car insurance plan is compulsory as per the law. It should also be renewed each year.

There are many things to consider before buying a car insurance plan. One needs to know about the premium rates. The company will ask for records and details such as gender, age, gender, payments made in the past etc. These factors influence the premium rate.

Using quotes will also help in getting an idea on rates and cover facilities offered. Studying the costs and coverage offered by the companies in detail is important.

“Comparing quotes will make sure one gets the best rate and cover facilities offered by various reputed companies in India” states Insurance Experts.

It is crucial to check the reputation of the insurance company prior to buying the insurance plan. The research will help in reaching out to the best company in India.

Accidents cannot be foreseen. Getting a car insurance plan from one of the best vehicle insurance companies such as ICICI Lombard or Bajaj Allianz can help customers ensure car security under all conditions.

Buying car insurance plan from one of the most reputed vehicle insurance companies can help in securing the vehicle and ensure adept financial help in case of an emergency. Buying a car insurance policy after weighing all the pros and cons can definitely help a car owner ensure safety of their vehicle. Moreover, these plans are mandatory for vehicle owners in India by law.

I am renowned Insurance Agent, presently working for the venerated survey company for the contribution of Facts & Figures for the reports & statistics. Previously, I have been active member for many government schemes concerning Auto Insurance in India.

Contact Details: Kerala, 3622902, devikapandit19@gmail.comwww.insuranceexperts.in

 

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Admiral Reveals Prices At The Pumps Fuelling Anger Amongst UK Motorists

Admiral has revealed the results of new research which shows more than 9 out of 10 UK motorists feel ripped off by the current cost of fuel and a similar number are worried that the price of fuel is going to continue to increase.

Car insurance expert Admiral commissioned YouGov to survey more than 3,000 drivers as part of its annual Admiral Survey of Motorists. The statistics showed 93% agree that they feel ripped off and 89% worry that the price of fuel will continue to increase. When questioned as to why they believed fuel costs are so high, respondents overwhelmingly blamed the UK Government, with over three quarters (76%) saying it is most to blame. It was followed by oil companies (41%), world affairs out of the public’s control (25%) and petrol retailers (20%). In fact, 73% agreed they believe the Government is trying to price motorists off the road.

With the average price of fuel per litre standing at £1.40 for unleaded and £1.44 for diesel, the driving public think a fair price for a litre is considerably lower at 92p for unleaded and 94p for diesel according to the research.

Sue Longthorn, Admiral managing director, said: “Motorists are clearly annoyed at the current cost of fuel, and don’t see the price dropping anytime soon. With the proportion of the price at the pumps made up of duty and VAT, it’s clear that motorists see the Government as the biggest culprits when it comes to inflated fuel prices.”

The current cost of fuel is certainly having an impact on the motoring public as over half (57%) have reduced the amount of driving they do due to the cost of fuel while two fifths (40%) have had to cut back on essential spending in order to be able to afford fuel.

Sue continued: “Interestingly, our research shows that some motorists could turn this frustration into action as 42% would consider protesting publically about the cost of fuel. I’m sure no one wants to see a repeat of the scenes in recent years of petrol stations running dry and enormous queues.”

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Drivers Ending The Working Week With A Bang

With research from NRMA Insurance showing Friday is the worst day of the week for a collision, the insurer is calling for drivers to stay alert at the wheel especially as they head into the weekend*.

The insurer’s data showed that collisions on a Friday spiked by 17 per cent above the weekly average and Sunday is the least likely day to have a collision. The peak hour times of 3pm to 5pm during the week are the worst time for a collision and 11am to 1pm on the weekend.

NRMA Insurance spokesperson Damien Butler said the data was a timely reminder to drivers to focus on the road while they’re at the wheel particularly on a Friday and during peak hour traffic.

“People may be starting to unwind for the weekend and be distracted on a Friday, which contributes to them being at higher risk of a collision.

“In the afternoon, drivers may be rushing home from work, hurrying to collect their kids from school or heading away for the weekend and not taking extra care while driving.

“We want to urge drivers to focus on the road, be aware of traffic conditions and to stay calm while driving to help prevent the worst happening,” Mr Butler said.

In the event of a collision, NRMA Car Insurance recommends drivers:

– Stop immediately and give assistance to anyone who is injured;
– Call an ambulance if required;
– Call the police if a person has been injured, the other party fails to stop and/or supply details, a vehicle has to be towed, a driver appears under the influence of drugs or alcohol or there is damage to property;
– Exchange details, including date, time and location, name and residential address of the person involved and the owner of the vehicle, licence and registration details, make and model of the cars involved and insurance details;
– Collect the details of any witnesses and police in attendance; and
– Contact your insurer.

* Based on NRMA Insurance comprehensive motor claims data for the 2011 calendar year.

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Admiral Asks ‘What If Kids Made Cars?’

Admiral recently asked children aged 5 and 7 years of age to draw the car of their dreams before the company enlisted the help of an automotive design student to turn the kids’ imaginative ideas into a design reality.

The resulting design, based on drawings of their ultimate cars incorporates various features from the children’s drawings. The outcome is a car that flies, hovers using blue flame boosters, has heart-shape wheels with extendable legs so it can jump over other vehicles, outdoor speakers and a giant water pistol.

The ultimate kids car is also controlled by a computer, has a sofa bed, curtains, plants for fresh air, a disco ball and of course, a sweet, chocolate, popcorn and ice cream dispenser.

Managing Director of the car insurance specialist, Dave Halliday, said: “As grown-ups, we might spend a fair amount of time dreaming about the cars we’d buy if our budgets allowed, but we thought it would be fun to see the dream car a child’s imagination would come up with.

“We had no doubt their drawings would be terrific and the children certainly didn’t disappoint. The final design is pretty fanciful but it’s still recognisable as a car and looks like it would be great fun to travel in.”

Admiral has put together an online gallery of all the children’s drawings so visitors to the company’s website can see the inspiration behind the final car design. The drawings are online at www.admiral.com/kidsandcars.

Dave Halliday continued: “You might think cars, driving and the topic of motoring is usually the conversation of adults, but that doesn’t mean children don’t have their own thoughts and ideas about it. We also created a hilarious video simply by letting the camera roll and asking children between the ages of 5 and 7 to share their thoughts on cars and motoring.”

The multicar insurance specialist has also released a new video atwww.admiral.com/kidsandcars where kids explain how to drive a car, reveal who’s the better driver in their family, what car they would like to drive and describe what different road signs mean.

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Elephant.co.uk Reveals Research On Problematic Parallel Parking

elephant.co.uk has discovered just how problematic parallel parking is for British motorists. It might seem like a simple, everyday activity, but new research suggests parking is a real headache for many motorists in the UK.

New research by car insurance specialist, elephant.co.uk has revealed one in five (21%) motorists can rarely or never parallel park with three-fifths (58%) giving up and driving off because they haven’t been able to manoeuvre their car into a space. More than one in ten (13%) motorists also admit they avoid parallel parking altogether.

Parallel parking was introduced to the driving test in the early 1990s, but according to the study, it’s younger drivers that have the hardest time parallel parking, despite being the most likely to have been taught in their driving lessons (77%). Almost a third (29%) of drivers aged between 18 and 24 can rarely or never parallel park and are the most likely to avoid parallel parking altogether (16%).

The over 45s are the least likely to have been taught how to parallel park when they learnt to drive, however less than a fifth (18%) say they can rarely or never parallel park. The over 45s are also one of the least likely age groups to avoid parallel parking altogether (12%).

elephant.co.uk surveyed 2,000 motorists and found the average motorist will spend 4 minutes attempting to park their car into a space before giving up. Some motorists, however, spend much longer. One in seven (14%) will spend between 5 and 15 minutes and 1% said they will even spend more than 30 minutes attempting to park their car.

In fact, the research revealed parking is such a struggle for some people they resort to getting someone else to park for them. A quarter of motorists (25%) have got someone else to park their car with 59% asking their spouse or partner, 37% another friend or relative and 4% even asking a stranger.

elephant.co.uk managing director, Brian Martin said: “It doesn’t matter if you’re a new driver or if you’ve been doing it for years, parking can be tricky and parallel parking in particular does seem to be a challenge for many drivers.

“It seems the pressure of someone waiting for you makes the task of parking that much harder. Three fifths (59%) of motorists told us they find it more difficult to park if another motorist is stopped waiting for them to manoeuvre into a space and I can’t help but agree!”

A third of drivers (34%) also said they would like to be taught how to parallel park now given the opportunity with more 18 to 24 year olds, than any other age group, wishing they could be taught again; 40% compared to 34% overall.

To help those motorists who struggle to parallel park and give everyone else a parking refresher, elephant.co.uk has joined forces with Fifth Gear’s Tim Shaw and stunt driver and double British Autotest Champion, Alastair Moffat to share with motorists the key to parking with ease every time.

People can visit www.elephant.co.uk/parking to watch the short film and discover a sure fire way to parallel park every time, no matter what vehicle they’re driving.

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Confused.com Reveals Most Drivers Oppose Road Light Switch Off

Confused.com has revealed that the government’s midnight switch-off of lights on UK roads, implemented since 2010, poses safety risks to drivers. As the shortest day of the year approaches, the car insurance expert reveals that 67% of UK motorists strongly oppose the switch off, with 47% of drivers feeling less confident when driving at night*.

Victims of the switch off currently include stretches of the M1, M2, M4, M5, M6, M27 and M54. These stretches of unlit motorway total 47.4 miles of darkness between the hours of 12 midnight and 5am**. According to Confused.com research, the biggest concerns for drivers are being worried about getting tired (20%) and not being able to see other road users (31%). 60% of drivers also don’t think that road signs are adequately lit at night.

According to research from the Journal of Sleep Research, these concerns are justified. Driving in the dark for just three hours can make drivers drive as badly as when drunk, with performance standards equating to the driver having 0.08% alcohol content in his blood – the national limit. By four and a half hours ‘dark driving’, these levels rise to 0.10%*** – shocking when one in seven people don’t take any breaks during a four-hour journey****.

Although a high proportion of motorists are less confident driving in the dark, the younger generations find a lack of road lighting actually encourages risk-taking, with 27% of drivers under 24 driving faster in the dark, and the same percentage again feeling “more relaxed” to the rules of the road.

Julie Townsend, Campaigns Director of Brake says: “Street lights are an important safety feature on our roads, so it’s not surprising so many drivers are worried about them being switched off. There may be fewer vehicles about at night, but when driving in the dark it’s harder to spot other road users and potential hazards, and you’re more likely to encounter dangers like people drink driving. If we see more crashes as a result of lights going off, it means more families suffering needless deaths and injuries, and it’s a false economy, because these crashes are a huge drain on health and emergency services.”

In a campaign to raise awareness of the risks posed to night drivers, Confused.com is petitioning for the Highways Agency to reconsider its decision to turn off the lights on some of the UK’s motorways and streets. This petition will be presented on 31st January 2012.

Gareth Kloet, Head of Car Insurance at Confused.com says: “Our research shows that drivers find driving in the dark a frightening experience and a reduction in motorway and street lighting exaggerates this. The safety of road users should still remain top priority – the government could even consider alternative measures such as energy saving light bulbs to help keep us safe on the roads this winter.”

To sign the motorway driving petition or to use the Confused.com alcohol units calculator tool visit Confused.com.

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Confused.com Reveals Most Popular Car Choices For Different Star Signs

Confused.com has unveiled the most popular car choices for the twelve signs of the Zodiac.

Aquarians, known for their eccentric streak, are 30% more likely to drive a Peugeot 106 than any other star sign. A Rover 620 is likely to be their second choice, according to Confused.com research.

Pisces, who are often regarded as alluring individuals, are most likely to be seen in a sporty little number. Research shows that drivers of a Mazda 2 Sport are 31% more likely to be Pisceans, who celebrate their birthday from 20th February to 20th March.

Always in search of adventure, the car of choice for an Aries is a Daewoo Kalos or an Alfa Romeo. Taureans widely regarded as cool, calm and collected individuals, which is reflected in the most popular choice of car the Mazda 2 Tamura.

Geminis, described as curious, thirsty for knowledge and mischievous, are most likely to be seen in a Hyundai 130 Comfort than other star sign. Motorists carrying the Cancer star sign are most likely to drive a Vauxhall to complement their caring and sensitive side.

Regarded as charismatic and fortunate, it is no surprise that Leos are more likely to drive a Land Rover than other star signs. The British classic complements their traits perfectly.

Virgo drivers, described as confident, successful and creative, are more likely to drive a Lexus and Scorpions, who are known to be wise, are 40% more likely thanother star signs to drive a Fiat 500, an economical car.

Vauxhall Corsa is the most popular car choice of the thoughtful and happy-go-lucky Librans. Sagittarians are 30% more likely than average to drive a Subaru Optimistic than other star signs.

Capricorns, are most likely to drive a Volkswagen Beetle, the popular car makes a statement, which contradicts their seemingly quiet nature.

Yasmin Boland of www.moonology.com said of the findings: “It’s very interesting to see the research here – there’s no doubt that astrology is a good predictor of so many personality traits, including which car you’re likely to drive,to how many speeding tickets you are likely to get.

“Fire signs (Aries, Leo and Sagittarius) are the speedy people. Water signs (Cancer and Scorpio) are the ones who want safety and comfort. Air signs (Gemini, Libra and Aquarius) are the ones who get the parking tickets because they get so caught up in what they’re doing they forget the time, and Earth signs (Taureans, Virgos and Capricorns) signs which portray a cool persona and easy going people, which they personality is reflected in their choice of car.”

Gareth Kloet, Head of car insurance at Confused.com, added: “A person’s choice of car has always been a topic of discussion and many people make judgments about the car people choose to drive.

“It’s interesting to know that the star sign you are born under can be a trigger to your choices. However, on a serious note, whatever car you choose, road safety is essential. We urge motorists to ensure they are covered adequately with their car insurance and to shop around for the best price.”

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Admiral Issues Winter Warning For Pedestrians

Admiral has revealed more pedestrians are killed or injured in November than any other month*, but worryingly, children in particular aren’t doing enough to make themselves safer and more visible on the roads.

The poll of 1,000 children by the car insurance specialist asked them about their road safety habits and found that less than half (48%) cross the road in well-lit places when it’s dark, just a third (33%) wear reflective clothing and only a quarter (25%) wear anything brightly coloured. Even more worryingly, one in ten (10%) say they do not do anything differently when it’s dark to make themselves more noticeable when it comes to road safety and awareness.

And to potentially put themselves at even more risk, nearly one in ten children (8%) admit to crossing the road while talking on their phones, texting or listening to an iPod/MP3 player and almost a fifth (18%) never follow the Green Cross Code when crossing the road.

Admiral Managing Director, Sue Longthorn, said: “As we move into the winter months it’s paramount to be more aware on the roads as a pedestrian. With fewer hours of daylight, it’s harder for motorists to see pedestrians as it is, but even more so if the pedestrians don’t take precautions to make themselves more visible.

“Children need to switch off their electronic devices, follow the Green Cross Code and make sure that motorists can easily see them when they are crossing the road.”

So, to highlight the importance of the Green Cross Code for the 21st Century, Admiral has put together a video with presenter Angellica Bell, highlighting what dangers exist for children on the roads and how to avert them. It also features Kevin Clinton from the Royal Society for the Prevention of Accidents. The video can be viewed at www.admiral.com/GreenCrossCode.

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Admiral Reveals Tailgating Tops List For Driving Bad Behaviour

Britain’s most annoying driving behaviours have been revealed in a new poll, and it’s the dangerous practice of tailgating that gets British drivers most hot under the collar.

Car insurance specialist Admiral commissioned YouGov to survey 2,500 drivers as part of the annual Admiral Survey of Motorists, and found the aggressive act of tailgating was top of the list, with over three quarters (79%) of motorists saying it infuriates them. Next was not indicating (70%) followed by cutting up (64%) and not paying attention (64%).*

Hogging the middle lane was also irritating (55%), as was driving too slowly (52%), drivers not saying thank you when you give way (44%), speeding (30%), and racing at traffic lights and junctions (22%).

Admiral managing director Sue Longthorn said: “Tailgating is incredibly dangerous, so it’s not a surprise to see how much it annoys motorists. Not leaving enough room should the car in front need to brake can lead to accidents as you need time to react. Some motorists even think it’s acceptable to intimidate the driver in front by driving very close to them, which is totally unacceptable.

“Not indicating and cutting up can also prove dangerous for yourself and other drivers. And there could be other consequences, as if the police catch you, convictions for dangerous or careless driving can range from 3 penalty points on your licence to two years in jail.”

Alongside these annoying driving behaviours, it appears the nation’s roads have become a less pleasant place to be over the years. In fact, 62% of the motorists Admiral surveyed agreed that road users are less courteous than they were five years ago and 69% agree that they get irritated by the lack of courtesy from other road users.

More information on this and the rest of Admiral’s Annual Survey of British Motorists can be found at www.admiral.com/surveyofmotorists.

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The Co-operative Is First Insurer To Reward Safe Young Drivers With Cash Back

• 88% of young motorists will receive an average £102 in cash-back

• This is on top of an average £505 saving on premiums for majority of drivers*

Nearly 90% of motorists with The Co-operative’s Young Driver insurance will see over£100 returned to their bank accounts this month, after proving themselves as safe drivers.

The cash-back is a reward to motorists who have kept to speed limits, avoided excessive harsh braking and acceleration and taken corners carefully since the Young Driver scheme was launched in March.

The insurance product uses ‘Smartbox’ telematics technology to monitor how a car is driven and ‘scores’ behaviours every 90 days. If motorists make the top scores in all four categories (speeding, cornering, braking and acceleration, time of day of driving), they are given a partial refund on their initial premium.**

David Neave, Director of General Insurance at The Co-operative, said: “Insurance has been rising at a disproportionate rate for young drivers, but telematics offers a genuine solution to stop this trend and prevent a generation of young people being driven off the roads.

“We believe that other insurers need to now play their part in finding similar solutions so that as an industry we can offer fairer prices to all young drivers in the UK.

“More than that, we can see that our ‘carrot’ rather than ‘stick’ approach of rewarding motorists for driving responsibly is leading to better driving behaviours. Our scheme is only in its infancy, but if it was taken up on a larger scale it could be a major step forward in improving the safety on Britain’s roads.”

Which? also believes that telematics car insurance policies have great potential to enable young drivers to get on the road and under their own insurance. Dan Moore, Senior Researcher at Which?, said: “Car insurance is very expensive and systems such as the Co-operative Young Driver scheme should help ensure that a new generation of drivers will have access to more affordable cover, and be rewarded for safe driving.”

As well as rewarding safe drivers, motorists who drive consistently badly, for example repeatedly breaking speed limits or taking corners too sharply, will see penalties applied to their premiums up to 20% of their initial policy price. The Co-operative Insurance will also cancel a customer’s insurance policy if they drive at a speed which would result in a driving ban.***

Julie Townsend, Campaigns Director at road safety charity Brake, said: “A huge proportion of deaths and serious injuries on our roads involve young drivers, and many of the victims are young people themselves – road crashes are the biggest killer of this age group. Persuading young drivers to make safer choices is vital in preventing more lives being needlessly cut short.

“We applaud this scheme for rewarding young drivers who stay within the law and drive responsibly, such as by slowing down to give themselves more time to react to hazards.

“This is an innovative and practical way to help young people protect themselves and others. We hope it will help to pave the way to a safer driving culture among young people, and fewer devastating deaths and injuries on our roads.”

The data collected from a sample of 1,300 young drivers shows that nearly four in five (78%) consistently drive within speed limits. It also shows that 40% of males and 41% of females achieved the top score in all categories.

Young drivers are eligible for a maximum annual discount of 11% of the initial premium paid. Based on the driving behaviours shown in the first 90 days, the average discount being rewarded is 8.5% of the initial cost.

The average premium paid by customers with Young Driver insurance is £1,727 before discounts are applied, compared to the average premium of £2,294.****

* Based on online independent research by Consumer Intelligence during June 2011, 51% of under 25s could achieve this saving on their initial premium. Their premium could go up as well as down dependent on their driving score throughout the year. As a result their annual saving could be less than their initial saving.
** Annual refunds are up to 11% of the initial premium paid. The annual discount is applied after the first 90 day period and is adjusted if changes in driving behaviour occur. If premiums are paid annually, a lump sum will be rewarded and if premiums are paid monthly, the direct debit will be adjusted to reflect the saving
*** Only three policies have been cancelled since March 2011
**** £2,294 average premium for 17 – 22 year olds sourced from AA British Insurance Premiums Index, 28 July 2011

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Admiral Reveals The Impact Of Rising Fuel Costs On Motorists

Admiral has found motorists using their cars less and ignoring problems with their cars due to motoring costs.

Half of UK motorists say they have reduced the amount of driving they do due to the rising cost of fuel, while more than nine out of ten feel ripped off by the current price of petrol and diesel. These are some of the findings of new research by car insurance expert Admiral that illustrate how motoring costs are affecting many drivers.

Admiral commissioned YouGov to survey 2,500 drivers as part of the annual Admiral Survey of Motorists. The results reveal the impact fuel prices are having on motorists, with 92% agreeing they feel ripped off by the current cost of fuel.

Sue Longthorn, Admiral managing director said: “With the average cost of a litre of unleaded at £1.36 and diesel at £1.41, our research shows the depth of feeling British motorists have about the high cost of fuel right now. And it seems high fuel costs are actually affecting how much they drive, with 51% saying they’ve reduced the amount of driving they do.”

Admiral also asked motorists what percentage of the cost of fuel they believe is made up of duty and tax and what percentage of it they think would be a fair amount. On average, they believe 64% of the cost is made up of fuel duty and VAT, however they think a fairer amount would be less than half that at 31%. Actually fuel duty and VAT account for around 60% of the total price of petrol and diesel.

But it isn’t just the cost of fuel that’s affecting driving habits; other expenses are having an impact too. 18% said they have ignored a fault or problem with their car because of the cost of repairs. While 15% said they have cut back or stopped servicing their car due to costs, and even more worrying, 8% said they have ignored problems with their tyres due to the cost of replacing them.

Sue Longthorn continued: “It’s a concern that some motorists are willing to drive around with tyres not in the very best of condition. This could cause more serious problems long term and could even cause them to have an accident.”

Despite half of motorists admitting they have reduced the amount of driving they do because of the cost of fuel, they do not expect the rising cost of motoring will result in less traffic. Only 37% said they agreed it would result in fewer vehicles on our roads, compared with 41% who didn’t agree with this.

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Autoquotenow.com Announces Online Auto Insurance Quotes Service That Caters To New Market

With recent economic conditions and changes in consumer behavior, to look for lower rate deals on the web, AutoQuoteNow.com backs up their time tested service with speedy and reliable online insurance quotes.

By simply entering a Zipcode, the portal immediately produces the 2-10 lowest and best auto insurance rates from the top car insurance companies. It also fetches the state requirements about clients’ location the insurance quotes are compared; investigating which ones will work best for them. This provides more security from the coverage in the long run, such as in claiming for a major accident that could really get quite expensive.

The website lets visitors compare the financial ratings of the insurance companies and check their status from the respected financial services and research institutions like Standard & Poor and other reliable critics to help them make an informed decision.

The information database at Auto Insurance Questions & Answer section carries answers to all questions asked by past inquiries and visitors. It helps prospective customers to find a precise solution to their particular situation, and get the perfect insurance coverage. AutoQuoteNow has partnerships with many insurance providers that offer multiple discounts to help reduce the policy premiums.

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M&S Car Insurance Reveals Drivers Take To The Road In New Cars Without Fully Understanding Them

A survey by M&S Car Insurance has found that many drivers will take to the road in their new vehicle without fully understanding how the car works. With many drivers set to pick-up the keys to their new ’10’ registration-plate vehicles on 1st March, drivers are being urged by M&S to get to know their new cars before heading out on the road.

M&S Car Insurance Reveals Drivers Take To The Road In New Cars Without Fully Understanding Them

The M&S Car Insurance commissioned poll found that only 12% of car drivers will fully read the manual before driving off in a car (new or used) for the first time.

When driving a car for the first time over a third of drivers (35%) don’t read the manual at all beforehand, while 51% of drivers will simply flick through it. The research found that women (40%) are more likely to drive a car without reading the manual, compared to 30% of men.

Almost a fifth (19%) of drivers admitted that they work out how to use features such as the windscreen wipers, hazards lights and CD player, as they drive. As a result, only 21% of drivers say they feel very confident that they know how everything works before taking a car out for the first time.

The research showed that, from a list of 10 common issues, the top five features drivers struggle to get to grips with in a car they are driving for the first time are:
– Finding the handle to open the bonnet
– Working out how to use the CD player or radio
– Finding how to alter the seat position
– Locating the headlights switch
– Working out how to use the windscreen wipers

David Wells, M&S Head of Insurance, said: “Whether it’s a brand new car or a used vehicle, most garages should talk you through a vehicle before you drive it away. To avoid taking risks and potentially causing an accident, it is important to take time to familiarise yourself with the features of a car that’s new to you.”

Further information about M&S Premier Car Insurance as well as key features is available by contacting M&S Money or through the M&S Money website.

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Continued Success For ACF Car Finance

The UK’s leading specialist sub-prime car dealer, ACF Car Finance Limited, has reported an increase in demand for its services with the business demonstrating continued success during a difficult period.

ACF Car Finance specialises in helping customers to find the car they’re looking for and in helping to arrange finance at a monthly repayment to suit their budget and circumstances. The market leading company recently reported its highest monthly volume of customer applications, in the last 18 months of trading.

This continues from the success announced earlier this year in January where ACF Car Finance reported the highest number of customer applications ever processed in a single day, demonstrating its healthy trading position and emphasising its market leader status even further.

Norman Beaumont, Sales and Marketing Director for ACF Car Finance, commented: “No company has remained unscathed throughout 2009 as the market has been so unsettled, but there are encouraging signs which improve the outlook for 2010.“We believe that our success is due to a mixture of elements. Firstly the trading environment has changed and competition within the market has decreased, and there is a definite increase in the numbers of customers in the sub-prime and near-prime marketplace. This increase however also means that our customers are now more discerning than ever before and we have had to react to that changing customer profile. By using new channels to acquire vehicles we have been able to meet the new demands, giving customers exactly what they want, by stocking our branches with a wider choice of cars across all price ranges.

“Secondly, we have made a number of strategic business decisions in order to make the company more sustainable. By undergoing certain cost saving initiatives and streamlining the business, the company is leaner than it has ever been before, putting us in a much stronger position within the market.

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Chester Firm In Driving Seat For Children In Need

ACF Car Finance Limited, based in Chester, has shown its support for national charity Children in Need after donating a car to raise funds for the renowned BBC appeal.

ACF Car Finance, which specialises in providing quality used cars and helping to arrange tailored car finance to meet each customers’ individual needs, donated a part-exchanged Vauxhall Vectra for the auction held on the 19th November. The auction was organised by British Car Auctions (BCA) in Walsall as part of the national fundraising campaign taking place across the UK for Children in Need.

The car achieved a fantastic £170 sale price and, as the auction house did not take any fees from the sale, all proceeds will now go directly to the charity.

Leyton Cooper, Group Buying Manager of ACF Car Finance, commented: “We are delighted to show our support for this worthy cause. There was a good auction performance on the night and the car achieved over 140% of CAP average, so we’re pleased that despite the financial climate people are digging deep to give as much as possible to Children in Need.”

This donation is the latest event in the firm’s long line of charitable activities throughout 2009, for a variety of worthy causes including the automotive and partner industry’s own charity BEN.

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The Co-Operative Accelerates Brand To Cover Motor Business

The Co-operative Group today unveiled the latest phase in the rebranding of its family of businesses – a positive change for almost 20 sites in its £250 million motor retailing operation.

The rebrand of 19 showrooms as The Co-operative Motor Group is part of The Co-operative’s £1.5 billion re-branding exercise – the largest in UK corporate history.

The dealerships, which until now, have traded under the Sunwin Motors brand, will be renamed in a move that marks their formal induction into the family of businesses, which includes food, funerals, travel, pharmacy, motors, financial services and legal services. More than two-thirds of the Group’s 5,000 outlets have been rebranded over the last two years.

Mike Austin, Managing Director of The Co-operative Motor Group said: “Sunwin has worked hard to establish a trusted reputation in the Midlands and North of England, and we intend to build on that by adopting The Co-operative’s strong brand.

“This is a name change only but it is the right time to make that change. The relaunch of The Co-operative brand has been a major success, and the financial performance of The Co-operative Group is stronger than ever, as is trust in our brand.”

The first of the Group’s dealerships to be rebranded will be the Renault dealership in Preston on October 27. The rebrand programme will be rolled out to the rest of the dealerships over the next (x) months.

The Co-operative Motor Group, formerly Sunwin, which represents nine major motor manufacturers (Renault, Nissan, Mazda, Peugeot, Fiat, Suzuki, Chrysler, Dodge and Jeep), has reported sales of more than £250 million for the last financial year, and in the space of just over two years it has refitted more than two-thirds of its 4,300 used cars outlets with the new look.

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New Research: The Insurance Industry Foots A GBP1.9 Billion Fraud Bill

•As the insurance industry shoulders a GBP1.9 billion fraudulent claim bill and investigators report a 44% increase in fake motor insurance claims, car insurance stealth charges are also on the up

•Compulsory excess payments have been increased by 32% in the last year from GBP129
to GBP170 – 85% of drivers would pay this charge in the event of an accident

•Drivers with a compulsory excess above GBP500 has increased almost tenfold from just 0.3% to 2.7% – 1.55% of these could pay between GBP1,000 to GBP3,000 to claim

•With over 4.4 million accidents resulting in a claim each year, this GBP41excess increase will make the insurance industry GBP154 million more in the next 12 months

•The number of drivers with a compulsory excess on their policy has jumped by 4% from 81% and currently impacts 21.5 million drivers

•On top of this, the average policy price has increased by 10% from GBP478.70 to GBP526.42 for fully comprehensive cover and almost 13% for third party

As the insurance industry foots a GBP1.9 billion fraud bill and recent reports reveal a 44% increase in false claims, new research from uSwitch.com shows that providers are strategically recouping this money from consumers by hiking compulsory excess charges by almost a third (32%) in the last year. In addition, the number of drivers being hit with a compulsory excess fee of between GBP1,000 and GBP3,000 has increased almost tenfold from just 0.3% to 2.7%. Across the country, this means that in the event of an accident, drivers will now have have to pay their insurer an average of GBP170, a fee which has gone up by GBP41 from GBP129 since August 2008.

With over one in five drivers (4.4 million) claiming on their car insurance each year, insurance providers will now be making an additional GBP154 million more from compulsory excess hikes in the next 12 months. This GBP170 compulsory excess charge combined with the average voluntary excess payment of GBP197 can make claiming for an accident a costly business. In fact, any damage that costs less than GBP367 to repair really isn’t worth making a claim.

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Protect Your Taxi Company with Taxi Insurance

The main source of transportation in big cities such as New York City or Chicago, taxis offer many people the convenience of not having to deal with the responsibilities of owning a car. For a taxi company to thrive, however, it must possess a quality taxi insurance policy to protect not only their employees, but the customers as well. A recently published article on InsuranceAgents.com explains how vital taxi insurance is to a company. To compare insurance rates, fill out this form now.

“Not only are taxis a cheap alternative to owning a car, they also act as our own designated driver after a long night of over-age drinking,” the article, Taxi Insurance: Protection for Your Yellow Vehicle, reveals. “At the end of the day, however, a taxi is first and foremost a business, and any legitimate taxi company needs taxi insurance to protect their business. Operating in an industry that results in over two million passengers injured each year, taxi insurance provides taxis with the assurance that they will be protected in case an unfortunate incident occurs.”

Unlike standard auto insurance, taxi insurance provides a number of coverage options designed particularly for taxis. This includes liability coverage that protects the cab company, the driver, and the company’s assets. It also includes comprehensive coverage against vandalism, theft, fire and other damages caused by an accident.

There are certain requirements a taxi must first meet before even being considered for coverage. On top of functioning as fare-based, taxi drivers must also be between the age of 25 and 65, have a valid driver’s license for more than two years in the United States and possess a clean criminal record.

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Take Action Against Car Title Fraud

Most people were raised with the value of treating others the way they would like to be treated but unfortunately in this cutthroat society we live in these days, that value gets lost and it becomes every man or woman for themselves. Car title fraud is a prime example of people taking advantage of people for an easy profit. However, car title fraud can be avoided by simply performing a vehicle title history check, according to an article recently published on InsuranceAgents.com.

Knowing why car title fraud exists and how it works is an important stop in prevention. “The main reason car title fraud exists is because states lack conformity on what constitutes a ‘salvaged car,’” states the InsuranceAgents.com article titled, ‘Car Title Fraud: An Introduction‘. “There has been a push for the federal government to step in and mandate what is considered a ‘salvaged car’ so there isn’t a discrepancy between states.”

But until the feds step up to the plate, here are a few simple tasks that be accomplished by the purchaser to avoid car title fraud.

-Perform a vehicle title history check online by running the vehicle identification number, or VIN, of any vehicle made after 1981. -Take a pick from any of the numerous Web sites designed to perform accurate and timely VIN checks.

-Purchase car title insurance. This is relatively low cost and can save bundles if the buyer runs into a fraudulent title.

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Breaks From Driving Fuel Accident Rates

New research released by Lloyds TSB Insurance has revealed the serious impact of driving breaks on accident rates, as nearly 100,000 crashes caused last year were by drivers taking to the wheel after a long break from driving.

Lloyds TSB Insurance commissioned road safety experts to test the roadworthiness of licensed motorists who had not driven for six months or more. The results revealed that these drivers made four times as many serious safety errors as regular drivers, worryingly increasing their crash-risk by a quarter.

The insurer estimates that 98,000 accidents last year can be directly attributed to lack of driving practice, causing over £200 million worth of damage. Yet public awareness of the risks is low, with half a million ‘rusty drivers’ planning to take to the road in the next 12 months.

Driver ability in all key areas is impaired, according to the findings, with serious deficiencies in observation (86 per cent), speeding discipline (27 per cent), clutch control (33 per cent) and steering (13 per cent).

Crash risk is also heightened by the length of the driving ‘break’, with those taking to the wheel after a year nearly twice as likely to have an accident.

Despite the experiment revealing no marked difference in performance between the sexes, further research suggests women are more likely to take extended driving breaks than men (58 per cent vs. 42 per cent).

Commenting on the research, Karen McCarthy of Lloyds TSB Insurance, said:

“There is no substitute for practice and anyone thinking of getting behind the wheel after a long break needs to think really carefully about the risks. A simple refresher lesson or practice in a low traffic area can make a huge difference to your confidence and road awareness.”

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