Category Archives: General

Changes to EU Gender Directive due this week

As of this Friday (21st December 2012), it will be illegal for insurers to offer different premiums to men and women based on their gender alone. Insurance companies have slowly been phasing their price changes in recent weeks, with new … Continue reading

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Young driver reforms proposed by ABI this week

The Association of British Insurers (ABI) released a report yesterday entitled “A safer start for young drivers” in which it calls for an overhaul in how young people learn to drive. The main proposals put forward are as follows: Learners … Continue reading

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Car insurance market in ‘turmoil’ according to AA chief

Some car insurance companies are slashing prices in a land grab for new customers, whilst others are having to raise prices to compensate for losses, according to AA Director of Insurance Simon Douglas. “Competitive pressure is leading some companies to … Continue reading

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Competition Commission study lined up for car insurance industry

The car insurance market has been labelled ”dysfunctional” by the Office of Fair Trading this week. An estimated £225m is added to UK motorists’ insurance premiums by inflated replacement car hire and repair costs, it said. With no quick fix available, a … Continue reading

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Black box insurance recommended for young drivers by Transport Secretary Justine Greening

Everyone knows that car insurance is expensive if you’re young. The problem has only been growing in recent years, but the emergence of ‘black box’ insurance policies in the past 6-18 months has offered a glimmer of hope. Transport Secretary … Continue reading

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Car insurance prices remain steady

According to the latest report from The AA, car insurance prices in the UK are unchanged since January 2012. The average cost of insurance for British drivers is £1,542. Prices rose by up to 40% from 2010-2011, but the rise … Continue reading

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Petrol prices set to rise following 2012 Budget announcement

Fuel prices will increase by 3.02p per litre from August 2012 after George Osbourne refused to freeze prices. It’s likely to push prices to £1.45 per litre, and £1.50 for diesel engines. The following graphic from The Daily Mail shows … Continue reading

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Car insurance for young women set to soar under EU ruling

The Labour Party revealed statistics from the Treasury this week, warning that female driver premiums will increase by £362 on average at the end of this year. The rise in car insurance prices will be caused by the EU Gender … Continue reading

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About the old 20 group insurance rating system

Here at CIG we’ve been getting a lot of questions asking about the 20-group insurance rating system and what happened to it. So in this blog post we hope to clear things up! From 1992 until 2006, the Group Rating Panel … Continue reading

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Survey reveals young driver insurance frustration

73% of young drivers under the page of 25 claim their social lives are being adversely affected by high insurance costs, according to a survey this week by broker Swinton. Here are some of the key findings from the 2,900-strong … Continue reading

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