Admiral car insurance has warned car drivers that they could see their premiums 5 percent higher by the end of this year.
In the first half of the year insurance premiums have risen by around 2.5 percent according to data collated by Admiral, with a similar level of increase expected in the second half of the year. On the back of all the other price rises that are hitting consumers there appears to be no escape from rising costs.
What seems to be happening is that the cost of car insurance is going up even though the number of claims is relatively unchanged. Admiral suggest that it may be the increasing cost of repairs that is forcing premiums up.
In a somewhat surprising comment Yes Insurance have asked for fire engines to be yellow rather than the traditional red.
The request comes following the insurers research in to vehicle colours and how safe they are, research that supplements other studies already carried out. Yes Insurance found that lime yellow is one of the safest colours on the road thanks to its high visibility both at night and day plus in poor weather, when it cuts through poor visibility better than any other.
A further reason Yes Insurance asked for the red paint to be swapped on fire engines for yellow was that red can often be perceived as black when it is dark, plus red is quite hard to see from drivers peripheral vision. These two issues are quite serious for an emergency vehicle that is often out when it is dark and also tries to get through traffic from all angles.
Research from AA Insurance has found that around 22 percent of people in the UK are intending to take a holiday in Britain this year in order to cut down their costs of travel.
It appears that the rising costs in all aspects of travel are making people think about alternatives to try and reduce their expenditure. This has also driven more people to look at smaller vehicles to save money that way. There can also be insurance benefits in this, as well as better fuel economy said an AA Insurance representative.
As with all things the key is to find something that is suitable, so making sure there is enough room for people, that the engine can deliver the performance needed for regular long journeys and so on. AA Insurance see claims for all sorts of issues relating to unsuitable vehicles, so ensuring it is fit for the job it will have to do is paramount.