It comes as little surprise to anyone that the young drivers on our roads today are being charged much more for their car insurance than their older counterparts. The differences though are considerable.
A study has been carried out by an independent body, looking at the typical premiums being paid to car insurance companies such as Swinton Insurance and others like them. The research has found a difference of 115 percent between the national average car insurance cost and that paid by young drivers. The average figure for the nation is GBP439, while young drivers are paying GBP989. This works out for the young driver at nearly 70 percent of their cars value.
Could this be the reason some young drivers go without insurance it has been asked. In fact some young drivers have even had insurance declined simply because of their age, though Swinton are not understood to be one of the insurers that has done this.
Endsleigh Insurance is warning homeowners that getting repairs and home improvement work done by non-approved people can mean home insurance is not valid, leaving the consumer unprotected.
Should the design or workmanship of a home improvement project be below the typical standard, or if unsuitable materials or tools are used, Endsleigh Insurance will not pay out for any claims made. They, along with many other insurers, will also refuse to pay when structural modifications that have been done on a DIY basis, lead to a buildings insurance claim.
The view of the insurer is that they are basing their premiums on the perceived risk of the property as described. If this changes, through a home improvement project for example, the insurer, be it Endsleigh home insurance or any other, needs to know about it, and to what standard it was done, so they can re-evaluate the risk profile.
Motorists planning to drive in the Republic of Ireland are being advised by the AA to check their car insurance policies.
It is often the case that motor vehicle insurance provides cover at a lower level outside the UK than in it, though many people do not think of Ireland as being outside the United Kingdom. Motorists will usually have third party cover say the AA, rather than fully comprehensive though insurers do differ in their protection so a call is advised prior to travel.
Also important when driving in a different country is the need for breakdown cover. Again some providers will provide it whilst some will not, it is down to the individual company. AA car insurance and breakdown cover does include these overseas options and can be bought at highly competitive prices, get a quote on Moneygossip and check out the best deals available.
