Drivers who omit to mention previous drink driving convictions could well find their car insurance is invalid should a claim be made say Norwich Union.
A Norwich Union representative understood that a conviction for drink driving would increase a drivers car insurance premium considerably but by choosing not to declare it at all would cost much more when the cover was deemed invalid. Such a conviction would certainly come to light when a claim was made so it is in the drivers interests to declare it upon buying the insurance cover.
Should a person be found not to have declared something such as this and then had their cover terminated this information would be held on a central car insurance database explained Norwich Union, which would increase the premium still further.
Elephant Insurance have been asking Mini drivers to compare their current insurance deals with what Elephant can offer.
The online insurer are making the suggestion because of the recent price reductions on the Mini, with new models enabling Elephant to re-band some of the popular cars, leading to potential savings of ten percent or more.
A couple of specific examples are the Mini One Sidewalk, which is now in group six compared with its previous group seven rating, and the Mini Cooper Sidewalk, now a group nine car rather than group ten.
The new Mini has been a highly successful seller since its launch, and these new classifications are sure to help it maintain its popularity, especially with younger drivers who appreciate the style of the Mini and can also appreciate the savings they can now make on their insurance premiums with Elephant.
After a study of the data gained through the Tesco car insurance comparison site it has been found that car choice is determined a lot by the age of the driver.
The typical Jaguar driver, for example, is 47 years old, whilst if it is a Mercedes then they will be, on average, 43. Moving down a little on the age groups, Volvo drivers tend to be around 42 whilst Porsche drivers, specifically of the 911, Boxster and Cayenne will be around 40 years old.
These marques are only a small sample from the full list, but one thing that is immediately apparent is that, with the average value of these cars higher than the general runabout drivers may well need to be 40 plus in order to get car insurance cover at a reasonable premium, from Tesco Finance or anyone else.