The largest insurer in the UK, Norwich Union, has suspended what had been described as a ground breaking form of car insurance that used a black box to track every journey.
The idea was to set premiums based on the risks faced by drivers. This would mean that drivers avoiding rush hour or late night driving would pay less for their car insurance. Norwich Union cited a slow take up of the idea and too few customers as the key factors for withdrawing the car insurance scheme.
There has also been a certain amount of mistrust from drivers regarding the black box. Having every journey monitored is not what Britain is about and there could be situations where a drivers Norwich Union car insurance policy could be negated if a vehicle was seen to be speeding at any time, or even have the data passed to the police. All in all most people feel the withdrawal of the black box idea is a good result and hope that it will not see the light of day again.
According to a new survey by Liverpool Victoria motorists are finding car repairs too difficult to undertake with modern cars.
Around 33 percent of drivers find the lights and information on their dashboards confusing, while some 75 percent feel that, in the event of a vehicle breakdown, they would be unable to repair the car themselves. Such is the way with modern cars that almost 50 percent of people in the Liverpool Victoria survey have no idea what is under the bonnet, since they rarely if ever open them.
The results of the survey highlight firstly the need for breakdown cover since most car drivers need that roadside assistance and also that car insurance cover may well become more expensive as items are not repaired but replaced.
Head to Moneygossip.co.uk for a great price on Liverpool Victoria car insurance.
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.