Instead of punishments for not going green the government should use incentives instead says Tesco Finance.
Research carried out shows that around 2 million people already drive an eco friendly vehicle but that is dwarfed by the 21 million who would seriously consider such an option if it was made easier to do so. Tesco Finance found that the cost of buying such a vehicle was prohibitive to many.
The Tesco Finance study also found that those aged 55 and over are the most likely to have gone eco friendly, with 8 percent having a green car. This contrasts with the 34 and under age group where those with an ecologically friendly car is just 4 percent. A Tesco representative saw the research as proof that the nation is happy to embrace green transport as long as it is financially possible for them.
The view of Swinton, the biggest insurance broker on the high street, is that drivers with six points plus on their licence will soon be the norm, categorised as standard.
With the advent of the speed camera and the often scandalously low speeds at which they are set to trigger, Swinton feel it is not right to automatically penalise drivers because of these points. Bearing in mind the fact that approximately six million drivers have points on their licence, which is over ten percent of the whole population of the country, the approach from the insurer seems a very fair and sensible one.
Swinton are taking the view that the driver with six points on their licence today is as safe as the one who had three points five years ago and no points ten years ago. We just hope other insurers follow suit.
The quarterly AA Insurance review of car insurance premiums has found that costs are on the rise again, with the average fully comprehensive policy now costing GBP700.
There has been an increase of over GBP20 compared with the previous quarter said AA Insurance and it is young driver car insurance that has seen the biggest increase, up by more than twice the overall average – GBP45. Along with all the other price rises consumers are seeing this latest one just reiterates how the cost of living is spiralling ever higher.
The best advice upon seeing these results is to shop around said AA Insurance. Look at different car insurance providers, having an increased voluntary excess or removing some of the features that are not needed. Following some of these steps may help keep that motor insurance bill down and save money.
