Tesco Finance has introduced a range of vehicle warranties to its list of products, with prices starting at less than GBP10 per month.
The new Tesco Finance car warranty products enable customers to protect against car repair bills and can be used on most cars up to 10 years old, with mileages of upto 100,000 miles. The warranties cover most main mechanical and electrical problems and comes in three variants – starting with Value, then Standard and on to the Tesco Finest option.
Customers can now rely on Tesco Finance for peace of mind in yet another area of financial management and with the cost of car repairs rising as they grow more sophisticated a vehicle warranty product makes a lot of sense.
Technology is not always right is the message being sent out by car insurance companies such as Direct Line, suggesting drivers should not take the advice of the system blindly.
There have been many occasions when drivers have followed the route given to them by a sat-nav system only to find themselves heading down narrow farm tracks and through deep water. They carry on regardless though feeling that the satellite navigation system cannot be wrong. A big mistake say Direct Line since they have seen an increase in claims because of situations just like these.
If the situation continues then car insurance premiums are sure to rise, a scenario no one wants to see. Direct Line and other car insurance providers have to increase the premiums because of the extra costs they face so it is down to the drivers to make sure they use sat nav as an aid, trusting their own driving knowledge first and foremost.
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.
