Tag Archives: Car

Your Employment Status Is Important When Applying For Car Insurance

EmploymentWhen you apply for a quote for car insurance, whether it is direct with the insurance company, through a broker like ourselves or via a price comparison website, you will be asked a number of questions to assess the risk you present to the insurer of making a future claim and to provide you with a quotation for the cover you require. These questions include things like your age, marital status, where you live, make and model of car, where the car will be parked overnight, how many miles a year you drive, what you will use the vehicle for, whether you have any driving convictions or claims and your employment status.

MoneySuperMarket.com has done some research into the impact employment status may have on how much you will be quoted for your motor insurance that makes for interesting reading so we thought we would share with you some of the results that is based upon data in January 2018. It just shows how important it is that you provide accurate information in this respect as far as how much you will be quoted for your cover.

If you are a housewife then the average premium was £563.04 per annum. However, if you mistakenly stated on the quotation request form that you were unemployed then you can expect to pay, on average, an extra £146.39 per annum. That is an increase of 26%.

If you are a student then the average premium was £1,327.87 per annum. However, if you stated by mistake that you were a mature student living at home then you can expect to pay, on average, an extra £92.95 per annum. That is an increase of 7%.

If you are retired then the average premium was £265.66 per annum. However, if you made an error and stated that you were unemployed then you can expect to pay, on average, an extra £98.29 per annum for your cover. That is an increase of 37%.

If you are a student then, as stated above, the average premium was £1,327.87 per annum. However, if you stated incorrectly that you were unemployed then you can expect to pay, on average, an extra £677.21 per annum. That is an extra 51% which we are sure you will agree is a huge difference.

As you can see, as stated earlier, it is vital that accurate information is provided when applying for a quotation for car insurance or indeed any form of insurance as deliberately providing false details has a number of potential implications including the insurance company refusing to pay out in the event of a claim.

If you require a quote, perhaps because your existing policy is shortly coming up for renewal or if you are a young motorist looking for cover to insure your first car, then why not get in touch with us here at AIB Insurance on 02380 268 351 and speak with an experienced member of our team who will discuss your requirements and obtain one or more competitive quotations for your perusal and consideration without any obligation. We look forward to hearing from you.

Car Insurance Premiums Reduce In Q2 2018

Fiesta Motorists will be pleased to read that premiums for fully comprehensive car insurance have, on average, fallen in the second quarter of 2018 when compared to the same period last year.

According to the Confused.com Car Insurance Price Index that is produced on a quarterly basis the average amount paid for the above level of cover in Q2 of 2018 was £752 per annum. Twelve months ago, the premium was £847 per annum so there has been a drop of £95 with this equating to a fall of 11.2%. That is a significant reduction.

It is interesting to read in the above report that those motorists who merely renewed their car insurance with the same insurance company ended up paying, on average, an extra £49 per annum for their cover when looking at data covering the second quarter of this year. This just goes to show how important it is that motorists should shop around when he or she receives their renewal quotation from their existing insurer to try to get a better price elsewhere for the same level of cover.

As you are probably aware, it tends to be the young, inexperienced driver who pays more for their car insurance than others and that is not surprising. However, it is interesting that the above report reveals 17 year olds have, on average benefitted from quite a drop in the cost of insuring their cars when comparing Q2 of 2018 with Q2 of 2017. They have seen premiums fall by an average of £403 per annum to an average of £1,889 per annum. This is even lower than that being paid by 18 and 19 year olds with the former paying an average of £2,052 per annum and the later an average of £1,893 per annum. A reason for the drop could be due to an increase seen in the number of insurance companies offering telematics (black box) car insurance.

Those premiums are significantly higher than the average paid by older motorists for comprehensive cover: –

34 year old – £664 per annum

51 year old – £647 per annum

68 year old – £496 per annum

On a regional basis, Northern Ireland has seen the biggest fall in premiums with premiums dropping on average from £1,059 per annum to £894 per annum between both quarters. That is a fall of £165 per annum equating to 16%.

On a more local basis, motorists living in Inner London saw their premiums reduce by an average of £179 per annum. That may be good news for many but they are still paying more than an average of £1,000 per annum for their cover with this being the only place in the UK that this is happening.

We are sure motorists would agree that it would be lovely to see the cost of insuring their cars continue to fall.

If your cover is coming up for renewal then why not contact us here at AIB Insurance on 02380 268 351 and we will be pleased to discuss your requirements and obtain a free, competitive quotation from our extensive panel of insurers without any obligation.

High Percentage Of Tyre Treads Below Recommended Limit

Tyre As a motorist, you will hopefully be aware that the tyres on your car plus the spare wheel must have a tread depth of at least 1.6 mm to make sure that they are legal. However, the recommended minimum tread depth on a tyre is considerably more at 3 mm.

Research shows that the stopping distance increases significantly when comparing a car that only has a tyre tread depth of 1.6 mm than if the tyres had a tread depth of 3 mm.

According to a Road Safety Factsheet published in October 2017 by The Royal Society for the Prevention of Accidents. Back in 2016, there were 120 serious injuries and 8 deaths due to road traffic accidents believed to have resulted from either under-inflated, defective or illegal tyres.

Well, you may find it of interest to read that some research has been conducted on behalf of the price comparison website Confused.com relating to tyre tread depths between the 27th March 2018 and the 29th March 2018 and the information revealed will no doubt concern you.

The research was undertaken in 10 cities in the UK with 100 vehicles being spot checked in each city making a total of 1,000 vehicles. The cities in which this research was carried out were Birmingham, Brighton, Bristol, Cardiff, Edinburgh, Ipswich, Leeds, London, Manchester and Newcastle.

Of those vehicles inspected, 20.9%, over a fifth, were found to have a minimum of one tyre that had a tread depth of under 3 mm. Even more worrying was that 3% of vehicles checked were found to have at least one tyre with a tread depth of below 1.6 mm.

Edinburgh had the highest number of vehicles that had a minimum of one tyre with a tread depth of less than 3 mm – 27%. Manchester was in second place at 26%. Birmingham was in third place at 23%. Brighton and Newcastle were in joint fourth place at 21%. Bristol was in 6th place on 20%. Ipswich was in 7th place on 20%, Cardiff and Ipswich were in joint 8th spot on 19%. In 9th place was Leeds on 17% and in 10th spot was London on 16%.

In joint first place for having at least one tyre with a tread depth of less than 1.6 mm were Ipswich and Newcastle on 5%. In joint third place were Edinburg, Leeds, Manchester and Brighton with 4%. In joint seventh spot were Bristol and London on 3%. In ninth place was Cardiff on 2% and in tenth spot was Birmingham with 0%.

You may or may not be aware that there are severe penalties for being caught with a tyre that has a tread depth of below the legal limit of 1.6 mm. You could receive three penalty points on your driving license plus a fine of up to £2,500 for every illegal tyre. This in turn could lead to an increase in your car insurance premiums. So, you may wish to have the tread depth on all your tyres checked to make sure that they are satisfactory.

Daimler Parts Unearthed In Back Garden

If you are doing a bit of digging in your back garden you expect to come across a few small stones, maybe some pieces of glass or perhaps a broken brick or two left by the builders. However, what you do not anticipate coming across are parts of a classic car believed to date back several decades.

Well that is exactly what a couple of people over in Guernsey discovered whilst shoveling soil, rubble and rocks in a back garden A gentleman by the name of Brian Russell and his daughter called Tracy Ward must have been somewhat surprised to unearth various parts of a classic car – a Daimler no less.

Pieces of metal came to light including a bumper for the front of a car, a chassis and window frames as well as a variety of other car parts. In fact, Mr Russell believes that there are other parts of the Daimler that remain buried beneath the ground.

 

 

 

It is possible that the classic vehicle may date from the 1940s to 1950s so it is quite an age. It certainly begs the question as to why someone would bury such parts under a rockery. Who knows what the vehicle’s history is. Do the car parts have any monetary value? Perhaps there is someone in the locality who can shed some light on how it came to be there?

It will be interesting if anyone expresses a wish to take possession of the parts. Will it be possible to re-build the vehicle using the car parts that have been and are yet to be discovered? Presumably, many of the metal parts will have deteriorated over the years due to the conditions they have found themselves in possibly for a number of years. It has to be said that this is a little different to a barn find that tends to happen more frequently than the discovery of a car underground.