Insurance

tractor

Which job has the most expensive insurance?

Workers across the farming industry pay some of the highest premiums for insuring their personal vehicles, according to new data from a motoring insurance comparison website. Quotezone.co.uk found annual average premiums for farm managers are £697, agricultural engineers pay £819 and tractor drivers £832. But it is farm workers who have the highest premiums at …

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price-rise

An extra £139 to insurance if you have a driving offence

Committing a driving offence adds £139 to your car insurance costs, according to new research by price comparison site, MoneySuperMarket.  The research, based on nearly six million car insurance enquiries from MoneySuperMarket, combined with driving licence data from the DVLA, shows car insurance premiums rise the more offences are committed. A second offence increases premiums by …

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abandoned-car

Cancel the insurance or reduce coverage to save money

Canceling or suspending your car insurance saves money if you have an out-of-use vehicle. However, if you lease or are financing your car, your lender may require coverage — so you can’t completely cancel car insurance, even if you aren’t driving.  Also, if canceling now means you will have a lapse in coverage, your premiums could …

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research

Top Factors That Influence A Person’s Risk Profile

Car insurance is based on the risk a driver poses for an insurance company. Insurance companies rate drivers and place them in 3 main risk categories: high-risk, standard, preferred. The main factors that can affect a driver’s car insurance rates are the following: The driver’s address. The place where a driver lives is important for …

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mistake

car insurance mistakes that could be costing you £500 a year

Some motorists are being penalised for making two very simple mistakes with their car insurance – and each one could cost you £500. Drivers are being warned to watch out for extortionate APR on car insurance as it’s revealed paying monthly could work out almost £500 more than if paid in one lump sum. Research …

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