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News Tag: AA

October 23, 2012

AA reports fall in cost of car insurance

by Jan Harris
AA reports fall in cost of car insurance
The cost of car insurance premiums fell in the third quarter according to the AA British Insurance Premium Index, after rising steadily for several years and flattening out in early 2012. The cost of policies purchased directly from an insurance firm fell by 2.9 per cent in the third quarter but was still nearly 6 per cent more expensive than a ...




July 27, 2012

Average car insurance now more than £1,000

by Jan Harris
Average car insurance now more than £1,000
The average cost of car insurance is now £1,034, breaking the £1,000 barrier for the first time, according to the AA British insurance premium index. Motor insurance is now 8.5 per cent higher than it was a year ago and has doubled in price over four years. In July 2008 the average fully comprehensive policy cost just £509. Young male drivers have been ...




April 27, 2012

Car insurance costs fall

by Jan Harris
Car insurance costs fall
The cost of car insurance is starting to fall according to the AA’s British Insurance Premium Index. The average ‘shoparound’ quote for comprehensive car insurance fell by 1.1 per cent to £1,132 by the end of March. The Shoparound premium is an average of the five cheapest premiums quoted by around 50 insurance providers. Over the year to March 2012 the Shoparound index increased ...




April 13, 2012

Insurers quicker to hike premiums after offences

by Jan Harris
Insurers quicker with premium hikes after offences
Insurance companies are becoming quicker at raising the price of motor premiums when the driver has committed an offence such as speeding or using a mobile phone, according to the AA. Insurers often used to ignore a first SP30 speeding offence, but it is now likely to result in the driver’s car insurance premiums increasing over three years. The AA’s study ...




February 10, 2012

AA launches ‘black-box’ policy for young drivers

by Jan Harris
AA launches ‘black-box’ policy for young drivers
The AA is launching an innovative car insurance policy called Drivesafe which could help younger drivers save up to £850 a year. Younger drivers already pay substantially higher premiums than other motorists and these costs are increasing. A new study by Confused.com suggests insurance costs for younger driver have gone up by 5.7 per cent in a year. Young ...




January 19, 2012

Average car insurance premium nears £1,000

by Jan Harris
Average car insurance premium nears £1,000
Car insurance premiums increased in 2011, despite a fall in the third quarter of the year, the AA reports. Based on its 'Shoparound' price index, which takes the average of the three cheapest quotes from several insurance providers, the AA says that premiums have increased by 15.3% compared with a year ago. The average comprehensive cover has increased by 5.4 per ...




December 12, 2011

AA instant-access account offers 3.2% interest

by Jan Harris
AA instant-access account offers 3.2% interest
The AA has launched an online, instant-access account paying 3.2 per cent interest before tax, which is currently the highest rate available for people who need immediate access to their money. The account will offer some protection from the rising cost of living, without having to worry about tying up savings for a long period. Issue 5 of the AA’s Internet ...




April 7, 2010

AA staff vote for industrial action

by Kay Mitchell
”AA
Workers at motoring group AA have voted in favour of going on strike in a row over pensions. The AA's management wants to put a cap on annual rises in pensionable salaries, to raise employee contributions and also to cut the maximum annual increase in pensions paid. The final-salary scheme is already closed to new members but AA's parent company, Acromas, ...




February 12, 2010

AA Credit Card: 0% on purchases for 10 months

by David Masters
AA Credit Card: 0% on purchases for 10 months
The AA has launched a new credit card with a 0% interest rate on retail spending for 10 months. The card, available exclusively through moneysupermarket.com, offers the 0% rate on all purchases including motoring and fuel. Consumers can also take advantage of a 0% rate on balance transfers for 12 months, subject to a 3% handling fee. The card also provides ...




February 3, 2010

AA workers in strike ballot

by Kay Mitchell
”AA
According to the BBC, workers at the AA may strike for the first time since the organisation was established over a century ago. The vehicle breakdown service, which advertises itself as the fourth emergency service, is in a dispute over pensions and thousands of employees are to be balloted. The GMB union said its members had reacted ''adversely'' to planned changes to their pension ...




October 26, 2009

Car insurance premiums to skyrocket

by David Masters
Car insurance premiums to skyrocket
The AA has told motorists to brace themselves for a sharp increase in motor insurance premiums. Research by the organisation found the average premium for comprehensive insurance has increased by 14% in the last 12 months, the biggest rise in 15 years. Simon Douglas, AA Insurance director, said consumers should expect to be hit by this increase when their car insurance comes up from ...




August 11, 2009

Which? magazine: AA best for breakdown insurance

by David Masters
”Which?
The AA has secured the accolade of Which? magazine's top breakdown provider for the third year running. Customers polled by the consumer advice magazine gave the AA an average rating of 86% for customer satisfaction, level of service, and whether they would recommend the company to a friend. "Holding on to top position for three years running reflects our ongoing investment in ...




July 31, 2009

Motor insurance premiums continue to soar

by David Masters
Car insurance premiums increased 3.5% over the past three months, research by the AA has discovered. The typical quote for annual comprehensive insurance cover now stands at £778.13, according to the AA British Insurance Premium Index. This is 11% more than 12 months ago. Home insurance premiums also increased in the second quarter, up 2.5% on quarter one, to an average of £223.92. AA Insurance director Simon Douglas blamed the rising premiums on "underwriting ...




May 29, 2009

Recession-hit Brits choose homeland holidays

by David Masters
Recession-hit Brits choose homeland holidays
Brits are choosing to holiday in the UK rather than travel overseas, the AA said yesterday, citing record traffic to its online route planner in the lead up to last week's bank holiday weekend. A record four million drivers visited the journey planning website in the week leading up to the bank holiday, an increase of 11% compared to the same week last ...




May 8, 2009

AA predicts ‘Himalayan peak’ in bike theft

by David Masters
”AA
AA Insurance has warned of a 'Himalayan peak' in the number of bikes stolen this summer as the recession makes bicycles an increasingly attractive easy target for thieves. Bike sales have surged in recent months as credit crunched Brits seek cheaper ways to get around town. Meanwhile, June to October is traditionally the busiest time of year for cycle theft, the AA ...




April 1, 2009

Fuel tax rise has been sanctioned, costing average family £54 a year

by Peter Charalambous
”Fuel
There is bad news for Britain’s motorists today as, with immediate effect, the government has increased duty on fuel, adding 2.12p a litre for their petrol and diesel, which will increase the annual tax bill for the average family by £54, according to AA estimates. The AA has been actively campaigning against the increase and ...




March 10, 2009

AA warns against car insurance fraud

by David Masters
”AA
Being 'economical with the truth' when buying car insurance is false economy, motor insurer the AA has warned. Failing to admit to previous claims or convictions is insurance fraud, the AA said, and will result in insurance being voided if the cover-up is discovered. "Not telling the whole truth amounts to fraud and can result in your cover being voided, possible prosecution and ...




March 4, 2009

Anti-discrimination law could double insurance premiums

by David Masters
Anti-discrimination law could double insurance premiums
The AA has lashed out at government plans to make age and gender discrimination illegal on car insurance policies. Premiums could double for some drivers, the AA said, if the Equities Bill, due to be brought to parliament this spring, is extended to cover the sale of insurance. Age and gender are key factors that affect risk and are vital considerations for calculating ...




March 3, 2009

UK drivers want handsfree mobiles banned

by David Masters
UK drivers want handsfree mobiles banned
Seven in ten UK motorists think using a handsfree kit whilst driving is a distraction, according to insurance firm esure. A study by the car insurance provider found that 71% of drivers believe making or receiving a call on handsfree technology is a distraction. Whilst it is illegal to use a handheld mobile phone whilst driving, it is currently legal to speak-and-drive on ...




March 2, 2009

Mobile phone convicts pay more for car insurance

by David Masters
”Mobile
Motorists who have been caught using their mobile phone whilst driving pay higher insurance premiums, research by AA Insurance has discovered. Increased premiums quadruple the cost of being caught, as the average premium increase is around four-times the cost of the standard fine. Meanwhile, drivers found guilty of dangerous driving whilst using a mobile find it difficult to find any insurance ...