Tag Archives: ABI

Record Amount Paid Out In Motor Insurance Claims

As you will be aware, it is a legal requirement that you insure your motor vehicle unless it is declared SORN (Statutory Off Road Notification) and the vehicle is kept off the public road system. Well, it is one thing … Continue reading →

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Motor Insurance Claim Payouts Hit Record High

According to figures published by the Association of British Insurers (ABI), the amount paid out by motor insurance companies in the UK in the second quarter of 2023 reached a record level. Whilst it is good to hear that insurers … Continue reading →

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Number Of Motor Insurance Claim Frauds Drop In 2021

According to figures published by the Association Of British Insurers (ABI), the number of fraudulent motor insurance claims fell in 2021 when compared with the previous year. Potentially, this could come as good news for honest motor insurance policyholders as … Continue reading →

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Many Insurers Continue To Support Motorists In The Pandemic

It is pleasing to read that car insurance companies that are members of the Association of British Insurers (ABI) are continuing to give additional support to motorists as a result of the pandemic here in the UK. This will no … Continue reading →

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Average Claimed On Insurance By Car Owners At Record Amount

Whilst it is a legal requirement that we arrange motor insurance, the reason why we take out car insurance is to provide us with peace of mind that should we be involved in a road traffic accident or have our … Continue reading →

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Q3 Sees Increase In Cost Of Claims For Motor Insurance

According to data published by the Association of British Insurers (ABI) there was an increase in the cost of motor insurance claims in the third quarter of 2017. This is potentially disappointing news for the motorist as we may see … Continue reading →

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Another Increase In Motor Insurance Claims Payouts

According to the Association of British Insurers (ABI) there has been an awful lot of money paid out by insurance companies in respect of motor insurance claims in the third quarter of 2017. Unfortunately this may, amongst other factors, have … Continue reading →

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ABI Survey Shows The Cost Of Motor Insurance Still Going Up

The ABI Quarterly Motor Insurance Premium Tracker covering the third quarter of 2016 shows an increase in such premiums in the last 12 months. This is not good news from the motorist’s point of view. In the last year, the … Continue reading →

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Will Automated Cars Be Cheaper To Insure?

Some cars are becoming more automated as far as driving them are concerned such as having automated braking systems and a system to do with lane assistance. However, is it likely that vehicles that are going to be fully automated … Continue reading →

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ABI’s Motor Insurance Premium Tracker Reveals Rise

The Quarterly Average Private Comprehensive Motor Insurance Premium Tracker produced by the Association of British Insurers (ABI) covering the first quarter of 2016 has revealed that the cost of such cover has risen by an average of 10% when compared … Continue reading →

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