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Co-op ordered to make car insurance quotes clearer

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Co-op ordered to make car insurance quotes clearer

Co-op ordered to make car insurance quotes clearer

– Image copyright Getty ImagesThe Co-op has been ordered to provide clearer insurance quotations, after it failed to tell motorists about separate charges for no claims bonuses.The Competition and Markets Authority (CMA) had ordered all insurance companies to split out the extra charges for the additional protection.But the Co-op was the only firm which missed a deadline to do so, in August last year.
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In first adjustment since 1972, bill would require more car insurance – Arizona Capitol Times

In first adjustment since 1972, bill would require more car insurance – Arizona Capitol Times

– In first adjustment since 1972, bill would require more car insuranceSaying Arizonans are one accident away from financial ruin, state lawmakers want to force motorists to buy more insurance to pay for the deaths and injuries they cause to others.Rep. Kate Brophy McGee, R-Phoenix, points out that existing law allows someone to drive a car or truck with insurance that pays for only $15,000 of liability for injuries to any one person in another vehicle they hit, and a total of $30,000 for all injuries and deaths out of the same incident.And their coverage for damages to the cars and other property of others can be as little as $10,000.
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Rush to switch car insurance boosts Moneysupermarket sales

Rush to switch car insurance boosts Moneysupermarket sales

– The growing cost of car insurance has helped to send more customers to the price comparison site Moneysupermarket, as its parent company posted a 20pc surge in revenues in the final three months of the year.Fees from insurance sales soared 30pc to £37.4m in the quarter, as the sharp rise in car insurance prices prompted more motorists to consider switching.The annual price of insuring the average car has risen £95 in the last year to £767, reversing several years of falling costs, according to Willis Towers Watson.
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Why your car insurance premium just rose … again

Why your car insurance premium just rose ... again

– —If you’ve bought car insurance for the past few years, you’ve almost certainly suffered annual increases that have outpaced inflation.Unfortunately, that trend is likely to continue in the year to come.Just how much premiums will rise will vary by the usual factors–who you are, where you live, what you drive, your driving record––but things completely beyond your control may also cause your rates to skyrocket in 2017.
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