25 September 2015
Could a New App Cut Your Car Insurance Premium?

Could a New App Cut Your Car Insurance Premium?

motor trade used carsAcross the UK Brits rely on motor vehicles to get them from A to B. However unfortunately for motorist bank accounts, petrol and car maintenance aren’t the only costs associated with owning a vehicle. Car insurance is an absolute must though it definitely doesn’t come cheap. What’s more, responsible drivers are often forced to pay the same premiums as their reckless counterparts… until now.

Thanks to the launch of a brand new smartphone app that actively monitors driving behaviour, motorists could now enjoy the opportunity to lower their premiums if they receive a high enough score.

Technology takes to the roads

Developed by Octo Telematics, Octo U uses GPS technology to build a driver risk profile based on a handful of factors. Acceleration, braking and cornering are all taken into account to generate a score which can be used to convince insurers a driver is eligible for a low risk policy. Not measuring up? No worries! The app continuously updates profiles and when a high enough score is achieved drivers can seek out a personalised discounted motor insurance quote.

Safer roads for all

For the UK as a whole the app is a fantastic opportunity to transform the reckless driving behaviours that are responsible for so many accidents, injuries and fatalities. Road safety charity Brake is an avid supporter of the app and maintains that technology such as Octo U is the key to making British roads as safe as possible.

Dr Tom Fisher of Brake explains, “Changing driver behaviour is crucial in reducing collisions and helping all road users to make safer choices at the wheel; in-vehicle technology is an invaluable tool in informing and improving driver behaviour.”

Fabio Sbianchi, CEO of Octo Telematics also stresses that the app is a great opportunity for insurers to cash in on data regarding their policy holders. “By downloading the app, motorists are buying into the concept of telematics at an entry-level. This doesn’t replace black box technology, but opens the door for insurers to introduce a wider range of policies and services based on a clearer picture of the type of driver they are,” he says.

Want in on the action? Octo U is available to download for free from the Apple App Store for iPhone and the Google Play and Amazon Kindle stores for Android devices.

21 September 2015
Most Common Reasons of a Breakdown

Most Common Reasons of a Breakdown

Picture the scene: you’re on the road heading to a friend’s wedding, a daughter’s birthday, a crucial business meeting or some other must-not-miss event. Suddenly, your engine begins to splutter and before you know it, you’ve pulled up at the side of the road with a car that won’t start and a party, meeting or other event that you’re definitely going to miss.

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7 September 2015
Tax Hike Set to Push up Car Insurance Premiums

Tax Hike Set to Push up Car Insurance Premiums

car insurance tax hikeCar insurance premiums are set to rise over the next few months, after the Chancellor George Osborne announced an increase in Insurance Premium Tax (IPT). The tax hike will see IPT go from 6% to 9.5% in November, and it applies to pet, mobile, contents, building and car insurance – with 19.6 million people affected by the motor insurance increase in particular.

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28 August 2015
The Car Insurance Age Debate

The Car Insurance Age Debate

Pensioners car insuranceA debate has once more been ignited in the world of car insurance, after actress Sheila Hancock contested an insurance premium price hike that she claimed was prejudiced against older drivers.

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21 August 2015
The Most Ridiculous Insurance Claims You’ll Ever Come Across

The Most Ridiculous Insurance Claims You’ll Ever Come Across

funny insurance claimsInsurance is a blanket to fall back on when things in life don’t go according to plan – but there are limits to it! Whether it’s travel, car or life insurance, always make sure you read the small print so you know exactly what you are and aren’t covered for. Insurance companies have all sorts of claims which they have to decide worthy or not of compensating. With insurance fraud on the rise according to the Association of British Insurers, it’s no wonder insurance providers and hasty to pay out.

This lot however, are taking the biscuit with their insurance claims! Read on for some of the most preposterous claims you’ll ever see, and find out if the individuals involved received any money from their insurers.

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17 August 2015
Lucky Escape for the Driver of a Car Who Crashed into Roof of House

Lucky Escape for the Driver of a Car Who Crashed into Roof of House

Durban-driver-crashes-through-houses-roofA driver in South Africa and an unfortunate sleeper have both had a very lucky escape after a freak car accident. As you can see from the image, the car in question ended up crashing through the roof of a house, and was trapped vertically with the end of the car poking out of the roof.

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20 March 2015
 
 

Six Steps To Cheaper Car Insurance Quotes

SavingAs fuel prices plummet motorists have received welcome respite when it comes to filling up the tank. Yet according to industry analysts this has also translated into more time spent on the roads – which equals more accidents and higher insurance premiums. As such, motorists are now looking to save on car insurance wherever possible. To help you out we’ve put together some of our top tips that are sure to push down your premiums.

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16 March 2015
 
 

Revealed! McLaren Honda’s New F1 Monster!

F1 supercarAs the 2015 F1 season kicks off McLaren and Honda have partnered up to launch a brand new supercharged MP4-30 race car. Sleek, streamlined and eye wateringly fast, the new set of wheels is the latest development from the world famous super team boasting eight world championships and a total of 44 victories!

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16 February 2015
 
 

Introducing the world’s fiercest F1 drivers

female driver driving a carFormula One shines the spotlight on male drivers however there are also some electrifying females who have made race track history! If you want to know more, read on for a list of the six fabulous female drivers who have participated in Grand Prix events over the past 57 years!

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2 February 2015
 
 

Unveiling this year’s most anticipated F1 cars

Formula One MeshIt may be the middle of winter but things are heating up in the Formula One sphere as the world’s leading teams get ready to lift the lid on their hottest new cars. If you love to keep up-to-the-minute with all the latest F1 news read on for a glimpse at five of the most exciting new wheels set to hit the tracks in 2015.

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