News

• Drivers using their own car for commuting or work purposes need to make sure they have the appropriate level of cover, otherwise they could unwittingly invalidate their car insurance, should they need to make a claim.
• Revised guidance applies to drivers, including key workers, using their own car to commute to work or to drive to different locations for work.
• Volunteer drivers are urged to check their car insurance policy documents to make sure they follow any conditions, such as informing their insurer of their activities.

• 6% of households say they no longer need a car
• The end of the commute - biggest positive from pandemic for 17% of people

• GoCompare offers car owners an MOT for £10
• Offer will help support local garages and remind car owners to renew their MOT
• Car owners driving with an expired MOT could receive a £1,000 fine

GoCompare has found that 16 out of 395 home contents insurance policies go a ‘fairway’ to covering policy holders for post-hole-in-one celebratory costs

Reminder comes as both the value of pets and cases of pet theft are on the rise

• GoCompare Home insurance urges home movers to get in touch with their contents insurer to make sure their belongings are insured between homes.
• Most (76%) home insurance policies¹ which cover house removals, only do so if the contents have been packed and transported by professional removal contractors.
• Moving home can be a good time to shop-around for a better deal on home insurance.

13% have turned hobby into a business or started a side-hustle

• Baking, reading, and home exercising topped the list of boredom busting hobbies.
• Top side-hustles include online selling, home maintenance, dog walking, bicycle courier, tutoring and online classes.
• GoCompare warns ‘Stay at Home’ hobbies and side-hustles may affect home insurance.

• GoCompare Car Insurance outlines factors contributing to depreciation and steps drivers can take to protect themselves.
• Six key factors that influence depreciation rate including, make, colour and fuel type.   
• Guaranteed Asset Protection (GAP) insurance can bridge the difference between a total-loss insurance pay-out and car’s purchase price.

Mobile phone, slippers, kettle – top three items repaired, replaced or upgraded in last 12 months

• 9million¹ UK adults had their mobile phone repaired or upgraded in the last year.
• 21% of adults replaced their slippers – the equivalent of 10.8 million¹
• 7m toasters needed repairing or replacing during the pandemic.
• GoCompare Home Insurance is urging households to check their home contents to make sure their new acquisitions are covered.

• Average of more than 9% increase across the board from four of the biggest providers, British Gas, EDF, Npower, E.ON and SSE*
• These five combined provide energy to nearly two thirds** of UK households
• Some regions will see around an 11.6% increase on their bills

Research finds electric cars DON’T have to cost more to insure than conventional cousins

• Latest figures* from the Society of Motor Manufacturers and Traders show ‘green’ cars outselling diesels for the first time in 2020
• GoCompare research finds that insurer appetite and pricing for electric models varies widely
• Shopping around means electric versions of cars are not always more expensive to insure
• Battery Electric Vehicle (BEV) market share increased by over 400% year on year from 1.6% in 2019 to 6.6% of overall UK car market in 2020
• Around 17% of cars sold in 2020 had some level of electric running capability.

Almost 3 million more motorists auto-renewed policy compared to Feb 2020

• Drivers auto-renewing could collectively be paying £2.1bn more than they need to.  
• Warning comes ahead of one of the busiest months for car insurance renewals.
• New research reveals 24% of motorists allowed their insurer to auto-renew their policy in last 12 months – up from 15%.
• Drivers who allow their insurance to auto-renew without checking prices could each be out of pocket by up to £277.