The insurance industry, long known for its traditional approach and reliance on actuarial tables, is undergoing a seismic shift. At the forefront of this revolution is artificial intelligence (AI), injecting unprecedented levels of automation, accuracy, and personalization into every facet of the business. Let’s delve into how AI is impacting the insurance landscape, creating a future that is both efficient and customer centric. Transforming Underwriting: Risk assessment redefined: AI algorithms can analyse vast datasets of driving records, weather patterns, property features ..read more

For many UK residents, the recent surge in insurance premiums has felt like a cold winter wind blowing through their finances. Whether it’s car insurance skyrocketing by 50% or home insurance creeping up steadily, the question on everyone’s mind is: why? A Perfect Storm of Factors: The blame for this price hike lies not with a single culprit, but rather a confluence of factors creating a perfect storm in the insurance market: Rising Costs: The cost of everything from car repairs to building materials is on the rise, thanks to inflation and supply chain disruptions. This transl ..read more

Winter’s icy grip can wreak havoc on both your car and home, potentially leading to costly insurance claims. But fear not, intrepid homeowners and drivers! By taking proactive steps, you can significantly reduce the risk of damage and keep you and your insurance company happy. Home Sweet (Winter-proofed) Home! Roof and gutters: Ensure your roof is free of debris and in good repair. Clean gutters regularly to prevent ice dams and potential water damage. Pipes and plumbing: Insulate exposed pipes, especially those in crawl spaces and attics. Drain and insulate outdoor t ..read more

Green Card no longer required for driving in the EU Post-Brexit, it had previously been a mandatory requirement to have a green card to drive in the EU. It was used as a way to prove that your car was insured to drive abroad. However, after a new ruling a green card will no longer be necessary. The rule came into force on August 2nd and will be applicable to both personal and commercial vehicle users.  It will help reduce bureaucracy for drivers and road hauliers travelling between the UK and EU and is welcome news for many motorists. In pre-Covid times, 2.6 million UK motorists including ..read more

Biggest fuel rise in 5 years  The price of fuel has hit its highest point in 5 years and has soared by almost 20% in a year. At an average of £1.30 per litre, it is 22p per litre more expensive than this time last year. This has left motorists paying £8 more for a full tank. It is claimed fuel retailers could be charging more to make up for lost sales during the pandemic. However, the speed of the price rises at a time when drivers are beginning to travel much longer distances is an unwanted post-lockdown shock for motorists. How to find cheaper fuel Following the sharp rise in fuel price ..read more

At City Insurance we provide competitive insurance for drivers recently involved in accidents or with motoring or criminal convictions. Cover we provide cover for includes; drink driving, drug driving, driving without insurance, speeding bans, plus much more. Whatever your driving history, we are confident of finding you a competitive quote. Any drink driving conviction can be covered and we will use our years of experience to tailor your policy to reduce your costs.   Below is a guide explaining the most common offences. Common Drink Driving Offences  The following drink driving off ..read more

More than 90,000 drivers on the brink of losing their licences New DVLA figures show that Britain has over 90,000 motorists with between 9 and 11 points on their licence. Consequently, all of these motorists are just one offence away from having their licence taken away. Any motorists who accrue more than 12 points on their licence at a given time face a ban. In turn, anyone currently on 9 points or more is one simple three point speeding offence away from this. The statistics show that over 4,000 drivers are currently sitting on 11 points, leaving them right on the edge.  Drivers who acc ..read more

Scam DVLA messages The consumer watchdog Which? has warned drivers should be extra vigilant in detecting a new scam that poses as the DVLA to request personal details. The scam involves a fraudulent text message which falsely tells motorists their vehicle tax has expired. It also claims the DVLA has been trying to contact them. In a common trick used by fraudsters, the message includes a hyperlink containing ‘gov.uk’ which prompts people to click on it to take action. Unfortunately many people mistakenly believe the message is real when they see this.  The scam message reads: “DVLA F ..read more

Burglaries and thefts on the increase As we gradually ease out of lockdown, burglaries and thefts are on the increase. And as we reported previously, worryingly this trend looks set to continue.  New research shows that more than half of homes in the UK now own at least 1 smart home tech device. If you don’t yet own a Smart security device, now could be a good time to consider it. Or perhaps you are thinking of adding additional devices to add to your home. Whether you are considering a connected camera, Smart doorbell, or something else, below we review the best options.  Connected ..read more

In welcome news to the motoring industry, car dealerships will open on April 12th. You will now be free to visit a showroom to look at a car, test drive it, configure it and buy it. There will now of course be be strict social distancing in place and you will be required to wear a face mask. Test drives will also be expected to be taken alone.   Whilst showrooms have remained closed, they have been still able to operate a remote ordering and delivery service. However, with potential new car owners unable to inspect the car first and still wary of the virus, this has been largely unsuccess ..read more