MoneySavingExpert News
Insurance

Direct Line Group to pay £30 million in refunds after overcharging some car and home insurance customers – what you need to know
If you've renewed your Churchill, Direct Line or Privilege home or car insurance since 1 January 2022 you may be owed a refund.
1 September 2023

Urgent action needed to prevent people with mental health problems paying 'sky high' insurance prices, says charity
Charity the Money and Mental Health Policy Institute, which was set-up by MoneySavingExpert.com founder Martin Lewis, has issued the calls after finding people with mental health problems are being charged 27 times more for insurance than non-sufferers.
8 February 2023

RAC hikes breakdown cover prices by more than 30% in some cases – here's how to beat the increases
RAC breakdown cover policyholders will see prices hiked, in some cases by more than 30%, at renewal. But if you've had a notification of a price rise, you don't have to accept it. You may be able to leave penalty-free, or haggle to get the price lowered.
9 August 2022

New Consumer Duty rules launched today in a bid to "end rip-off charges and fees" – here's all you need to know
The financial regulator has confirmed its plans for a sweeping regulatory overhaul that will stop financial firms mistreating consumers
27 July 2022

Ethnic minorities pay up to £280/yr more for car insurance than white people, says Citizens Advice
Ethnic minorities pay more than white people for car insurance, research from Citizens Advice has shown, with the charity arguing that the price differences are a result of an "ethnicity penalty".
22 March 2022

Motorbike insurer MCE to cancel cover for all 105,000 policyholders – what it means for you
MCE Insurance Company, which was one of the UK's biggest motorbike insurers, is to cancel all of its 105,000 remaining policies after falling into administration last year. The moves comes despite the insurer initially promising to honour existing cover until its planned end date.
18 March 2022

Motorbike insurer MCE falls into administration - what it means for its 105,000 policyholders
MCE Insurance Company, one of the UK's biggest motorbike insurers, has fallen into administration. The collapse affects around 105,000 policyholders but MSE can confirm that customers will continue to be covered until the end of their policy and claims will still be paid.
25 November 2021

Switch now: Martin's car and home insurance warning ahead of groundreaking rule changes
Important changes to the way insurers charge new and existing customers are on their way, which will put an end to the 'loyalty premium' borne by consumers, says MoneySavingExpert.com founder Martin Lewis.
16 November 2021

Martin Lewis: The BIG insurance rule change is coming - what you need to know before 1 Jan
Important changes to the way insurers charge new and existing customers are on their way, which will put an end to the 'loyalty premium' borne by consumers, says MoneySavingExpert.com founder Martin Lewis.
15 October 2021

Lloyds, Halifax and Bank of Scotland pay out £13.6m in compensation over misleading home insurance renewal letters
About 350,000 Halifax, Lloyds and Bank of Scotland home insurance customers who had a policy between 2009 and 2017 have been paid an average of £38 each in compensation
9 July 2021
19 September 2023
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Martin: Car insurance up 41%
Home not far behind. Lock in now to save
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Cheapest ever iPhone 14 deal
As iPhone 15's launched
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12 ways to cut your food bill
Deals, tricks & tips
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FREE National Trust day pass
For a family – normally £30ish
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TWO new bank bribes launch
Get up to £210 FREE
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With E.on? Beat the Price Cap
With its new fixed-term tariff
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Council tax band A to D (or E in Scot & Wales)?
You may get free insulation
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Martin Lewis: Are you an E.on customer? Here's an easy way to cut what you pay for energy
25 September 2023E.on Next's 'Pledge' tariff could be an easy way to cut your bills over the next year, according to MoneySavingExpert.com founder Martin Lewis. -
Last chance: Stock up on standard first-class stamps before prices rise by 14% next week
25 September 2023You've got just days left to stock up on first-class stamps before prices rise by 14%. From 2 October, the cost of a first-class stamp will be hiked to £1.25 – but if you buy stamps at their current price this week, you'll still be able to use them later. -
Wilko administration – here are your refund and shopping rights
25 September 2023Your refund and shopping rights as budget homeware retailer Wilko falls into administration. -
'Unfair' standing charges need to go: MPs back Martin's and MSE's calls for energy bill overhaul
23 September 2023Energy standing charges unfairly penalise households on lower incomes and those looking to cut their usage, a cross-party group of MPs have said in a new report published today. -
Martin Lewis: Urgent warning for savers as base rate held at 5.25%
22 September 2023You should open a fixed savings rate NOW in case rates are cut, MoneySavingExpert.com founder Martin Lewis has warned.
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
11 September 2023Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: Five things all new English university starters should know
4 September 2023The 2023 academic year is about to start, and it'll see the biggest shake-up to student finance in England for a decade. The changes are both subtle and massive. On the surface they look like a tweak, in practice they will increase the eventual cost of going to university by over 50% for many typical graduates.