MoneySavingExpert News
Insurance

Cheapest car insurance prices since 2014 - many can save large NOW even if not at renewal
In a rare bit of good news, car insurance is at a seven-year low at an average £420/yr (£160 less than at its height). Part of the drop, according to the source, MoneySupermarket, is that fewer people driving in lockdown has meant fewer claims.
10 May 2021

Started driving to work during the pandemic and not updated your insurance? You may need to tell your insurer TODAY
A temporary extension of cover organised by the Association of British Insurers (ABI) trade body ends at 11.59pm tonight, and if you don't have the correct insurance in place you could be fined and left unable to claim.
30 April 2021

Small businesses to get coronavirus insurance payouts after landmark Supreme Court ruling
The ruling follows a test case brought last year
15 January 2021

Compare The Market fined £17.9m for banning home insurers from offering cheaper deals elsewhere
Price comparison website Compare The Market has been fined £17.9 million by the competition watchdog, after it banned home insurers from offering customers cheaper prices elsewhere
19 November 2020

Car and home insurers face ban on charging existing customers more than newbies
Car and home insurance customers should pay no more when renewing their policy than they would if they were taking out a new one with the same firm, under radical new proposals from the financial regulator
22 September 2020

Boost for small businesses after coronavirus insurance test case ruling – could it affect other insurance too?
The High Court has ruled that some insurers should have paid out to small businesses for losses caused by the coronavirus lockdown, in a judgment which could have far-reaching implications
15 September 2020

Insurers set to offer payment holidays and premium reviews until October
Measures introduced to help insurance customers struggling during the pandemic are set to be extended until the end of October
24 July 2020

Medical insurer WPA to pay out SECOND rebate to customers
Customers of not-for-profit medical insurer WPA will be paid a second rebate worth about 40% of their monthly premiums, after receiving a similar payment back in April
25 June 2020

Payment holidays and premium reviews confirmed for insurance customers struggling due to coronavirus
The financial regulator has confirmed it will introduce measures to help insurance customers struggling during the coronavirus pandemic – meaning insurers will need to assess whether they can change what's covered to offer customers lower premiums. Insurers may also be expected to offer customers payment holidays of up to three months
14 May 2020

LV offers car insurance refunds of up to £50 – but only to those hit hardest by coronavirus
Insurer LV is giving its customers with car and motorbike policies the chance to claim a refund of between £20 and £50
1 May 2020
22 March 2023
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Beat April price hikes
Martin's 11 must-do NOWs
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Superfast fibre '£18/month'
Broadband hikes are coming
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15GB data Sim for '£5/month'
Or '£9/month' for 100GB
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Tesco Clubcard triple-up axed
3 months left to max gains
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FREE £50 investment
It's back!
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'Got a Power of Attorney?'
'It's probably more important than a will'
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Important Budget briefing
Including Martin's video summary
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Ovo launches one-year fixed tariff – but is it worth switching to?
24 March 2023Almost every household has been charged the same price for their energy over the last year under the Energy Price Cap (EPC) and the Energy Price Guarantee (EPG), with no cheaper fixed deals to switch to. That has now changed, with Ovo launching a one-year fix for existing customers that undercuts the EPG level of £2,500 a year. -
BT customers 'forced into overdrafts' after duplicate payment error - here's what you need to know
24 March 2023BT customers have complained that they've been forced into overdrafts after payments were wrongly taken twice this month. The telecommunications giant said it will refund any duplicate payments taken automatically. -
Martin Lewis: Four urgent ways you may be due £1,000s in tax back – if you're married, had a PPI payout, wear a work uniform or even just pay tax
23 March 2023If you're married or in a civil partnership, have ever had a PPI payout, wear a uniform to work or pay any income tax, you could be due £100s or even £1,000s in tax back – but you'll need to check urgently. -
Bank of England increases base rate to 4.25% – what the rise means for your mortgage and savings
23 March 2023The Bank of England has increased the base rate from 4% to 4.25%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
5 December 2022Update 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: The one thing everyone aged over 66 needs to know
29 November 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.