Insurance

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.

The financial regulator is proposing measures to help customers struggling to pay insurance premiums due to coronavirus. It's proposing payment holidays of up to three months, plus has told insurers to look at whether cover still provides "value" to the customer where the pandemic means the policy is no longer suitable or where they can't use certain benefits of their cover.

Insurer LV is giving its customers with car and motorbike policies the chance to claim a refund of between £20 and £50. But unlike Admiral's recent flat-rate refund to customers, you'll only be eligible for money back from LV if you've been financially affected by coronavirus in specific ways.

Insurance firm Admiral is to give all of its car and van policyholders a flat-rate refund of £25 for each vehicle insured, in recognition of the fact that most people are staying at home and driving less during the coronavirus lockdown. And customers of Admiral's other brands – Bell, Diamond and Elephant – will also get the refunds.

Three more major travel insurers have stopped offering travel insurance policies to new customers as a result of the coronavirus pandemic, following LV's decision to suspend sales on Wednesday, MoneySavingExpert.com can reveal.

Several top wedding insurance brands have stopped offering new policies to customers in the wake of the coronavirus outbreak. If you already have wedding insurance, your policy will continue to be valid – though if you're worried about disruption due to coronavirus, it's worth checking now exactly what you're covered for.

Getting car insurance quotes 20 to 26 days before the policy is due to start is likely to get the cheapest price from a comparison site, saving up to 40%, an MSE investigation reveals.

The Government is set to launch a consultation on introducing green number plates for zero emission cars, to help drivers benefit more easily from incentives such as free parking. 

Around six million policyholders pay high prices and are not getting a good deal on their insurance, the financial watchdog has said.

Travel insurance firms may have to direct customers with medical conditions to providers that can cover them, under new rules proposed by the financial regulator.