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Crackdown on bogus claims helps insurance costs fall by 12%

CAR INSURANCE premiums have plunged at a record rate of 12% year-on-year amid a tougher clampdown to combat bogus motor accident claims which add to the costs of everyone's policies. The typical quote for annual comprehensive car insurance cover was £568 in October, marking a 4.5% drop on July and a 12.4% fall on a year ago, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. This is the biggest annual slide that the AA has on its records, which go back to 1994, and marks a sharp turnaround for motorists following a period of strong increases, with premiums rising by more than 40% just two years ago.

Morgan AeroMax For Sale: Hammond Morgan – just one prang

Richard Hammond's Morgan Aeromax is up for grabs at £100k As well as the joy of having a BBC budget to play with endless cars around the world, being a Top Gear presenter is also quite lucrative. Beyond the not inconsiderable salaries attached to presenting TG, the profile Top Gear affords has made stars out of the previously unknown Hammond and May, presented them with other lucrative presenting jobs and let their every uttering in print hit the best-seller lists. Captain slow may drive a Panda around town, but he has an F430 for play.

Drivers in northeastern U.S. have highest crash average, insurance survey finds

If you don't want to be in a car crash, your best course of action is to pay attention, don't follow too closely and keep up on maintenance. You also help your odds if you can stay out of the northeastern United States. Allstate Insurance has released its yearly survey of the safest and most dangerous driving cities in the country.