CARDIFF, WALES, December 18, 2010 (Press-News.org) Research from Confused.com has revealed bad news for drivers looking for modifications from Father Christmas this year. A 20 year old male driver adding alloy wheels to their car could see the price of their premium rise by a massive GBP616*.
For those who are willing to pay the price of modifications, it is worth noting some insurance providers will refuse to cover cars with them and therefore drivers who choose to modify, risk a narrowing of choice. Undisclosed modifications could also lead to the invalidation of a policy. It's also important to remember that the majority of car insurance providers, who will offer a policy, do not cover the modification in the event of theft or an accident. Whilst this might seem unfair as they have to be declared on a policy and an extra premium is charged, the extra actually accounts for the fact that the modifications either make the car more desirable to thieves (alloys, body kits) or improve the performance (exhausts, lowered suspension) of the car and therefore increases risk of accidents.
Will Thomas, head of motor insurance at Confused.com, said, "It may well seem like a better idea to buy a cheaper, smaller car and modify it than invest in a more expensive, newer car but this could prove to be false economy. Adding modifications at a young age may contribute to a premium price that can drive motorists off the road. 17 - 20 year olds have seen prices rise by a massive GBP6162 over the last 12 months so now, more than ever, it is essential to be careful with things that may end up adding more costs.
For young drivers looking for cheaper premiums, start with the classic small-engine run-around in order to build driving experience. Smaller, less powerful cars represent a smaller risk and therefore are a lot cheaper. And, whatever the type of car, it is always essential to shop around to get the best deal."
Notes to editors
* Confused.com figures. Risk profiles identical in everything but age
** As per Confused.com/EMB Price index October 2010 GBP146.31
About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, cheap van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.
Website: http://www.confused.com/
Confused.com Warns of Real Cost of Christmas Car Modifications
Confused.com warns wannabe boy racers, be careful modifications for Christmas don't turn out to be an insurance lump of coal.
2010-12-18
ELSE PRESS RELEASES FROM THIS DATE:
M&S Money Reveals That Grandparents Spend Over GBP6000 on Grandchildren
2010-12-18
M&S Money has revealed that as parents begin to feel the pinch of Government cuts, new research shows that grandparents in the UK are providing more than GBP6000 of support to grandchildren. Over the first 18 years of each grandchild's life, grandparents gift on average GBP6165 in either money or presents.
Children born after 1st January 2011 will no longer receive a GBP250 Child Trust Fund voucher from the Government, and some families will also be hit by the plans to cut higher rate taxpayers' child benefit from April 2012. But despite these losses to household income, ...
LV= Reveals Fraudulent Direct Debits at Record High
2010-12-18
LV= has revealed that over 97,000 Brits have fallen victim to criminals setting up fraudulent direct debits from their accounts, with this number set to escalate over the next three years, according to new research.
The findings from the home insurer, conducted by the Centre for Economics and Business Research (CEBR), show that so far this year 26,000 Brits found fraudsters taking out regular direct debit payments in their name, with an average of GBP540 going missing before they noticed and stopped it.
Over the last four years, the number of criminals gaining access ...
Software Engineer Analyzes the Bible
2010-12-18
Is the Bible filled with scientific and historical errors? Does it repeatedly contradict itself? Indeed, was it written by "pious frauds" centuries after the fact?
A new book says the answers are "No", "No", and "No".
In his latest book, "No Errors in My Bible, Sorry About Yours", software engineer Mark Johansen takes on, point by point, over 90 claimed errors and contradictions in the Bible. The author applies the same rigorous logic to the Bible that he does to computer projects. He presents detailed rebuttals to each criticism, drawing on sources ranging from the ...
First of a Kind Asian Art Sales and Art-Sourcing Portal Launches in Singapore
2010-12-18
Officially launched in December 2010, Artyii is out to debunk the myth of a "starving artist". Their platform (www.artyii.com) is an "invite-only" community of artists and art professionals consisting of independent art dealers, galleries, interior designers and curators. Their focus is on selling high quality, original, Asian art.
With their artist database growing daily, Artyii has been attracting six figure investments from wealthy art angels who recognise the potential in lower priced, original art by emerging artists. Their Facebook page, appropriately titled "Best ...
VIDEO: Newhall Laboratories and La Bella Beauty Products Support The Wall Las Memorias HIV/AIDS Benefit, Reports Power Media Group
2010-12-18
Wherever Latinos are active, Newhall Laboratories and its La Bella brand are increasingly found to be involved and, with the second annual ROJO fundraising event, a further demonstration of the company's support of Latino causes was delivered in the form of giveaways to over 500 attending guests.
Newhall's participation at ROJO helped raise funds for The Wall Las Memorias, a Highland Park-based nonprofit promoting wellness and preventing HIV/AIDS among Latino populations.
The La Bella brand, which holds a strong affiliation with Hispanics, and Newhall were a perfect ...
Bsecure Online Wins PC Magazine's Editors' Choice Award
2010-12-18
Bsecure Online, Inc., a leader in parental control software for families, today announced that its Bsecure Online v6.16 service secured PC Magazine's highest editorial honor, the Editors' Choice award. In the review, the editorial staff preferred Bsecure Online over all other parental control services, with a score of 4.5 out of 5 points.
PC Magazine editors praised Bsecure Online (www.bsecure.com) as "a total winner" for its innovative Web 2.0 features like whole home filtering, social network monitoring, social media and parental alerts. According to PC Magazine's ...
Reglan Lawsuits Allege Acid Reflux Drug Caused Tardive Dyskinesia
2010-12-18
Hundreds of people who developed Tardive Dyskinesia after taking Reglan have filed Reglan lawsuits against makers for hiding potential side effects. Are you one of them? If so, you may be entitled to compensation for your injuries.
No Cure For Reglan Side Effects
Reglan (made by Avalon Pharmaceuticals and Baxter Healthcare Corporation) and metoclopramide (the generic equivalent of Reglan sold by Teva Pharmaceuticals USA, Pliva Inc, Mutual Pharmaceutical Company Inc and Major Pharmaceuticals Inc), are antidopamine drugs which treat nausea, vomiting and heartburn due ...
Hemodynamic responses to the mother's face in infants by near-infrared spectroscopy
2010-12-17
A Japanese research group led by Prof. Ryusuke Kakigi and Dr. Emi Nakato (National Institute for Physiological Sciences: NIPS) and Prof. Masami K Yamaguchi (Chuo University) found that there was the different hemodynamic response in the temporal cortex between infants' perceptions of their own mother and of female strangers. The presentation of mother's face elicited increased hemodynamic responses in the bilateral temporal cortex. This finding was reported in Early Human Development.
Recognition of the mother's face is important in the development of an infant's social ...
More than 100 new species described by California Academy of Sciences in 2010
2010-12-17
Global biodiversity surveys over the past few years have provided increasing evidence that our planet is in the midst of its sixth mass extinction. Plants, animals, and microorganisms are disappearing thousands of times more rapidly than they have for more than 65 million years, and for the first time in Earth's history, human activity is the predominant force behind this mass extinction. As governments and conservation organizations around the world attempt to stem this tide of disappearing species, they face a number of formidable challenges, but perhaps the greatest ...
Simple blood test identifies persons at highest risk for kidney disease complications
2010-12-17
An infrequently used blood test can effectively identify individuals at increased risk of developing complications associated with chronic kidney disease (CKD), according to a study appearing in an upcoming issue of the Journal of the American Society Nephrology (JASN). Use of this simple test might help physicians identify persons with CKD who are at high risk for complications, and identify persons with impaired kidney function at earlier stages of disease.
To assess kidney function, doctors most often measure an individual's level of creatinine in the blood. Creatinine ...
LAST 30 PRESS RELEASES:
Scientists unlock secrets behind flowering of the king of fruits
Texas A&M researchers illuminate the mysteries of icy ocean worlds
Prosthetic material could help reduce infections from intravenous catheters
Can the heart heal itself? New study says it can
Microscopic discovery in cancer cells could have a big impact
Rice researchers take ‘significant leap forward’ with quantum simulation of molecular electron transfer
Breakthrough new material brings affordable, sustainable future within grasp
How everyday activities inside your home can generate energy
Inequality weakens local governance and public satisfaction, study finds
Uncovering key molecular factors behind malaria’s deadliest strain
UC Davis researchers help decode the cause of aggressive breast cancer in women of color
Researchers discovered replication hubs for human norovirus
SNU researchers develop the world’s most sensitive flexible strain sensor
Tiny, wireless antennas use light to monitor cellular communication
Neutrality has played a pivotal, but under-examined, role in international relations, new research shows
Study reveals right whales live 130 years — or more
Researchers reveal how human eyelashes promote water drainage
Pollinators most vulnerable to rising global temperatures are flies, study shows
DFG to fund eight new research units
Modern AI systems have achieved Turing's vision, but not exactly how he hoped
Quantum walk computing unlocks new potential in quantum science and technology
Construction materials and household items are a part of a long-term carbon sink called the “technosphere”
First demonstration of quantum teleportation over busy Internet cables
Disparities and gaps in breast cancer screening for women ages 40 to 49
US tobacco 21 policies and potential mortality reductions by state
AI-driven approach reveals hidden hazards of chemical mixtures in rivers
Older age linked to increased complications after breast reconstruction
ESA and NASA satellites deliver first joint picture of Greenland Ice Sheet melting
Early detection model for pancreatic necrosis improves patient outcomes
Poor vascular health accelerates brain ageing
[Press-News.org] Confused.com Warns of Real Cost of Christmas Car ModificationsConfused.com warns wannabe boy racers, be careful modifications for Christmas don't turn out to be an insurance lump of coal.