Latest News
Motor claims hit record high in Q1
Tuesday 13th May 2025
Motor insurers paid out a record £3.2bn in car insurance claims in the first quarter of 2025, the highest quarterly payout since records began in 2013, according to the Association of British Insurers (ABI). Repairs accounted for £2.1bn of the total claims. Increasing repair costs have been driven by rising… Read more
Vehicle repair costs up 6.7% last year
Tuesday 8th April 2025
An independent study has revealed that vehicle repair costs escalated 6.7% last year, with electric vehicle repairs about 15% higher than the average bill. The report found that average vehicle repair costs increased by 6.7% last year, and have now risen by 25.7% since 2020. These figures are based on analysis carried out… Read more
Biofuel HGV fleet delivers ‘significant’ cut in emissions for LKQ
Friday 21st March 2025
LKQ UK and Ireland is set to cut its annual carbon emissions (CO2e) significantly, after transitioning its HGV logistics fleet to run on low carbon hydrotreated vegetable oil (HVO). The estimated saving of more than 4 million kilogrammes of CO2e per year, represents a significant contribution towards meeting LKQ’s overarching goal… Read more
38,000 potholes from 2024 ‘still waiting to be fixed’
Thursday 27th February 2025
Local authorities are facing a mounting backlog of repairs, with more than 38,000 potholes waiting to be fixed, according to a public sector insurer. The Government recently allocated £1.6 billion – an increase of nearly 50% on local road maintenance funding from last year – to help tackle the equivalent of seven… Read more
Motor insurance claims payouts hit record levels in 2024
Tuesday 18th February 2025
The Association of British Insurers has reported that motor insurance claims payouts last year reached a record £11.7bn. It attributed this rise partly to higher vehicle repair costs, which totalled £1.9bn in the fourth quarter to take the yearly total to £7.7bn. This was £1.5bn more than the 2023 yearly total. Across the year, insurers… Read more
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