Bedford Driving Lessons

Hidden charges are allowing car insurance companies to boost their profits while passing on record premiums to loyal customers, a Money Mail investigation can reveal. Our probe has discovered that hikes in little-known administrative fees have allowed insurers to rake in bumper profits. But while insurers are pocketing this extra cash drivers have endured a 30 per cent increase in their premiums, with the average now £923 a year Insurers claim they are not benefiting from these hikes, which are to pay for steep rises in fraud, personal injury claims and damage caused by uninsured drivers. But behind closed doors they are creaming off more from drivers through clandestine add-on charges. For example, Admiral, which insures 2.8million cars in the UK, boosted its car insurance profits by 28  per cent in the first six months of this year. Typical extra add-on charges include a £17 fee for sending out new documents; £47.50 for cancelling a policy mid-term; £22.50 for cancelling in a 14-day cooling off period; a £5.95 fee for paying by credit card; and a £20 charge for unpaid bills, which are passed to a debt collectors.  More