Most claims from five-year-old vehicles
1 commentVirgin Money Car Insurance has revealed a surprising statistic regarding car insurance claims. It has studied all the claims made on cars for its insurance service, and has discovered that the highest number of claims comes from vehicles that are five years old.
Five-year-old cars make up 9.6% of the total number of claims on Virgin’s database, the highest number for any vehicles. Virgin also revealed that cars between three and six years old make up 37% of claims, despite only accounting for 24% of the total number of cars in use.
Other results from the research show that cars which are 10 years old make up 6% of claims, and cars that are less than one year old make up just 2% of the total number of claims.
This has prompted Virgin to issue a reminder to people purchasing a second-hand car that they must check that it is in good condition first. A spokesperson said that “drivers tend to change their car every three to five years and on this evidence they have some justification”, and that people buying a second-hand car should take necessary action “to ensure that the car meets all of the road standards”.
But Virgin was also keen to reassure drivers that just because a car is five years old, it does not mean that it is necessarily more dangerous. It is just that cars of this age seem to be the most prone to being involved in an incident which results in a claim. The important thing is that people should always check that a second-hand car is in good order before purchasing it.
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