Allianz Your Cover: Family Taxi Service Worth £7,8131 *Mum and Dads spend a week a year ferrying their children around ^2 and an additional four days a year waiting in the car ^3 *All parents want in return for lifts is a ‘thank you’ Business Wire GUILDFORD, England -- September 3, 2013 The average UK family owe Mum and Dad £7,813^1 for their taxi services every year, reveals research from home and car insurance provider Allianz Your Cover (www.yourcoverinsurance.co.uk). From lifts to friends’ houses and parties to pick-ups from after-school clubs, the research finds that parents across the country are driving over 1,700^1 miles each year and spend the equivalent of four days a year waiting in their cars to pick up their children. Parents face a long wait however before they can call time on ‘Family Taxi Service’, with the Allianz Your Cover research finding that parents are ferrying their children around until they pass their driving test (40%), leave home (19%) or can afford a car (17%). One in 10 predict that parents will still be driving their children around until they are well into their thirties and 15% don’t think they will ever stop giving their children lifts. When asked what they expect in return for running the Family Taxi Service, two thirds (67%) of Mums and Dads would simply want to be thanked, although over half (55%) wish the kids would help out more around the house and one in five (20%) want their children to contribute towards petrol costs. It’s not just young children who rack up the mileage, parents with teenagers (13 to 16-year-olds) are driving the furthest weekly distance of nearly 40 miles. In addition to the mileage, waiting time is draining the parent taxi meter, as children aged nine to 12-years-old are most likely to leave their parents hanging around waiting for them in the car, totalling two and a half hours each week. The top Family Taxi journeys according to Allianz Your Cover Insurance are: 1) Taking children to a friend’s house (50%) 2) Driving children to an after-school club (46%) 3) School runs (41%) 4) Lifts to parties (26%) 5) Driving children into town (22%) Jon Lott of Allianz Your Cover Insurance said, “Mum and Dad’s Taxi Service is getting UK families from A to B and with these trips totalling a mileage close to 2,000 per year, it’s clear families are depending on a regular Family Taxi Service to help manage their busy lifestyles. “Our research shows there’s little let up for family drivers as the taxi meter doesn’t stop when children grow up. In fact, one in five (22%) parents with grown-up children (aged 24 to 30-year-old) think Dads will keep driving their children around well into their 30s.” To be a great “Family Taxi” driver, parents advise others to; ensure all passengers are wearing their seatbelts (55%), have a good music playlist (47%), check details with your passengers ahead of the lift so you’re not unnecessarily waiting around (33%) and to keep food and drinks in the car in case they have to wait around or get caught up in traffic jams (22%). - Ends - About Your Cover Your Cover is a new breed of insurance product, offering cover that customers select to precisely match their own lifestyle and circumstances. Using an easy to use ‘Quote and Buy’ website, Your Cover makes it simple to design, obtain a quote and manage your insurance online. The result of two years' research involving thousands of insurance buyers, Your Cover is a product from Allianz Insurance plc, which is a part of the global Allianz Group. About the research The research was commissioned by Allianz Your Cover and undertaken by One Poll in July amongst 1,000 parents of 0 to 30-year-olds who regularly drive their family around. ^1 Mum and Dad’s drive their children around for an average of 33.57 miles each week x52 (weeks in a year) = 1,745.64, the equivalent of driving to Ancara, Turkey (http://www.timeanddate.com/worldclock/distances.html?n=136) which would cost £7,812.73 (http://www.taxifarefinder.com/main.php?city=London&from=London+Borough+of+Wandsworth%2C+United+Kingdom&to=Ankara%2C+Turkey) ^2 Mum and Dads spend 163.28 hours a year driving their children around divided by 24 hours = 6.8 days ^3 Mum and Dads spend 97.76 hours a year waiting in the car for their children divided by 24 hours = 4.07 days About Allianz Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, one of the leading integrated financial services providers worldwide and the largest property and casualty insurer in the world. With approximately 142,000 employees worldwide, the Allianz Group serves approximately 78 million customers in more than 70 countries. The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that out clients recommend, being a great company to work for and achieving the best combination of profit and growth. Contact: Consolidated PR Helen Braddock / Katy Allison Tel: 0207 781 2375 / 020 7781 2360 Email: firstname.lastname@example.org / email@example.com
Allianz Your Cover: Family Taxi Service Worth £7,8131
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