Is it time to review your car insurance?
If there is one area of the insurance market which continues to attract the wrath of UK consumers it has to be the car insurance sector. This is an area of the insurance market where premiums constantly seem to go higher and higher with legally insured drivers also paying the price, and the cost, of those who drive on the UK roads without insurance. So is it time to review your car insurance?
Many people do not realise but there is the potential to reduce your car insurance premiums simply by either increasing the excess or taking out an insurance policy which best suits your driving habits and your driving requirements. For example, if you drive less than 5,000 miles a year then you may well be able to have this written into your policy with reduced premiums. There are other areas which you can review which include the safe parking of your vehicle, the introduction of a car alarm and other similar measures which will reduce the risk to your insurance company and therefore, in theory, reduce your premiums.
Those who remain with the same insurance company year after year after year are potentially paying over the odds for what they actually require.
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Householders in Nottingham are more likely to be burgled than anyone else in Britain, it has been revealed.A new survey shows that people in the East Midlands city are at an 88.7 per cent increased risk of having their homes broken in to.The claim is made by Endsleigh, which has analysed insurance claims in the UK over the last four years to deduce the riskiest and safest towns in Britain in terms...Read More
Popularity of last-minute holidays fuels insurance problems
The popularity of last-minute holidays has fuelled the number of tourists travelling abroad without insurance, according to research from Sainsbury's Travel Insurance.Sainsbury's found that around 8.8 million people or 18 per cent of the adult population will book their holiday two weeks or less before they travel in order to save money but that one in five (19 per cent) will not have purchased tr...Read More
With Profits Policy Holders Vent Their Anger
For many years the with profit insurance policy was seen by many as a means of saving for the future with funds invested in the economy and additional profits added each and every year - profits which could not be reclaimed by the insurance companies. However, a report from Money Management has shown that with profits investments are no where near as lucrative as many people believe.
Is ID theft insurance worth the money?
There is a growing debate within the financial sector with regards to ID theft insurance and whether it is required and whether it gives value for money. Currently many credit cards companies and banks will offer ID theft insurance as part of an overall financial package but you need to be aware of the small print and exactly what you're covered for. At this point in time, as long as there is n...Read More