Why shopping around for your car insurance is vital!
As we covered in one of our recent articles on motor insurance, the AA reported a 7.2% increase in average car insurance premiums in the final quarter of 2009. However, the annual increase in car insurance premiums is well into double digits and there is serious concern that motorists will be hit with higher and higher premiums in the short to medium term.
Many of us will have been with the same car insurance company for a number of years and ultimately there are thousands in the UK who will never have looked around. However, there are many comparison websites available which will indicate any potential savings you could make by taking your car insurance elsewhere. Even if your current insurance company turns out to be the most cost-effective for your situation then surely a quick look around the comparison websites will do you no harm?
The truth is that developments in the online arena now make it easier than ever before to check out a whole raft of different car insurance companies using one simple form. Gone are the days when individual e-mails and individual forms had to be completed, and in many cases you will have a summary of estimated car insurance premiums from different providers within a matter of seconds. Many people have made savings into the hundreds of pounds simply by looking around, so what do you have to lose?
National insurance rate rise will hit the UK economy
While attempting to gloss over any negative factors in the pre-budget report, Chancellor Alistair Darling was forced to confirm that the government will be increasing national insurance by 0.5% from April 2011 for those earning more than £20,000 a year. The move has been criticised by industry leaders as a backdoor income tax and a tax on the recovery of the UK economy.
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Is insurance a necessity or an option?
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RBS looks for alternative to government debt insurance scheme
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Approval granted for UK's first Islamic insurance firm
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