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.
Government backtracks on national insurance argument
The UK government, and especially Lord Mandelson, have this weekend backtracked on a number of allegations made against the business community in the UK. Lord Mandelson had been highly critical of many business leaders who signed a letter in support of the Conservative party's intention to reduce the proposed national insurance tax increase. The government appeared to suggest that business leaders...Read More
Northern Ireland car insurance under investigation
A report by the Consumer Council has confirmed the shocking find that car insurance in Northern Ireland is costing consumers in excess of £136 million a year more than any other area of the UK. On average it is estimated that an extra £300 a year is added to annual cover premiums with more and more of the population now unable to afford insurance.
Surprisingly, the hardest hit are...
When did you last review your insurance policies?
The Internet has changed many areas of everyday life and many areas of business however it seems many of us are still adamant that we will retain our existing insurance providers and other financial service providers. When was the last time you reviewed your insurance policies?
It is well known in the vast majority of people in the UK are happy to renew their insurance policies year...
Wedding insurance can save the big day
With the cost of an average wedding having risen by around £2,000 a year in recent times to reach£20,000 in 2006, Marks & Spencer Money has said that wedding insurance is important should something threaten to ruin your big day.Liz Neild, media relations manager for Marks & Spencer Money, said the cost of an average wedding now is "frightening", but advised that wedding insurance could offer som...Read More
Protect your income against illness or injury as purse strings tighten for many
Studies throughout 2012 have revealed an increasing need for Britons to take out some kind of income protection insurance, in order to provide them with a financial safety net should they be unable to work due to illness or injury. It has been revealed that for a third of adults in the UK, the reality is they either spend more than their salary each month or simply just manage to break even. Ar...Read More