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.
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
Government scheme could cut car insurance costs
The government is mulling plans which could see motorists benefit from cheaper car insurance through signing up for courses to improve their skills behind the wheel. Under the terms of the new plan, those who take advanced driving courses could cut the cost of insuring their car by around 25 per cent. However, young drivers will benefit from even marked reductions, with the Telegraph claiming that...Read More
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Brits opt for home improvements every five years
According to the results of a recent survey, Brits splash out on home improvements every five years.A poll by Saga found however, that as many as a third of those questioned only expected home improvements like a new kitchen or bathroom to last them less than five years.The research found that one in three people (31 per cent) made changes to their home purely for cosmetic reasons, or to keep up w...Read More
Life insurance costs 'could fall'
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