Pets Don’t Have to be Expensive
According to a recent survey, pet owners in the UK spend a total of £94 million a week on items they need to give their pets the care and attention they need. You can cut down on this expense in several ways. Read more
An Overview of Private Dental Insurance
Visiting the dentist is a costly proposition. Those without insurance generally put off such visits until they have no other choice even though they do have coverage under the National Health Service. If you consider taking out private dental insurance you can enjoy more flexibility and have some of your dental costs covered. Read more
Is wedding insurance cover a good idea?
As a nation we Brits love to feel secure and safe with total peace of mind that we have done all we can to protect ourselves and our loved ones from a range of eventualities. This is why the insurance industry has become so huge, with Brits taking out all sorts of insurance policies to cover all sorts of circumstances. From travel insurance and home insurance to insurance for our pets, cars, mobile phones, health, and even our lives, insurance is something that gives us a sense of security - and often helps us to avoid the huge financial losses that we may otherwise have faced without it. Read more
Is wedding insurance cover a good idea?
As a nation we Brits love to feel secure and safe with total peace of mind that we have done all we can to protect ourselves and our loved ones from a range of eventualities. This is why the insurance industry has become so huge, with Brits taking out all sorts of insurance policies to cover all sorts of circumstances. From travel insurance and home insurance to insurance for our pets, cars, mobile phones, health, and even our lives, insurance is something that gives us a sense of security - and often helps us to avoid the huge financial losses that we may otherwise have faced without it. Read more
Is private health insurance the way forward?
We all want to do our best to protect our own health and that of our loved ones, but for many people in the UK the National Health Service leaves a lot to be desired. The NHS has come under fire for many things over recent years, from the length of its waiting lists and the quality of care given in hospitals to the levels of staff and even the levels of hygiene exercised in NHS hospitals. Read more
Unions angry over insurance job cuts
Officials from unions have been angered by a decision by insurance giant Aviva to cut eighteen hundred jobs around the country. Just two years ago the company moved part of its operation to India, and ended up cutting around four thousand people from the workforce. This latest announcement has further angered union officials. Officials from Aviva say that the move is designed to improve service and cut costs, but this has not impressed unions. Read more
Competition Commission plans to look into PPI
PPI, which stands for Payment Protection Insurance, is a type of cover that is often sold with loans, credit cards, and other forms of credit. The purpose of the cover is to make repayments on the debt for a certain period of time if the policyholder cannot work and earn money due to illness, accident, or redundancy. The cover is often costly, but can prove valuable to those that can use it, as it offers peace of mind. However, it has been found that the cover has often been sold to those that can never claim on it, such as retired people and those that are self employed. Read more
Insurance firms could face huge losses
According to a recent report the insurance industry could be facing huge losses as a result of the global credit crunch, with tighter household finances forcing many consumers to either downgrade or cancel their insurance cover in order to make ends meet each month. A survey was carried out by officials at Deloitte, and showed that around one if every four consumers were planning to either cut or cancel insurance cover in order to save money at what has become a very financially turbulent time. Read more
More people opt for private healthcare
June 29, 2008 by admin
Filed under Insurance, News-Insurance
A recent report has shown that an increasing number of people are now opting for private healthcare cover rather than relying in the National Heath Service, reflecting the concerns that many have when it comes to NHS care. The survey showed that many of the people switching to private healthcare cover have stated that their reason for switching was fear of super bugs such as MRSA. Read more
UK Insurance overview
Consumers in the UK can enjoy a wide range of insurance options to provide them with protection against a range of issues and eventualities, and with some really good deals on offer from a wide range of insurance providers it is possible to enjoy protection and peace of mind without having to break the bank when it comes to premiums. You can get all sorts of insurance policies these days, and below are some of the most popular types of insurance currently available in the UK. Read more
Getting a great deal on insurance
In the UK there are many different types of insurance cover available, and this is designed to provide us with protection and peace of mind against a myriad of possible situations and eventualities. You can get insurance to cover everything from your car and your home to your pets and your life, and there are many different companies offering insurance deals to suit a wide range of needs and circumstances. Read more
Be careful over accuracy of some insurance price comparison sites
Over the past few years an increasing number of us have started to use various price comparison sites in order to help us to get better deals and find the most competitive prices on a range of services and products, from utilities and financial products to insurance services and products. Read more
How younger drivers can save money on their car insurance cover
For many years younger drivers have been penalised because of their age and inexperience when it comes to getting car insurance, and for many younger drivers the cost of cover can be crippling. Read more
Consumer increase care over their personal data
One of the major issues that have raised concern across the UK over recent months is that of personal data security, with many people concerned over the risk of identity theft and fraud. Read more
What to look for with car insurance
Car insurance is a compulsory form of insurance cover for drivers in the UK that are taking their vehicles out on the road. Read more
Payment Protection Insurance Cover
Anyone that takes out finance likes to have the peace of mind that they are protected against situations that could render them unable to make repayments, and payment protection insurance cover is an effective way to do this. Read more
Do tenants need home insurance?
Home insurance is a vital form of protective cover for homeowners, as it provides valuable protection against the financial losses related to damage to the home, or damage, theft, or loss of belongings. Read more
Switching and saving is easier than ever
There are many different ways to try and save money on your monthly outgoings these days. You can go through your income and expenditure, and try and cut back on luxuries and money spent on social events. You can also go through and cancel any unused subscriptions, such as gym or magazine subscriptions that you don’t really make use of. Read more
How Do Insurance Companies Work Out Premiums?
The winning number is…
As you wait for the insurance sales person on the other end of the phone or over the counter to come back to you with how much your insurance premium is going to be it’s rather like entering an unfortunate lottery. Quite how they work out the cost of insurance sometimes seems like anybody’s guess. Read more
Am I Insured To Drive Anyone’s Car?
Confusion
Whether you have got fully comprehensive insurance and want to drive somebody else’s car or whether you have only third party insurance and want to do so, it’s a confusing mess – the simple question is, are you legal or not? Read more
Travel Insurance - Keep Your Holiday Protected!
Holidays aren’t exactly cheap these days. Gone are the years when you could pitch up at the English seaside and spend a couple of weeks with the kids paddling in a storm tossed grey sea at Scarborough or Blackpool. These days of sunshine abroad and quality children’s entertainments come at a price. Today, there’s no better reason to insure your holiday. Read more
By The Mile Car Insurance – the way of the future?
Who do you think should be paying more in motor insurance - someone who drives 50,000 miles a year, someone who drives 15,000 miles a year, or someone who only drives 6,000 miles a year? The actual answer: none of the above, in most cases UK car insurance providers do not consider the number of miles you drive each year as being important when determining your motor insurance premium. However, insurance may be changing. Read more
Making Sure You Get The Cheapest Pet Insurance Available
With recent changes in veterinary treatment and technology, it is now very possible to incur veterinary bills in the thousands of pounds. If, therefore, you are thinking of taking out pet insurance to cover and illness or accident that your pet may suffer, this may not only be one of the wisest decisions you make on behalf of your pet, but could also be one of the most financially astute decisions you make. Read more
The Benefits Of Pet Insurance
Even if your family pet started out life as a runaway stray cat, rather than a Crufts champion, vets’ bills can soon mount up into a considerable amount of money. Wouldn’t it be great then if you could find a way to be reimbursed for all of the expenses that your pet is routinely costing you each year? Read more
Roadside Breakdown Car Insurance
Regardless of how carefully we take care of our car, just when we least need it the car will breakdown in the middle of nowhere. If you do not have roadside breakdown car insurance, be prepared to pay a heft repair bill and to be personally billed for all the ancillary costs. Read more
Why Are Female Car Insurance Quotes Cheaper Than Men?
As every man likes to remind his woman, women cannot drive as well as men can. Call up a UK insurance company, or get a UK car insurance quote online, however, and the cost of the car insurance premium for exactly the same car is likely going to be cheaper for the woman than the man. So, if woman cannot drive as well as men, how can that be so? Read more
Custom Built Car Insurance
When you phone your motor insurance company to insure your car you tell them you drive a standard 1.8 Mitsubishi Lancer. True enough. However, what you have failed to tell them is that you have made one or two minor modifications to your car so that it now has alloy wheels, a spoiler and flashy strips down the side. Later you need to make a claim on your motor insurance and the car insurance company sends an insurance adjuster around to see your car. Guess what? In all likelihood the insurance adjuster is going to inform your car insurance company to invalidate your policy. The reason - you have a custom built car! Read more
5 Ways To Reduce Your Student Car Insurance Policy Payments
One in every five students in higher education in the UK either owns their own car or has access to a car that they can drive to university. If we take it as given that higher education students have very tight budgets to live on, the following are five ways to help reduce your student car insurance policy payments and help you to save money: Read more
How Your UK Credit Rating Can Affect Your UK Car Insurance Premiums
So you’ve never had a parking ticket, speeding ticket, been picked up for drunk driving or had any points on your driving licence. In short, you are the model UK driver. And yet, when you compare your car premium payments with your friends, you find out that you are paying more them. How can that be so? Read more
5 Ways To Reduce Your Car Insurance Premiums
Even with a competitive UK car insurance market bringing down the average cost of car insurance premiums in the UK, by following certain guidelines you can reduce your car insurance premiums even more! Read more
How To Reduce Your Family Car Insurance Premiums
If you are a family with children in their late teens (i.e. 17,18,19) or early twenties (20-25), then a dilemma you no doubt have already had to face if how to reduce your family car insurance premiums. The following are a few tips on how you may achieve this: Read more
Getting Cheap Car Insurance Online
According to a recent survey undertaken by the AA, 75 percent of us will head directly to the internet to check out online car insurance quotes before we decide whether or not to renew our existing policy. However, out of that 75 percent, 60 percent of us spend less than three minutes checking out competitive cheap car insurance quotes online and, unless we see an immediate reduction in our car insurance policy of at least 10 percent or more, we won’t bother looking any further! Read more
Do You Need Classic Car Insurance?
Whenever we think of a ‘classic car’, and classic car insurance, images of a car from a bygone era and races to Brighton once a year immediately spring to mind. However, if you’re currently thinking of buying a second-hand car, then there’s a chance you may be asked to insure this as a classic car. Read more
Why Are Female Car Insurance Quotes Cheaper Than Men?
As every man likes to remind his woman, women cannot drive as well as men can. Call up a UK insurance company, or get a UK car insurance quote online, however, and the cost of the car insurance premium for exactly the same car is likely going to be cheaper for the woman than the man. So, if woman cannot drive as well as men, how can that be so? Read more
Rental Car Insurance
More and more these days we are leaving the car at home and are picking up a rental when we arrive at our holiday destination. If this is exactly what you are planning on doing, and you have never rented a car before, then the following are a couple of hints you should keep in mind when arranging your rental car insurance: Read more
No Claims Bonuses: how they work
Car insurance companies in the UK incorporated a program called a No Claims Bonus or No Claims Discount. The meaning behind these programs is for the consumer to help lower their car insurance premiums. Read more
Appropriate Insurance Company
One of the most important contributors of the UK economy is the insurance industry. The insurance industry is among the top employers of UK and a significant source of overseas earnings. It helps businesses to protect themselves from risk and provides a wide range of services to ordinary people, from car and house insurance to pensions. Searching for an appropriate insurance company is an important task in present days where insurance companies are mushrooming at every corner. Read more
Types of UK Car Insurance
If you think that the UK car insurance policy is stringent enough, then keep in mind that it is so to secure your own interest. The UK car insurance policy is generally targeted for the protection of any innocent victims of accidents. It is obligatory by law to carry the UK car insurance certificate for a user of the road. Read more
General Tips for Travel Advice
To the average customer looking for a travel insurance deal they may be bombarded with terminology and information of which they find it hard to take in. They know that travel insurance is worthwhile - peace of mind it affords is worth the premium alone, but they have no further knowledge. Read more
How much will home insurance cost me?
Well that depends on a wide host of factors, as every persons quote is tailored to their home and their circumstances. Insurance is never ‘one size fits all’ as different circumstances present differing risk sizes. For more on insurance ‘risk assessment’ please see our other articles. Read more
What kind of coverage can I expect with home insurance?
Home insurance was created, and is provided in order to insure a person’s possessions. As you can imagine this can potentially be a vast list of items ranging from do-it-yourself appliances to the kitchen sink. Read more
Home Insurance Tips
We have created a range of tips on what to look out for when searching the internet for home insurance. These may not be specific inclusions within your policy but if you read and take note of our guidelines you’ll certainly be able to find insurers without problems and perhaps assess the strengths and weakness in a more efficient manner. Read more
Reduce Home Insurance Premiums
To begin with you should ask yourself how you can make your home more secure. Are there any extra precautions you can take to prevent a claim. Read more
Home Insurance Advice
If you have a mortgage you will already have Buildings insurance for your home. This is required to replace anything connected to your home that will affect the valuation. This may include roof repairs, flooding, storm damage or damage to internal fittings such as kitchens, bathrooms or interior decor. Read more
How does your age affect your premium?
As many UK motorists are aware there are a range of factors which come into play when companies decide the rate premium you pay. The first step of this process, at the application stage is to take all your details - which the company will do with a paper based form or over the internet. Read more
Common Car Insurance Questions
Like any specialist area in financial services there can be a wealth of information which simply goes over the head of the typical customer. For car insurance this can be from terminology used such as ‘no claims bonus’ or the why’s and where-fore’s of procedure (example: ‘How exactly do I make a claim?’). To help as best we can and clear the head of online users seeking car insurance we have answers to the typical question that are posed. Read more
Making a Car Insurance Claim
Having an accident and making a claim on your car insurance Read more
Car Insurance FAQ
- Is it legal to drive without car insurance?
- What is an excess?
- What is a compulsory excess?
- What is a voluntary excess?
- What is a fault claim?
- What is no claims discount?
- What is protected no claims discount?
- What is a high risk group?
Is it legal to drive without car insurance?
No. Accidents do happen, and the law states that you must be able to compensate any person you injure or any damage you may cause. The cheapest form of car insurance is third party , which only covers any damage that you may cause. the most popular policy sold in the UK would be comprehensive cover , which will cover you for any damage to your own vehicle as well as anyone else.
An excess is the cost you will have to pay if you make a claim to your insurance company. A common amount for an excess charge would be around £100. However, if the claim was due to an accident which was not your fault then you may be able to claim this excess back. You will however have to pay the excess then try to claim the money back afterwards.
Some insurers may only insure you if you agree to drivers if they agree to a compulsory excess charge. This will usually be around £100 and is aimed at giving you a cheaper quote.
A voluntary excess is aimed at what insurance companies deem as higher risk drivers. drivers between the ages of 17 - 21 are generally seen to be the highest risk group and some insurers will only consider insuring people from this group if they agree to pay a larger excess fee which could be anything from £250 to £1000.
A fault claim is an insurance company’s way of saying that they can’t recover their costs of any claim that you make. This may be because you are at fault for an accident claim or maybe the person at fault is untraceable.
No Claims discount ( NCD) is a discount added to your policy for each year you do not make a claim. This can increase to a maximum discount of 60% for 5 years without claims. If you change insurance suppliers then you can take this no claims discount with you.
What is protected no claims discount?
If you do make a fault claim then you will be penalized when you attempt to renew your policy by a loss in your no claims discount. Protected no claims discount will allow you to make claims to your policy without losing any discount. Usually you will be able to make on average 2 claims in any 5 year period.
A high risk group is a section of the population that insurance companies will feel are most likely to make a claim due to statistics. If the insurance company puts you in this section then you will have to pay higher than average premiums and excesses. examples of high risk groups would be males aged 17 - 21, drivers with 6 or more penalty points or drivers who have made many claims.
Protection From Car Crime
According to the latest reports, car crime in the UK accounts for nearly 25% of all reported criminal acts in the UK. This is a massive figure, which could affect you when you least expect it. Follow these steps below and you could make your vehicle less attractive for thieves and also decrease your car insurance premiums at the same time! Read more
Car Insurance Terms and Conditions
Most people will realise that car insurance comes attached with a range of terms and conditions. Having a policy does not allow you to claim under all circumstances possible, and should you break the terms and conditions given out by your insurer you may not be eligible should you need to make a claim. Read more
