Take out affordable home insurance
Most of us will know the feeling of having to cut back on outgoings, especially over the past couple of years, with the recession and the global financial crisis both taking their toll. For many a decision has had to be made with regards to whether they can afford certain services and purchases, and many have had to cut out services that they have always been reliant on.
However, it appears that one of the areas that some people are cutting back on is protecting themselves financially, and this includes taking out cover such as home insurance. This can, however, be a very costly mistake, and means that you could find yourself in hot water should something happen to your property or your belongings.
Your home and its contents are susceptible to a range of problems, from fire and flood damage to burglary or even damage caused by accidents. Those that do not have home insurance in place will suffer financially if they are not covered and something happens to their home or belongings. However, despite this there are more and more people that are now skimping on this cover and recent figures have revealed an alarming number of people in the UK who have no home insurance in place at all.
Fortunately, there are some good deals available on home insurance cover these days, which means that there is no need to go without this valuable protection, as you can find cover for a reasonable price. This will give you peace of mind and financial protection in the event that something does happen that results in damage to your home or your belongings.
When you choose home insurance cover you need to make sure that you get the right price, with premiums that you can comfortably afford to pay. However, you also need to make sure that you have the right level of cover, and that your home and belongings are adequately covered.
There may also be many people that do have home insurance cover but have not take an adequate level of cover out. It is important to consider whether you cover needs to be updated – for example, you may have received some expensive gadgets or items for Christmas that are now in your home but have not been included in your cover. Take some time to look at your policy and if additional cover is required get it updated.
Tags: crisis, financial protection, Disaster Accident, recession, accidents, reliant, good deals, price
Young drivers need to ’shop around’ for insurance
February 5, 2008 by admin
Filed under News, News-Insurance
Young drivers have been advised to ’shop around’ for insurance after some providers have withdrawn cover for them, according to an insurance body.
The Association of British Insurers (ABI) said that there are some companies who do not offer young drivers cover as they fear they are more likely to have an accident.
Malcolm Tarling, spokesperson for the ABI, said: “They are more likely to claim and the claims cost a lot – I have never seen anything more expensive.”
He added that as a result young drivers should shop around to find the best deal for their insurance, as some companies are more competitive than others.
“Look into the pass plus; some companies now offer incentives for young drivers who have this,” he concluded.
According to reports in the Daily Telegraph, Axa, More Than, Swiftcover, Saga and HBOS brands such as Esure, Sheila’s Wheels and Halifax are among the growing number of insurance providers that automatically reject all applications from 17-year-old drivers.
Teenage drink-drivers a ‘deadly combination’
August 30, 2007 by admin
Filed under News, News-Insurance
One in five teenagers has driven after drinking alcohol and one in 14 has driven after taking drugs, a new survey claims.
The research was carried out by Break, a road safety charity, in conjunction with a leading car insurance provider, Cooperative Insurance.
It has prompted calls for immediate action to lower the drink drive limit for all drivers from the current 80mg per 100ml of blood to 50mg per 100ml of blood. This would bring the UK in line with EU recommendations.
Campaigners have also called for changes to driver testing, training and licensing.
“Every day young drivers kill and seriously injure themselves and others through a deadly combination of inexperience and taking risks like drink and drug driving,” Jools Townsend, head of education at Charity Brake, told the BBC.
Government figures reported by the BBC show that, on average, more than three people aged 17 or 18 are killed or badly injured in car crashes every day.
Car insurance premiums for teenage drivers have traditionally been high because of the significant likelihood of young motorists making claims.
Types of car insurance
There are two different types of vehicle cover that are standard in the UK. As all drivers know car insurance is compulsory in the United Kingdom and everyone must have a sufficient level of cover. This is the only sensible method to have, as without insurance whenever accidents occurred there would be anarchy with much confusion on who should pay for damages. Read more
Tags: wrong time, peoples cars, Disaster Accident, fire and theft, third party, fully comprehensive, car insurance types, accidentHow 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
Tags: assessment, system, service, Disaster Accident, paper, young person car insurance, riskMaking a Car Insurance Claim
Having an accident and making a claim on your car insurance Read more
Tags: reality, stage, Disaster Accident, business, day, sense, car insurance claim, party