UK 2009 Budget Urging the Country to Go Green

If you have an aging vehicle, you can profit from the recent announcement in the 2009 Budget. The government is promising a bounty of £2000 to any UK resident who chooses to scrap an older vehicle and purchase a newer model. This scheme, which is modelled after a similar one in Germany, will target cars that are nine years old or more. Read more

Tags: 2009 budget, car sales, effort, interested buyers, march car sales down

Ways of Shopping for the Best Mortgage Deal

Due to the current recession lenders are no longer offering great deals to potential homeowners in an effort to entice them to apply for a mortgage. Read more

Tags: cheap mortgages, phone call, credit, effort, late payments, good financial advice, best mortgage deal, bankruptcy

Government should give ‘proper insurance’ to soldiers

Service men and women who are fighting abroad should be provided with “some kind of proper insurance” by the government, the investment director of Buckles Investment Services has said.

Richard Eling of the independent financial advisory said that people engaged in the war effort should not have to seek their own insurance cover when going abroad with the army and that the government should pay for their policies.

“It’s a bit rich to send someone to Iraq on £18,000 a year and then ask them to pay for their own insurance cover,” Mr Eling commented.

A total of 176 British soldiers have been killed since the beginning of the war in Iraq.

Mr Eling has said that many soldiers who were sent to Iraq and Afghanistan and used the private insurance company Pax have not had everything covered by their subsequent claims that they thought would be included when they bought the insurance policy.

Tags: service, war in iraq, Financial economics, effort, everything, total, Richard Eling, army

Small drop in car insurance premiums

Despite a small dip in the last quarter, car insurance premiums remain high, new research shows.

Drivers taking out comprehensive insurance faced an average annual bill of £802, according to the AA’s benchmark British Insurance Premium Index.

Although this represents a £4 dip in yearly costs from the previous figures, it was falling from an all-time high after prices rocketed 4.35 per cent in the three months to the end of 2006.

Commenting on the results, Kevin Sinclair, managing director of AA Insurance, expressed surprise that premiums had dropped, saying: “I had expected premiums to continue rising and I think the underlying pressure is still upward.

“Most insurers continued to apply small increases in an effort to close the gap between premium income and claims costs.”

Third-party, fire and theft (TPFT) insurance saw a slightly higher drop in annual premiums to £993 at the start of the year, equivalent to a £6 saving.

But Mr Sinclair also doubted whether this downward trend would continue as most TPFT cover is bought by young people, who represent a five-time greater risk to insurers due to the higher accident rate among people under 21.

Tags: insurance premiums, Business and Economy, effort, drivers, Mr Sinclair, premium, previous figures, fire

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

Tags: insurance company, cheap home insurance, home, paperwork, effort, Insurance, supplier, Claims adjuster