Safeguard your pets and your pocket with pet insurance cover
There are many different types of protective insurance policies available these days to cover all sorts of different circumstances, and all of these are designed to provide peace of mind, protection, and financial backup for the policyholder. One type of insurance cover on the market is pet insurance, and this type of cover is available at different levels. Read more
Tags: whilst, vet bills, pet, pet cover, pet medical charges, pet insurance, excess
Base rate may have been in line for bigger cut
The minutes of the latest Monetary Policy Committee meeting have suggested that the latest base rate cut of 1.5 percent could actually have been even bigger, as there was room for the MPC and the Bank of England to consider a rate cut of more than 2 percent based on inflation projections. The Bank of England announced earlier this month that the base rate was being cut by a massive 1.5 percent, which was the biggest cut since 1981 and took the base rate down to just 3 percent. Read more
Tags: Inflation report, point, base rates, excess, bank of englandBrits spend over £200 replacing damaged contents
June 4, 2008 by admin
Filed under News, News-Insurance
A quarter of Brits are spending in excess of £200 annually replacing damaged items in their homes, it has emerged.
Research conducted by Direct Line highlights that more than 30 per cent of accident-prone individuals have spilt red wine on their carpets, while more than a third admit to breaking ornaments, vases and photo frames.
Furthermore, 40 per cent of respondents said they had damaged furniture as the result of an accident.
Andrew Lowe, head of home insurance at Direct Line, says: “We all accidentally damage contents in our homes at some point. While these items are often small objects such as crockery or ornaments, the cost and inconvenience of damaging something with sentimental and material value is extremely frustrating.”
The insurer asserts that accidental damage cover can give homeowners “peace of mind” as they will know they are covered for spills and breakages.
In related news, the British Insurance Brokers’ Association recently urged people to seek advice from a broker before taking out a policy.
The association advised that this will help avoid over insuring and wasting money.
