Check Your Insurance Cover Before New Insurance Ruling

May 29th, 2011

The Motor Insurance Database has urged the car owners to check their registration with them and be insured through car insurance supermarket. The firm is also working with different UK insurance providers like Allianz, Aviva, Zurich and RSA to check the details of their customers recording in their database.

The car owners can themselves check their car registration number logged with MID online and in case the car owners do not find their car registered with MID, they can contact their insurance provider immediately to update the records.

Read more…

How young drivers can beat record insurance costs

May 29th, 2011

The average cost of insuring a car for young drivers has soared to a record high of £3,688, according to figures from moneysupermarket.com – but there are things you can do to keep insurance bills down. Newly qualified drivers face the steepest annual premiums at around an eye-watering £5,957.

Drivers aged between 17 and 22 could therefore face monthly payments of as much as £546 when opting to pay by instalments, which typically adds an extra 10% onto premiums.

With more than 448,000 young drivers passing their UK driving test each year, many have therefore been forced to give up their dreams of independence altogether – even after saving up for a car.

As one 18-year-old moneysupermarket.com user said on our forum: “I am trying to insure a 1998 1.25 Ford fiesta Vetec after passing my driving test last month.

“I have shopped around and tried adding my mum and dad to my insurance, but it is still £5,000 just for third party cover. It’

Read more…

Get covered for summer getaways, whatever your age

May 28th, 2011

Travel disruption caused by Icelandic volcanic ash has reaffirmed the need for travel insurance – but older travellers face a battle to find competitively priced cover. New figures from consumer champion Which? reveal that a quarter of travel insurance providers refuse to even consider offering cover to new customers who are 65 or over.

For travellers in their 80s the problem is even more severe, with some nine in 10 insurers rejecting applications from people in this age group as a matter of course. And even among those firms that do continue to cover people when they turn 65, premiums can triple overnight.

An annual worldwide travel insurance policy with Essential Travel, for example, costs £58.72 a year for people who are under 65, but soars to £205.51 for consumers over this age, Which? r

Read more…

Doubling up policies may raise premiums

May 27th, 2011

Bank customers who claim on insurance provided within packaged current accounts could end up losing their no-claims bonus on other policies.

Most paid-for bank accounts now offer consumers some form of home, travel or motor insurance as an add-on in return for the monthly fee charged for the account.

But for many customers, this insurance is useless. Often consumers have already taken out alternative, and more suitable, policies. This means they are needlessly doubling up their insurance, paying twice for inferior cover.

Not only are consumers paying for insurance they already have, but they could adversely impact both policies if they make a claim on one.

Read more…

Make Less Insurance Claims By Having Good Sleep

May 23rd, 2011

The sleep is necessary for safe driving, which influences reasonable deal online and one can compare car insurance quotes to get a good protective cover.

According to a research, the students attending their class in early morning are more likely to indulge in road accidents as compared to the one attending their classes late. The students of 16-18 years old attending classes at 08:40 – 8:45 rather than 07:20 – 07:25 are found to be safe driver as compared to early school goers. According to a survey, 41% of the early goers are more likely to involve in accidents as compared to late school goers.

The early school goers are sleep restricted so their mind could not concentrate well on road and causes rise in crash rate. The

Read more…

Allstate Buys Esurance And Answer Financial For $1 Billion

May 23rd, 2011

Home and auto insurance company Allstate is buying Esurance as well as Answer Financial for about $1 billion. Allstate told USA TODAY that the purchase will give customers more options among insurance carriers. Esurance sells auto insurance online and through call centers while Answer Financial is an independent personal insurance agency, according to USA TODAY.

Esurance sells auto insurance directly to customers online and through call centers. Answer Financial is an independent personal insurance agency. “Consumers today expect to have their specific needs met by their insurance companies. Our strategy is to focus on individual preferences and utilize different value propositions for distinct consumer segments,” Allstate President, Chairman and CEO Thomas J. Wil

Read more…

Page 19 of 65« First...1718192021...Last »