Mar 15
UK’s insurance industry is currently suffering major problems due to the number of uninsured drivers that are loose on the roads. So much so, that the industry is being forced to pay expenses amounting to £500 million per year by the way of damages to compensate for their activities.
According to a recent survey held by MoneySupermarket.com, uninsured drivers on the streets of Britain are costing the car insurance industry around £500 million annually. This amounts to £30 to every person’s car insurance premium on an average. These are sorry figures indeed, especially while policyholders’ are already bearing the brunt of whiplash claims and the dreaded compensation culture that presently haunts Britain’s insurance industry.
The same survey reports that one in six drivers in the UK violate laws by driving cars they aren’t insured to operate. According to
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Tags: Major, Uninsured Drivers
Mar 07
In the event that your financial situation has been significantly modified during the latest period, compared with the moment when you have signed the policy, the umbrella protection insurance policy and clauses is not in concordance with your needs. When this happens, you will have to check the terms of the contract to see if they can be modified to your advantage.
It is better to revise the terms of the umbrella insurance policy, if one of the next events happened during the latest period:
- you have signed a new credit for a car or for a house
- you got married
- you have a child
- you have started a business on your own
- you have started to sustain your parents financially
- you are close to the retirement age
In case the policy does not correspond to your current needs, you will need to check if it is really recommended to sign a new policy. Read more…
Tags: Insurance, Insurance Contract
Mar 01
The Nonprofit Car Care Council (CCC) recently recommended drivers have their cars battery checked before winter weather sets in to avoid being stranded in cold, poor conditions. The CCC noted all batteries eventually need replacement, even if it is an infrequent requirement. Like most maintenance needs, the exact time it will become pressing cannot be predicted, so wise motorists may want to have this important vehicle component checked now.
This may be especially true for those who expect to drive a significant distance home for the holidays, or otherwise take lengthy trips. Winter can be hard on batteries because the cold thickens engine oil, forcing the battery to work harder in order to start a vehicle.
Common Battery Problems
According to the CCC, most batteries which develop problems do so because of overcharging or excessive heat.
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Tags: Car Care, Car Care Council, Care Council, Winter
Feb 23
Cheap car insurance, just like any other insurance, is a necessity in the UK. With over 26 million car owners, cheap car insurance is at the top most level on importance and popularity as compared to other financial products.
The cheap car insurance facilities available today are very flexible but you must be aware of insurance fraud. Stories of insurance frauds making fraudulent claims and bumping up premiums for the people have been increasing daily. Sure these stories would sound hilarious to you if you are not the victim, but it sure is not that way for the ones affected by this. It may shock you to know that over 2,500 fraudulent claims are uncovered on a weekly basis and the numbers still keep rising. It is essential to do a good deal of research in order to get the best quotes and facilities for your vehicle.
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Tags: Car Insurance, Cheap Car, Cheap Car Insurance, Insurance
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