Car insurance premiums are increasing year-on-year and while insurers have blamed claims firms chasing compensation payments and fraud, they stand accused of making the problem worse with a referral fees merry-go-round.
A hard-hitting Commons Transport Select Committee report in spring accused car insurers of double standards as they were blaming soaring insurance costs on ambulance-chasing personal injury firms that they sell leads to.
This is Money has been heavily critical of this fees merry-go-round, but intriguingly industry body the Association of British Insurers actually wants the fees banned itself.
On Wednesday, Money Mail put its case that rising car insurance costs are not down to fraud or greedy lawyers, but in fact it was down to insurance firms’ referral fees.
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Car Insurance, Insurance
The best way to reduce your car insurance policy is by claiming as many discounts as possible; to be able to claim the discounts, you need to meet certain requirements or supply the insurance company with the right set of documents. In this article, we are going to take a look at some of the the best car insurance discounts to claim. Let’s get started, shall we?
The most rewarding discount that can help you reduce your car insurance premium substantially is the multi-policy discount. To qualify for this particular discount, you need to purchase more than one insurance policy from the same company. W Full Post…
Car Insurance
No, parking tickets have no impact on your car insurance. They do not go on your driving record, which is why so many people seem to ignore them. However, parking tickets can impair your ability to renew your vehicle registration. Therefore, while they won’t affect coverage, they will affect your ability to legally drive your car. If you aren’t careful, you may end up with a Denver Boot or other immobilization device attached to your car. Your best bet is just to pay the parking tickets as they come, instead of just avoiding them.
Car Insurance, Insurance, Parking Tickets
Car insurance premiums have risen by more than 40 per cent over the past year, taking the average cost of a policy to £892, according to a closely watched index.
This is the biggest annual increase ever recorded by the AA Insurance Index, which has been tracking the quarterly movement of car and home insurance premiums since 1994.
Car Insurance, Car Insurance Premiums, Cent, Insurance Premiums
Understanding how to compare car insurance can be a little difficult, especially if you’re not familiar with the aspects, determining a good insurance policy. After several auto insurance rates comparisons you will get the effective results.
To avoid being locked in a definite comparison table you need to make sure the company you use to compare rates and quotes is independent. The independent companies are able to give you multiple quotes from several suppliers, which will help you find the best deal for you in terms of costs and benefits. You’ll also have the advantage of being able to compare a wider range of terms and conditions.
When comparing insurance companies, you must have a clear idea of what your goals are. Full Post…
Car Insurance, Compare Car Insurance