Burglars: Get On Your Bike!

October 8th, 2015

bicycle lockA leading home insurer has revealed the most common burglary claims and the report makes for interesting reading. Homeowners would be forgiven for automatically assuming that electronic devices claim the top spot, whereas most claims are actually made for the humble bicycle. Read the rest of this entry »

More than a million uninsured drivers on the roads

October 5th, 2015
scene on a scrap heap

scene on a scrap heap

The number of uninsured drivers on the country’s roads has started to climb and new figures suggest there could now be over a million motorists without insurance. Figures released by the Motor Insurers’ Bureau (MIB) reveal that compensation payouts for accidents involving uninsured drivers have soared by 10% over the past year. Crunch the numbers and that’s an additional 20,000 drivers getting behind the wheel without insurance in just 12 months. Read the rest of this entry »

Modern Highwaymen: Crash for ready Cash

September 30th, 2015

Crash for Cash landscape_dna1Motorists are being warned of a new breed of highwaymen who are getting away with daylight robbery on the country’s roads. Everyone has heard of ‘crash for cash’ scams and now criminals are taking things literally by staging crashes and demanding on-the-spot cash payments. It’s a new twist on an old scam that can leave motorists seriously shaken and seriously out of pocket. Read the rest of this entry »

Are bus lane cameras really council ‘cash cows’?

September 24th, 2015

bus lane penaltyA recent report has revealed that motorists are paying a hefty price for accidentally straying into bus lanes, but are the penalties fair? Bus lane infringements have overtaken parking fines to become the nation’s biggest bugbear and leading motoring organizations are urging the government to take action. Read the rest of this entry »

10 Tips When Buying a Second Hand Car

September 17th, 2015

used carModern cars are built to last and today the second hand car market is booming. However, with slick salesmen and unscrupulous scammers; buying a used car can be a daunting experience. Take the following steps to make sure you get a reliable runner at a great price: Read the rest of this entry »

Professional Indemnity Insurance Explained

September 15th, 2015

professional indemnity insuranceIn the not too distant past Professional Indemnity Insurance was seen as a useful ‘business extra’ but thanks to an increasing appetite for negligence claims; it’s fast become recognised as a ‘business basic’. Research has revealed that the market has grown 7% year-on-year since the start of the decade and annual premiums now add-up to over £1billion. Read the rest of this entry »

Insurance News: A month in the headlines

September 9th, 2015

scared emoticonTexting drivers are pushing up premiums

If you haven’t FoMO you could be missing out. Fear of Missing Out refers to a social anxiety that others are living life in the fast lane and you’re watching from the pavement. Symptoms include an addiction to social media and FoMO helps to explain why so many younger drivers use their smartphones behind the wheel. A recent survey revealed that 16% of drivers aged 18-24 saw nothing wrong with sending messages in slow moving traffic, and one of the country’s biggest insurers has partially blamed mobile phone addicted youngsters for the recent 10% jump in premiums. Read the rest of this entry »

More younger travellers setting off without insurance

September 4th, 2015

accidnets abroadYounger holidaymakers are being urged to pack travel insurance or risk being left seriously out of pocket. A recent report by the Association of British Travel Agents shows that one in five travellers jet-off without insurance. It’s a headline figure that remains more or less unchanged year on year, but dig a little deeper and the report makes for interesting reading. Read the rest of this entry »

First time buyer home insurance explained

August 31st, 2015

Buying your first home can be a daunting experience and with a million and one things to do; it’s easy to overlook the basics. However, no matter how hectic things get it’s essential to arrange the right home insurance; otherwise if things go wrong you could be left seriously out of pocket. Read the rest of this entry »

Cyber Risk Insurance: Lessons from the latest high-profile hack attack

August 28th, 2015

 No matter where you stand on the on the ‘extramarital dating’ debate; the recent hacking of Ashley Madison has taught us all one clear lesson: leaky cyber security can destroy businesses, reputations and lives. Cyber crime can be catastrophic to both businesses and individuals, and as we live more of our lives online we all become increasingly vulnerable. Read the rest of this entry »