Archives

The Most Common Reasons Your Insurance Claim Could Be Rejected As Revealed By The UK’s Biggest Insurer.

July 30, 2018 10:54 am

When you mention insurance to someone, the reaction is rarely positive and for most people it’s seen as a grudge purchase, something they don’t want to spend money on and don’t think they are likely to use. In fact, 55 per cent of consumers believe insurers will always try and wriggle out of insurance claims, fuelling their resentment of the industry. However, the UK’s biggest insurer, Aviva, says this is a myth and it paid out 96 per cent of claims in 2017 across its individual and commercial customers. It’s now urging UK insurers to debunk this myth to show that...

Home Insurance Costs Rise By More Than 20% In The Past Two Years.

July 16, 2018 10:51 am

Home insurance costs have jumped by 21% over the past two years, after hikes to insurance premium tax and the introduction of flood re-insurance scheme Data from April indicated that the average cost for buildings and contents insurance stands at £161 per year, rising from £133 in April 2016. Chris King, head of home insurance at Compare the Market, said: “With recent research finding that over five million UK households do not have home insurance, the continued rise in the cost of home cover will be a blow to the millions that can’t afford it. Home insurance should be considered...

Why It Makes Sense to Purchase Legal Expenses Insurance

July 2, 2018 12:22 pm

When taking out residential or commercial insurance, legal expenses is one aspect of cover that should not be overlooked. Legal expenses contracts fund the costs associated with legal and/or the costs of defending or initiating a court case. Legal expenses insurance can be purchased before an event happens as a precaution so that the policyholder is covered if an incident arises where they need legal expenses paid for. Some of the most common needs for legal expenses is to cover the legal proceedings incurred from the insured home or commercial premises, such as damage or nuisance caused by trespassers and...