Car insurance costs appear to be falling. According to the latest data from the Association of British Insurers, the average price paid for car insurance in the first quarter of this year was £466. That’s the lowest it’s been in two years, while the £15 drop in average prices from the previous three months is the biggest quarterly drop since 2013. Car insurance can be a painful part of any driver’s running costs, so any reduction has to be welcome. However, it seems that some drivers are making a potentially costly mistake when taking out their policies. Overlooking the excess One really important factor in any car insurance policy is the excess. This is the figure that you have to pay up-front when making a claim ‒ insurers won’t process the claim until you have stumped it up. While there will be a minimum figure set by the insurer, you can opt to increase it. By doing so you can then cut the size of your car insurance premium ‒ if you … [Read more...] about DIY car repairs could void your insurance
How much does car insurance cost
Does your bank provide your home insurance, and is it competitive? John Hearne says now may be a good time to shop around.A cost comparison exercise indicates in compelling terms that taking your mortgage provider’s home insurance product without first shopping around is a bad idea. The research, carried out by brokers insuremyhouse.ie finds that some banks are giving quotes up to 90% higher than other rates available in the market. Jonathan Hehir is MD of insuremyhouse.ie. He explains that the broker took four typical home insurance cases and compared prices offered by the main banks with those available in the wider marketplace.“The price differences are huge,” states Hehir. “In more than one case, the bank quoted a premium that was 90% dearer than the cheapest quote on the market.“In monetary terms, we could see that one homeowner could be paying €178 more a year than their neighbour for the same home insurance — depending on who they take … [Read more...] about Banks failing to deliver home insurance value
The UK will be taking to the polls for the second time this month to vote in the European elections 2019. The vote on May 23 will involve selecting a party and its candidates to represent the North West region in European Parliament. The names on your ballot paper are in the running to become Members of European Parliament (MEPs), of which voting elects eight Members to represent our region in the EU. But what do MEPs do and how much do they get paid for it? Here’s everything you need to know about the European government role. Who are MEPs? MEPs are elected representatives for the EU who represent your interests and those of your region or city. They are expected to listen to local and national concerns, interest groups and businesses where they can then question and lobby the Commission and the Council of Ministers. What do MEPs do? They help pass laws that affect many aspects of our lives, such as how many working hours employees throughout the EU are … [Read more...] about What does an MEP do and how much are they paid?
EVERYONE knows the feeling of panic that sets in as soon as your fuel warning light comes on. But you could actually have more left in the tank than you think, meaning you don't have to stress so much about breaking down on the roadside. A study by Compare The Market looked at some of the UK's most popular vehicles to find out their real-world reserve range. And while the majority of Brits think they only have about 20 miles left once the warning starts, research revealed it could be more than double that. Most modern cars have a trip computer to tell you have far you've got left once you hit low fuel levels - but they're probably slightly more than what's displayed. On average, the fuel warning light will come on when the tank is around 10 per cent capacity. Top 10 cars with longest reserve range VW Passat – 75.02 miles Volvo V40 – 70.6 miles Ford Mondeo – 70.02 miles BMW 5 Series – 68.33 miles Toyota Prius – 66.62 miles Mercedes E-class – … [Read more...] about How far you can really drive with the fuel light on – models with the best and worst reserve range
What did people do before pet insurance? I read an article recently about how business is absolutely booming – and rarely paying out, especially for folk who have a less costly and more basic policy. So what did people do back in the days when there was less insurance about? Was it a case of taking the tragic decision to have a much-loved pet put to sleep?No matter how much we adore our pets, expendable money is not easy to come by, particularly when it can run into the thousands per year, depending on what condition your pet may have.Who has £5,000 to treat their pet annually? Pets are parts of our families so what a wrenching – yet common – situation to be in.Will it take a death for the speeders to slow down? If there is one road in Pompey that is infuriating to drive down, then it’s got to be Stubbington Avenue, North End. At its worst I have … [Read more...] about How many of you risk not insuring your beloved pets? – Verity Lush