Recent flooding across the UK has taken its toll on many households, and thousands of pounds worth of damage has been sustained in some homes as a result of the torrential rain and bad weather conditions. Many people in the UK have had to deal with the headache of uprooting whilst their homes are sorted out and making claims for damaged property and belongings, and the financial side of the storm and weather damage is likely to take its toll on insurance companies as well as on households. Read the rest of this entry »

Popularity: 78% [?]

A recent report has highlighted how the cost of home insurance can be affected as the result of where you live, with certain postcodes in the UK commanding higher insurance premiums as a result of increased risks associated with these particular areas. It has been found that residents living in West Norwood in south-east London, Bacup in Lancashire, and Anfield in Liverpool, could find themselves paying far higher home insurance premiums than those living in other areas of the UK. Read the rest of this entry »

Popularity: 76% [?]

Many people throughout Britain may be considering giving up smoking now that the law banning smoking in enclosed public areas is well and truly under way. This could see many people saving the thousands of pounds that they spend each year on cigarettes, as well as seeing their health vastly improve in some cases. However, there are also other financial benefits to consider if you are giving up smoking, as you could also save money in other areas as well as on the cost of cigarettes. Read the rest of this entry »

Popularity: 72% [?]

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No compensation for flood victims

Posted in General at January 25th, 2008 / No Comments »

June and July 2007 saw some of the worst flooding on record in the UK, and many households have been affected by these weather conditions. Insurance companies were hit by millions of pounds worth of claims as the result of severe damage caused to many homes in certain areas of the UK. However, it was not just those that sustained damage to their homes and belongings that were affected – many homes also found themselves without drinkable water for nearly three weeks following the floods when a treatment plant was closed down. Read the rest of this entry »

Popularity: 48% [?]

The UK has jut been through the wettest June on record, and as a result of this many are still assessing the damages sustained to their home and property, caused by severe floods and torrential rain over the past few weeks. Insurance claims have already started to flood in to insurance companies all around the country, and both consumers and insurers are counting the costs. Initial reports from insurance experts indicate that the level of claims resulting from the flooding could exceed £1 billion, and many say that the actual cost could be far higher than this as some customers are still in the process of submitting their claims. Read the rest of this entry »

Popularity: 68% [?]

It has been revealed that many of the UK’s leading insurance companies are failing to provide valuable information relating to customer satisfaction levels – or dissatisfaction levels. The lack of information is making is difficult to determine how insurance companies are performing as customer satisfaction levels cannot be accurately assessed. However, in the light of controversy over various issues such as mis-selling of policies and poor customer service, there are many customers that have expressed dissatisfaction with their insurance provider. Read the rest of this entry »

Popularity: 54% [?]

Life insurance is a very popular and beneficial form of insurance cover, and there are two types of life insurance that are available, which are term life insurance and whole of life insurance. According to a recent report the popularity of term life insurance in the UK is soaring compared to whole of life cover, with consumers appearing to favour the cost efficiency and simplicity that comes with term life insurance cover compared to the latter. Read the rest of this entry »

Popularity: 66% [?]

It seems that these days companies, including banks, building societies, and even government agencies, seem to have a real problem hanging on the personal data of consumers, and over recent months the financial headlines have been dominated with news about various firms and agencies losing personal and sensitive data that could put consumers at increased risk of becoming victims of identity theft and fraud. Read the rest of this entry »

Popularity: 51% [?]

Police forces across the UK are getting tougher on drivers that have no vehicle insurance in place, and for those caught this offence could mean much more than a few points and a smacked wrist. Drivers caught without insurance could face losing their vehicle altogether, as they car will be crushed if the driver does not pay hefty fines and sort out car insurance cover in order to claim it back. Read the rest of this entry »

Popularity: 77% [?]