Tesco Bank has announced the launch of Tesco Pet Accident & Injury Insurance in response to research that reveals more than two thirds (70 per cent) of pets are uninsured. Tesco Bank’s research showed that for many the pet insurance market is seen to be a potential minefield. There is such an overwhelming choice of [...]
Latest Insurance News
Motorists waste £2.8 billion on renewals
Motorists are wasting nearly £2.8 billion each year by staying loyal to their existing car insurer, and not shopping around for a better deal at renewal time, says MoneySupermarket.com. With new ‘12′ plate car registrations released on 1 March, research from the comparison site reveals 7.3 million drivers (20 per cent) automatically renew car cover [...]
Big freeze fortnight costs households £1.6 billion
British households will be forking out £1.6 billion extra, collectively, on their energy bills as a result of turning up the heating during the recent “Big Freeze” according to MoneySupermarket.com. The comparison site found over a third (38 per cent) of energy users are concerned about being able to afford their energy bills as a [...]
Sainsbury’s Finance launches new home insurance
New research from Sainsbury’s home insurance estimates that the average cost of running a home is now around £11,360.70, and to help people protect their properties and their purse strings, Sainsbury’s Finance is launching a new home insurance offering that will enable Sainsbury’s shoppers to not only save on their cover, but also their Sainsbury’s [...]
Ensure holiday dreams don’t end up a nightmare
With many Brits already booking their 2012 getaways, the countdown is on for jetting off to sunny climes – but don’t let it be ruined by leaving it too late to buy travel insurance. Research from Moneysupermarket found over half of holidaymakers (58 per cent) delay buying cover, opting not to take out travel insurance [...]
Car booty worth £1.6 billion
UK motorists are leaving belongings worth around a staggering £1.6billion in their cars, often on show, making them an easy target for would-be thieves. Sunglasses, clothes and sat navs top the list of the most common items left at risk in vehicles according to research by global insurer Zurich. The survey found more than half [...]
Rising petrol prices will push 1 in 5 drivers off the road
An independent survey amongst over 1,000 motorists carried out by car insurance provider Hastings Direct has revealed the extent to which motorists are changing their driving habits due to the rising cost of motoring. At the turn of the century petrol prices were about 77p per litre – they have nearly doubled in just 11 [...]
AA calls on Government to act on floods
Simon Douglas, director of broker AA Insurance, said: “Flood protection is a national priority, yet many people in flood-prone areas may find their homes difficult to insure from later this year. “People want the government to take decisive action now, to ensure that their homes are protected. “But that’s not happening with the Environment Agency’s [...]
Home premiums steadily rising
Home insurance premiums continue their steady upward trend, according to the latest benchmark AA British Insurance Premium Index. The Shoparound index, which is an average of the cheapest three premium quotes returned from a range of insurers for each ‘customer’ in a nationwide basket of risks, show that the average quote for annual buildings, contents [...]
1.6 million drivers at risk of £1,000 fine
Sainsbury’s car insurance has revealed that over 1.6 million drivers could be at risk of a £1,000 fine because the photo card on their driving licence has expired. In addition, almost 3 million drivers must renew their photo by the end of 2012 yet many are not aware of this. Sainsbury’s car insurance is encouraging [...]
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