Car insurance scammers who stage accidents in order to claim money off the innocent party’s policy are on the rise, according to recent statistics. It’s been estimated that these “cash for crash” fraudsters cost the insurance industry £350 million last year, adding an extra £44 to the cost of each UK motorist’s car insurance policy. [...]
Motor insurance premiums rose by 14% in the second quarter of this year according to research from confused.com In the three months to June the average cost of comprehensive car insurance has increased by 14.2% bringing the average price of comprehensive cover to £599 which is an extra £74 increase. It’s been suggested that insurers [...]
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M&S Money Insurance is advising cyclists to check that their home contents insurance policy covers their bicycles in case of theft or damage. The comments have been made after the insurance company carried out a survey which discovered that 76% of UK households own at least one bicycle. The poll also revealed that one quarter [...]
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