New data laws give customers more control over their information – this could help you save money on insurance! Could you benefit? How can you benefit from GDPR? While the rules under General Data Protection Regulation may seem like a minefield, they do give you better and clearer rights in terms of your personal data.…
Since ship owners bartered with insurers in the City in the 17th Century, how insurance premiums are calculated have been somewhat a mystery. Many factors are taken into consideration – it’s important for insurers to be transparent to help you get the best deal. Can you control your insurance premium? Each type of insurance has…
While All Med Pro specialises in professional insurances for medical and dental practices and practitioners, we know that you also need a similar level of protection and service in your personal lives. We provide high value motor insurance for your prized possession – find out what it covers. Protect your high value car If you…
No-claims discounts are meant to encourage people to drive safely through the promise of lower premiums. But do they really save you money long-term? What a no-claims discount means for you It seems like a win-win: customers get a discount on their insurance and insurance companies save money because they have less claims to deal…
Getting the best policy at the lowest price is everyone’s ultimate goal at each renewal period. With a number of insurance premium tax rises over recent years, and steady increases in insurance in general, it can seem like a hard task to find a better deal.
2017 was another tough year for motorists, with an overall increase of 9% reported in the average car insurance premium. The Association of British Insurers’ Motor Insurance Premium Tracker found that drivers are now paying an extra £40 on their premium, with an overall average policy now costing £481.
Imagine a situation where you’ve bought a brand new car costing you around £40,000 and just over a year later it is stolen or written off. With the AA suggesting that a brand new car can lose up to 40% of its value in the first year, your insurer would be paying somewhere between £24,000…
Insurance prices fluctuate throughout the year, as well as year on year. Price variations are usually due to scenarios like cost of claims, insurance premium tax changes and how competitive the market is. Insurance prices have also traditionally followed a cycle, with rising and falling premiums working roughly in 7-year periods. But did you know…