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Insurance

New generation of travellers demand digital insurance services

International travel insurance provider, Allianz Global Assistance UK, is changing traditional insurance practices to ensure a simple ‘right first time’ claim submission and speedy payment.

Motorists feeling the heat as insurance costs set to rise this summer

Motorists will be feeling the heat as competition amongst motor insurance providers looks set to buck the seasonal trend by decreasing premium prices rather than rising this summer, according to the latest findings from comparethemarket.com’s motor insurance index, Premium Drivers.

Half of homeowners lack basic security common sense

Research from The Co-op Insurance has revealed that more than 13 million households in the UK – nearly half (48%) - are committing the most basic security faux pas, which could put their property and belongings at risk.

Failure to take cover at festival could leave you £268 out of pocket

UK festival goers are risking hundreds of pounds worth of valuables, as many admit they don’t have cover for gadgets and personal belongings taken outside the home.

90% of insurance claims now fully or partly settled after December’s storms

The Association of British Insurers (ABI) have reported further progress with the clean-up in the wake of the winter storms. Of the 15,000 property claims received after Storms Desmond, Eva and Frank, 90% are now either fully or partly settled.

Millions are missing out on valuable cover by arranging their travel policies at the last minute

As summer holiday season approaches, experts from Gocompare.com travel insurance are warning holidaymakers not to leave arranging their travel insurance to the last minute or risk losing their holiday costs if they have to cancel their trip.

Enterprising nation: One in 30 Britons a microbusiness owner?

New analysis from Direct Line for Business reveals there are 2.17 million microbusinesses with fewer than nine employees across the UK.

Thousands of homeowners could be caught in mortgage insurance trap

1.6m homeowners have bought home insurance from their lender and many mistakenly believe they cannot switch for a better deal.

Keeping it real keeps insurance quotes lower

Keeping it real when shopping around will produce more competitive car insurance quotes with premiums up to £126 on average lower, analysis from insurance market experts Consumer Intelligence shows.

UK households in danger of financial struggle due to lack of preparation for the unexpected

Despite one in five (21%) people admitting their household would not be financially secure for any length of time if it lost its main income through unexpected circumstances, many Brits continue to bury their head in the sand when it comes to having a financial backup plan.

Drivers fear driverless cars will drive up insurance

More than seven out of 10 motorists fear the launch of driverless cars will force up the cost of motor insurance – with more than one in three worried premiums will rise substantially, new research from insurance market research experts Consumer Intelligence shows.

Five ways to ensure a successful travel insurance claim

Ahead of the summer get-away, Gocompare.com Travel Insurance is advising travellers to make sure they have the right cover for their holiday, or risk being left out of pocket if they need to make a claim.

Phoning for home insurance? That’ll take 12 minutes

Home insurance customers need to expect to be on the phone for an average 12 minutes if they phone to check a quote, analysis from insurance market experts Consumer Intelligence shows.

Floor Re brings prospect of cheaper home insurance to beleaguered households

Homeowners living on flood plains typically pay 24 per cent more for their home insurance, according to fresh insight from MoneySuperMarket.

Friday is the most dangerous day to be a young driver

Young drivers are most likely to have to claim on their motor insurance in March, furthermore Friday is the day when there are the most claims from 17-25 year olds according to new data from the Co-operative Insurance.