It has been revealed that the claims total for Payment Protection Insurance (PPI) has hit £320 million and continues to increase. After the Judicial Review in April 2011, an increasing number of people have been coming aware of their missold PPI situations and as such have been seeking ways to gain compensation and repayments.The PPI misselling scandal has been hugely highlighted by the media, which in turn has led to millions of...more
Michigan's system of insurance for motor vehicles has been either praised or decried for years, depending on how you feel about government involvement in insurance. While always among the highest average premiums in the country, Michigan also has the best-protected drivers of any state. Now, however, it looks set to change, as new legislation comes up for debate in Lansing's legislative bodies. Will there be a new system? If so, what...more
How would a car insurance company know if I had a claim on previous insurance policy? As above, I claimed on my existing car insurance policy about 2 years a go now. When getting new quotes they ask if I've had any claims in the past 3 years (which I have)Once canceled, you may need to have High Risk insurance for 3 years. You could find yourself canceled for falsification. They ask now, and check later. They have access to insurance claims records/ DMV records. They can easily find claims on file from you through choicepoint by lexis nexis. Never lie on any form this can cause your insurance to be cancelled and if you get into an accident your claim can be denied for not disclosing the accident.If I bought car insurance in one state and then move to different state do I have to buy new insurance? I bought insurance for the year in one state but just moved to a different state where I will have to register my car again and get a new license plate.He can do all this for you.If you cannot find one,. Check your policy for an 800 number. What you should do is find an agent in your new area who handles your company and talk to him. They can help you. There is no need to get a new...more
The famous American scientist Benjamin Franklin once said In this world, nothing is certain but death and taxes. Indeed what he said is true and the inevitable will soon happen to us, we just dont have an inkling as to when and how it will happen. And what better way to prepare for such fact of life than to be covered by the life insurance suitable...more
Cancelling your continuous car insurance when the finances get bad is one of the foolish ideas that you have ever thought. Not to mention that you will be driving illegally by dropping your required liability insurance.By driving without any insurance you are setting yourself up for an additional driving violation ticket if you are pulled over by a...more
From time to time it is important to review your current insurance coverage to make sure that it is up to date and represents your present needs. In some cases, no adjustments need to be made in the level of coverage you have, however you may find out you can actually save money while getting a more tailored policy that is designed around your particular needs. For some people, they may need more coverage while others may need less. In any case, you should review your policies at least once a year and compare prices and options from other companies to see if you can get a better deal somewhere else.A lot of insurance companies reward people for loyalty, however many still overcharge and under serve their customers. Knowing the difference as well as where you stand can improve the quality of coverage that you have while increasing the value of the investment you are making. Protecting your interests is very important, but continually reviewing and revising is necessary is equally important, yet is also overlooked far too often. There are many ways that you can find information about different companies in the policies they provide, but the important thing is is that you get this...more
You can now officially goodbye to the days when you had to continue your health insurance plan and coverage for benefits accrued at the time. Transferability of the new regulation, if you feel the gap between what was promised and what is delivered...more
Many people tend to question whether or not they can get a Landlord Insurance Policy that will cover their property if they were to rent it out to people who are Housing Association Tenants, or if they can whether or not it will cover them for all of...more
Public Liability Insurance is a type of insurance that although not required by law is becoming something that more and more tradesman are having to get before they are allowed to undertake any work on a property because more and more people are...more
Does car insurance boggle your mind? Were not surprised. The various options and decisions regarding your car insurance could leave you confused and conflicted. With this article we shall attempt to clear up some of those dilemmas.1. Getting...more
Fire Insurance Policy is given by insurance companies which design the term and conditions in such a way that the insurer can get the benefits. Machinery Breakdown Policy covers financial loss acquired by an insured due to the loss or damage caused...more
Buying a new car insurance policy is not easy. You have to consider how much coverage you want and what kind of protection you need. If youre wondering what kind of people get the lowest insurance rates and why heres an interesting list of people....more