From June 2011 (following new regulations in April 2011) all vehicles registered in the UK must be insured at all times or declared off the road with a statutory off road notice (SORN) The registered keeper of a vehicle is responsible for checking that their vehicle has up to date insurance, and will be liable to receive an Insurance Advisory […]
Author: Tom Wood | Date: 22/06/2011
Author: Tom Wood | Date: 13/06/2011
Not all household insurance policies offer the same level of cover, they are designed to fill different insurance needs. In particular, there are policies available for those who have accumulated value in their home, its interior decorations and possessions and want to ensure they are covered should the worst happen. Here are two examples of claims on premium household policies […]
Author: Tom Wood | Date: 19/05/2011
UK named as "Whiplash Capital of Europe"
Categories: General
Insurers have called for a clampdown on fraudulent claims that have seen the UK labelled the “whiplash capital of Europe”. The Association of British Insurers (ABI) said one out of 140 people claimed for a whiplash injury every year. For further information by go to news.sky.com/skynews/Article/201105115994879
Author: Tom Wood | Date: 01/01/2011
Increase in insurance premium tax
Categories: General
You may be aware the Government is increasing Insurance Premium Tax to 6% from the 4th January 2011. This is a 1% increase and it is the first increase since 2003. Though tax increases are widely unwelcome, the UK has one of the lowest Insurance Premium Taxes in the European Union. As an example, we list the tax rates currently […]