My Insurance Web has one simple goal and that’s provide you with everything you ever wanted to know about insurance… and a few things that you didn’t.
Huge numbers of small and medium-sized UK firms (SMEs) suffered at least one online security breach last year, figures reveal.
According to the 2013 Information Security Breaches Survey, 87% of UK SMEs and 93% of firms with more than 250 employees experienced at least one incident in 2012.The breaches ranged from web site hacking to data losses. Continue reading this post »
As if losing all their treasured possessions and having to re-make their home following a flood was not enough, homeowners are now facing more heartbreak as they sink under the cost of rising insurance premiums.
Victims of deluges and continuing wet weather are struggling to find affordable protection for their homes and possessions as insurers and the government hit a stalemate about who should pay for defences. Continue reading this post »
So you’ve saved up, deliberated over your favourite bikes, picked one and bought it. Then, in what can only be described as a moment of madness, you leave it in plain sight as you pop into the shop for a few messages. You come back out and your bike is gone. And according to MotorcycleNews.com it happens all the time! Continue reading this post »
Home insurance costs are falling thanks to a drop in theft claims over the past two years.
The rate of claims for content theft has dropped 9% since spring 2010, and this is reflected in lower premiums.
The level has fallen from 1.25 claims per 1,000 quotes to 1.14. During the same period, insurance premiums have fallen from an average £93.81 to £74.20 – a 21% decrease. Continue reading this post »
Claims satisfaction is the key to keeping car and home insurance customers happy, new research reveals.
A survey of nearly 10,000 people shows which insurance firms are on the right tracks, and which need to take steps to improve their service.
The study, carried out by consumer body Which? looks at the experiences of making a claim on home or car insurance policies in the last two years. Continue reading this post »
Britain’s reputation as the whiplash capital of the world is under threat as MPs move to clamp down on spurious claims for motoring injuries.
There are around 1,500 claims for the injury lodged every day, costing insurance firms more than £2 billion a year in compensation.
That means that everyone taking out a motor insurance policy is paying £90 towards a compensation bill, and My Insurance Web aren’t the only people getting fed up. Continue reading this post »
Flooding has become an increasing problem in recent years for home owners and businesses.
Figures show that 2012 was the wettest year ever for England, and was only just short of the wettest ever across the UK. In fact, four of the five wettest years recorded have occurred in the past 13 years.
All this rain means that flood-risk homes are increasingly difficult to insure. So how can homeowners find the right cover if they are in a high-risk area? Continue reading this post »
A leading motor insurer has announced a partnership with a law firm for customers making no-fault personal injury claims following road accidents.
The deal between Ageas UK, the fourth biggest vehicle insurance company, and Cardiff firm NewLaw, is the first following a government ban on insurers accepting referral fees from claims companies. It is a five-year partnership that will see the creation of Ageas Law LLP. Continue reading this post »
Hard times are pushing one in six people to run an online business from home, according to research by a business insurer. In total, around 8 million home businesses reselling bought in stock or making products to sell at a profit are trading on the internet. Continue reading this post »
Motorists are being warned to mind the gap over specialist insurance that protects the price of new cars.
Many insurers replace a stolen or damaged car at the full market value in the first year of ownership – but some dealers and gap insurers are selling policies that earn them lucrative commissions to do the same job.
The problem is, the policies won’t pay out because the other insurance already covers the loss, so the premiums are wasted. Continue reading this post »
