Supermarket.Com News

Car Hire Insurance: Buy before You Fly

wiz — Wed, 28 Jul 2010 11:09:15 +0000

According to one of the leading low providers of comprehensive car insurance in the UK, people travelling to US would face a car hire insurance of 34 per cent. This rate has increased drastically because of the exchange rates in the past two years. The car insurance company said that if the UK travellers bought the insurance cover in UK car insurance supermarket itself before leaving for the US, they could save about 50 per cent.

Currently, the US dollar is 1.48 to UK Pound whereas two years ago in the year 2008, it was 1.98 to the UK Pound. Earlier, if the UK travellers bought car hire insurance from a rental company in the US at 15 dollars per day, the GBP had cost them 106.06 for two weeks but currently, it would cost them 141.89 GBP.

The car insurance company advised the UK travellers that buying car hire insurance in UK for holidaying in the US for two weeks would be a feasible idea as it would cost them only GBP 69.86, giving them a chance to save up more than GBP 72.

The CEO and founder of the car insurance company had said that though US is a great destination place but is relatively expensive for the travellers from UK. Buying insurance before flying down is a more feasible option to save money. UK car insurance companies could also offer better security through coverage for carjacking and road rage.
More than a million UK visitors rent a car while on holiday in the US. Therefore, it is necessary to cut down on the cost and save a lot of money. Most companies in the US offer the car hire service with and without insurance. It is, therefore, even more necessary for the travellers to understand what kind of car hire service they are dealing in.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Audi Cars Rule in the Car Insurance Supermarket

wiz — Wed, 28 Jul 2010 09:49:29 +0000

Audi cars have a great reputation in the car insurance supermarket. A release from a leading UK financial and trade service provider shows that Audi drivers can actually expect to get a low insurance premium as compared to the other makes from the same company. The insurance rating is a monthly phenomenon that assures a new rating to a car model, with its inception in 1980s. The rating is given based on the style, engine, variant, as well as the trim levels. The data taken for the Audi makes reveals that the rating is pretty lower than that of its competitors, thus ensuring that the Audi owners are more likely to pay a lower car insurance premium.

The other factors that are employed for these ratings include penalty points for purchase price, cost of the essential parts, cost of replacement and repair of the body parts as well as the ease and comfort quotient of the car. These factors have a direct influence on the insurance rating of the car. The greater is the value of the purchase price of the car as well as the parts, the greater will the penalty points levied upon it. Similarly, if the labour charges and the cost for repairing purposes are eminent, the points will be high, subsequently shifting the car make into the higher insurance group.

Another important factor determining the insurance premium of the car is the security performance. This factor affects almost every point and rating and the majority of the insurance premium is dependant upon how secure and efficient the car is, on the roads. Audi cars have been able to get the security bonus points for four straight years, which keeps the cars from Audi as the best car brand offering the best performing car in terms of safety and security from thefts than the other makes.

Audi cars thus have an edge in the car insurance supermarket, so of you are looking forward to buy a new car; the choice is a unanimous one.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

London Is the Prime Fine Capital

wiz — Wed, 21 Jul 2010 09:28:27 +0000

A recent independent research by a leading car insurance provider in UK revealed that people in London pay hefty motoring fines, about £680 in their lifetimes. The research also stated that Northeastern areas of the country are more likely to pay £352 on an average for motoring offences. People in Southeastern areas pay around £303 on an average for such offences.
A comparison made between drivers based on their genders showed that women are more likely to pay around £210 on an average as motoring fines. The same figure in case of male drivers was much more, about £344 on an average.
The head of the department of risk and underwriting at the insurance company that conducted the research said that it is very costly for the people to own a functioning car in the UK because of the rising fuel prices as well as unavoidable expenditures such as motoring fines. This makes owning and running a car in the UK all the more expensive.
The research indicates that a number of motorists who do not pay much importance to rules and regulations and keep on violating them. It is evident by a considerable number of people who use their mobile phones while driving on the roads and consider it a petty issue.
He also added that such offences add points on the driving licenses of the drivers and deemed as serious offences because they pose a great threat to the driver as well as other people on the roads.
Car insurance supermarket offers various insurance premium discounts to the drivers if they are able to maintain a no-claims history and a clean driving record for a considerable time. By getting such points on the driving licenses, drivers can lose the opportunity to get an insurance policy at a discounted rate.
All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Get Suitable Car Insurance for Your Imported Car

wiz — Wed, 21 Jul 2010 09:25:38 +0000

Importing your much awaited car can be a smart way to save money in UK. Once you decide to import that Japanese car with more specifications, the thought of insuring it starts nagging in your mind. However, it may be difficult to get insurance quotes for a car which not built according to the UK standards. Therefore, buyers should take special care of this factor.

Some buyers even wonder about the reason behind the difficulty to obtain car insurance for imported cars. The reason is that the parts and mechanism of the cars may be rare, which leads to trouble in replacement or repair of the imported car. This makes the insurers refuse the requests to completely insure an imported car. Whether the car has left-hand or right hand drive also affects the quotes from some of the insurers. However, there are insurers who provide similar quotes to right as well as left hand drive.

To get the best suitable deal with the car insurance for imported car, you must visit car insurance supermarket and take as many quotes as you can. You can also take help form a car insurance comparison website, which may provide you the right analyses of all the quotes available to you. Several insurers specialize in providing the insurance for imported cars, but they may not essentially provide you the cheapest deal. Therefore, it is wiser to shop around in the supermarket and consult insurance specialists.

A modified imported car may further decrease the chances of getting suitable car insurance quotes. This implies that you should always limit the changes you make in your imported car. It is better to keep the car in the original form rather than installing any expensive parts to the vehicle. The more you take security measures for your car, the more are chance to avail discounts.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Poor Road Surfaces Causing Rise in Car Insurance Claims

wiz — Fri, 16 Jul 2010 09:58:24 +0000

Poor road surfaces are constantly becoming a major cause of accident for car insurance customers. The director of one of UK’s leading trade association said that inferior quality of road surfaces have been leading to increased number of accidents on such roads. Because of such accidents, many car insurance customers find their cars badly damaged and in need of a claim.

The trade association for vehicle building and SMART repair has advised the motorists to drive carefully with precautions on such roads but the association accepts that damage to the vehicle is inevitable. Car owners try to do their best to avoid any damage to their vehicles by avoiding the surfaces of roads that are badly broken or have potholes. Efforts of the vehicle owners do not protect the car from any possible damage instead motor owners, at times, drive erratically on poor road surfaces to skip over the potholes and other road damages but end up damaging the vehicle or lead to accidents.

The director of the trade association said that it would be advisable to take a photograph and measure the road surface that damaged your vehicle. Report the damage as soon as possible to your insurance company. This could serve as good evidence if you are looking forward to incur your financial losses from the State Highway Authority for the poor quality of roads. The evidence can serve well for your car insurance company can also give you some kind of financial settlement.

Poor road surfaces can fail the tyres of the vehicle; damage the wheel rims and exhausts. According to a leading car insurance company in the UK, the car insurance supermarket suffers a loss of £2.85 million in the month of February this year due to claims against damage caused by potholes alone.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Cash For Crash A New Trend In Fraud Car Insurance Claims

wiz — Wed, 14 Jul 2010 11:27:54 +0000

Insurance frauds in the UK car insurance supermarket are on an alarming increase. About 5.2 million pounds worth of fallacious insurance claims have been applied and approved. These fraud claims have been causing the car insurance industry a loss of 44 pounds every month.

A research study on insurance has revealed that as many as 36,000 UK parents list the names of their children as spouses on their policies. This is done in order to decrease the insurance premiums. This act is prosecuted as a fraud case. One of the most common forms of frauds in the car insurance supermarket is opportunistic retail fraud. This involves exaggeration of the real claims by the people to get more payouts.

Crash for Cash is a relatively new form of insurance fraud that individuals act to in order to extract money from the car insurance companies. This practice involves an intention causing of accident for claiming money by the car insurance providers. This type of insurance frauds usually involves both parties to stage the accident and claim money from their respective car insurance companies. Such scams are highly common at Centenery Way in Manchester and M65 in Lancashire.

A total estimate of all these claims is approximately 350 million pounds annually. A revelation by The Association of British Insurers shows that in spite of the risk of being caught, one in every five people would go for applying a fake insurance claim. The consequences of being caught for a fraudulent claim would lead to a criminal record against the insured and hard struggles in accessing any service in the future related to finances. It is advisable to stay away from any acts of fraudulent claims and be an honest motorist to avoid any consequences.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Lower your cost of insurance

wiz — Sat, 10 Jul 2010 09:04:54 +0000

The cost of buying insurance for your cars is steadily increasing and each year more is being added to the motoring costs for drivers in the UK. The increase in insurance premium costs is so severe that many people are struggling to maintain their household budgets and are looking forward to get their car insurances financed from some bank or financial institution. The increase in the insurance premium tax applicable from 4 January will worsen the situation for the motorists.

Car insurance supermarket offers you a number choices from which you can select the one that is the best for your car as well as fits into your budget. No matter what type of policy you purchase, there are some simple and useful tips that can help you maintain a lower of level of car insurance premium if not very cheap.

The best method you can use for lowering the prices is paying a down payment at the initial stage of the policy rather than paying monthly installments. The difference between one down payment and a collective monthly installment can be 20 percent or higher. This simply means that by paying the total premium amount at once, you can save 20 per cent in your insurance premium cost. The only consideration here arises is your ability to pay the total sum as one single payment to the insurance company.

By taking pre-cautions and ensuring safety of your vehicles, you can again save some more money on the cost of insurance premiums. Adding a theft alarm in your car and similar gadgets will enable the insurance providers to offer you discounted rates of the premiums. Taking steps to make sure your car is safe at public parking spaces or even outside your homes will also help you get discounts on your car insurance premiums.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Elderly drivers and pensioners overcharged for car insurance

wiz — Sat, 10 Jul 2010 09:03:05 +0000

Pensioners and elderly drivers in the UK are paying an extra of almost £300, on their car insurance policies just because of their old age. So is the case with elderly holidaymakers. An independent research by a leading insurance company revealed that on an average, an old person of age 75 years would be offered a normal cover at £702. If a person of 85 years wants to purchase the same cover, the cost he/she will have to incur is about £1,224. This wide gap is equally dramatic for the elders when they go for purchasing worldwide travel insurance policies.
Car insurance supermarket figures for these elders are due to their age. Many car insurance companies consider old people as high-risk drivers owing to their slower reflexes, deteriorated vision and more probability to indulge into crashes.
A shocking result of the study also says that around 60 percent of car insurance policies are not open for drivers of age 81 years and above. Insurance companies simply refused to be offered any car insurance cover. Car insurance supermarket rates over the internet also differ from those over the telephone.
Many industry experts and spokespersons of leading insurance companies specializing in insuring elderly drivers have criticized this act, which is now being followed by a number of insurance providers. It has been proclaimed that the companies who are charging outrageous prices for car insurance policies from the elder drivers are ignoring the fact that people are leading healthy, happy and longer lives these days.
A spokesperson at ABI has tried to clear the air by saying that insurance companies are not discriminating on the age of the drivers, rather they consider the ages of the drivers where there is more probability of crashes and damage to the car. This consideration is based on the drivers’ claiming history in general.
All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Car Insurance for Extreme Driving Adventures

wiz — Sat, 10 Jul 2010 08:47:22 +0000

Motoring adventures are age-old adrenaline stimulators. The thrill of driving down the Route 66 race strip amidst the dusty road strip or a 4X4 off the road driving adventure on heavy wheel cannot match any other driving experience. Let it be a speed- drive on a Ferrari or driving on the winded mountains in Switzerland, the thrill to be a part of such a motoring adventure could never end.

A survey let out by one of the top insurance providers in the car insurance supermarket shows that more men if allowed to choose a driving adventure would want to drive from the east coast of the United States to the West Coast constituting a huge 40%. Fourteen percent of the remaining population still dream of test- riding a super fast car. Now, because speed as an adventure will never be out of fashion, attempts to break and set records often lead to accidents and mishaps.

Car insurance supermarket sends negative vibes when it comes to adventure or high- performance cars. Getting a low premium on car insurance is a tough task if you are interested in going for adventure motor sports. The obvious risks involved in the motor- driving adventures usually bring about high cost car insurance premiums.

Although, UK motorists do have their insurance cover even when they drive into the mountains of Switzerland or the ranges in Italy, it is important for the motorists to take extra precaution to avail their car insurance facilities. They must however, take care when it comes to extreme adventures such as that of driving or racing off a cliff. This form of adventure is sure to end with consequences, and may prompt the insurer to pull off the no- claims bonus.

For people interested in motoring adventures, getting car insurance from an experienced car insurance company would be the best feasible option. Experienced car insurance companies understand the intricacies involved in insurance policies for high- performance cars.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.

Poor Eyesight Affecting Your Insurance Cover

wiz — Wed, 07 Jul 2010 09:51:27 +0000

This may sound a bit vague, but good eyesight actually has influencing affects on your car insurance. You will have to understand that with poor eyesight, you will be needing prescription glasses to drive and as a responsible citizen, you are legally obliged to be abiding by the rules enforced by the law.

The increasing rate of car accidents has a knowing tag associated with them pertaining more with ‘I did not see the car’. This may look like a valid reason but it goes beyond the outer appearance. The laws for driving clearly state that any license-holding person needs to meet the standard eyesight chart rules set forth by the legislation. If they do not possess the minimum requirements, they abide to give up the license for good.

The minimum standard set forth is to be able to read letters evenly at a distance of 20 meters with or without your corrective glasses. If there are any recent changes in your power or if there is any enhancement to your clinical problems, you are bound to mention them to the legal authorities which otherwise, will be treated under an offence.

Under any such circumstances, your insurance company has the inbound right to deny an insurance to your considering that you fall under the high-risk driving groups. Although, in UK, it is not the rule to go for an eye test on every five-year basis, it will be a good practice to keep, as it will bring about increased safety for you as well as the other drivers.

Under any dubious cases where you seem to have engaged in covering up your acts, and if you meet an accident, your insurance company holds the right to refuse to pay your claims.

If you are a responsible law- abiding citizen, your insurer will be more than happy to get you a good insurance scheme. Compare the car insurance supermarket to understand the rules and policies set forth by insurance companies to get good deals.

All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.