Be Wiser Insurance Knowledge Base

Often when you receive your car insurance policy, it will state that your policy is underwritten by a different company, but what does this mean? Who are these underwriters and what do they do? Here we unravel the mysteries of insurance underwriting.

A car breakdown can ruin your entire day, and it can be dangerous as well as costly. If your car has never broken down before, it’s a good idea to be prepared so that you know what to do. The most important thing to remember is that your safety should be your top priority.

Being involved in a car accident is a stressful experience, especially if you don’t know what you should do or what your legal obligations are. Here we explain what you need to do at the scene of an accident.

Car insurance excess is a fixed amount of money you will need to pay if you have to make a claim. This is made up of a compulsory (or ‘mandatory’) excess amount set by your insurer, and a voluntary excess you choose yourself. The compulsory amount determines the minimum amount you would have to pay if you made a claim.

If you have a business and own a van that several employees drive, or if several people drive your own private van, you may need to take out an any driver van insurance, or a multi-driver van insurance policy.

If you are caught breaking a motoring law, the police will issue you with a driving conviction. Penalty points are put on your licence as part of punishment for the conviction, and the record of your conviction is known as an endorsement.

You probably know that when you take out your car insurance policy, you can choose the type of cover you need. But have you considered whether you might need business car insurance?

In June, fraudulent whiplash claims made their way into the Queen’s speech as she read out 27 bills to be enacted over the next two years. One of these was the Civil Liability Bill, which aims to stem the flow of bogus whiplash claims.

Almost 90% of drivers believe compulsory eye tests for motorists would make our roads safer, according to a survey earlier this year. According to road safety officer Neil Worth from GEM Motoring Assist, regular eyesight tests are vital as more older people are continuing to drive.