Be Wiser Insurance Knowledge Base
Insurance is all about managing risk. One aspect of risk management by the insurer is the application a policy excess to ensure the policyholder shares in any loss.
There are over 34million registered vehicles and 25million homes in the UK, which means that at some point in the near future it will be that time of the year when you have to think about renewing your insurance.
Many of us consider driving our cars abroad, but do you really know what insurance cover you have when you drive through other countries?
Of all the documentation issued by motor insurers, the Certificate of Motor Insurance stands alone as the most important document. Its primary purpose is to provide evidence that at least the minimum level of insurance c
The largest cost to insurance companies is the cost of claims. Motor insurers have not made an underwriting profit (a profit on the actual insurance they sell) since 1994.
It’s a question which is often asked by purchasers of insurance and one which doesn’t really have a definitive answer.
We can all remember that wonderful moment when the driving examiner informs you that you have passed your test and you are now free to drive your car whenever and wherever you wish to.
Insurance fraud is very often seen as a victimless crime against a faceless corporation that is more than capable of paying out any amount of money.