Archive for the ‘Insurance Tips’ Category
Where next for Aviva II?
May 15th, 2012
After our last post, following the latest wave of shareholder spring activity resulting in the Aviva pay deal being voted down, we werent sure on what the next steps where going to be. Whilst we cannot deny that the last five years have seen a huge effect on financial services firms (including insurance) throughout the world, Aviva have lacked any sense of direction. They seem to have lurched from one strategy to another without any increase in company value.
We were sure, as were the financial journalists, that Andrew Moss would be given at least until the end of the year to try and win over the city and investors alike.
Tags: Aviva, Aviva Ii
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AAA: Driving costs rise 1.9 percent
May 5th, 2012
The annual cost of owning and operating a sedan in the United States rose 1.9 percent in the last year, according to the latest annual “Your Driving Costs” study from AAA.
The average cost in 2012 is 59.6 cents per mile, or $8,946 per year, based on 15,000 miles of driving. The cost per mile is up 1.1 cents from last year.
“The average driving cost for 2012 is up due to relatively large increases in fuel and tire costs, and more moderate increases in other areas,” John Nielsen, AAA director of automotive engineering and repair, said in a press statement. “Those increases were offset by a decrease in depreciation, resulting in an overall increase of 1.9 percent.”
Costs vary depending on the size of the car.
Tags: Driving Costs, Percent
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Landlords urged to take not of new regulations
April 16th, 2012
Alterations to the Housing Act are set to come into force from April 6th, which will lead to changes in how landlords and agents deal with deposits.
The legislation imposes stricter timescales within which deposits need to be registered, with failure to comply resulting in severe penalties, which could see landlords compensating tenants with an amount up to three times the original deposit.
As well as deposit-related fines, penalties will also be implemented for failure to supply the correct information to tenants.
Another key change, and one which could have major implications, is that these rules will also be applicable for tenancies that have ended.
Tony Overhill, partner of Greenslade Taylor Hunt, said: “These are major changes to previously introduced legislation, which for the unwary or inexperienced landlord could potentially lead to punitive damages, particular relating to the registration of tenants’ deposits.”
Landlord Assist recently claimed that the government missed the opportunity to stimulate investment and encourage further growth in the buy-to-let sector.
Prepare for the challenges of becoming a landlord with landlord property insurance from Discount Landlord.
Tags: Landlords, Landlords Urged
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Business interruption insurance – standard cover limits
April 1st, 2012
There are three main parts to any business insurance policy. Cover for your business assets, including stock and work in progress, cover for liabilities, whether public, products or employers liability. Lastly, we have cover for interruption for the business. Whilst business interruption, or BI is sometimes neglected, many business owners, particularly those that have had a previous loss, are fully aware of the need to have this cover.
It can also be called loss of income or, in old money, consequential loss. What this means it that you are covered for additional losses (over and above the physical loss) caused as a consequence of the fire, or storm, or flood or break in etc.
Most insurers have two types of commercial insurance.
Tags: Cover, Standard Cover
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Younger customers more likely to switch insurance carriers
March 27th, 2012
Younger customers are almost twice as likely to change car or home insurance companies as older consumers, according to a new survey by Deloitte LLP.
In the prior year, 20 percent of 18- to 34-year-olds changed car insurance companies, compared to only 10 percent of those over 50. Almost 15 percent of the younger survey respondents signed with a new auto insurer between 12 and 24 months ago, compared to 9 percent of those over 50.
Among homeowners, about 12 percent of the youngest demographic had changed insurers in the previous year, compared to just 5 percent of those 51 and older.
Tags: Insurance, Younger Customers
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Best Ways To Insure Your Health
March 26th, 2012
Do you know what the best ways of insuring your health are? The first thing that you need to understand is that you are the only person who can insure your health and the way to do that is through diet, exercise, and insurance.
What I would recommend is that you get on a steady diet. If you don’t know what kind of diet is good for you then either look around online or talk to a diet specialist in the United Kingdom. I know there are a lot of them so don’t say that there aren’t. Something I would do is make sure you have enough vegetables and fruits throughout the day and then make sure you get your fiber, fats, and dairy during your meals. The r Read full post…
Tags: Health Insurance
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License To Kill (Your Dreams Of A Perfect Wedding)
March 17th, 2012
Because the one thing all of these places have in common is a license to have marriage ceremonies taking place. Without a license, your wedding will either not be allowed to go ahead, or will not be valid, which could be a fairly costly mistake.
Of course, you’re obviously going to check when you start making your matrimonial plans whether the place you’re hoping to become hitched in does indeed have a license. You may find booking a wedding at your child’s school might be an educational experience for the children, but without a license it’s little more than a Show & Tell assembly. But even if a venue does have a license, you’re not necessarily out of the woods. In fact y
Tags: Wedding
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More people to become landlords in 2012
March 8th, 2012
The number of people renting out properties in 2012 is set to increase, one expert has claimed.
Lee Grandin, director at Landlord Mortgages, said that the landlord sector is set to grow faster than any other market in the next 12 months as lenders look to back prospective landlords rather than residential property owners.
Therefore, buy to let mortgages are set to increase in popularity at a faster rate than any other type of home loan.
Recent research conducted by Mortgages for Business found that three in five landlords are planning to expand their property portfolio in the next six months.
According to the figures, 63 per cent will need to refinance their existing assets to do so, but three-fifths claimed lenders are not supporting property investors.
Mr Grandin added that although economic problems could hamper the market, the shortage of rental properties currently available means that rents are likely to “hold up very well” in the near future.
Prepare for the challenges of becoming a landlord with buy to let home insurance from Discount Landlord
Tags: 2012
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