Archives for April 2011

How accurate are Caravan Insurance Quotes?

2011 Motorfest - Some of the Highlights
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In today’s internet world, it is typically quick and easy to obtain caravan insurance quotes. The question might be asked, however, as to just how accurate such quotations may subsequently prove to be?

A typical quotation

If you are looking for caravan insurance, you may go through a three stage process:

  • looking at the headline prices – it is important to keep in mind that prices used in advertisements are typically only ‘indicative’ and may make certain assumptions about requirements that simply will not apply in your case;
  • the quotation – this typically involves keying in a very limited amount of information relating to your caravan and individual circumstances, in response, you will typically receive a quotation (though more correctly, this should be regarded as an estimation only);
  • the final price – to obtain caravan insurance cover it is typically necessary to complete a full specification of your vehicle and circumstances and that will allow the insurance provider to calculate a final price and issue your policy documentation.

Not every caravan insurance process will follow these exact steps but they may be broadly accurate.

Changes to the price

Your insurance provider needs to understand a fairly significant amount of information about you, your caravan and the way you plan to use it, in order to provide you with full policy cover.

If there were things that you did not fully declare as part of the quotation process, then understandably the final price may change once your accurate details are available.

The price of your insurance may also be subject to change from the original quotation if, once the policy is in place, you change the way that you use your caravan.

For example, you may have taken out a touring caravan policy that offers cover for European driving ‘as standard’ for up to a specified number of days.

If you decide to take your caravan abroad for a period that exceeds that originally covered by the policy, then it would be highly advisable to notify your insurance provider of this in advance.

In that type of situation, it may be typically straightforward to extend the cover but there may be additional costs involved in this.

These will obviously not have been included in the original caravan insurance quotes.

Student Insurance Comparison

Being a student can be a fantastic experience. For many it’s the first time they have some form of responsibility, and while the main purpose is studying it’s obviously all about having fun as well. But, it’s important to not get carried away. There are a lot of practicalities that need to be thought of with student insurance being just one of them, and with a lot of types of insurance to consider it’s important to be prepared.

Most people initially think of contents insurance, and this is a fantastic place to start. Whether you’re in halls or in rented accommodation it’s important to protect your possessions, particularly as the number of expensive gadgets that you own could cost a small fortune. Laptops, TVs and iPods are common, and with the right insurance you won’t have to worry about leaving them unattended.

But, there are a lot of other policies you might want to consider investing in as well. If you own a car then you’ll want to get adequate insurance for this stage in your life, and many student insurers will offer student car insurance in addition to your current contents policy. If you opt for a specific student policy you’ll often be able to save money when compared to regular cover, and you can have plenty of added extras such as European extension and even the option of getting your no claims bonuses quicker. Of course, this all depends on the company that you go for, so do your research and see what you can find.

Gap year travel insurance is also a common request for students taking a break from their studies, and if you’re looking to head off into the wild then you’ll want to make sure you’re adequately protected. Many of these policies can be tailored to your individual requirements whether you’re backpacking or are looking for something slightly less intense, and you can even tailor it according to the specific activities you’ll be embarking on for total peace of mind.

All types of student insurance can be tailored to your precise needs, with many being extremely competitive so you don’t have to spend that student loan on your premiums. Having the necessary cover in place can let you enjoy your time at college or university without having to worry, so make sure to do you research and you can be confident that you’ll find the perfect policies to meet your needs.

Health Insurance

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Staying fit and healthy should be at the top of the agenda, and while some people stick with the NHS for any medical attention, for others this simply isn’t enough. Private health insurance is a common request for individuals that want to be in total control of their medical needs, and with so many options available it’s well worth looking into.

This type of insurance can put your mind at ease that everything is under control, with any health issues that you may suffer from being dealt with quickly and easily. You’ll be privately treated as soon as the need arises with no need to wait on NHS waiting lists, and if you pay your premiums you won’t get an unwelcome medical bill either. It works in the same way as other insurance policies in that you pay your premiums and then get the care should you need it (in accordance with your level of cover), and it can be an incredibly worthwhile thing to invest in.

There are a number of different policies that you could go for depending on your individual needs, with some offering a more comprehensive level of cover than others. This means it’s imperative that you look closely at the small print to make sure you’ve got the level of cover that you expect as all policies offer something slightly different, but with plenty of options available to suit all needs and budgets you’re bound to find what you’re looking for.

You might need, for example, a basic level of cover if you’re on a budget, or you could want the most comprehensive level of cover possible including cover for heart and cancer care, outpatient treatments, psychiatric care and even alternative therapies. Most insurers will offer a variety of plans to suit individual needs, and many can come with added features to provide additional peace of mind.

But, it’s important to not confuse health/medical insurance with cash back plans. This is a slightly different form of cover in that you still pay monthly premiums but you pay for any private treatment upfront in order to be reimbursed later, so always make sure that you’re investing in the right thing.

Ultimately, health insurance can give you valuable peace of mind leaving you confident that you’ll be treated quickly and professionally in private hospitals that meet impeccably high standards. There’s no need to worry about waiting lists and you can enjoy excellent facilities and treatment, so if you want to be confident that you’re putting your health first make sure to consider this most beneficial forms of insurance.

Life Insurance

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No-one likes to spend much time thinking about what’s going to happen when the time comes, but if you want to give your family something to fall back on then adequate insurance should be a vital part of your arrangements. By investing in appropriate cover you can be confident that you’re giving something back, and one of the most cost-effective policies is term life insurance.

This form of insurance covers you for a fixed, pre-arranged period of time, giving your family a lump sum in the event that you die during the policy term. Premiums are normally paid for the life of the policy (usually on a monthly basis but occasionally annually), and you’re only covered for as long as you pay the premiums – if you stop paying, your cover stops too.

But, it’s important to remember that this type of cover doesn’t come with any investment value, so if you don’t make a claim during the policy term (or, in other words, if you don’t die) there’s no maturity value payable at the end of it. This makes it a very cheap form of insurance, because while you’re free to potentially extend or renew your policy at the end of the term, your insurer isn’t likely to have to pay out during that initial period.

Despite the seemingly cut and dry nature of this type of policy, there are some variations that you might be able to find. Some insurers will offer family income benefit instead of a lump sum, for example, so it’s important to do your research to see what would be best. Ultimately the premiums that you have to pay will depend on the length of the term, your age, the amount to be insured and your general health, and as with all types of insurance there are plenty of optional extras that can be included to increase your level of protection (such as critical or terminal illness cover).

This form of life insurance is ideal for people that want an affordable and simple form of insurance that can give their family a lump sum if they die. It can be a huge relief to know that everything is taken care of, and with so many insurers offering this level of cover there’s no reason not to consider it. Take a look around to find the policy that best suits your needs and budget, and you can be confident that you’re doing the best thing you can for your family.

Business Insurance

Running a business can be tough. You’ve got a lot of responsibilities and obligations to uphold, and plenty of financial issues that need to be dealt with if you want to be operating safely and legally. Business insurance is an essential consideration and should always be invested in before you start trading, so it’s important to have a thorough understanding of what’s involved.

There are two distinct types of insurance that you’ll want to consider in this field, namely public liability insurance and employers’ liability insurance. These types of cover tend to come in a joint policy but your need for each will vary according to your individual requirements, so here’s a quick overview to help.

Public liability insurance. As the name suggests, this type of insurance offers valuable financial protection when dealing with the public. It provides cover if you have to pay compensation to a client, contractor or individual due to property damage or accidental injury, and could be required if (for example) someone suffers an injury when on your premises or if your employees damage property when at a client’s office.

Employers’ liability insurance. This type of cover deals with your employees themselves. When you hire someone you’re responsible for their health and safety when in the workplace, and if they suffer an accident or claim physical or mental illness then you’ll be responsible for any compensation claims they make.

Both of these types of insurance provide valuable assistance should someone make a claim against you, ensuring you don’t have to pay any compensation out of your own pocket. Considering the cost of many claims you’d be well-advised to invest in an appropriate level of cover, and with many insurers offering policies for small, medium and large businesses it’s worth researching accordingly.

The price of your premiums will always depend on the level of protection you need, the size of your business and the limits of your cover, so make sure to discuss your individual requirements with your potential insurer if you want to have adequate protection.

With public and employers’ liability insurance you can be confident that your business is operating safely and legally with your financial interests at heart. (You might also want to consider professional indemnity insurance as an addition, but that’s another story.) With adequate business insurance you can be confident that everything is operating as it should be and that any claims made against you will be covered, allowing you to focus on the more important things – running your business.

An Introduction to Van Insurance

Smabs Grandfather
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Whether you’re driving a van for business or personal reasons, having adequate van insurance in place should be a top priority. Not only is it a legal requirement but it can be beneficial for your finances too, providing valuable financial recourse in the event of an accident, breakdown or other inopportune event.

There are plenty of policies you can choose from as well, so no matter what type of van you drive there’ll be something to accommodate. With the popularity of things like transit vans there are plenty of policies to meet your needs, but there are so many other options available that all needs will be thoroughly catered to.

This form of insurance works much like any other – you pay a monthly premium and are given financial protection in the event of a claim, usually up to a pre-arranged amount. The premiums that you pay will vary depending on a number of different points including your level of excess, the number of extras that you want, your age and the type of van that you own, but they can often be negotiated if you’re willing to (for example) increase your excess or alter your level of cover.

Most policies are offered on an annual basis, but these days they’re certainly not the only option. If you only need to drive a van for a short amount of time (perhaps you’re borrowing one when you’re moving home) then an annual policy obviously won’t be ideal, and luckily there are plenty of short-term and temporary insurance policies available to accommodate. These can be tailored according to your individual requirements, giving a cost-effective solution to your insurance needs.

There are a number of points you should consider when buying your policy, but you specifically need to look for the level of cover that you’re getting. What you’ll be comfortable with will obviously vary according to your individual needs and preferences, but it’s important to go for the most comprehensive level of cover that you can afford. This ensures that you’re totally prepared for anything that could happen and that you won’t lose out financially, because although we all begrudge paying for insurance it can nonetheless be invaluable should we have to make a claim.

Van insurance should always be invested in if you want to be driving legally on the roads, and luckily finding a policy shouldn’t be too difficult. If you head to price comparison sites you’ll find the whole process quick and easy and you’ll ultimately be able to save some money as well, so make sure to compare all the options and you’ll have the perfect policy that meets your needs and budget.

Travel Insurance

There’s nothing better than going on that much-needed holiday. You’re free to relax and unwind, forgetting about the stresses of everyday life and instead having new experiences that will leave you with lifelong memories. While that all sounds tempting, it’s important to not rush in. You need to be prepared for any issue that could arise, and investing in travel insurance should be at the top of the agenda.

This type of insurance often gets forgotten about in the general excitement of going on holiday, but doing so can be a big mistake. It’s there to give valuable financial protection in the event that things go wrong, and while it isn’t nice to think about it’s nonetheless essential to be prepared. Many policies offer wide-ranging cover to include everything from medical bills to legal expenses, and if you find yourself in trouble it can be incredibly beneficial.

There are a number of different policies you could go for, and the one that you choose will often depend on your individual circumstances as well as how often you travel. Single policies, for example, are ideal for those that just want to head abroad once in the year, but if you travel more frequently then a multi-trip or even an annual policy could work out cheaper. You’ll be able to get different policies depending on your destination as well, with worldwide, European and even Australian/New Zealand cover being common options.

All needs are well-catered to and your specific circumstances will ensure you get the best cover for your requirements, and with a whole array of policy options (including the more specialist options and additions such as winter sports cover, wedding cover and even cover for golf holidays) you’ll find that you’re totally prepared for all eventualities. Most insurance companies will be able to offer all of these different types and many more besides so it’s worth taking a look around to see which would work out best in terms of level of cover and price, and with flexible cover options you’re bound to get just what you’re looking for.

However, there are a few things you need to watch out for, and in some cases it can be difficult or perhaps more expensive to get the cover that you need. Older people may find it slightly harder to get travel insurance as will those with medical conditions – if you’re over 80 it can be incredibly difficult to find a suitable policy, and insurers will use their discretion in relation to medical conditions. All you can do is look around to find suitable cover, but once you’ve found it you can enjoy your holiday in confidence.

Motorcycle Insurance

For many people the motorbike is the ultimate road vehicle, but it’s important to remember that they also come with additional safety and security risks. This makes proper motorcycle insurance a vital consideration, and having it in place is essential if you want to be confident that everything is under control.

This type of insurance is a legal requirement – you need to have an adequate policy in place before you can drive on public roads – but that isn’t the only reason you should have it. It’s there to provide valuable financial recourse in the event of an accident or of your bike being stolen, and as they can be expensive vehicles it makes sense to have your purchase covered.

But, motorbike insurance doesn’t always come cheap. Insurers view motorcycles as being quite risky in terms of the likelihood of having an accident and of it being stolen, and they’ll charge their premiums accordingly. This makes it even more important to do your research, because if you look around and compare several options you could well save some cash.

You might also want to look out for other ways that you could reduce your premiums. If you’ve got insurance-approved security devices you’ll be reducing the risk of your bike being stolen and could well enjoy a discount because of it, and many companies will offer additional discounts if you’ve got an advanced riding qualification. Both of these factors indicate that you’re less likely to make a claim, so anything that can be done to reduce premiums and increase the level of trust you instil in your insurer should be considered.

It’s also important to note the different types of insurance you’ll be able to find, with all situations being well catered to. Classic bikes can often enjoy cheaper premiums, and if you’ve got a motorbike with a sidecar you’ll easily find the policy to accommodate. Sidecar insurance is often provided as an optional extra and doesn’t have to add much to your premiums, and is just one of the many additional features you could enjoy.

When looking for motorcycle insurance there are a number of things to bear in mind, and ultimately the benefits far outweigh the costs. There are plenty of options you can go for depending on your needs and budget, and with the right insurance in place you’re free to get out on the open road and experience the thrill of motorcycling for yourself.

Cheap Classic Car Insurance Quotes

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I bet that if you own a classic car, it is the vehicle you always dreamt of owning as a child, or one that you have taken on as a refurbishment project. Either way, there is always a lot of sentimental value attached to a classic car, so if something were to happen to your Mini Cooper or Jaguar MK2, you would like to ensure that you are fully covered by a classic car insurance policy.

The difficulty with insuring a classic car is that there is no fixed definition or category that your vehicle needs to fall into. HMRC classes any vehicle over the age of 20 and with a value of £15,000 or more as classic, whereas for classic car insurance policies, the definitions include: a car over 15 years old, it does not have to be very valuable, and it does not have be ‘glamorous’. The definition will vary between insurance providers, so it is essential that you confirm whether you vehicle counts before requesting a quotation.

You might be surprised to hear that more often than not, classic car insurance policies are actually cheaper than conventional ones. This is usually down to the fact that it is assumed that classic car owners are more likely to take special care in the maintenance of their vehicle. However, by taking the cheapest insurance policy, you might be losing out on certain factors that could be of benefit to you.

If you are looking to save money on your annual premium it is always worth doing a price comparison to establish the most competitive price. Another tip is to consider how often you drive your classic car, is it your main car? Or do you reserve it for trips through the country at the weekend? A limited mileage policy is an excellent way to lower the cost of your classic car insurance as the premium often drops to reflect the reduced use.

There is no doubt that your classic car is a cherished asset, so if there could be anything to add insult to injury if your car were to be written off, it would be being compensated with just a few hundred pounds. It is essential that you remember to have the value of the car agreed before you take out the policy as this will ensure that you receive the true value of the car should anything happen. Unlike standard modern cars, classic cars often increase in value each year, so update the agreed value with your insurance provider each year.

Public Liability Insurance

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If you work in a setting whether members of the public, clients or customers visit your business premises, it is important that you consider the benefits to public liability insurance. This type of cover is designed to protect you should someone become injured on your premises, or by you and your property. Public liability insurance will cover the costs of any legal fees, expenses and compensation which might result from a third party making a claim against you. However, it is very important that you realise that this insurance does not provide protection for your employees; you would require employers’ liability insurance.

Public liability insurance is not legally required in the UK, but it provides your business with essential protection. The law states that businesses or individuals are responsible for paying the losses caused by their business or employees, and without insurance cover, you are solely responsible for paying these costs at a loss. If you are not protected, you are open to paying for compensation awards, which can be significant lump sums, and very high legal defence costs. Before risking trading without public liability insurance, it is imperative that you consider how you would cover these costs. For small businesses, this could lead to you having to sell your house or other assets.

The amount of cover you require will depend on the size and nature of your business, but it is standard for small businesses to obtain up to £1 million of public liability insurance. Although large amounts of cover are required compared to other forms of insurance, the annual premiums are generally reasonable. When you consider the millions of pounds you could be paying out in the event of an accident, the annual premiums are very affordable.

Unfortunately many businesses in the UK decide to chance operating without public liability insurance as they do not see the risk involved. An example of an unexpected incident could be if you run a hairdressing business and when a customer comes in to book an appointment, they trip on a piece of flooring. Without public liability insurance, you could end up paying for the following:

• Evidence collection by your solicitor
• Solicitor, barrister and court fees if there is a court hearing
• Compensation, medical costs, legal fees for both parties if you lose the case

It is in the interest of your business to invest in public liability insurance before it is too late.

Convicted Drivers Car Insurance

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For most people, the only time they will commit a crime is as a result of a motoring offence. There are three ways to lose your driving licence: an instant driving ban, the totting up procedure and the new drivers act. If there is one thing harder to swallow than accepting this punishment, it is finding an adequate convicted drivers car insurance policy. It is a common misconception that you will never be able to find insurance again, but it is true that some providers will not offer you cover. However, with a little shopping around and some tenacity, you are sure to find suitable convicted drivers car insurance.

By searching for a convicted drivers car insurance policy you are demonstrating your commitment to starting again and looking forward to driving safely on UK roads, but unfortunately most insurance companies don’t see this. You might have more luck persuading the insurance company if you have a good history of no claims years, as this shows providers that you are not as great a risk as they might think.

Although you might fall off your chair when you see some of the quotes for convicted drivers car insurance, it is the only way you will be able to make that fresh start. If you were to run the risk of driving without insurance, you are looking for one sure fire way to receive a driving ban for life. By doing a price comparison, you can establish which providers are able to offer the most competitive quotes for convicted drivers car insurance.
The price of your annual premiums is likely to depend on the reasoning behind your conviction, if you received a ban for speeding, or your small convictions built up over time, will probably not receive outrageously high quotes. However, insurance companies have to take a pragmatic approach if your conviction was for something more serious such as driving under the influence of alcohol or dangerous driving.

Once you have a few companies to choose from, you can start to think about what you need from an insurance policy. Although it might seem like a real pain, insurance is only in place to protect you and other drivers or pedestrians. Your convicted drivers car insurance will be a very similar policy to the insurance you held previously. You will still have the same choice about the level of cover (e.g. third party or comprehensive), and you will still be able to reduce your premiums slightly by ensuring the vehicle is as little of a risk as possible.

Campervan Insurance

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Whether you own a standard car, a motorbike or a camper van you need to get it insured to drive legally on UK roads. However, there is not one policy that fits all and if you have a camper van, you will need specific campervan insurance to ensure that your vehicle is adequately protected. Although it is required by law to obtain an insurance policy for your vehicle, it is designed to protect you in the event of an accident, fire, theft, other damage, and many other eventualities. Camper vans can be expensive purchases if bought new or even if as a construction project. How would you finance the repairs to an already costly vehicle without a good vw camper van insurance policy?

If you have bought a professionally built camper van, it is usually quite simple and straight forward to obtain insurance as most high street insurance providers, and specialist insurers will be able to provide cover. However, if you have built your own or completed your own conversion, it can be a difficult process. Firstly, it is essential that you get the vehicle reclassified as a camper van, and then insure it as a camper van to ensure that you are driving legally. There are some specialist providers out there who are experienced in providing camper van insurance and it recommended that you obtain a good policy from one of these companies. One of the major conventional car insurance providers probably will not be able to provide cover to you, and if they can, it will probably be inadequate for your needs.

Last but by no means least, if you are in the process of converting your camper van but haven’t finished yet, do you have adequate protection? The chances are that insuring your vehicle in this state hasn’t even crossed your mind, but what would you do in the event of fire, theft or another form of damage during the conversion? There are insurance providers which will be able to cover your camper van to-be, this is known as panel van insurance. Once the conversion is complete, you simply change the status to camper van insurance.

All of this can prove to be quite expensive, more so than standard car insurance, but you can’t put a price on guaranteeing that you won’t end up out of pocket. Plus, to many people their camper van is their pride and joy, so let it stay that way without any stresses and strains about finding the cash for repairs or replacement and invest into camper van insurance.

Driving Instructors Car Insurance – Compare Quotes

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As a driving instructor, you are at increased risk whilst on the road due to travelling with a great number of inexperienced learner drivers. It is absolutely essential that you have the protection necessary to mitigate against any eventuality on the road. Whether you are self-employed or working for company, driving instructor car insurance is designed to cover you in your job.

Driving instructors have plenty to think about whilst working, teaching leaner drivers and ensuring that everyone is kept safe on the road at the same time just sounds difficult. Adding any other stresses or worries could be dangerous, but with an adequate driving instructors insurance policy, you will be able to relax and concentrate on the job in hand.

It is easy to see how your needs as a driving instructor have an impact on your car insurance, but one of the major problems with finding a driving instructor insurance policy is ensuring that all your requirements are met. Rather than having separate policies for each individual aspect, it is highly recommended that you seek a provider which can combine everything into one easy to understand policy.

Your driving instructor insurance will need to include what you expect from a conventional policy, protection against damage or loss caused by fire and theft; third party cover to ensure that your financial obligations are covered in the event that you are to blame for an accident; and repairs or replacement for your own vehicle. This all comes as standard in comprehensive car insurance, but you need to consider this and much more. Additional forms of cover that you might want to include into your driving instructor insurance are:

• Driving other cars during tuition – this is quite self-explanatory, if you are ever involved in an incident whilst driving a client’s car, you will have full insurance cover

• Dual-control vehicle supplied in the event of a non-fault accident – vehicle replacement is essential as a driving instructor, but always ask if it will be dual-control so you can continue working.

• Legal expenses – if a claim is ever made against you, you don’t want to end up paying costs and compensation out of your own pocket.

• Fleet – if you own a driving instructor company, you might have a number of cars, so rather than insuring each one individually, see if fleet cover could save you money.

These are just a few examples, be sure to discuss your full requirements with an insurance provider experienced in driving instructor car insurance.

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