Claims
The insurer’s valuation and yours are answers to two different questions
One side is estimating what a comparable vehicle costs to buy today; the other is thinking about what this…
· 3 min read
14 articles
Premiums
What a protected no-claims discount actually protects
Protection preserves the number of years on your record after a claim; it does not preserve the price, and…
· 3 min read
Premiums
Why a renewal price rarely matches the price you were first quoted
A renewal is priced against a different problem from a new-business quotation, and most of the movement…
· 3 min read
Young Drivers
A no-claims record has to be built in your own name and cannot be handed over
The discount belongs to a policy rather than to a person or a car, which is why years of careful driving as…
· 4 min read
Vehicle Costs
The periodic roadworthiness test is a floor, not a service
A statutory inspection checks whether a vehicle meets a minimum safety standard on the day it is examined…
· 4 min read
Premiums
The annual mileage on a quotation is a forecast, and it gets checked after the event
Nobody knows in advance how far they will drive, but the figure is treated as a statement of fact, and the…
· 4 min read
Premiums
Alarms, immobilisers and trackers are priced by how much they change the odds of a total loss
Security equipment affects a premium through severity rather than frequency, which is why a device only…
· 4 min read
Young Drivers
Carrying passengers changes a young driver’s risk more than almost anything else they do
Passengers are covered by the liability section without being party to the contract, and their presence is…
· 4 min read
Young Drivers
A curfew on a policy is a contract term, not a suggestion about bedtime
Restricted policies price a specific slice of driving out of the risk, and the restrictions bite through…
· 4 min read
Young Drivers
A licence earned abroad is worth less to an insurer than the years behind it suggest
Driving entitlement and driving history are separate things, and a driver arriving with a foreign licence…
· 4 min read
Cover Types
The accident benefits inside a motor policy pay a fixed sum rather than a loss
Personal accident and medical expenses sections work on a benefit basis instead of an indemnity one, which…
· 3 min read
Claims
A claim decision you think is wrong has a route above the person who made it
Complaints processes and independent dispute schemes exist in most regulated insurance markets, they cost…
· 3 min read
Young Drivers
Drink and drug driving changes what a policy pays and who it pays it to
Compulsory liability cover generally protects the victims of an impaired driver, but the driver themselves…
· 3 min read
Young Drivers
A gap in cover costs more than the months it appeared to save
Continuous insurance history is itself a rating input, a discount left unused eventually expires, and in…
· 3 min read