February 26, 2008
Motor insurance premiums on the increase
by Kay Murchie
According to the latest Car Insurance Index by Sainsbury’s
Bank, car insurance premiums have risen by 5.24% in the last 12
months. Currently, the average motor insurance premium is £497.26,
compared with £474.52 twelve months ago. Drivers aged between
40 and 50 experienced the largest increase with an average of 7%
while motorists aged 65 and over had the lowest rise in premiums
...
---------------------------------------------------------Groupama
reports strong 2007 growth in spite of summer floods
by Kay Murchie
French insurer, Groupama, has announced 3.6% growth in its personal
lines business to £221.7 million in its 2007 results, boosted
by continuing growth in the company’s home and car insurance
portfolios. However, profits for the year were £23.1 million,
a decline of more than £10 million compared to 2007, it is
believed the summer floods and storms of ...
------------------------------------------------------------February
22, 2008
Installation of CCTV does not mean cheaper insurance
by Kay Murchie
Insurer Norwich Union, is warning that having CCTV cameras installed
on your property will not necessarily mean lower insurance premiums.
CCTV is considered as something of a niche product in the domestic
market and there is a high demand for the product. Maplin the electrical
retailer, has announced a 70% increase in its sales of security
cameras for domestic use over ....
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