The Dark Side of No-Claims Discounts: The Illusion of Savings
Insurance companies’ no-claims discounts may seem like a saving grace but often come with increased premiums in the long run, creating a perverse incentive to avoid claims.
Who’s Liable When a Neighbor’s Tree Falls in US?
The liability for damages caused by a fallen tree often depends on whether the owner knew about structural problems with the tree, making it essential for homeowners to have emergency savings in place and familiarize themselves with their insurance coverage to avoid financial burden.
Why GLP-1 is Surging Healthcare Costs – analysis
GLP-1 medications have become a staple in diabetes and obesity treatment, but their increasing popularity has led to a staggering 224% increase in healthcare costs, with employers facing a potential $3,040 average premium per person or up to 20% of their premiums.
Understanding Claims Process for Liability Issues
Navigating the liability insurance claims process involves understanding steps, timelines, and legal support, crucial for winning disputes in a complex landscape.
Autonomous vehicles vs Insurance premiums
Insurance companies will play a critical role in shaping the future of road safety as autonomous vehicle technology becomes increasingly prevalent, requiring them to navigate uncertainty surrounding its impact on accident rates and resulting claims costs.
Bank of England interest rate cut – expert analysis
Mortgage rates are falling in the UK due to the Bank of England’s interest rate cut, making now an excellent time for homebuyers to act.
Bad weather brings record Insurance payouts as Premiums Soar 19% in Q2 2024
The UK has experienced a record-breaking £1.4 billion in insurance payouts due to bad weather, leading to a 19% increase in premiums and sparking calls for greater regulation and oversight of the industry.