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.
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.