Keep Insurance costs down for your Property

By: Emma | October 11, 2007

Buzz This

insurancecost1.jpg

£2 billion in damages and losses last year were caused by fires, storms and various other domestic disasters. ¾ of this figure has been covered by insurers, but customers still lost their no claims discounts and had to face the costs of paying policy excesses.

After a summer of flooding and mini tornados the figures for this year will be higher. In a bid to keep a claim free year there are steps that a homeowner can take to minimise any damage which may be caused.

“The system of rating by postcode means that properties are banded together by insurers’ experience of claims in that neighbourhood. It is up to you to stand out from the crowd and show why you deserve a lower premium” Graeme Trudgill from BIBA.

Source this money

Emma
  By: Emma | Filed under: News

  Follow me on Twitter, or leave a comment on the above story.

0
DISCUSS

Related News and Information

Comments

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Reply

 
 

Consumer Reviews By Category:
Computing, Electronics, Entertainment, Home & Garden, Motoring, Photography, Sports

Companies and PR Firms

Need a product reviewed, email the details.