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Posts Tagged ‘Cost Management’

Anger at Hospital parking charges

Wednesday, September 15th, 2010

Patient groups have reacted with fury to the coalition government’s refusal to scrap car parking charges at hospitals, and they claim that the charges are just a ‘tax on illness’.

Government ministers are set to give each hospital trust the power to make a decision on whether they will continue charging patients and their relatives for parking. The parking charges raise over £110 million every year, with four hospitals taking over £1 million each from the unpopular scheme.

Cancer patients, who have to pay parking charges, make around 53 trips to a hospital during treatment and many find this a huge financial burden. Recent surveys showed that 90 percent of Britons want cancer patients to receive free hospital parking. Currently there is no charge to park at hospitals in Scotland and Wales while in Northern Ireland cancer patients get free parking. In England, a cancer patient could be landed with charges of more than £300 just for parking during the course of their treatment. The coalition government insist there has been no U-turn because it was not they who pledged to axe the fees. The fees are also stopping relatives from visiting sick family members. Some are forced to car share and park away from the hospital to avoid the charges, but this could lead to claims on their car insurance as the surrounding streets are not as secure.

Health minister, Simon Burns, said “For a long time we have been unconvinced that Labour’s car parking idea was properly funded and practical. We will publish a response soon and all decisions will be subject to the spending review. Andy Burnham himself was forced to retreat from his initial commitment on hospital car parking and even some members of his own party didn’t support his proposal. That said, it is clear that where parking charges are preventing friends and family from visiting, then hospital trusts have a responsibility to respond.”

Tags: advice for motorists, Car Insurance, car parking, Cost Management
Posted in Car Insurance | No Comments »

Fury Grows As Young Sports Car Drivers Feel The Heat Of The New Insurance Premium Hike!

Wednesday, June 10th, 2009

“Sports car owners under 25’s in an uproar about new insurance changes.”

June 10th 2009
Wimbledon, Greater London, United Kingdom.

Young sports car drivers are to feel the brunt of sweeping changes that were made across the car insurance industry in late May which see’s sports car owners that are under the age of 25 to receive higher premiums for their car insurance policies.

The impact of the changes see’s sports car owners under 25 now facing premiums upwards of £7000 a year, based on recent trends on sports car modifications.

In a claim from Uswitch.com, the speed modifications that were typically sought by the owners of sports vehicles increased the risk probability of claims against insurers. In an extract from the Insurance Times, it found that:

“

  • Go-fast extras add an average of £2,682
  • A spoiler hikes the premium by almost £700
  • A young driver’s car insurance could cost up to 223%of the value of the car
  • Adding GTI to a Peugeot 206 could push the cost of insurance up by £6,485
  • 17-21 year olds represent just 7% of all drivers but they pay 32% of UK annual car insurance bill
  • The average car insurance premium for a young driver is £1,730 – more than three times the national average premium of £512
  • Insurance premiums fall by an average of £4,002 between the ages of 17 and 27
    All drivers have seen their car insurance premiums rise by almost 10% in the last 12 months. ”

Insurance times

26th May 2009

In light of these claims, MotorQuoteDirect has reacted to attempt to curtail the new increase in expenses by providing online awareness and savings advice to young drivers with the launch of the MotorQuoteDirect Car insurance blog and offering free quote comparisons on sports car insurance at their website www.motorquotedirect.co.uk.

Source: http://www.insurancetimes.co.uk/story.asp?sectioncode=13&storycode=378568

Reference

MotorQuoteDirect are one of the UK’s leading insurance intermediaries based in Wimbledon. Established in 1965, we have over 40 years experience of providing quality car insurancecover at very competitive prices, covering all risks from young drivers to classic car owners and through our association with a large panel of UK leading insurers. To find out more information on their car insurance services, visit them today at http://www.motorquotedirect.co.uk.

©2009 Motor Quote Direct. All rights reserved. W E Bedford Insurance Services (Wimbledon) Ltd, 267-269 Kingston Road, Wimbledon, London, SW19 3FW is authorised and regulated by the Financial Services Authority. Our FSA Register number is 305737

Tags: Car Insurance, Car Insurance Quote, Comparison, Cost Management, Insurance Cover Types, Insurance Premium, Insurance Quote, Press Release, Sports Car, Under 25, Young Drivers, Youth Drivers
Posted in Car Insurance, Car Insurance Application, Young Drivers Car Insurance | No Comments »

How to make a car insurance claim.

Thursday, May 28th, 2009

If you need to make a claim then this simple guide can help you. Millions of pounds are paid out each year for drivers in accidents or who have had their car damaged or stolen.

  1. Inform your insurance company as soon as possible.
  2. Write down an account of what happened which you can later refer back to when writing up your claim.
  3. If your claim is in relation to a crime such as theft or arson, inform the police as well. Your car insurance company will need to know an incident number if you are reporting a crime as well.
  4. Make sure you ask your insurer what you need to do next so you can provide evidence about your claim. Make sure your story is consistent – you don’t want to risk the insurance company thinking you’re lying.
  5. Keep all your documents relevant to the claim in a safe place and make sure you are available to be contacted by your insurance company.
  6. Keep copies of receipts for damages and any correspondence which affects your claim. When you speak to someone on the phone make sure you get their name and telephone extension for your records.
  7. Don’t take your car in for repairs until you have sorted everything out. Your car insurance company is likely to recommend a garage to you and it is safer for you if you take it there. Don’t make any repairs to your car until your car insurance company has agreed to pay for it.

Tags: Accidents, Car Damage, Car Insurance, Car Insurance Application, Car Insurance Claims, Cost Management, Fully Comp, Fully Comprehensive, Legal
Posted in Car Insurance, Car Insurance Application, Car Insurance Claims | No Comments »

How to get cheap car insurance.

Thursday, May 28th, 2009

Obviously one of the best ways to save money is to shop around to make sure you’re getting the best deal. But the factors below can make a big difference in the premium you pay:

Mileage

Yearly mileage is usually a key factor in deciding the cost of your motor insurance premium. If you travel a lot then you will pay more. Keep your insurer up to date on your annual mileage.

Learner Drivers

Pass Plus is a great way to lower your insurance premiums. Insurers want to see you are a competent driver so passing your test can be added to by taking extra advances lessons. Your premium can be cut by up to 35% if you have an advanced driving certificate.

Alarms and Immobilisers

If you have alarm systems and / or an immobilizer fitted then you are less likely to have your car stolen which reduces your premium. There are some alarms and immobilisers which cut your premium more than others so check with your insurer before you have one installed.

Car Modifications

Modifying your car can add costs to your premiums.

Paying Monthly

If you pay monthly, you will be paying more because you will be using a credit service to pay for your insurance. Some companies charge fees of up to 29% APR for this service so consider paying your premium annually.

Main Drivers

Who you have as the main driver will affect your policy. If you share a car with someone and they have a cleaner driving license then put them as the main driver to save yourself money.

With insurance you get what you pay for, so make sure you’re not paying for ‘benefits’ that you don’t really need:

Courtesy Cars

You will be paying for this privilege (via your premium) so consider whether or not you really need it.

Legal Protection

It is a good idea to be covered in the event that you have an accident which wasn’t your fault and want the chance to claim back any uninsured losses. However, remember legal support is only granted if you have a good enough case.

Roadside assistance and breakdown cover

Do you need this? You may find that you can get cheaper breakdown cover from elsewhere.

Policy Excess

If you are willing to pay a larger excess then your insurance premium will be lower. Voluntary excess is different to compulsory excess to make sure you read the fine print.

Personal Injury / Belongings

Does your cover include personal injury claims and claims on personal belongings? If so, you may need to consider the costs.

Legal Advice

Does your insurance offer legal advice and medical counselling telephone lines? This may also cost a little more.

No Claims Bonuses

You will need to find out if your no claims bonus will be affected if the accident wasn’t your fault. You can also look into whether you can transfer a no claims bonus which was built up while driving on somebody else’s insurance.

You may also want to look into the no claims bonus scheme and how many claims you are allowed before your no claims bonus is affected.

Tags: Budgeting, Car, Car Insurance, Car Insurance Application, Car Insurance Claims, Cheap, Cheap Car Insurance, Comparison, Cost Management, Quote
Posted in Car Insurance, Car Insurance Application, Cheap Car Insurance, Savings | No Comments »

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