As per the analysis done by Confused.com Price Index; the premium rates of motor insurance showed a strong rise in the third quarter of 2010.
During the year 2009 the cost of complete car insurance has increased by 37.5%. The average premium cost is now £650. The premium rates for young drivers have risen by £616 over the same period. The car owners who bought fire and theft coverage for their cars have seen an increase of 11.7% in the last quarter of 2010 and an overall rise of 54.2% since October 2009.
The increasing premium rates have hit the young drivers the most. The hikes are going up day by day and they are feeling the heat of it. Some males also feel that females pay less premiums for the insurances. But as per the statistics and the data analyzed it is proven that the cost of damage in accidents is less in case of women. They are more cautious while driving and follow the basic rules like wearing the seat belt, adhering by the speed limits, not drinking and driving etc well than males. They are careful and thus pay less premiums. The rise in the premiums will affect the females but the burnt will be borne more by the males.
The increasing premium rates may be a bad news for drivers but it also has a good motive to it. People will now drive their cars and be extra cautious. The careless attitude towards driving raises the risks of accidents and thus the increasing premium rates are no surprise. The only solution to limit this rise is the right attitude of drivers.
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Previous Post:Brits give preference to Pet Insurance over Health Insurance
Thursday, October 14, 2010
Wednesday, October 6, 2010
Brits give preference to Pet Insurance over Health Insurance
Owning a pet is a very common phenomena in Britain. Along with a pet also come added responsibilities, which the Brits are ready to take up willingly. The people of Britain are so concerned about the health of their pets that they make sure their pets are insured, they later think about buying a health insurance for their own selves. This was concluded after a study conducted by Tesco Pet Insurance.
Pet insurance provider Tesco conducted a study to know how responsible pet owners are towards their pets. The company conducted the study on people who owned a pet. They then questioned them about their pets and the things they do to make sure they are taken care of. Out of the total respondents, 36% had health insurance policies for themselves whereas 46% of them had bought pet insurance cover but did not have any insurance policy for their own selves.
When asked about whether they would stop going on long vacations in order to look after their pets and for their treatment purpose; 47% respondents said they would completely avoid vacations that would take a tool on the health of their pets. However, 29% said they would reduce the frequency of their holidays, 21% were ready to cancel their gym membership. A surprising reply was when 7% of the respondents said they would buy a pet insurance for their pets than buying a health insurance for their own selves.
The study clearly states that pet owners are well aware of their responsibilities towards their pets and consider buying insurance cover for them. Pets are also like family members and Brits know them to treat that way.
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Pet insurance provider Tesco conducted a study to know how responsible pet owners are towards their pets. The company conducted the study on people who owned a pet. They then questioned them about their pets and the things they do to make sure they are taken care of. Out of the total respondents, 36% had health insurance policies for themselves whereas 46% of them had bought pet insurance cover but did not have any insurance policy for their own selves.
When asked about whether they would stop going on long vacations in order to look after their pets and for their treatment purpose; 47% respondents said they would completely avoid vacations that would take a tool on the health of their pets. However, 29% said they would reduce the frequency of their holidays, 21% were ready to cancel their gym membership. A surprising reply was when 7% of the respondents said they would buy a pet insurance for their pets than buying a health insurance for their own selves.
The study clearly states that pet owners are well aware of their responsibilities towards their pets and consider buying insurance cover for them. Pets are also like family members and Brits know them to treat that way.
Direct insurance quotes from AA leading insurance companies like AA insurance, ASDA insurance, Post Office Insurance & Hastings insurance. Get Direct insurance online from directinsurance4u.com.
Car Crash Claims’ Personal Injury Lawyer UK are second to none. Visit http://www.claim-car-crash.co.uk for 100% no win no fee personal injury lawyers to gain maximum compensations for car crash or various other accident injury claims.
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