Cheap Insurance

Around a fifth of homeowners in the UK buy home insurance from their mortgage lenders, according to new research. The study by Gocompare.com found that 19 per cent of them bought the cover as they felt it represented good value, while 12 per cent claimed they felt pressured into getting it. A third of people… Read more

Consumers in the UK have been urged to consider buying life insurance when taking out a mortgage.Simon Firmin, life and pensions adviser of Plan Insure, has stated there is "never a better time" for people to take out the cover than when they get a home loan, as otherwise they may not get around to… Read more

The traditional, offline method of purchasing automobile cover may have a rival in the form of the internet.According to new comScore figures, a three per cent rise in the number of car insurance policies purchased on the web has taken place over the past year.This trend has been accompanied by a corresponding three per cent… Read more

Mortgage borrowers have been encouraged by an expert to get life insurance to cover their repayments.Writing on financial advice website Fool.co.uk, Jane Baker has said that such cover can "often go hand-in-hand" with taking out a home loan, as it is important that borrowers ensure they are protected "if the worst happens".The expert went on… Read more

Blacklisted car insurance comparison site GoCompare.com has used paid search to edge its way back up the Google rankings, a new report claims. According to Hitwise, the website has steadily improved its position for searches on the term ”car insurance” since a penalty from the search giant saw its position plummet from second place to… Read more

Consumers in the UK are "under-prioritising" protection insurance policies that cover issues such as income or mortgage payments, according to a financial services company.While research published in 2006 by the Association of British Insurers found that a fifth of households have mortgage payment protection cover, Legal & General has claimed that some people now regard… Read more

Taking out mortgage protection payment insurance (MMPI) can put borrowers in the UK in an “ideal situation”, according to Legal & General. Joe Wiggins, the financial services company”s PR manager for protection, has stated that the policies can provide homeowners with piece of mind if they may struggle to make monthly payments due to an… Read more

More than a quarter of all online quotes for vehicle cover were referred by search activity last year, a new report has revealed.According to comScore, the number of car insurance quotes referred by web searches rose by 36 per cent last year, taking the total number to 8.9 million over 2007.Furthermore, some 22 per cent… Read more

Homeowners who are struggling to pay their mortgage payments may be being treated unfairly, according tot the Financial Ombudsmen (FO). Complaints made by borrowers to the ombudsmen service have increased by 50 per cent since 2007. Tony Boorman, decisions director and principal ombudsmen, said: "The application of extensive fees for customers already experiencing debt problems… Read more

People buying car insurance on the internet are increasingly comfortable with carrying out complicated account management actions in cyberspace, a new report asserts.According to comScore, last year saw a 15 per cent rise in e-servicing, with more customers choosing to manage their policies online.This was driven by a 20 per cent rise in visits to… Read more