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Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
Bennetts is an insurance broker, comparing prices from a panel of insurers who underwrite the insurance policy and set pricing, as well as handling claims.As an intermediary, fees are a necessary source of income to cover the costs of arranging and administering policies on behalf of customers.
This aspect of UK motor insurance is the only one that purports to cover the driving of a vehicle, not use. On 1 March 2011, the European Court of Justice in Luxembourg ruled that gender could no longer be used by insurers to set car insurance premiums.
🚗 Say you have a 2010 Ford sedan worth $3,000 and your full-coverage insurance (collision and comprehensive) costs $800 per year with a $500 deductible. If your car is totaled, here’s what ...
Rising costs, including for repairs, courtesy cars and second hand cars, have added to upward pressures on insurance policies, the ABI said. Average price paid for motor insurance rose by 8% in ...
In April 2013 US private equity company Aquiline Capital Partners purchased Equity Insurance Group from IAG for £80 million. This led to the sale of EDBL and its personal accident and household business to Canopius. In April 2014, Equity Insurance Group rebranded to ERS and became a "motor only, broker only" insurer.
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In 2008 the UK insurance industry paid out £18.4 million per day in private motor car claims, [4] and more than one in six private drivers make a motoring claim each year, according to figures from the Association of British Insurers. [5]
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