When looking for car insurance, you may see the term ‘no claims discount’ branded about a lot. If you don’t know what it means and what impact it could have on your insurance quote, read the rest of this post. No claims discount is when you receive money off your car insurance quote for not making a claim against your policy. You would build a no claims history by driving for a period of time (minimum a year) without claiming on your insurance. The discount after you obtain a years no claims discount is varied depending on which insurer you select and you can also protect the no claims, but always check if it works out worthwhile depending on price.
Tips on Getting Cheap Car Insurance
The RAC claim that one in three drivers pay more than they should be for their car insurance. Obviously they’re not shopping around for the best price before agreeing to a policy! We always recommend you shop around for the best deals, especially with insurance. Play companies off each other with quotes, but do bear in mind different policies cover different things. If you have a no claims bonus, pay that little extra and protect it! Nothing worse than losing a strong no claims bonus, as it will lead to you paying more if you do get involved in an accident. Also look at taking a higher voluntary excess. This is you agreeing to pay towards the cost of an…
Coping With Cash Flow Issues
Businesses can encounter cash flow issues at lots of stages of their existence and for lots of reasons as well. It could be because you’re going through a bit of rough patch, or it may just be because a lot of your capital is being held up in a big project which has yet to pay dividends; whatever the reason, it is an issue which needs to be dealt with quickly and efficiently, or you risk the ire of your creditors. There are a few ways that you should consider to get some working capital back into your business, including asset refinance. This is a method of offering some of your business’s assets as collateral for additional funds from a…
Finding Cheap Insurance For Younger Drivers
If you’re a young driver, you’ll know finding a reasonably priced insurance policy is tough. Insurance companies are hesitant to insure younger drivers on the cheap, as statistically young drivers are more likely to claim on an accident in the UK. If you’re looking for a first car, then buy something cheap. There are 50 different car insurance groups from low to high. Go for a car which is in the one to five bracket, which should help lower your insurance costs. After you pass your test, you may want to consider taking the Pass Plus scheme. This can also help lower your insurance costs, as certain Insurance companies offer discounts to drivers with the qualification. Beware though, as not…
Find Out If You Can Claim For PPI
With official figures showing that over 85% of people who claim PPI compensation have been successful, it may be worthwhile to find out if you ever were mis-sold the pesky payment protection insurance. If you have ever taken out a mortgage, had a credit card or loan, then you may have been mis-sold PPI. This scheme used to be sold at the time of taking out the product, and was basically an idea that said PPI would cover your payments if you became unemployed or fell ill. Many policies were added on by sales staff, without customers realising they could opt out and this is why there’s been such a high rise in PPI compensation. If you can remember a…