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Insurance bosses met the Chancellor Philip Hammond yesterday to ask him to intervene in cutting of the discount rate in personal injury claims. Source: Mortgage Finance Gazette The announcement by the Lord Chancellor Liz Truss that the discount rate would be cut from 2.5% to -0.75% triggered predictions from insurance experts that premiums for young […]
Insurance company says its a write-off … The Financial Ombudsman regularly deals with complaints from people who believe that their insurer has not properly valued their car after it has been damaged to the extent that its insurer decides it is a ‘write-off’ and uneconomical to repair. Typically, cars are considered to be a total […]
Front Wing Repaired This Vauxhall Corsa came in for a front wing repair, after being hit by another driver. The Corsa belongs to an elderly couple, who have had the car since new and it’s served them well for a long time. Due to the age of the vehicle if this had gone through insurance […]
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