Even if you’re not familiar with the term ‘wearable technology’, it’s likely you’re familiar with the devices themselves. Wearable technology can be broadly defined as small electronic devices that are in some way worn on the body. These devices are often able to track, collect and store various data, such as the driving, exercise and other behaviours of the people wearing them. Continue reading
WHIPLASH COMPENSATION CUTS COULD KNOCK £40 OFF CAR INSURANCE PREMIUMS
Over the past decade whiplash claims have risen by 50%, and cost insurers around £1 billion per year. Now millions of motorists could see their car insurance premiums reduced because of government plans to cut compensation for whiplash injuries.
Currently, the average pay-out for a whiplash claim – which is separate from medical bill or loss of earning pay-outs – is £1,850. The Ministry of Justice has suggested that the right to compensation for such claims could be scrapped completely, or capped at a maximum of £425. Continue reading
This month, we wanted to take some time to talk to you about fraud, and protecting yourself from it. Insurance fraud is when someone invents or exaggerates a claim, or does not tell the truth in order to obtain cheaper cover. It is a serious crime which can result in a criminal conviction and even imprisonment. Continue reading