Increasing Admin Fees Stop Insurance Premiums From Rising, It’s A Con

Wednesday, 13. October 2010

Insurance premiums are being secretly increased by the application of admin fees according to research firm Defaqto. In 2004 the admin charge on an insurance policy was 2% of premium but that has now increased to 7% in 2010. The insurance industry, like the finance industry, has realised that people ignore the terms and conditions attached to contracts and simply focus on the lowest rate so they use stealth measures to increase the return without touching the premiums. Mike Powell, Read more »

Irresponsible Van Drivers

Sunday, 27. June 2010

A survey by Fuelcard Company found that 21% of 2,000 commercial vehicle drivers leave their engines running while making deliveries leaving themselves open to vehicle theft. I would suggest that they may need to check their insurance policies to see if the drivers void their policies by being irresponsible. Not least of which there is a substantial amount of fuel being used unnecessarily. By Graham Hill

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