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The UK has one of the worst records in Western Europe for uninsured driving with an estimated one in twenty cars on the road being driven without the correct insurance.

The Motor Insurance Database (MID) was set up by the insurance industry to help combat this crime, reducing the number of uninsured motorists on the road, therefore reducing the cost to the industry of compensating victims of accidents involving uninsured motorists.

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Buying a home is probably the largest single financial investment you have ever made. For most people, their home is their life savings tied up in bricks and mortar – bricks and mortar that, no matter how well built, are vulnerable to fire , theft and other

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We explain how to protect yourself with value for money travel insurance when you holiday abroad.

When you go on holiday protecting yourself with comprehensive travel Insurance is almost as essential as having a valid passport, if not more so as the consequences of travelling uninsured have the potential to be a lot more expensive.

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The EU Motor Insurance Directive 2009/103/EC is a fundamental element to the free movement of vehicles in the European Union. The Directive establishes a single market in the field of motor insurance. The Directive obliges all motor vehicles in the EU to be covered by compulsory third party insurance and ensures the abolition of border checks on insurance so that vehicles can be driven as easily between Member States as within one country.

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NRMA Insurance is a provider of car insurance, motorcycle insurance, home insurance, business insurance, travel insurance, boat insurance and caravan insurance in NSW, ACT & TAS (boat and caravan insurance is not offered in Tasmania). Get your insurance quotes today. For insurance in other states and territories visit NRMA Insurance in QLD, SGIO in WA or SGIC in SA. NRMA Insurance is part of the Insurance Australia Group, who also own Buzz Car Insurance and Home Insurance.

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Property/casualty insurance is insurance on homes, cars, and businesses. Technically, property insurance protects a person or business with an interest in physical property against its loss or the loss of its income-producing abilities. Casualty insurance mainly protects a person or business against legal liability for losses caused by injury to other people or damage to the property of others.

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Investopedia explains ‘Homeowners Insurance’ While homeowners insurance covers most scenarios where loss could occur, some events are typically excluded from policies, namely: earthquakes, floods or other “acts of God” and acts of war.

For people who live in certain parts of the country, adding an extra policy for earthquake insurance or flood insurance can be a good idea to offer further home protection and peace of mind. Some homeowners insurance is designed for renters, typically HO-4 or “renters insurance”, and only covers possessions within the home and isolated events not covered in the property insurance held by the owner.

Source: http://www.investopedia.com

Many people typically underestimate the replacement cost of their home building and contents when they arrange insurance cover.

It is up to the applicant to nominate the replacement sum insured during the insurance application process.

In an effort to help you with this part of the process, Budget Direct has made available a range of calculators from ‘Reed Construction Data’ and ‘Sum Insured’ that you can use as a guide to estimate the replacement value of your home building and contents.

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An auto insurance policy generally consists of several types of coverages.

Because all 50 states have different laws when it comes to auto insurance policies and coverages, the following descriptions are simply general information. They are not statements of contract.

To learn more about auto insurance in your state, contact your State Farm agent.

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Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damages such as fire damage, water damage not caused by flooding (which would fall under your Flood Insurance policy), your personal possessions, personal liability, theft and vandalism.  It is usually required that you carry at least a basic hazard insurance policy.

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