UK Money News
9th May 2008
Drivers failing to check insurance cover
British motorists over-rely on urban myths instead of closely reading the terms of their insurance policies, it has been claimed.
In a survey conducted by swiftcover.com widespread confusion was uncovered on the part of motorists over what is and is not covered by their policies.
In particular, it was found that 36 per cent assumed that they are covered in the event of a crash when they are driving a car belonging to their partner, while ten per cent thought their policy would cover them if they put the wrong kind of fuel in their vehicle.
However, according to the car insurance provider, many policies do not afford cover for either of these eventualities.
As such, it is vital that drivers pay closer attention to the terms of their policy, according to Tina Shortle of swiftcover.com.
She said: "While choosing the lowest price car insurance policy is most people's objective, it is also important to know exactly what is and isn't covered.
"Drivers make a lot of assumptions about their policies, so it's best to read all terms and conditions carefully and to regularly review the terms."
back to May's Money News
This article and more Latest Money News can be found on MoneyCrocodile.co.uk
Personal Loans from UKPersonalLoans.com
Personal Secured Loans for Homeowners and Personal Tenant Loans for Non-Homeowners. You can apply online for an Any Purpose Loan or Personal Debt Consolidation Loans or use one of our Loan Calculators.
Debt Advice from ReduceDebt.com
Debt problems? Refused a loan? Got CCJ's or Arrears? Get the best advice and help by enquiring online. Our Debt Professionals will help you whatever debt problems you have. Some of the options available to you are Debt Management, Debt Consolidation, Debt Couselling and IVAs,
UK Personal Finance from MoneyCrocodile.co.uk
UK Online Personal Finance site covering: Loans, Mortgages, Credit Cards, Insurance, Debt Advice, Bankings and Savings, Finance Tools and Money Jargon. We also cover Any Purpose Loans, Secured Loans, Personal Loans, Tenant Loans, Car Loans and Debt Consolidation Loans. If you are looking for Personal Finance let Money Crocodile put a smile on your face.
Car Loans from GBCarLoans.com
Don't just accept the dealers finance - get a quote from us before you buy!. UK Car Loans for New Cars or Used Cars: Supermini, Small, Hatchback, Saloon, Estate, MPV, 4x4, Sports, Luxury, Executive, Cabriolet or Classic Car.
Tenant Loans from TenantLoan.com
If you're looking for a low cost tenant loan, then look no further. We aim to find you a highly competitive interest rate and you can borrow anything from £5,000 and £250,000 with up to 25 years to pay.
