Allianz’s research into the nation’s wardrobe contents highlights just how important home insurance can be for you. The contents of your wardrobes are worth an eye-watering £38.5 billion according to the insurer’s ‘Britain’s cost of a wardrobe’ report. The report looked at the nation’s shopping habits and found that the average wardrobe is worth £769…. Read more »
Month: September 2016
Save Money through Risk Prevention
AXA research has revealed that investing in preventative measures to mitigate risks to people’s homes and cars could save UK households £209 a year – an aggregate total of £5.6 billion. Collectively motorists can save £4.96 billion and home owners £620.20 million per year by investing in risk prevention to further protect their vehicles and… Read more »
Insurance Premium Tax Increases
What is Insurance Premium Tax (IPT)? IPT is a tax imposed by HMRC on general (both personal and commercial) insurance premiums. There are currently two rates of IPT. The first of these is a standard rate of 9.5% which applies to general insurances (such as motor, buildings and contents and commercial insurances). A higher rate… Read more »