Author: P F Spare

P F Spare Insurance Brokers’ Director wins another National Award

Press Release For immediate release: 5 October 2016 P F Spare Insurance Brokers’ Director wins another National Award P F Spare Insurance Brokers(1) are pleased to announce that Sam Spare, Company Director, has been awarded The Worshipful Company of Insurers (Diploma in Insurance) National Prize. This prestigious award is given annually to the candidate who… Read more »

Avoiding a Wardobe Malfunction

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 »

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 »

The cost of falling ill abroad? A house!

• Insurers now helping over 3,000 travellers a week who need emergency medical care while travelling abroad. • The cost of some overseas medical treatments can be more than the price of the average UK house, for example over £500,000 for treating a multiple fracture of the leg and artery tear in the USA with… Read more »

Phone Line Issues (Resolved)

5.10pm Our phonelines are now working as normal. We apologise for any inconvenience and thank you for your patience. 4.15pm Please be aware that due to a DDOS attack being suffered by our supplier then our phone number is currently unavailable. If you need to contact the office please use 01530 270785.

How long do you spend in Roadworks?

Some of our readers will recall our article last year about the time drivers were losing as a result of roadworks in the UK. The bad news, according to research from of our panel of insurers, LV=, is that things aren’t getting any better with British motorists spending 28 hours a year stuck in their… Read more »

Winter Storm Insurance Claims Largely Settled

The Association of British Insurers (ABI) has reported further progress with the clean-up in the wake of the winter storms. Of the 15,000 property claims received after Storms Desmond, Eva and Frank, 90% are now either fully or partly settled. For the first time the ABI has been able to break down the figure for… Read more »

No Travel Insurance = No Defence at France 2016

England’s Head Coach, Roy Hodgson, feels he can do without the services of our local team’s (Leicester City’s) Danny Drinkwater in his squad for the European Championships, France 2016, but if you’re a fan planning to travel to France you really can’t afford to be without travel insurance protection. More than one in four* fans… Read more »

Consider your Holiday Cancellation Costs this Summer

Aviva has revealed it paid out over £19.2m last year to UK holidaymakers whose holidays had to be cancelled before they started. Despite the number of holiday cancellations, just a quarter of would-be holidaymakers take out insurance at the same time as booking their trip. A third buy it the month before their trip and… Read more »