By knowing how the industry works you can get better payouts, cheaper premiums and know how to get claims settled more quickly.
An insider from the insurance industry gives us a in depth look at how insurance companies work.
Much has been made of recent developments relating to high insurance premiums. Insurers are citing a huge increase in the amounts they are paying out for injury claims. So lets look at this trend and see what we can all do to avoid high insurance premiums in the future.
It would appear that even small bumps can lead to whiplash claims plus there is an increasing trend of staged accidents which are set up soley to benefit from a whiplash claim.
It seems that when it comes to car insurance there are winner and then there are losers.
We will take a look at some of the factors used to calculate the premium and hopefully give a few ideas and insights on how to get the cheapest car insurance deal you can.
Insurers work in a similar way across the world but this article has been written based on 14 years of experience working within the UK insurance industry.
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