Car owners saved on average £670 on motoring bills in the last 12 months, says insurer

Motorists have collectively saved £25.6billion on vehicle expenses since the start of lockdown in March 2020, according to a new report.  With the public told for most of the previous 12 months to stay home to stay safe, car usage has plummeted over the course of the year. The average owner has spent £670 less … Read more

ASK TONY: Why did home insurer slam brakes on £900 e-bike claim?

Two weeks ago, our garage was broken into. They stole my mountain bike, worth £800, and my wife’s e-bike. It was worth £1,500, but she bought it as an ex-display for £900. We informed our insurance company, RSA, and were told we could make a claim on my bike but not on my wife’s e-bike … Read more

ASK TONY: Why did home insurer slam brakes on £900 e-bike claim?

Two weeks ago, our garage was broken into. They stole my mountain bike, worth £800, and my wife’s e-bike. It was worth £1,500, but she bought it as an ex-display for £900. We informed our insurance company, RSA, and were told we could make a claim on my bike but not on my wife’s e-bike … Read more

Ex-Aviva boss Mark Wilson to snap up motor insurer

Ex-Aviva boss Mark Wilson’s new company to snap up motor insurer Dayinsure By Ruth Sunderland for the Daily Mail Published: 21:50 GMT, 7 March 2021 | Updated: 21:50 GMT, 7 March 2021 Mark Wilson, the ex-Aviva boss turned fintech entrepreneur, is poised to announce the first multi-million-pound deal by his new company Abacai.  He has purchased … Read more

Boss of insurer Hiscox expresses regret over unpaid Covid claims

Boss of insurer Hiscox regrets ‘uncertainty and anguish’ of small firms over unpaid Covid claims By Daily Mail City & Finance Reporter Published: 22:12 GMT, 3 March 2021 | Updated: 22:12 GMT, 3 March 2021 Regret: Hiscox boss Bronek Masojada The boss of Hiscox regrets the ‘uncertainty and anguish’ of small businesses when the insurer refused … Read more

ASK TONY: A friend booked our group holiday, but my insurer won’t pay

In October 2019, eight of us (four couples) booked a holiday cottage in Somerset costing £1,200 for a short break from March 24, 2020.  One of our group booked for all of us and we each gave him our £300 share. We are all retired so, with a lack of guidance over Covid, we cancelled … Read more

ASK TONY: Jilted… by our insurer after Covid cancelled our wedding

We were due to be married on March 28 last year, but just over a week before this our wedding was cancelled due to Covid restrictions. We were fully insured under a Dreamsaver policy – or so we thought. When we tried to claim about £27,000 of costs, it offered us just £13,000. It refused … Read more

Only a fifth of motorists got a premium refund from their insurer

Only one in five drivers received any premium refund from their car insurer as a result of the coronavirus restrictions, new research has revealed. This is despite half of motorists drastically reducing their mileage because of lockdowns and a rise in people working from home, according to data from Which?. It found that 49 per … Read more

JEFF PRESTRIDGE: End of mutually owned insurer LV=

JEFF PRESTRIDGE: The way LV=’s handsomely paid board has gone about lining up private equity group Bain Capital raises concerns By Jeff Prestridge for The Mail on Sunday Published: 21:53 GMT, 9 January 2021 | Updated: 21:58 GMT, 9 January 2021 Before the year is out, it is likely that one of the country’s largest … Read more

ASK TONY: Covid forced us to miss honeymoon but insurer vetoed claim

We had to cancel our Kenyan honeymoon due to Covid-19. The safari camp is keeping our $1,400 (£1,142 at the time) deposit, so we claimed against our Axa travel insurance to get this back.  But Axa has rejected the claim, even though it reassured me I was covered before we cancelled. It says this is … Read more