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Items of interest

AA Welcomes to CMA Report on Price Comparison Sites

2nd November 2017 - gsi_personal

The AA has given a cautious welcome to the Competition & Markets Authority (CMA) final report on its investigation into digital price comparison tools, including price comparison websites. Comparison sites, which charge a fee to insurers, often have restrictive clauses that limit insurers’ ability to discount premiums on other sales

‘Bedbound’ Claimant Caught Bungee Jumping on National TV

2nd November 2017 - gsi_personal

Usually its CCTV footage or social media posts that catch out the perpetrators – now here’s a case of a TV show disproving a claim. Noreen Murray, who tried to get £19,000 in compensation for a fake back injury, pleaded guilty to fraud by false representation at Manchester Crown Court

Eight Men Sentenced for Staging Bus Crash and Faking Injuries

2nd November 2017 - gsi_personal

A man has been sentenced to 12 months in prison for conspiracy to commit fraud and dangerous driving, while seven of his accomplices received suspended sentences after they all pleaded guilty to making fraudulent claims for injuries from a fake bus crash which they set up. The City of London

Insurer Celebrates as Personal Injury Claim is Dismissed

2nd November 2017 - gsi_personal

Background A claimant sought damages for personal injury following a road traffic accident which occurred on 13th January 2014. The claimant said that he suffered with ongoing knee pain but his expert witness only attributed 4 months to the accident. Zurich had concerns given that the claim was intimated 13

Understanding Your Home Insurance Policy

12th July 2017 - gsi_personal

Deciphering all the parts of your home insurance policy can be difficult. This article covers the basics in order for you to better understand your policy. All home insurance policies follow the same general format: A declarations page, a definitions section and sections for property insurance and liability insurance. Policy

10 Tips For Keeping Motor Rates Low

8th June 2017 - gsi_personal

Motor vehicle premium rates vary based on a variety of factors. Knowing how insurers calculate your premiums can help you control the cost of your insurance. What Affects Rates? Size and performance of your vehicle – Smaller cars can increase your premium, because they sustain more damage in collisions. High-performance

Follow These Simple Money-saving Tricks Every Time You Travel Abroad

1st June 2017 - gsi_personal

Travelling abroad for work or holiday is already stressful without having to worry about money. While money may not be at the forefront of your mind while abroad, travelling can quickly become pricey. To avoid a nasty bill once you return home, here are some simple tricks to save money

Your Selfie Could Open the Door to Criminals

1st June 2017 - gsi_personal

While social media can be a valuable tool for entertainment and communication, it can also open the door to crime. When you share pictures of your location or possessions on social media, you enable criminals to target you for criminal behaviour. None of your social media posts are ever truly

How to Manage Rising Motor Insurance Rates

1st June 2017 - gsi_personal

Motor insurance premiums have risen by an average of £110 within the last year, according to recent industry research. In fact, the average comprehensive policy premium of £781 could pass £1,000 by 2018. These changes stem from an adjustment to the Ogden rate, the upcoming rise to the Insurance Premium

Average Car Insurance Premiums to Hit Record High

30th May 2017 - gsi_personal

The average cost of car insurance is soon expected to hit a record high once the government’s hike on the insurance premium tax (IPT) takes effect, according to data from comparethemarket.com. Motorists can anticipate paying £800 for an average policy, as the IPT rate will rise from 10% to 12%.

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    Geoffrey Simmons Insurance Consultants llp, 35-36 Windmill Street, Gravesend, Kent DA12 1AS is a limited liability partnership registered in England & Wales, No. OC307351. GSI Online and Paramount Insurance are trading styles of Geoffrey Simmons Insurance Consultants llp. Authorised and regulated by the Financial Conduct Authority; FCA Registration No. 304298. This can be verified by visiting www.fca.org.uk