Liverpool Victoria has just announced a removal of what are considered unfair admin charges for all its LV= insurance customers.
Moving forwards Liverpool Victoria insurance policyholders will not face charges for cover level amendments, address changes or cancellations that have been out of the policyholders control. The MD of LV= insurance supported the move, saying that customers sometimes have to make small changes and it is unfair to charge them to do this.
He went on to say that providing good quality insurance at a competitive price is what Liverpool Victoria is about. LV= do not want to hit customers with hidden costs, instead wanting to treat their customers fairly.
Learn more about Liverpool Victoria home insurance through Moneygossip.co.uk.
Having taken a look at the attitudes of their home insurance customers Legal and General found that many prefer to throw broken items away rather than repair them.
Asked about electrical items like MP3 players and DVDs, 46 percent of those surveyed said they would throw it away if it stopped working. Slightly more worrying was the fact that 12 percent of people in the Legal and General study said they would throw an electrical item away if the fuse had blown.
On the one hand these results suggest we are throwing away perfectly serviceable items, though many small electrical items are very difficult to repair now, with manufacturers themselves recommending replacement rather than repair. Legal and General will usually replace electrical items that are claimed for on a home insurance policy since they follow the manufacturers guidelines.
Get a quote for Legal and General home insurance at Moneygossip.co.uk.
Tesco Finance have introduced the well known Finest branding to their home insurance, with this top of the line cover introducing a concierge service and even higher values of protection.
The cover offered for buildings is now unlimited, and the protection for contents while the house is empty, for example at Christmas, has doubled from GBP5,000 to GBP10,000. As a special offer Tesco Finance are also giving customers an extra 20 percent on the amount of protection offered free of charge.
Tesco are also including an initial appetizer that will be well received by new customers, namely a GBP60 shopping voucher, which can also be redeemed at the petrol station if required.
