Direct Line has revealed its latest home insurance product to be an all inclusive package that covers all aspects and should save consumers money.
The new Direct Line Home Insurance Plus policy covers both buildings and contents, other possessions such as sports equipment, handbags and their contents. It also incorporates travel insurance, protect for credit cards, legal support and ID theft.
Apart from the comprehensive nature of the policy, which Direct Line believe will allow customers to feel more relaxed, there are going to be cost savings too. With protection for all these different aspects in one policy it negates the need for a range of different insurance products. Using one policy like this is easier and cheaper than the options currently available.
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 are telling UK consumers that there are savings to be made on insurance products, it is down to people to go and get them.
Take as an example home insurance renewals. 44 percent of consumers found their premiums had gone up, but nearly two thirds of people then stayed with their existing insurer rather than looking for an alternative at a lower price. It is not difficult to change insurers said a Tesco Finance spokesman, it simply needs a little motivation to get started.
The different comparison options available through the internet can really help with this process, making it quick and easy to see policies side by side. Tesco Finance recommend all consumers should do this and see if they can reduce their outgoings.
