Bogus Insurance Claims of Whiplash Cost Every Driver roughly £100

Nov 25th, 2011 Posted in Business, Finance | No Comments »

Even with there being a decrease in the amount of auto accidents, bogus insurance claims of whiplash are costing every driver almost £100.

It has been stated that thousands of whiplash claims are ending with the average car insurance policy rising by £90.

In accordance with a survey of GPs by the King’s Fund, the accident rate came down by 16% but yet a ‘whiplash epidemic’ across the UK is causing a huge £2billion a year trend.

The amount of claims has grown by 30% in the past three years, jumping to 570,000 a year- or simply one claim per minute.

Findings from the Insurance Fraud Bureau, suggest that at least 30,000 whiplash claims are downright fraudulent and are costing £350 million a year. Insurers say several doctors and ambulance-chasing lawyers are ‘scamming the system’ and details shows that 47% of UK doctors think the claims product is problematic.

They are calling on the government to implement new recommendations to handle the culture; one that has a better quality process for diagnosing, treating and dealing with whiplash insurance claims. One insurer declared the current system, as evident of the findings, is wide open to misuse and enables false claims to be generated.

You can find over 1,600 whiplash diagnoses a day, so get specialist insurance claims advice with expert loss assessors.
For many claims more than £1,000, your insurance company will appoint its own loss adjusters who’ll check out the claim. For any insurance help whether it’s for whiplash, fire, burglary or flood; contact Insurance Claims today- the best known insurance claims management experts in the UK.

Get a fresh solution to accountancy!

Oct 14th, 2011 Posted in Finance | No Comments »

Running a business is quite stimulating but there’s one aspect that many small and medium sized business owners don’t like – doing the company accounts!

There may be large financial ramifications if you made a miscalculation with the accounts so it’s important for all businesses to get sound financial advice from a properly accredited accountant to make sure that you don’t find yourself with any nasty shocks from the taxman.

Liptrott and Woosey accountant Bolton
is not like the regular run-of-the-mill accountant you will discover, and instead give you a fresh method of accountancy. We make an effort to surpass a client’s expectations to help you remain stress-free whilst operating your company!

Sincere, friendly and grounded, the team at Liptrott and Woosey work tirelessly to give all their clients accurate guidance and assistance in a wide array of areas such as VAT returns, payroll and all areas of corporate finance, to make sure that your business succeeds.

Whether you’re a new business or an established company Liptrott and Woosey will offer you sound business advice, and all sorts of clients are priced on an personal basis to help you make sure that you’re not paying a lot of for accountancy services.

On their quirky and easy to use website liptrottandwoosey.co.uk, you can find facts about all the services they offer as well as testimonials from our clients to help you make sure that you’re getting the most effective service if you use Liptrott and Woosey Manchester based accountants for help with your business’ financial choices.

Typical PPI Refund Amount

May 24th, 2011 Posted in Finance | No Comments »

When trying to determine just how much money you might be entitled to with a PPI refund there are some online calculators you could use. Since the typical refund is anywhere from £1,700 to £2,500 you could actually win that amount if you have a successful claim. These online calculators can help you determine what you have paid into mis sold PPI which is what your claim will be based on. Now then, the question is, where can you find an online calculator to help you figure out what you have overpaid?

 

Most good PPI claims services will have some version of a calculator on their website that should be easy to use. Once you have established that you are eligible to claim back PPI you have paid for you can let the service take the rest from there. They will help you estimate what is due to you, file the claim for you and then only take a fee once they win your case. The only thing to be cautious of is in thinking you will be getting back a certain amount of money. Remember, claims are awarded based on overpayments that each individual made to mis-sold PPI policy.

Life Insurance Advice – Don’t Sign On The Dotted Line Until You Are 100% Sure

Dec 1st, 2010 Posted in Finance | No Comments »

Life insurance is a big decision, and one of the best pieces of life insurance advice is to never sign on the dotted line until you are absolutely sure.

If you were to think about it carefully, life insurance is much like shopping where you are looking for a good product that suits your needs for the right price. Many people are hasty in their decision and miss out on good deals because they just wanted to get it over with. It’s very easy for fancy companies to lure you with their offers but often there are terms and conditions that are less than favourable. A good idea would be to use a life insurance calculator to figure out what you should be paying and find a company that can match that. Always take the time to think before making any final choice.

If you want cheap life insurance it pays to be patient.