payouts

Pay-outs more than £1m shy of market value

New research by GAP insurance provider ALA Insurance has revealed that the average car owner is offered £286 below market value on claims where their car has been written off. […]

UK watchdog plans yardstick for insurance policies

Reuters reports that British insurance firms may be forced to publish their average payouts and claim acceptances to help consumers decide if policies offer good value under proposals floated by […]