Posts relating to ‘autorenewal’
Home insurance – Direct Line’s CEO leaves; indication of higher premiums?
29 January 2023
Why the shock resignation of Direct Line’s CEO may bother you. Penny James left Direct Line Insurance on last week (reported 27 Jan) after warning on 11 Jan that company profits were lower than forecast due to home insurance claims. The company is set to cancel a share buy-back (c £50m) and shareholder pay-outs for… Read more
Renewing Your Business Insurance?
10 June 2022
Before you set about renewing your business insurance, make sure you get the right cover – and for the right price! As we’ve all started to rebuild our businesses, it is important to check your insurance. If your risks have changed, the premium could alter substantially if; Your staff numbers have increased significantly, Your business… Read more
Risks of Auto-renewal
8 March 2021
Insurance auto-renewal policies have risks that can catch you out! Many insurance companies will provide a facility for you to ‘auto renew’ your policy as a convenience. However, insurance auto-renewal risks exist for the unwary. There are 2 things you should know about auto-renewal policies: It may cost you more! Insurers offer auto-renewal because most… Read more