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Insurance

Open top grannies hit the highways

Filed under: Insurance, Weird and Wonderful

While convertible cars might generally be associated with younger drivers, new figures reveal that women over the age of 50 are in fact most likely to be behind the wheel of a cabriolet.

Research conducted by AA Insurance indicates that women are a third more likely to drive 'topless' than men and it is those in their fifties who are most likely to choose a convertible car.

Beat the Bank Holiday blues with breakdown cover

Filed under: Insurance

The last thing you want at the start of your Bank Holiday break is to find yourself stranded on the hard shoulder of the motorway with a car full of kids, miles from your destination.

But if you do breakdown without insurance, you'll end up with a hefty bill and a lot of inconvenience. So make sure you get some decent cover that will get you back on the road in no time should the worst happen.

A third of cyclists targeted by bike thieves

Filed under: Insurance

A third of British cyclists to have fallen prey to bike thieves within the last five years, with almost one in 10 having three or more bikes stolen during that time, according to new statistics from insurer Aviva.

And power and fame is no protection from freewheeling criminals. Keen cyclists David Cameron and Boris Johnson are just two of the famous faces to have been targeted by unscrupulous bike thieves.

Close to 2,000 customer complaints per day for Lloyds

Filed under: Credit Cards, Insurance

Lloyds TSB's customer service lines are jammed with close to 2,000 calls a day from angry customers wanting to complain, it emerged yesterday.

The bank - which is 43%-owned by the taxpayer after a multi-billion-pound bailout to save it from collapse - received more than 288,000 complaints in the first six months of this year alone.

Insurance tips and myths

Filed under: Insurance, Budgeting & Planning

Did you know that you don't need to despair if your house suffers subsidence, as this is usually covered by buildings insurance? And, more disappointingly, that you won't get the same amount you paid for your car if it gets nicked?

The Association of British Insurers has published some tips and destroyed some myths to help consumers make the right choices when taking out insurance.

Car insurance set to rise yet again

Filed under: Insurance

Despite the rise drivers have already seen in car insurance premiums, Admiral has warned today that even greater hikes are on the way.

It comes as the average cost of comprehensive car insurance hits £980.05 and third party, fire and theft cover stands at £1,224.99, according to the latest AA British Insurance Premium Index of non-comparison site price movements.

Brits abroad breaking driving laws

Filed under: Travel, Insurance

Millions of Brits heading abroad in their car are set to break the law, often unwittingly, by doing things that are illegal in some foreign countries and risk hefty fines or worse.

It's not just driving on the other side of the road that's different. For example, in Spain, you must carry a spare wheel, a full set of spare bulbs plus the tools to change them, and if you use any radar detecting device in France, your car and device could be seized and you could be fined - even if the device is switched off.

Male drivers get lost more than women

Filed under: Insurance, Weird and Wonderful

Women may have a reputation for not being able to read maps.

But new research from insurer Sheilas' Wheels shows that the typical male motorist actually drives 276 miles in the wrong direction every year, compared to the average woman's 256 miles.

Will your holiday operator collapse?

Filed under: Travel, Insurance

You could be left stranded on holiday this year because another 20 tour operators could collapse. Recently, Goldtrail, Kiss Flights/Flight Options and Sun4U have on gone bust, and more will follow, say experts.

Nick Hood from business rescue specialist Begbies Traynor, said: "We will see a significant number of additions to the list as we progress into the autumn.

Women entrepreneurs safer bet than men

Filed under: Entrepreneur, Work & Careers, Insurance

New research suggests that women make better entrepreneurs than men. Female-owned businesses are less risky, more financially sound and far less likely to fail than male-owned ventures.

You're better off working for a female entrepreneur such as Natalie Massenet (pictured), the founder of Net-a-Porter, one of the success stories of the dotcom boom. Women's "steady as she goes" approach means they're less likely to lay people off or go bust.