Motley Fool: Pay As You Drive Car Insurance

Finally, after two years of trials, a new type of car insurance product from Norwich Union is available to all from today. Probably any well-adjusted human being would find this terribly boring, but not me! Thankfully for you Fools, I’m geeky enough to actually find this interesting, as it should suit a lot of you and hopefully reduce your premiums.

Motley Fool: The Four Types Of Insurance Fraudster

Motor, home contents and travel insurance fraud costs insurance firms more than £1bn per year. in turn, this costs us, as insurers charge more in premiums to cover the loss. Conservative figures have it that 6% of us have exaggerated a claim and 2% have made one up, which, according to the Association of British Insurers (ABI), means that around 3.3m people have committed insurance fraud in Britain.