Mis-sold Ppi
I can remember going to my bank in the late 1990s to enquire about a loan for a new car. I`d fell in love with this slinky, silver sports car and being a single male at the time, with plenty of disposable income, I thought I`d treat myself to this flashy kind of motor. The bank eventually approved my loan but I was forced into taking out payment protection insurance at the same time. I`m not sure why I took it out to be honest. I think I felt pressured into taking out the policy because the person whom I spoke at the bank said it strengthen my initial loan application if PPI was in place. Nothing was explained to me about the PPI and how it would cover sickness payments or payments for the loan if I was made redundant. In fact, I think I was Mis-sold Ppi by the bank and had it not been so long ago I would put a claim in against the bank in question. Over the years countless customers have been Mis-sold Ppi policies through the banks. Huge profits could be made out of PPIs so you can see why banks would push them onto their customers. Today people are fighting back. Anyone who thinks they might have been Mis-sold Ppi polices in the past can speak to claims management firms who will take their case on and try to recover as many payments as possible.

Not a year goes by that insurance rates go up. At least it seems that way. You can control ? even reduce ? your insurance expenses by following these seven easy to remember tips.

1. Combine Policies. If you own a home and you own a car, purchase your insurance from the same company. Some insurance companies reward those customers who choose to bundle their insurance together with discounts as high as 10%.

2. Adjust Your Deductibles. Perhaps you don?t need a $200 home deduction. If you can live with a deductible of $500 or more you can save significantly from year to year.

3. Special Discounts. Depending on your age, there may be special discounts you can take that will also reduce your premiums.

4. Examine Your Policy. Oh, we do think they are correct ? right? Well, if your address is incorrect you could be paying more than you should. Check to make sure that your correct zip code is listed...it could cost you money if your insurer has you living in another neighborhood.

5. Abstain From Bad Habits. If you do not smoke or drink, make sure that your insurance company knows this. Your rate will drop accordingly if this is news to them.

6. Eat Your Losses. If you have a small claim, consider not submitting this information to the insurance company. Any claims you make can push up your rates down the road thereby costing your more in the long run.

7. Pay Now, Save Later. Instead of breaking up your premium into monthly payments, consider paying the entire premium at one time. Usually, insurers tack on a surcharge for the privilege of monthly payments.

You may also be able to save yourself some money by sticking with one insurer as they will reward regular customers with ?loyalty? discounts. In addition, it may pay for you to have an alarm installed on your car or home, especially if you live in a higher crime area. Finally, meet with your broker from time to time to see how you can reduce your payments.