Daily Archives: March 7, 2012

Banks, Credit Cards, Financial, Financial Information, Financial Services, Financial Solutions, Insurance, Insurance Services, Loans, Money, Mortgage, Personal Finance

Confused.com Reveals UK Households Wasting £1.7 Billion By Not Switching Home Insurance Providers

Confused.com has revealed that UK households are wasting on average £1.7 billion* a year because they “can’t be bothered”** to switch home insurance providers.

According to the latest Confused.com research, which surveyed homeowner’s attitudes to switching insurance providers, 73 per cent stated that they have home insurance, but a surprising 34 per cent said they had never switched home insurance provider.

In fact, 70 per cent said they had been with the same provider for two years or more, potentially missing out on an average saving of £95.26*** per year just by switching home insurance providers. Collectively, UK households could be wasting£1.7 billion by not shopping around to get the best deal.

32 per cent of those surveyed say they haven’t switched providers because they can’t be bothered while 29 per cent say their current deal is so good there is no point switching.

22 per cent of homeowners are under the illusion that switching home insurance is too complicated. However, with 66 per cent of people saying they would be willing to switch home insurance if they could save money, it’s not really affordability that should be questioned but inertia and people’s attitudes towards switching.

Gareth Kloet, Head of Home Insurance at Confused.com, said: “We are a money saving nation, however most of us still aren’t making the effort when it comes to getting insurance for our homes. At Confused.com home insurance customers could save money on their insurance premium.

“Shopping around can not only ensure the best value for money, but can also prompt homeowners to ensure they have the right level of cover. Levels of cover can vary between providers so check everything you want is covered and then select a policy that meets your needs. It’s worth doing this on an annual basis or after a big purchase to make sure you’ve got the right cover at the right price – loyalty doesn’t pay and you may be able to find better cover at a lower price.”

Via EPR Network
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Confused Announce £1000 Giveaway When Purchasing Home Insurance

Confused.com is offering £1,000 to spend on household bills to four lucky people who get a home insurance quote through the price comparison site during March.

The giveaway comes on the back of recent Confused.com research which found that 34 per cent of homeowners admitted that they have never switched home insurance provider*. This is despite the fact 70 per cent of Confused.com home insurance customers could save money on their home insurance premium**.

To motivate people to shop around for a better deal, four lucky customers who get a quote on home insurance in March through Confused.com will be randomly selected to win £1,000 to spend on household bills.

Gareth Kloet, Confused.com Head of Home insurance said: “We wanted to say thank you to those people who are looking to get home insurance through Confused.com, by giving them a chance to win £1,000.

“As we all know, money is a topic of much discussion and many people can’t afford to buy those essentials for the home, or even pay some bills. Therefore at Confused.com we wanted to give our customers a helping hand. Not only by saving them money by using our comparison site but by also giving them the chance to win £1,000 to spend on things they need.

“We want people to be aware that they could save hundreds of pounds on their home insurance just by shopping around for a lower quote. 22 per cent of homeowners are under the illusion that switching home insurance is too complicated*** but by using a comparison site like Confused.com it means that we do the hard work for them.”

Via EPR Network
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NY Gold Buyer Uncovers Synagogue Bandit: Crime of Hate, or Opportunity?

NYPD caught the thief who stole over a dozen religious artifacts from Congregation Degel in Kew Gardens, NY. The 28-year-old Efram Sanders was arrested and charged on counts of burglary, grand larceny, and criminal possession of stolen property.

With over a dozen artifacts stolen, the members of Congregation Rachel Degel Israel were disheartened during Adar, one of the most festive months in the Jewish calendar. When news that three silver Torah crowns, two silver mini Torah crowns, three silver Torah breastplates, four silver Torah pointers, and one silver cup was stolen from the synagogue, media rushed to provide coverage on the event. Community members were eager to catch the thief/thieves who might have committed the crime as an act of hatred.

Rabbi Sheinfeld accounted seeing Sanders at Congregation Degel a handful of times in the past. It appears that the burglary was not a result of a hate crime, but a desperate act due to economic hardship. It was reported that Sanders had taken the stolen items to The Gold Standard of Forest Hills, a local Queens gold buyer and pawnshop. Janet Medina, an employee at The Gold Standard, cracked the case of the synagogue theft by watching NY1 news earlier that Tuesday. “Oh my god! I’ve seen those items” was her immediate response as she recognized the stolen items on television.

Medina contacted her boss and the owner of The Gold Standard, Scott Simon. After sorting through inventory and matching up the pictures of the reported stolen goods, Simon immediately contacted the police. Simon recalled working with Sanders personally, asking him “do these items belong to you?” as part of business protocol. Sanders responded “that he got the items during his Bar Mitzvah”.

Both Medina and Simon felt privileged to help NYPD crack the case. Members of the synagogue are extremely grateful and joyful to have their religious and sentimental artifacts back. Unfortunately for The Gold Standard, Simon does not expect to get back the thousands of dollars that they paid for the stolen artifacts. Both Medina and Simon remarked, “We’re just happy we were able to help catch the thief and return the items to their rightful owners”.

About The Gold Standard

The Gold Standard has 13 locations throughout the Queens and Long Island area. For two consecutive years, we have been voted Best of Long Island by the LI press. We are one of New York ‘s most trustworthy and reliable gold buyers and pawnshops. Time and time again our customers depend on The Gold Standard for friendly customer service, secure transactions and honest prices for selling or pawning their jewelry and other valuables.

For more information, contact The Gold Standard of Forest Hills at ( 646) 470-4907, by email at foresthills@nygoldcashers.com, or visit 70-58 Austin Street, Forest Hills, NY 11375.

Via EPR Network
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