Zurich Insurance

Zurich Insurance Company

 

 

Zurich Insurance Company is one of the largest insurance companies in the world. According to Association of British Insurers and their report for Rankings by Class based on UK Net Written Premiums in 2005, Zurich FS (Financial Services) was:

  • third among Private Motor Insurers
  • fifth among Household (Domestic Property) Insurers

 

Car Insurance

Zurich's car insurance policies have been tailored to appeal to as many drivers as possible, giving peace of mind and great value cover.

Zurich Insurance Company offers two main levels of cover, Zurich Car Solutions insurance and Zurich Basic Comprehensive car insurance – visit their website for a summary of key policy benefits.

And what’s more, Zurich Car Solutions policy includes many extra benefits as standard that some insurers may charge extra, or don’t offer at all!

Some benefits included in Zurich Car Solutions insurance policy as standard are:

  • up to 10% discount when you purchase a Zurich car policy online
  • Up to 65% No Claims Discount
  • Courtesy Car as standard while yours is being repaired by an Approved Repairer following an accident
  • Complimentary Roadside Assistance when you breakdown more than a mile from your home (optional upgrades available)
  • For cars under 1 year old, a new replacement car (to the same specification) if yours is written off following an accident
  • 60 days complimentary driving in the EU and associated countries ensures peace of mind whilst abroad

Zurich’s Basic Comprehensive car insurance policy offers a reduced level of cover for cars that are more than 3 years old and worth less than £10,000. As with all insurance policies, please remember that conditions apply – for a summary of key policy benefits, visit Zurich’s secure website for an instant quote, immediate cover and an online discount.

 

Home Insurance

Zurich Home Solutions policy offers excellent buildings and contents cover.

And what’s more, these policies include, as standard, extra benefits for which some insurers may charge extra, or don’t offer at all!

 

Zurich Home Solutions policy provides the following cover options:

  • Buildings - the structure of your home.
  • Garden cover - the plants, trees, lawns and garden ornaments in your garden.
  • Contents - the contents of your home plus other related cover.
  • Personal possessions - the personal items you take away from the home.
  • Legal expenses - the cost of specified personal legal actions.
  • Caravan - your touring caravan.

Buildings insurance

Protect your home and save money with Zurich's extensive buildings insurance. Your cover includes:

  • Fire, explosion, lightning and earthquake
  • Falling trees (from your own or neighbouring properties)
  • Storm and flood (excluding gates, fences or railings)

Home contents insurance

Great value cover for the things that make your house your home. See how you can protect your belongings and save money. Your cover includes:

  • Guaranteed replacement of old goods for new of a similar value
  • Up to 25% no claims discount – if you don’t claim, the more you gain
  • Damage from fire, explosion, lightning, earthquake, storm, flood

As with all insurance policies, please remember that conditions apply – for a summary of key policy benefits, visit Zurich’s secure website for an instant quote, immediate cover and an online discount.

 

General Insurance Data

In 2005, the UK insurance industry paid out £57 million per day in general insurance claims.

 

This includes:

  • £18.8 million in private motor car claims (almost one in six private car drivers make a claim each year)
  • £9.2 million in liability claims, such as for accidents

In 2005, total net premiums (i.e. written premium less reinsurance premiums paid by the insurer) amounted to £32.2billion. This breaks down as follows:

  • Motor: £10.4 billion
  • Property: £8.6 billion

In 2005, claims broke down as follows:

  • Motor: £8.2 billion
  • Property: £4.5 billion

Finally, in general insurance, the change is most clear for retail sales, where the proportion of people buying insurance through brokers has reduced from 54% to 32%, while the percentage buying direct from insurers increased from virtually nothing 10 years ago to 31% in 2005.