{"id":32257,"date":"2016-10-30T13:01:01","date_gmt":"2016-10-30T06:01:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-the-wrong-postcode-puts-insurance-out-of-your-reach\/"},"modified":"2016-10-30T13:11:49","modified_gmt":"2016-10-30T06:11:49","slug":"when-the-wrong-postcode-puts-insurance-out-of-your-reach","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-the-wrong-postcode-puts-insurance-out-of-your-reach\/","title":{"rendered":"When the wrong postcode puts insurance out of your reach"},"content":{"rendered":"<p>&#013;<br \/>\nInsuring a Ford Focus in Bradford could cost \u00a31,265, but in Truro? That will be a mere \u00a3350. And it\u2019s not just carsEd Atherton knows he has a fight on his hands every time he renews his annual motor insurance. With a job as a finance and administration assistant and a five-year no claims bonus, he should be a good risk. That he wants to cover a six-year-old VW Passat \u2013 a \u201cbog standard family car\u201d \u2013 should mean that his premium is unremarkable. The problem Atherton and his wife Jenny have is that they live in Salford, Manchester. When insurers discover this they start ramping up their premium quotes.Like thousands of motorists across the UK, they are being punished purely because of where their home is \u2013 even if they rarely claim on their policy. This isn\u2019t just a problem for drivers: households in high-crime areas also face higher household insurance premiums, while those in flood-prone districts struggle to get cover at all, turning certain postcodes into insurance blackspots. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/oct\/30\/wrong-postcode-puts-insurance-out-of-reach\" target=\"_blank\">When the wrong postcode puts insurance out of your reach<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Insuring a Ford Focus in Bradford could cost \u00a31,265, but in Truro? That will be&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-32257","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8oh","jetpack-related-posts":[{"id":164879,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jason-atherton-uk-hospitality-industry-hardest-its-ever-been-eyes-rapid-gulf-expansion\/","url_meta":{"origin":32257,"position":0},"title":"Jason Atherton: UK hospitality industry \u201chardest it\u2019s ever been\u201d, eyes rapid Gulf expansion","date":"November 15, 2025","format":false,"excerpt":"\r Social Company founder says rising costs and tight margins have stalled growth in UK as he prepares to open multiple new restaurants in Dubai and across Gulf The post Jason Atherton: UK hospitality industry \u201chardest it\u2019s ever been\u201d, eyes rapid Gulf expansion appeared first on Arabian Business: Latest News\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/Jason-Atherton-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-paid-for-no-claims-bonus-protection-but-my-insurance-premium-has-gone-up\/","url_meta":{"origin":32257,"position":1},"title":"I paid for no claims bonus protection \u2013 but my insurance premium has gone up","date":"March 22, 2016","format":false,"excerpt":"\r Zurich said that despite the extra insurance, I\u2019m going to have to pay more after a claimI insure my car with Zurich and pay extra for no claims bonus (NCB) protection. I had to make a claim this year for the first time and was told afterwards that my\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/continental-group-reports-26-insurance-premium-growth-in-2024-expanding-total-active-insurance-coverage-to-6-9bn\/","url_meta":{"origin":32257,"position":2},"title":"Continental Group reports 26% insurance premium growth in 2024, expanding total active insurance coverage to $6.9bn","date":"March 27, 2025","format":false,"excerpt":"\r Continental Group's role in ensuring financial stability was underscored by the processing of $7.4 million in claims in 2024\r \r Source : arabianbusiness.com\r Read more...Continental Group reports 26% insurance premium growth in 2024, expanding total active insurance coverage to .9bn","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/03\/DIFC-Gate-Building-in-Dubai-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurance-premium-tax-is-increased-again-in-autumn-statement\/","url_meta":{"origin":32257,"position":3},"title":"Insurance premium tax is increased again in autumn statement","date":"November 23, 2016","format":false,"excerpt":"\r Chancellor\u2019s move is branded a \u2018hammer blow for the hard-pressed\u2019, with young drivers and those in London expected to be hardest hitInsurers and motoring groups have reacted with fury to the government\u2019s announcement that insurance premium tax (IPT) will rise to 12% from June next year. The tax, which\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/avoid-paying-a-premium-for-car-insurance\/","url_meta":{"origin":32257,"position":4},"title":"Avoid paying a premium for car insurance","date":"September 24, 2016","format":false,"excerpt":"\r Latest figures reveal the soaring costs of cover, with warnings of further rises to come. 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