{"id":84444,"date":"2018-04-03T23:32:27","date_gmt":"2018-04-03T16:32:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rac-facing-refund-costs-over-breakdown-cover-renewal-letters\/"},"modified":"2018-04-04T00:03:29","modified_gmt":"2018-04-03T17:03:29","slug":"rac-facing-refund-costs-over-breakdown-cover-renewal-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rac-facing-refund-costs-over-breakdown-cover-renewal-letters\/","title":{"rendered":"RAC facing refund costs over breakdown cover renewal letters"},"content":{"rendered":"


\nInsurer accused of breaching transparency FCA rules that require policyholders to be clearly shown previous year\u2019s paid premium for comparisonThe RAC could be forced to offer refunds to up to 1 million breakdown recovery customers after its policy renewal letters failed to prominently display the previous year\u2019s premium. Under transparency regulations introduced a year ago by the Financial Conduct Authority (FCA), companies have to clearly show the amount the customer paid the previous year alongside the renewal price. Continue reading…
\n
\nSource : theguardian.com
\nRead more…RAC facing refund costs over breakdown cover renewal letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Insurer accused of breaching transparency FCA rules that require policyholders to be clearly shown previous...<\/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-84444","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-lY0","jetpack-related-posts":[{"id":17664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-your-breakdown-cover-going-up\/","url_meta":{"origin":84444,"position":0},"title":"Beware your breakdown cover going up","date":"June 25, 2016","format":false,"excerpt":"\r Car owners should check renewal notices to avoid a surprise premium riseCar owners who buy annual breakdown cover are being warned to check their renewal notices closely after Direct Line more than doubled one Leeds woman\u2019s annual premium without explanation.Sue Sharp*, who also buys her home and car insurance\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37671,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/racs-breakdown-in-trust-as-charity-gets-a-6000-bill\/","url_meta":{"origin":84444,"position":1},"title":"RAC\u2019s breakdown in trust as charity gets a \u00a36,000 bill","date":"December 10, 2016","format":false,"excerpt":"\r James Hewson\u2019s Land Rover was damaged as it was towed away \u2013 but he was the one left out of pocketWhen James Hewson\u2019s Land Rover Defender broke down in north Wales, he was thankful that he had cover with the RAC, knowing that it would most likely do a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renewing-your-rac-cover-dont-let-them-jack-up-the-price\/","url_meta":{"origin":84444,"position":2},"title":"Renewing your RAC cover? Don\u2019t let them jack up the price","date":"June 10, 2017","format":false,"excerpt":"\r If your policy renews automatically, chances are you could be paying way over the odds. We look at some alternativesThe RAC has been accused of trying to rip off a long-standing customer by demanding \u00a3205 for a basic breakdown recovery annual policy \u2013 then immediately offering to cut it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/getting-divorced-beware-your-rac-car-insurance-premium-going-up\/","url_meta":{"origin":84444,"position":3},"title":"Getting divorced? Beware your RAC car insurance premium going up","date":"July 2, 2017","format":false,"excerpt":"\r My excess shot up and I\u2019m shocked it can discriminate against divorceesMy RAC car insurance policy, underwritten by Co-op Insurance, was renewed at the beginning of May for \u00a3581.88 with a \u00a3100 compulsory excess. I reviewed the documents and called the RAC to notify them of a single change:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-rough-ride-for-drivers-as-insurance-costs-set-to-soar\/","url_meta":{"origin":84444,"position":4},"title":"A rough ride for drivers as insurance costs set to soar","date":"January 27, 2018","format":false,"excerpt":"\r The \u2018average\u2019 premium now stands at \u00a3481, with the north-west the costliest region followed by Northern Ireland and LondonWhen your car insurance renewal letter next lands on your doorstep, you could be in for a nasty shock.Costs have risen to a new high, according to the Association of British\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-years-macau-firm-opts-out-of-hong-kong-renewal-project-seeks-us153m-for-site\/","url_meta":{"origin":84444,"position":5},"title":"After years, Macau firm opts out of Hong Kong renewal project, seeks US$153m for site","date":"August 19, 2026","format":false,"excerpt":"\r A North Point redevelopment site is being put on the market for HK$1.2 billion (US$153 million) after its owner, which spent years assembling the ageing property, warned that redeveloping it could result in losses of as much as 30 per cent. The sale offers a rare glimpse into the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/84444"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=84444"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/84444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=84444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=84444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=84444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}