August 3, 2016 / como / 0 Comments
Motor Legal Protection also known as legal expenses/ uninsured loss recovery insurance is designed to help you if a motor accident was not your fault and you have suffered an injury, need a replacement hire vehicle, or incurred other losses which are not covered under your motor insurance policy.
Motor legal protection will help pay for the legal costs to pursue your claim for you to recover costs including (but not exclusively):
-Vehicle repair -Personal injury -Hire vehicle -Loss of earnings -Policy excess -Medical bills -Legal expenses
Everybody is entitled to claim back uninsured losses, however this tends to require a lot of effort. You would personally have to negotiate figures, policy details, keep track of everything and generally spend a large amount of time on the phone. With motor legal protection, you can rely on someone else to do all of that for you. Claims are pursued by legal professionals which makes the process of getting back to the position you were prior to the accident relatively hassle-free. Essentially motor legal protection makes life easier for you as a driver, providing important peace of mind in knowing that your uninsured losses will be recovered.
A word of caution:
Worryingly, many companies offering free motor legal protection show a preference for personal injury claims and dismiss other claims. Prospective buyers should be aware of these shortfalls prior to purchasing a product and are urged to shop around for more comprehensive, better value for money packages. When shopping around for insurance policies it is all too easy to be lured into -No Win No Fee’ type companies which advertise free services, which superficially offer a great, low-cost alternative to what is normally quite an expensive product. However in reality, these clever companies tend to take a percentage of your compensation before the seemingly -full’ sum is deposited into your bank account. The benefit of purchasing motor legal protection insurance means that you do not fall victim to these companies, therefore ensuring that the pay-out you receive is not compromised in any way. The same caution should be applied to more established insurance companies. All too often high commission rates are added on to motor legal protection packages which boosts up the price. The good news is that if people are prepared to shop around and compare, there are some extremely affordable, good-quality policies available on the market which can help give peace of mind in the event of an accident that was not your fault.
Best Price FS is one of the cheapest providers of motor legal protection cover, delivering the most comprehensive uninsured loss recovery in the UK.
June 18, 2016 / como / 0 Comments
The UK is the center of diverse automobile manufacturing base in Europe. The automotive sector in the UK is vibrant and world class. Many global automotive companies have set up their base in the UK for its supportive business environment, workforce skills and engineering excellence available.
More than 40 well known automobile manufacturing companies such as Ford, BMW, Nissan, Honda, and Toyota have manufacturing units set up in the UK. The automobile industry is supported by a strong supply chain ranging from world class design, high precision and high performance engineering companies. There are over 10,000 active businesses in the UK automotive sector ranging from small and medium sized manufacturers to large plants controlled by multinational manufacturers. The focus of these businesses is on innovation in technology and component design.
The businesses operating in the automotive sector can be differentiated into five categories
Component design and manufacture
Vehicle manufacture
Construction vehicle manufacture
High performance motorsport design and manufacture
Key Strengths of the Automotive sector
The UK has an established infrastructure for automotive manufacturing companies. International automotive manufacturing companies have presence in the UK. Component manufacturing companies can sell their products to these multinational companies or overseas. Engineering and design excellence make the UK the front runner in the global automotive industry. There are more than 2,000 small and medium sized businesses involved in motor manufacturing alone.
Preferential Duty rates for importing
The generalized system of preferences (GSP) allows automotive manufacturers to import components from a range of countries at a reduced or zero duty rate. The EU also has trade agreements with third world countries because goods imported from these countries are eligible for preferential rates of duty. Preferential rates are also applicable while exporting to the least developed countries mentioned in GSP. EU goods attract a reduced rate when goods are exported to such countries. It is also easy to trade with EU countries as the UK is part of the EU. The EU market is one single market and there are no trade restrictions for companies based within EU countries. The automotive industry in the UK has a bright future based on demand for sophisticated vehicles that deliver cleaner and more fuel-efficient vehicles. The creativity and inventive nature of the UK automotive industry will play a vital role in the UKs prosperity.
Advanced Manufacturing
The UK is also known as the European hub for its advanced engineering capabilities in the fields of aerospace, energy, food and drink, automotive, environmental technology, medical and pharmaceutical. The growth in this sector is fueled by advanced materials industry that is forefront in development of new products that gives improved performance and functionality. The UK has high volume of exports when it comes to automotive, construction equipment. The space and aeronautics industry is also a great revenue earner and adds up to 7 billion pounds to the UK’s economy.
To help advanced engineering explore it full potential, the UK offers
Internationally famed expertise in high quality manufacturing, high precision engineering and metals production
Over 170,000 qualified people and 1,400 specialist companies
Availability of large number of precision forgers
World class science and technology based incubation infrastructure
Easy access to rapidly growing UK and EU markets
Manufacturing facilities to produce quality titanium castings
Unique Advance Manufacturing Park focused on innovation materials research and technology for advanced manufacturing businesses.
Pioneering R&D
UK businesses enjoy a world class academic and science expertise and link to wide network of leaders in similar businesses throughout the world. The unique multicultural and entrepreneurial economy of the UK brings the world to your companys door.