When compared to the last fourteen years motor insurance premiums are at an all time high and they have doubled the figures of what prevailed earlier. Currently the average annual car insurance premium is £720 which is £20 more than what was charged a year back. When compared with 1994 the average cost of the premium has almost doubled.
The high motor insurance premium charge deals another blow to the motorists who already have been subjected to rising fuel prices and car taxes. If this is not enough the insurance premiums are expected to rise again as underwriters are suffering losses where they are being forced to pay £112 for every £100 premium paid.
With inflation at an all time high customers are already under extreme pressure due to rising prices at all fronts. Insurance industry is being forced to hike premiums in order to sustain its profitability.
Young motorists are facing the maximum brunt as they pay the highest insurance premium since they come in the category of people who make the highest claims. Costs of car insurance are shooting and even though the causalities on British roads is on the downside but the cost of accidents has been shooting up which is putting pressure on insurers in term of personal injury claims and legal costs which is expected to rise in the future.
With personal injury claims a worry for the UK motor insurers it is expected to add fuel to the inflation fore with total motor claims expected to cross the figure of £10.9 billion by 2012. All this presents a sorry state of affairs for the insurance industry in UK at present.
If you would like to pay for the rising motor insurance premiums without touching your monthly income, sports arbitrage trading is one fine way to earn money right from the comforts of your home and while you enjoy your favorite sports event. Implementing the latest software you can peruse through world prices within seconds and learn the risk free betting opportunities earning returns to the tune of 12% each month. Sports Arbitrage trading is the method of taking advantage of the betting market and making a profit out of it. This is a risk-free method of betting, as bettors will undoubtedly win, no matter what the outcome of the game may be. The sports arbitrage trading system can ensure that bets are placed strategically, in such a way there is a marginal winning after the game’s results are achieved.
We spoke to the world’s leading expert on sports arbitrage trading, Rajeev Shah, author of ‘Sports-Arbitrage – How to Place Riskless Bets and Create Tax-Free Investments’ explains: ‘An arbitrage occurs when different bookmakers’ prices on the same events overlap. In these cases, it is possible to bet on all of the outcomes in that event in such a way as to be guaranteed a total return which is greater than the total outlay. The mathematics of this type of trade are precise & the resultant profits are free of all risk. This type of trading has become possible only because the internet provides a platform for transparent price discovery. Using state-of-the-art software called ArbAlarm, ordinary people can now easily profit from this unique method of investment’
Sports arbitrage trading income has also been declared as tax free by the UK Government and it can emerge as an extra source of income for you besides your monthly income.
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