Released on: October 30, 2008, 9:36 pm

Press Release Author: noclaimsdiscount.co.uk

Industry: Financial

Press Release Summary: Insurance Companies Refuse to Cover Damages from Fuel Thefts

Press Release Body: Location: October 23, 2008 - Increasing numbers of consumers
across the UK are finding themselves victims of petrol thieves, and there is little
that can be done in terms of recompense from insurance companies. A rash of damaged
petrol tanks, pried up to release fuel, have been splashed all over the news, but
according to insurance companies, there is little assistance that they can offer
their customers.

Despite having car insurance these
consumers are finding that petrol thefts are not covered by their usual policy.
While there are a few insurance providers that do offer this kind of coverage, the
vast majority view it as a nuisance only, refusing to offer assistance. This has
left many consumers desperate to find new ways to protect their cars and their
petrol.

The best method is undoubtedly securing a vehicle in a locked garage. For thousands
however, that is not an option, and they are left with few choices. Consumer
advocates are pushing for the inclusion of fuel theft in car insurance coverage, but
for now, the only option may be to make it easier for thieves to get at tanks by
removing lockable filler caps, reducing the risk for damage to the rest of the car
as thieves drill through the tanks themselves to get at the fuel.

As petrol thefts continue to make insurance news and the costs continue
to rise, experts are advising consumers to put aside an emergency fund of their own
to cover any potential damage, in addition to taking the proper steps to secure
their vehicles. This certainly is not the best solution for most, especially for
those on a limited budget, but until insurance coverage is available, there is
little choice in the matter - especially when most policy excesses out-way the value
of your typical car's petrol capacity anyway.

About the Company: No Claims
Discount offers consumers the opportunity to get real pricing from real
insurance companies, without all the hassles. Thousands of customers have been able
to find the right insurance plan thanks to their efforts. By offering consumers real
world information about insurance policies, the site provides a valuable, unique
service that is unmatched.

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Contact: press@noclaimsdiscount.com
Address: NoClaimsDiscount.co.uk, PO Box 18678, Peterhead, AB42 3WY


Web Site: http://www.noclaimsdiscount.co.uk

Contact Details: press@noclaimsdiscount.com
noclaimsdiscount.co.uk
402-322-0225
PO Box 18678,
Peterhead, AB42 3WY
http://www.noclaimsdiscount.co.uk