Are You Eligible to Claim Back PPI on Your Truck Loan?

truck-soldYou have no doubt heard about PPI in the news and from experts like Martin Lewis over the last couple of years and you may have even made a claim from your bank or credit card issuer but did you know that Payment Protection Insurance was also sold on vehicle loans too?  Yes this did happen and people have successfully claimed back thousands of pounds from mis sold loan policies for all sorts of vehicles, including cars, motorcycles and you’ve guessed it, trucks.  The question you’re asking now is, how can I do this and am I eligible for a PPI refund?

How do I claim it back?

Well, at the moment to make a claim you need to prove that the PPI was actually mis sold to you.  Generally this means a policy that you were unaware you even had or one that you would never have been able to claim on due to the rules of the agreement.  For example, although this doesn’t usually include truckers, anyone that was unemployed or retired can almost certainly have grounds for redress.  More likely is the fact that many truckers are in fact self employed and it just so happens that being self employed is reason to claim back PPI.

Before I go on it’s worth knowing that a new round of claiming is being talked about which would mean even more people will be able to get a refund, check this newspaper story here: http://www.theguardian.com/business/2015/jul/30/banks-face-ppi-compensation-bill-commission

Just in case you have been living in a box for the last 3 years here is a brief history of what PPI is and what it was for. Payment Protection Insurance was included with loans and many other financial credit products to insure loan payments were still made in the unlikely event of lost income due to loss of job or an accident that stopped the insured working. On paper it seems like a good idea, after all in these unpredictable times you could quite easily find yourself unemployed. The problem with it though was that most people didn’t need the insurance because they were already covered by their bank. Add to this that as forementioned being unable to claim, many were paying for insurance that could never be claimed on.

Where can I get information about claiming back PPI?

There are many websites online with information about this subject and most are very helpful, such as Martin Lewis PPI website and PPIGuru.co.uk, however some are companies trying to make money from your claim by acting as your agent.  These agents usually operate on a no win no fee basis to recover compensation from your creditors. You need to be aware that most of the time PPI is totally claimable on your own by filling in a simple questionnaire from your bank or credit card company.  With car loans, or in this case truck loans, sometimes it’s not so simple and you may need expert financial help or to go with a PPI claims company.

So as you can see this whole palaver is the result of greedy banks and insurance companies trying to pull a fast one on the UK public yet again.  At least this time they are actually paying back what they took!

How To Find The Lowest Insurance Group Cars In The UK

Car insurance premiums are at an all time high in the UK which is a financial strain especially for young inexperienced drivers. Most of these young drivers have no choice but to purchase low insurance group cars just to get on the road. Any chance of owning and driving a performance car on UK roads at this age is out of the question unless they or their parents have very deep pockets. This of course is probably a good thing as we all know speed kills and with car crashes being the number one killer of teenagers in the UK it’s wise to limit them to lesser powered vehicles.

So which cars are actually low insurance group? To find out a new web site called www.lowinsurancegroupcars.co.uk has been created and lists all the cars that are low grouped so now you can easily find a car that you can insure cheaply. So swing by Low Insurance Group Cars today and check out what’s available.

Check out http://www.lowinsurancegroupcars.co.uk

Truck Pilot Is Back On Track

Welcome to the new look Truck Pilot website!

Tips on Using TruckPilot.com:

What TruckPilot.com Does: Based on selections made by the user on the Trip Request page, TruckPilot® creates an optimal truck route and generates comprehensive information and statistics about that route. In addition, by submitting multiple trip requests each with different route options, users can compare and evaluate the information and statistics on truck route alternatives, and choose the most appropriate one. The route produced maximizes the use of the National Truck Network designated by the Federal Highway Administration in 1999 in the Federal Highway Assistance Act of 1982 (STAA). This STAA highway network contains routes available to vehicles that comply with STAA-authorized size and weight. TruckPilot truck route information is presented in a “Route Sheet” format containing four sections (see Route Sheet below)

INPUT: The TruckPilot Trip Request Page

Here are the simple steps to filling out the Trip Request Page:

Steps 1 & 2: Selecting Origin and Destination Points: Select the Origin State/Province from the pop-up list and then type the name of the Origin City/Town/Place. Repeat this process for the Destination State/Province and Destination City/Town/Place.

Note: For Washington, DC: select District of Columbia from the pop-up list and then type “Washington” in the city box. For New York City, enter the name of the borough in the city box (i.e., Manhattan, Upper Manhattan, Bronx, etc.).

Misspellings: If you misspell the name or a City/Town/Place, TruckPilot will provide you with close matches in the Advisory Page. Select the one you want and click on Continue. If you do not find the city you are looking for, go back to the main page and type in a nearby city (send us an e-mail so we can add the missing city into our next update).

Step 3: Route Preferences Up to three “favor” or “avoid” selections can be made. The pull-down list displays the avoid/favor options (toll roads, interstates, bridges, etc.) that are available. And these selections can be made for a particular state or province if desired. For example, selecting “avoid” “toll roads” in “Pennsylvania” will create a route that will not use toll roads in Pennsylvania. Selecting a specific road to be avoided or favored require the use of the optional box located to the right of the route preference list. For example, to avoid I-95, select “avoid”, select “specific interstate rd….” in the pull-down list, and key in “95” the box to the right of the options list. CAUTION: Choosing one or more route preference options will likely modify the “optimal” truck route!

Note: There is no need to “favor” STAA roads: TruckPilot automatically “favors” STAA roads. If a user “avoids” STAA roads, then STAA roads are nullified and treated like any other highway segment in the routing process (this feature is useful for comparisons of a truck route to a “normal” highway route).

Step 4: Enroute Facilities Up to three enroute facilities can be selected to be displayed along the route, and include hotels, gas stations, and more. The locations of these facilities will be integrated with the Section D: Detailed Route Itinerary on the TruckPilot Route Sheet.

Step 5: Distance Display Options The route itinerary will automatically be created displayed mileage. If kilometers is desired, select “kilometers”.

Step 6: E-mail Address It is not required to provide an email address, but if you would like the route itinerary to be separately emailed, provide the email address here.

Step 7: Submit After providing all the information, then select “submit” to receive the TruckPilot Route Sheet.

IMPORTANT. TruckPilot is an easy-to-read and powerful tool for the owner-operator and the fleet manager to compare the benefits and costs of alternative truck routes. Considerable effort is made by TruckPilot to verify the accuracy of the information provided. Submitting trip requests, however, is a tacit acknowledgment by the user that no warranty or guarantee can be made by TruckPilot as to the accuracy of the information, and the trip request submission also indicates the user’s willingness to assume all possible risk and loss associated with the use of the route information.

OUTPUT: The TruckPilot Route Sheet

There are four sections to the TruckPilot Route Sheet:

Section A: Route Summary. Contains a snapshot of the selections that the user made on the TruckPilot Trip Request Page, and include origin, destination, route preferences (if any), enroute facilities selected (if any). The Route Summary also displays the mileage and driving time of the route, plus accumulated mileage and driving time of previous routes associated with the same trip (using the “Continue Your Trip” feature at the bottom of the Route Sheet.

Section B: Route Statistics. Indicates the type of route requested (minimum driving time, minimum distance, and -soon- minimum cost). Then various tables are displayed which provide mileage and cost information. For example, the Mileage By State table displays the route distance in each state, as well as how many miles were STAA miles, Non-STAA miles, Tollmiles and Non-tollmiles. Additional tables displaying various cost per mile information are being designed.

Section C: Route Direction Summary. This provides a snapshot of the route in terms of the specific roads being used. It includes directions, the headings of those directions and the mileage to be taken on each.

Section D: Detailed Route Itinerary. Section D contains a comprehensive “schedule” of the route, and is displayed in three columns: column 1 shows accumulated mileage and driving time for all events and advisories along the route; column 2 contains a description of those events (directions, junctions, checkpoints, locations of requested enroute facilities, crossing borders, road advisories, etc.); and column 3 shows remaining mileage and driving time at those event and advisory points.

Many links are also displayed, such as state road conditions and city-specific weather. “Clicking” these links will take the user to additional websites where expanded information on the various subjects can be obtained.

“Continuing Your Trip” and “Take Another Trip” Features: At the bottom of Section D are optional selections that can be made by the user. If the user wishes to continue from the destination of the current route to another destination, then the “Continue Your Trip” button should be clicked. A new Trip Request Page will be displayed (note that the destination of the current route is automatically the origin of this second route; also note that the route preferences and the enroute facilities selected on the first route are automatically indicated….the user is free to change these previous selections if desired). Once the user enters a new destination, the process is the same as described above. If the user desires to start a “fresh” route, the back button can be clicked or the “Take Another Trip” button can be clicked. The advantage of choosing the latter is that the previous route will be stored in the browser for comparison to the new route.