Hmm, You learn something new everyday!
The usual teenage stuff, fronting, non declaration of mods.. and a crash
- Thread starter Fr0dders
- Start date
Hmm, You learn something new everyday!
Best way to void a policy when someone comes to make a claim, they get the insurance payments then void the policy when its actually needed.
That depends. Some companies do refuse to insure any car which has been modified. Also, Diamond are a specialist company for females. I suspect they wouldn't have insured a bloke if he went to them direct.
Soldato
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If you're declaring mods, it usually does increase the premium a heck of a lot - Quinn doubled my quote for declaring a stainless steel exhaust.
My current insurers added £80 to my premium for a total of 6 modifications, it really does vary.
My current insurers added £80 to my premium for a total of 6 modifications, it really does vary.
They charged you extra for the mastic mod?
And the weight reduction.
I'm pretty sure the diamond are like the other members of the admiral group when it comes to mods - You'll pay out of the backside, but they'll cover them.
Let's be truthful, it's not like he had a redtop engine under the bonnet, or a C20LET running 300BHP, they were rubbish cosmetic mods that probably made the car SLOWER than it was when it left the factory. A couple of quid on top of his premium was not going to stop this accident, no ifs, no buts.
More common sense needs to be taken. I was with Quinn and they actually had a common sense approach to modifications: "Does it make the car faster? No? okay, no charge". Makes far more sense than some other insurance companies, like certain ones asking you to declare FACTORY FIT options as mods. Pah!
You can all moan about it being down to "profiling" modified car owners for statistics, but I ask you two why don't we go further with this ? Are you fat or slim? Black or White? Do you Smoke? How many friends do you have on facebook? I'm sure all of those can be broken down to determine just how much more likely you are to be involved in an accident. If we are going to do the profiling this why not do it properly, instead of roping "modified" car owners into the same group of people who consider parking up in McDonalds and listening to Drum and Bass at full volume their social engagement for the week.
Seriously, words cannot express just how much I detest the insurance system in this country. I pay 4 figure insurance premiums for a policy that I'll move heaven and earth before I'll actually use it. I'm sure many people read that story and think "Good, serves him right". I read it and think it is disgraceful how insurance companies are able to worm out of stuff like this.
The only reason people arent profiled further is because it wouldnt be practical, or that useful.
Insurance companies dont care why statistics show what they do - but they can't be argued with.
The fact that crappy body kits and slammed suspension on a knackered old corsa is a pretty obvious risk though IMO!
Some people get confused that parking on the road results in a lower premium than parking in a driveway...but if one yeilds lower claims - who the hell cares why?
The system is pretty complicated, and it works (for them) - there wouldnt be much money in the insurance industry if they started applying your warped vision of "common sense"
Insurance companies dont care why statistics show what they do - but they can't be argued with.
The fact that crappy body kits and slammed suspension on a knackered old corsa is a pretty obvious risk though IMO!
Some people get confused that parking on the road results in a lower premium than parking in a driveway...but if one yeilds lower claims - who the hell cares why?
The system is pretty complicated, and it works (for them) - there wouldnt be much money in the insurance industry if they started applying your warped vision of "common sense"
Stop ruining my rant!
I know you're correct, I know that they will (quite rightly) try to wriggle out of it, but it still ****es me off. Seriously, I cannot think of one other industry that winds me up as much.
I hold out hope that one day the government will introduce basic third party cover in the cost of tax. It'll never happen, but a man can dream
.
I know you're correct, I know that they will (quite rightly) try to wriggle out of it, but it still ****es me off. Seriously, I cannot think of one other industry that winds me up as much.
I hold out hope that one day the government will introduce basic third party cover in the cost of tax. It'll never happen, but a man can dream
.If young people just stopped being prats, sticking crap to thier crappy cars, fronting and showing off then prices would be perfectly reasonable
Remember, insurance is a competitive market like every other - they all want to make money by getting as many customers as possible. The way to do that is to effectively assess the risk - if that risk was to reduce then the prices would follow as competition sets in.
If that happened, the whole "common sense" of asking "why" would actually work against you - if people with cheap body kits never crashed with any more regularity than people without, they wouldnt charge you for them. But in some people's utopian vision of someone thinking it through, they might actually charge you more because there is an argument that such a modification would pose more of a risk.
Yes, I'm sure loads of people will think "oh they would charge you, just because they could" - but remember what I just said about competition. It would only take one company to reduce or eliminate the charge for a particular modification and the others would lose business.
Its perfectly logical really - no, it doesnt do any favours to young men in modified cars, but they dont do themselves any favours. Until they do, I've got no sympathy
Remember, insurance is a competitive market like every other - they all want to make money by getting as many customers as possible. The way to do that is to effectively assess the risk - if that risk was to reduce then the prices would follow as competition sets in.
If that happened, the whole "common sense" of asking "why" would actually work against you - if people with cheap body kits never crashed with any more regularity than people without, they wouldnt charge you for them. But in some people's utopian vision of someone thinking it through, they might actually charge you more because there is an argument that such a modification would pose more of a risk.
Yes, I'm sure loads of people will think "oh they would charge you, just because they could" - but remember what I just said about competition. It would only take one company to reduce or eliminate the charge for a particular modification and the others would lose business.
Its perfectly logical really - no, it doesnt do any favours to young men in modified cars, but they dont do themselves any favours. Until they do, I've got no sympathy
Aside from my whole insurers rant like usual, I do feel they are being retards in other aspects too. I can understand any engine or suspension mods may affect the way a car drives.
A bonnet scoop, ebay body kit, different alloys, etc... How on earth does that affect the driving ? Sure it might show the owner is a specific type and that type might be statistically more likely to be in an accident, but then why don't young people pay like 1/4th the health insurance premium old farts do, who are statistically far more likely to get an illness or lose a kidney or break their pelvis ?
A bonnet scoop, ebay body kit, different alloys, etc... How on earth does that affect the driving ? Sure it might show the owner is a specific type and that type might be statistically more likely to be in an accident, but then why don't young people pay like 1/4th the health insurance premium old farts do, who are statistically far more likely to get an illness or lose a kidney or break their pelvis ?
Way to ignore everything I've just said
Are you drunk?
A quote from Aviva for health insurance for me, born 1985 non smoker - £41 per month.
Same details, born 1925 - £277
Nearly 7 times the cost
Thats EXACTLY how insurance works
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Insurance is generally non-sensical.
I have been doing some insurance quotes on a Focus ST and for a start, it is £50 more if i park it in my driveway as apposed to the street. So because of the stupid way insurance profiling works, i have to pay £50 more to park my car in a far safer and more sensible place. Even better is that when i choose "kept in garage" it would cost me £150 more! LOL WUT?
Also, out of interest I looked at the difference on a brand new one compared to a 2006 model.....£200 difference ( 2006 model being more expensive). Now i know why this is, but it still makes no sense, it is the same car! You already have my age, occupation, where i live e.t.c. but i assume the older one is more expensive as it is more likely to be driven by someone younger ( who can afford it)? Again, makes no sense.
Also, declaring a previous accident that was my fault made ZERO difference to the quote.
The most annoying thing about all of this is that you wont be able to talk to someone who has common sense about these flaws/issues , you just have to get the price their stupid computers tell you.
So to summarise, mr insurance company would like £350 for parking my car in a locked garage and buying a 2006 car instead of a 2010 one (exactly the same car though)....
I have been doing some insurance quotes on a Focus ST and for a start, it is £50 more if i park it in my driveway as apposed to the street
. So because of the stupid way insurance profiling works, i have to pay £50 more to park my car in a far safer and more sensible place. Even better is that when i choose "kept in garage" it would cost me £150 more! LOL WUT?Also, out of interest I looked at the difference on a brand new one compared to a 2006 model.....£200 difference ( 2006 model being more expensive). Now i know why this is, but it still makes no sense, it is the same car! You already have my age, occupation, where i live e.t.c. but i assume the older one is more expensive as it is more likely to be driven by someone younger ( who can afford it)? Again, makes no sense.
Also, declaring a previous accident that was my fault made ZERO difference to the quote.
The most annoying thing about all of this is that you wont be able to talk to someone who has common sense about these flaws/issues , you just have to get the price their stupid computers tell you.
So to summarise, mr insurance company would like £350 for parking my car in a locked garage and buying a 2006 car instead of a 2010 one (exactly the same car though)....
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![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Are you drunk?
A quote from Aviva for health insurance for me, born 1985 non smoker - £41 per month.
Same details, born 1925 - £277
Nearly 7 times the cost
Thats EXACTLY how insurance works
Okay so health insurance works better in the UK than here, I just tried the same data on a quote site except move my birthdate between 1991 and 1951, both 98 per month
.Ah well.
What is considered a modification over there then ? Exterior? Mechanical ? Interior. Would someone replacing his wiper blades with flatblades, adding a subwoofer in his boot or blinding his rear window be modifying ?
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I understand agree it's down to profiling those with modified cars, but the one thing I cannot "get over" is how the insurance company having a few extra quid in premiums makes much difference to them paying out in the end.
They would not have refused to insure the car with those mods.
They would not have refused to insure the car with those mods.
I suspect they probably would - generally the ombudsman rules in cases where the insurer would still have insured the risk they cannot void the policy.
I imagine they demonstrated that had they been aware of the full disclosure regarding the car, they'd have declined the risk.
After all, 23 year old chavs with modified Corsas are not Diamond's target market.