I’m not surprised insurance is so expensive

Dr House

Dr House

Dr House

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Everyone complains that car insurance is too expensive but its hardly surprising when the dealers charging a ridiculous 100 pounds per hours for some kid to work on your car, the manufactures charge stupid amounts for parts and consumers are using sharks like helphire to force insurance companies to pay 150 quid a day to rent them a equivalent car and every idiot is trying to claim for whiplash.

For example, I bought my brother a new vw scirocco lat year, I pay 1400 pounds in insurance per year with a 10% excess.

Some idiot broke into the car outside the hospital last week and stole the navigation unit, VW have charged 5000 pounds to put the car right again, it would have been more because they wanted to repaint the one side of the car because there was a tiny little mark on the door handle from the broken glass but I would not allow it.

How the hell can the bill come to 5k on a 20k because someone stole the radio:rolleyes:

I think they replaced the door card, part of the leather seat and dashboard because they must have had small marks on them from the broken glass.
 
a) Insurance companies do not pay dealers £100 an hour for bodyshop work - try closer to £30 an hour - yes, they pay franchised dealer bodyshops as little as £30 an hour for insurance work
b) Everyone is not getting Helphire to pay £150 a day for a loan car - the Association of British Insurers now has a credit hire code of practice - of which HH and similar are signatories - which sets maximum chargeable rates for various class of cars. The only people paying £150 are those providing replacements for very high end cars.
 
My hired vectra taxi was £190 + vat a day. Although tha is because it's a Glasgow plated taxi as well as a shoddy vauxhall

Insurance companies don't help themselves though

When iwas drove into last year I contacted the other parties insurance co and asked if they would pay fOr a base hire vehicle from our radio company at £150 a week to which they told me no


Sooo a quick phone call to an accident management co specialising in taxis got me a plated vectra at £190 a day plus they were billed funny money for radio removal and fitting which they could have avoided


They have no sense when it comes to dealing with claims as they know they can just pass the costs on to paying customers So please don't think the insurance companies are in any way victims of the sharks like yelphire etc
 
Ah well then tis not quite a bad as I thought

I know its the dailyFail but still
http://www.dailymail.co.uk/money/article-1361965/The-greedy-companies-profit-car-insurance.html

Last April, Money Mail revealed how England and Aston Villa footballer Darren Bent became caught in a legal row between his insurer Allianz and credit hire firm Accident Exchange.
Allianz paid out for the damage to Mr Bent's Mercedes CLS Coupe, but refused to pay the £64,000 bill from Accident Exchange for renting out an Aston Martin DB9 for 94 days. Last month at Cambridge County Court, Allianz was ordered to pay £40,000 towards the bill, with the judge ruling Mr Bent should have shopped around for a cheaper deal.


Read more: http://www.dailymail.co.uk/money/ar...anies-profit-car-insurance.html#ixzz1JXR4Z64e
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Foxtrot26, I am not saying they are victims but at the end of the day the cost all gets passed on to us due to the above points.
 
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I agree with the whiplash comment, my sister was in the back of a car that was involved in a 4 car accident. She did have whiplash for 3 days, but nothing major at all. A bit of pain but that was it, the insurance company pushed her to claim a 4 figure sum for it...
 
And why exactly should people not get like for like hire cars and why should people not have work done to the best possible quality when it comes to repairs?

All of the above costs could be avoided if people stopped having accidents
 
rypt said:
And why exactly should people not get like for like hire cars and why should people not have work done to the best possible quality when it comes to repairs?
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Because we can all live for a few days without driving around in our fancy cars. Work for the greater good and all that...

rypt said:
All of the above costs could be avoided if people stopped having accidents
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Accidents are called accidents because thats exactly what they are. People do not plans it have a accident it just happens but we should try and minimise the loss to all concerned because it's us that end up paying for it one way or the other.
 
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They may be called accidents, but when you let people on the road who clearly should not be there then they are an accident waiting to happen
 
rypt said:
They may be called accidents, but when you let people on the road who clearly should not be there then they are an accident waiting to happen
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If you mean the following then I agree with you.........

1) Accidents happen, such as a lapse in concentration or a blowout or skidding on ice - Often just bumper damage
2) People are driving like Colin McRae down a road in a 12 year old Saxo then put it through someones living room wall. You could call them 'accidents' but it was down to driving like a nobend anyway.
 
That's exactly what I mean

But you are also missing a 3) the older drivers who are completely oblivious to what is occurring around them on the road
 
a great proportion of it is personal injury I would suspect, not just the face value pay outs but the amount the solicitors charge, I'm in line to recieve upwards of £12,000 and the amount the solicitors are charging the insurance company ontop of that figure is close to £8k!
 
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