Man of Honour
Man maths at it's finestcool if my insurance goes up too much on the ipace i will just have the tell the mrs to open her purse, we will have to buy a lambo. Its the fiscally prudent thing to do
Man maths at it's finestcool if my insurance goes up too much on the ipace i will just have the tell the mrs to open her purse, we will have to buy a lambo. Its the fiscally prudent thing to do
You are the exception
At first glance, I wasn't sure what direction this post was going incool if my insurance goes up too much on the ipace i will just have the tell the mrs to open her purse, we will have to buy a lambo. Its the fiscally prudent thing to do
cool if my insurance goes up too much on the ipace i will just have the tell the mrs to open her purse...
no commentWhat like "Darling the insurance has gone up 2 hundred, lay down and open up please" ?
so why is is affecting us massively more than other countries in Europe who also had similar issues with covid and the Russian invasion of Ukraine?.
in which case that is profiteering and NOT covid and the war then like you said?. Your post basically came across like the price hikes were reasonable and unavoidable.Someone already summed this up, it's the British way, we just except it and suck it up
in which case that is profiteering and NOT covid and the war then like you said?. Your post basically came across like the price hikes were reasonable and unavoidable.
The group on Thursday said its first-half pre-tax loss had widened to £76.3mn in the six months to June, compared with an £11.1mn loss in the same period last year as rising premiums took “longer than expected” to improve its margins.“First-half earnings are not where we would like them to be,” said interim chief executive Jon Greenwood, adding that the company was, however, now writing business at improved margins.Analysts at Citi said although the results were “very poor”, there were positive signs on the outlook, and the sale of the brokered commercial insurance unit had “completely removed” the chance of an equity raise.The results come after a series of profit warnings from Direct Line in the last year as rising prices for car parts and second-hand cars drove up the cost of payouts. The company cut its annual final dividend this year as bad weather added to the pressure.
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Direct Line has also come under regulatory scrutiny this year after the Financial Conduct Authority in June ordered it to review claims paid out between 2017 and 2022. This prompted the insurer to say earlier this month that it would spend £30mn refunding customers it overcharged for their home and motor cover.
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The FCA’s pricing rules were introduced last year in a bid to stamp out the so-called loyalty penalty — the practice of insurers charging existing customers far more for their policies than they would charge new customers for the same policy.
And they all know this so there's no reason for them to drop prices if everyone else is doing itIts not like I can go without it, so will just have to suck it up. Annoying.
Not in your case no, but in my case it was.There is no "to be fair" about this at all. Admiral are a right wind up.
I paid £850 last year for an E43 + home insurance. This year it was £1600. After 30 secs on the phone he had found 200 quid "one off discounts" and then with a few more jiggery nonesense he got it to £1146.
So still way more than last year but 450 off the original quote. I hate companies that rinse people like this.
Similar experience for me. Paid £550 last year with Admiral on my C43. This year, they wanted £950. Quick phonecall and they miraculously found £200 'one off discounts'.There is no "to be fair" about this at all. Admiral are a right wind up.
I paid £850 last year for an E43 + home insurance. This year it was £1600. After 30 secs on the phone he had found 200 quid "one off discounts" and then with a few more jiggery nonesense he got it to £1146.
So still way more than last year but 450 off the original quote. I hate companies that rinse people like this.
What loss during covid? No one was going anywhere so claims were minimal, on the other hand the driving standard certainly seems to have dropped post lockdowns.Imo there are a lot of companies profiteering ATM, I think it's to make up the loss during covid but I can't see prices dropping.