Has your insurance gone up?
Discussion
JustGetATesla said:
Of course! Everything costs more in the UK. Do French car insurers use claims management companies as ours do? There's your cost increase of a "repair" right there - in my case £165 A DAY for the courtesy Volvo where the repair wasn't even authorised for 6 weeks. Kerching.
That will be a part of the problem, however I don't think UK is the only place where insurers use claims management companies, but I'm happy to be corrected on this. The whole car insurance industry in the UK seems like a racket to me and I don't even own tinfoil hat.Another annoying thing is that FCA won't even investigate.
danashby said:
That will be a part of the problem, however I don't think UK is the only place where insurers use claims management companies, but I'm happy to be corrected on this. The whole car insurance industry in the UK seems like a racket to me and I don't even own tinfoil hat.
Another annoying thing is that FCA won't even investigate.
Investigate what? Another annoying thing is that FCA won't even investigate.
I can just see the FCA sitting there saying “My God Dan Ashby who doesn’t understand anything at all about insurance thinks the whole thing seems like a racket. Looks like we’ve not been doing our jobs. We’d better investigate something’
TwigtheWonderkid said:
No. If insurers had to do full checks on their customers claims history, dvla conviction check, criminal records check, all of which they could do, for every customer at inception, it would take time and money, more staff, and increase premiums. That's something I gather you're not keen on. Far better for them and us if they rely on the customer to tell them, so they can rate the policy, and do their checks, if they wish to, on the much smaller number of customers that have a claim. To ensure the info provided by the customer was correct.
Honestly, with all your industry experience, I'm surprised you hadn't figured this out.
Why do you always have to make it personal?Honestly, with all your industry experience, I'm surprised you hadn't figured this out.
It's pathetic.
And as usual you are talking rubbish based on how things were 20+ years ago
SpeedBash said:
https://www.connexionfrance.com/article/Practical/Money/What-should-you-expect-to-pay-for-car-insurance-in-France2LF5335 said:
Notice how French people are able to save 10% by going 3rd fire and theft and 40% by going third party only.That is an example of what happens in a normally functioning market where buying less cover costs less money
e-honda said:
Notice how French people are able to save 10% by going 3rd fire and theft and 40% by going third party only.
That is an example of what happens in a normally functioning market where buying less cover costs less money
Or they have a completely different legal system and also different things anyone can claim for. That is an example of what happens in a normally functioning market where buying less cover costs less money
SpeedBash said:
These articles never seem to give comparable results by Insurers ie what is the overall Industry loss ratio in the UK v France ?e-honda said:
We are talking about France not Turkmenistan.
Most of us have probably been there, it's part of the EU and there legal system is broadly similar to our own.
Broadly is not the same. Can you claim for exactly the same stuff? Is there a mature , effective and highly profitable No Win, No Fee injury claims system? Ditto the hire car market? Can each insurer charge the other whatever figure they want for labour, parts etc when repairing their own customer’s car after a non-fault accident? Do insurers have to pick up the costs for street furniture damaged in a crash? Are those repairs charged at whatever rates the French Highways Agency wants to charge? Do the insurers have to pay the government back for ambulance and hospital usage in their equal alert of the NHS? Most of us have probably been there, it's part of the EU and there legal system is broadly similar to our own.
Are Range Rovers stolen as frequently, are any cars? This only applies to cover higher than TP only.
I don’t know the answers, but all of the above are hugely relevant to the cost of insurance.
I did link that the average cost of insurance appears to be very similar to the UK now. Is it just a case of the UK has been comparatively a lot cheaper and it’s levelling up?
LF5335 said:
Broadly is not the same. Can you claim for exactly the same stuff? Is there a mature , effective and highly profitable No Win, No Fee injury claims system? Ditto the hire car market? Can each insurer charge the other whatever figure they want for labour, parts etc when repairing their own customer’s car after a non-fault accident? Do insurers have to pick up the costs for street furniture damaged in a crash? Are those repairs charged at whatever rates the French Highways Agency wants to charge? Do the insurers have to pay the government back for ambulance and hospital usage in their equal alert of the NHS?
Are Range Rovers stolen as frequently, are any cars? This only applies to cover higher than TP only.
I don’t know the answers, but all of the above are hugely relevant to the cost of insurance.
I did link that the average cost of insurance appears to be very similar to the UK now. Is it just a case of the UK has been comparatively a lot cheaper and it’s levelling up?
I would yes to all above within reason Are Range Rovers stolen as frequently, are any cars? This only applies to cover higher than TP only.
I don’t know the answers, but all of the above are hugely relevant to the cost of insurance.
I did link that the average cost of insurance appears to be very similar to the UK now. Is it just a case of the UK has been comparatively a lot cheaper and it’s levelling up?
But I am not sure why you are asking me, you are claiming there are significant differences, you point to them, why should I have to prove their absence when you've not even made a convincing argument for their relevance let alone their existence.
The motoring landscape is very different in France. No regular 2-3 year change cycles, hardly any company car culture either. The National car stock is older, more basically specced and generally kept long term. They tend not to bother with smaller claims, for parking knocks and minor tit for tat collisions either.
e-honda said:
I would yes to all above within reason
But I am not sure why you are asking me, you are claiming there are significant differences, you point to them, why should I have to prove their absence when you've not even made a convincing argument for their relevance let alone their existence.
Have a look at the answer just given by someone else. Suggests it’s very different to me. But I am not sure why you are asking me, you are claiming there are significant differences, you point to them, why should I have to prove their absence when you've not even made a convincing argument for their relevance let alone their existence.
21st Century Man said:
The motoring landscape is very different in France. No regular 2-3 year change cycles, hardly any company car culture either. The National car stock is older, more basically specced and generally kept long term. They tend not to bother with smaller claims, for parking knocks and minor tit for tat collisions either.
Barring the odd outlier then ( Range Rovers in Paris perhaps ?) then this possibly implies that French Insurers results are more profitable than the UK’s or indeed their pricing is perhaps more expensive and or realistic to start with ?As such comparing country percentage hikes like the guardian in the example given likes to do is totally pointless.
LF5335 said:
Have a look at the answer just given by someone else. Suggests it’s very different to me.
You were specifically responding to me commenting about there 3rd party cover costing less than fully comp.I'm not sure the post above is anything to do with that and was not a response to my post but more a more general post about why insurance might not have gone up as much in France.
If it was a response to me then please explain how people making less small claims and having older less valuable cars is in anyway a driver for 3rd party only drivers presenting about 1/4 risk to insurers in France than they do in the UK, but fully comp drivers presenting roughly the same risk as they do in the UK?
insurance costs are higher France to start with.
I'm a little rusty on last couple of years as I haven't compared rates. ncb doesn't exist, but then premiums tend not to rise by much if you stay with same insurer. like a lot of things, prices tend to be higher but more stable. anglo saxons are different.
I'm a little rusty on last couple of years as I haven't compared rates. ncb doesn't exist, but then premiums tend not to rise by much if you stay with same insurer. like a lot of things, prices tend to be higher but more stable. anglo saxons are different.
e-honda said:
You were specifically responding to me commenting about there 3rd party cover costing less than fully comp.
I'm not sure the post above is anything to do with that and was not a response to my post but more a more general post about why insurance might not have gone up as much in France.
If it was a response to me then please explain how people making less small claims and having older less valuable cars is in anyway a driver for 3rd party only drivers presenting about 1/4 risk to insurers in France than they do in the UK, but fully comp drivers presenting roughly the same risk as they do in the UK?
I’ve explained numerous times why TO costs more in the UK. You just don’t want to accept it. I’ll simply say that the same pressures probably don’t exist in France. This isn’t difficult to grasp. I'm not sure the post above is anything to do with that and was not a response to my post but more a more general post about why insurance might not have gone up as much in France.
If it was a response to me then please explain how people making less small claims and having older less valuable cars is in anyway a driver for 3rd party only drivers presenting about 1/4 risk to insurers in France than they do in the UK, but fully comp drivers presenting roughly the same risk as they do in the UK?
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