Things you think are overpriced

[Scootersp]

Ladies hair cuts

Horses

Electric wheelchairs

Footballers

[RegMolehusband]

And so it continues

[popeyewhite]

Driver101 said:

The thread isn't titled "things that are overpriced as a cheapish holiday costs £503" either, but you thought that was a valid justification of expensive.

What are you on about? I'm simply stating people's definition of what is overpriced or not varies.

Edited by popeyewhite on Thursday 27th February 15:09

[Liggle]

Houses
Luxury watches
Cars

Still doesn't stop me wanting or buying them though

[Driver101]

popeyewhite said:

Driver101 said:

The thread isn't titled "things that are overpriced as a cheapish holiday costs £503" either, but you thought that was a valid justification of expensive.

What are yoiu on about? I'm simply stating people's definition of what is overpriced or not varies.

People's definition and understandings can be wrong. It's a discussion forum and the discussion was fair.

I have no idea why such a simple point has got your knickers in a twist. Odd.

[TwigtheWonderkid]

NickCQ said:

Driver101 said:

I'm not really sure why you're getting upset and aggressive about such a simple post.

A lot of posters on PH really resent how much car insurance costs, you can see it in many sub-forums.

In general, logic & evidence isn't a highly valued commodity on PH. You only have to read some of the threads about ghosts and other supernatural claptrap to see that.

[bad company]

Women.

[toasty]

bad company said:

Women.

Except Maureen.

[Pericoloso]

RegMolehusband said:

The OP (with just two posts) is like somebody throwing a piece of bread to the ducks and standing back to watch the frenzy.

I questioned the OP's intentions with 2 weird threads so far and got flamed by a sarcastic Troll !

[popeyewhite]

Driver101 said:

People's definition and understandings can be wrong. It's a discussion forum and the discussion was fair.

I have no idea why such a simple point has got your knickers in a twist. Odd.

PH cliche alert!

[Wombat3]

NickCQ said:

popeyewhite said:

On another note, the average premium in 2019 was £503. How is that stupidly cheap?

Because the industry average loss ratio is 85% - so insurers pay out £430 of claims per policy on average
That leaves £75 for administration, operations, marketing, customer acquisition and all the rest of it.

2018 was the most profitable year since records began and they made a 95% combined ratio (e.g. 5% profit margin)
https://www.ey.com/en_uk/news/2019/12/uk-motor-ins...

Don't have too much sympathy for them. There seems to be an underlying culture within the insurance business of "its cheaper to settle / just pay it". Saw a claim for a rear bumper respray (no parts, just cosmetic) come out at over £1500 last year by the time it had gone to a main dealer to get it done & the insurer was billed for (high end) courtesy car etc etc etc. This on a 7 or 8 year old car.

They don't seem to bother about trying to get things done/repaired for a reasonable figure commensurate with the overall age/condition of the vehicle concerned. Same as they'll just lob out thousands for spurious injury claims. They don't care, they just put the premiums up to compensate.

[Jaaws]

avinalarf said:

Dentists.

This.

Mind you I'm sitting in a surgery full of overpriced equipment, using overpriced materials, in an overpriced building and supported by overpaid staff, so I would think that, wouldn't I?

[NickCQ]

Wombat3 said:

Don't have too much sympathy for them. There seems to be an underlying culture within the insurance business of "its cheaper to settle / just pay it"

Accident management companies have a lot to do with this mentality.
When the insurer is getting spanked for hundreds a day on credit car hire, whatever they can do to get things fixed as soon as possible seems attractive.

[Wombat3]

NickCQ said:

Wombat3 said:

Don't have too much sympathy for them. There seems to be an underlying culture within the insurance business of "its cheaper to settle / just pay it"

Accident management companies have a lot to do with this mentality.
When the insurer is getting spanked for hundreds a day on credit car hire, whatever they can do to get things fixed as soon as possible seems attractive.

Accident management companies generally belong on the same tiny Island in the mid Atlantic as football agents! Utter parasites.

[TwigtheWonderkid]

Wombat3 said:

NickCQ said:

Wombat3 said:

Don't have too much sympathy for them. There seems to be an underlying culture within the insurance business of "its cheaper to settle / just pay it"

Accident management companies have a lot to do with this mentality.
When the insurer is getting spanked for hundreds a day on credit car hire, whatever they can do to get things fixed as soon as possible seems attractive.

Accident management companies generally belong on the same tiny Island in the mid Atlantic as football agents! Utter parasites.

AMCs and football agents are much like any other professions; there's good ones and bad ones.

[PurpleTurtle]

Jaaws said:

avinalarf said:

Dentists.

This.

Mind you I'm sitting in a surgery full of overpriced equipment, using overpriced materials, in an overpriced building and supported by overpaid staff, so I would think that, wouldn't I?

Funny that nobody says this when they have raging toothache and a re begging for an appointment, when they seem to be more appreciative of the value of their highly trained dentist, his highly trained anaesthetist, the kit they have to invest in, and all of their running costs.

[Skyedriver]

V8covin said:

Tribute band gigs.....£14 to see an AC/DC act !!!!

Bon Giovi - £21.....

[Fastchas]

Council Tax.
Why does it keep increasing, year on year?
More houses get built = more revenue to council coffers by tax payers. Why doesn't it keep stable or drop?

[Scabutz]

Bike insurance. Cycles not motorbikes. My Triathlon bike costs more to insure than my Audi S6 used to

[Fittster]

Fastchas said:

Council Tax.
Why does it keep increasing, year on year?
More houses get built = more revenue to council coffers by tax payers. Why doesn't it keep stable or drop?

Because central government has significantly reduced the funding it provides to local government, and you can only cut so much.