Insurance cancelled due to painted wheels !

[Ron99]

captain_cynic said:

But I'm sure our resident Insurance Company Marketing Assistant VP Apprentice will be along shortly to assure us that we're not being overcharged, taken for a ride and should be bloody grateful that Insurance companies are even doing anything for us at all (because it's not like insurance is mandatory or anything).

I have no connections with the insurance industry. In general I think insurance costs are fairly good considering how easy it is to cause a lot of expensive damage to other cars or life-changing injuries to people.
Young and inexperienced drivers are riskier so why shouldn't they pay more? Why should older and more experienced drivers subsidise them?

Insurance for my Swift Sport and Insignia (2.8T petrol) is due in a few weeks time and I'm currently getting quotes.
Here's the most recent quote I happen to have readily available:

For 10k miles per year, Direct Line want £249.76 for my Swift Sport.
For the same mileage they want £356.16 for my 2.8 Insignia.

I think those figures are very reasonable.

[Flibble]

saaby93 said:

Well if youre fitting tyes to give decent grip during winter, at the end of March when the clocks change, you stick on summer tyres ( does your insurer need to know) and within days you have snow and black ice appear

Then you're still the same risk as they originally insured you for. Unless you somehow negotiated insurance that only covers you on winter tyres.

[Shakermaker]

If you fit tyres that are suitable for your car, meet the legal requirements for road use, and are in line with what the manufacturer says is doable, then the insurance company have probably already calculated all of that into their premium.

Unless someone can tell me otherwise, I don't think that the actual type of tyre will be a stat that is specifically recorded if there is an accident investigation - it would be more along the lines of "Does the car's tyre meet legal requirements - tread depth, E marked etc"

So because of that, unless the tyre was actually deemed to be a contributing factor to any accident, it won't get checked to say whether it was a summer tyre/winter tyre/off road tyre/really sticky tyre that is better on track than on the road/Landwind ditchfinder - it'll just be "another accident involving a VW Golf" for the insurers to consider in their risk profile.

[captain_cynic]

Ron99 said:

captain_cynic said:

But I'm sure our resident Insurance Company Marketing Assistant VP Apprentice will be along shortly to assure us that we're not being overcharged, taken for a ride and should be bloody grateful that Insurance companies are even doing anything for us at all (because it's not like insurance is mandatory or anything).

I have no connections with the insurance industry. In general I think insurance costs are fairly good considering how easy it is to cause a lot of expensive damage to other cars or life-changing injuries to people.
Young and inexperienced drivers are riskier so why shouldn't they pay more? Why should older and more experienced drivers subsidise them?

Insurance for my Swift Sport and Insignia (2.8T petrol) is due in a few weeks time and I'm currently getting quotes.
Here's the most recent quote I happen to have readily available:

For 10k miles per year, Direct Line want £249.76 for my Swift Sport.
For the same mileage they want £356.16 for my 2.8 Insignia.

I think those figures are very reasonable.

I'm guessing you've never lived anywhere else. For a Swift Sport in Australia you're looking at £150-200 mark. That would also be an open driver policy if you lived in WA.

And you've also swallowed the lie it's based on risk, not what they can get away with charging. £356 for a in insignia would be considered insane in Australia (A$700), for a larger, safer car, you'd expect to pay less and the kicker is, Australia has more road fatalities.

If you think those figures are reasonable, I'd hate to think what's unreasonable to you.

[Ron99]

captain_cynic said:

I'm guessing you've never lived anywhere else. For a Swift Sport in Australia you're looking at £150-200 mark. That would also be an open driver policy if you lived in WA.

And you've also swallowed the lie it's based on risk, not what they can get away with charging. £356 for a in insignia would be considered insane in Australia (A$700), for a larger, safer car, you'd expect to pay less and the kicker is, Australia has more road fatalities.

If you think those figures are reasonable, I'd hate to think what's unreasonable to you.

Maybe the average cost to an insurer after an accident is less in Australia.
Maybe there's less bureaucracy, legal costs, injury claims, insurance-staff wage costs or general taxes. In some countries insurance is subsidised.

Whatever the reasons, insurers generally don't make much profit on car insurance in the UK - typically mid-single-digit-percent on average each year spread over many thousands of policies.

If you think it's so profitable, I suggest you look into setting up your own insurance company, or investing in one that's already established and 'enjoy' the alleged big fat dividends with other shareholders. Either way, I think you'll be very disappointed and you won't get filthy rich as your imagination would have you believe.

[silentbrown]

captain_cynic said:

If you think those figures are reasonable, I'd hate to think what's unreasonable to you.

I suspect you're talking bks.

Average UK car insurance cost : £485 = 900$ AUS. https://boughtbymany.com/news/article/how-much-doe...

Average AUS car insurance cost: 1017$ AUS : https://mozo.com.au/insurance/car-insurance/guides...

[CanAm]

I believe that in Germany cars are usually insured for any driver.

[InitialDave]

While I agree it would be nice to have a "fleet" policy, you're asking them to cover you for the risk of theft (or damage while parked) on all the cars, plus the risks associated with you driving them in proportion to the time spent driving each.

Theoretically, this should be less than the cost of running separate policies on each car, but then again, so should a "multicar" deal, and my experience has been that I can do better by shopping around for each car, as the difference in how different insurers regard the risk/appropriate charge outweighs any one insurer's discount for having several policies.

I'd certainly consider such a product, but it'd have to be a better deal than the other approaches, and I don't think that's doable in most cases.

[anonymous-user]

The way to get a decent reduction on multi car policies is to have way more cars than drivers.

There are policies out there that recognise this but they also tend to give benefits such as comprehensive driving other cars cover.

[miles2018]

Not entirely relevant to this thread but handy to know for those of us with younger drivers in the household; Pay per drive insurance No afiliation etc.

https://www.veygo.com/

[poo at Paul's]

just read this come over form the other more recent thread.

OP you missed a trick, if the paint job was that bad, when the fitter started being a nob about it, you should have said, yeah, she parked up in town last night came back to the car and some vandals had done that to here wheels. Where's the claim form!


Black boxes, avoid at all costs, once you have one, you'll struggle to get rid of it...

[strath44]

miles2018 said:

Not entirely relevant to this thread but handy to know for those of us with younger drivers in the household; Pay per drive insurance No afiliation etc.

https://www.veygo.com/

That is interesting I saw someone similar offering something like this. About 15 years ago when I was in my early 20s I went through a lot of cars and back then I found it really hard to get short / temporary cover and not be in the motor trade.

I have just had my first claim in nearly 18 years of driving (non fault) and I was quite shocked to see what the body shop charged the insurers for the repairs and my car has been back once already due to the poor quality of the repairs and suspension issues. I think when renew I will be looking for insurers that will make it easier for me to choose who repairs the car.

[robinessex]

strath44 said:

miles2018 said:

Not entirely relevant to this thread but handy to know for those of us with younger drivers in the household; Pay per drive insurance No afiliation etc.

https://www.veygo.com/

That is interesting I saw someone similar offering something like this. About 15 years ago when I was in my early 20s I went through a lot of cars and back then I found it really hard to get short / temporary cover and not be in the motor trade.

I have just had my first claim in nearly 18 years of driving (non fault) and I was quite shocked to see what the body shop charged the insurers for the repairs and my car has been back once already due to the poor quality of the repairs and suspension issues. I think when renew I will be looking for insurers that will make it easier for me to choose who repairs the car.

You won't find such. Insurance companies sort out contracts for body repairs, and it's take it or leave it.

[Flibble]

robinessex said:

You won't find such. Insurance companies sort out contracts for body repairs, and it's take it or leave it.

You can choose your own repairer, but there is often an additional charge for this. In the case of a non-fault accident you should always choose your own though as you're not paying for it.

[TwigtheWonderkid]

poo at Paul's said:

Black boxes, avoid at all costs, once you have one, you'll struggle to get rid of it...

What are you talking about??

[V8RX7]

robinessex said:

You won't find such. Insurance companies sort out contracts for body repairs, and it's take it or leave it.

My wife recently hit a parked car - so admittedly it's not going to be a huge repair cost, however her insurer told me to just get one quote, from any garage and they'd be happy or that I could have a cash settlement.

[fastbikes76]

Well it seems the scam company hasn’t got any better in the last 2 years... still ripping off young new drivers

Young drivers 'let down over insurance app faults' https://www.bbc.co.uk/news/business-51612880

[RSTurboPaul]

fastbikes76 said:

Well it seems the scam company hasn’t got any better in the last 2 years... still ripping off young new drivers

Young drivers 'let down over insurance app faults' https://www.bbc.co.uk/news/business-51612880

Carrot Insurance has been mentioned on here before as being shoddy - I can't find any links right now, though.

[MKnight702]

I wonder if this is who one of our friends is insured with. She installed a black box in her car which her son has use of when his is broken. Then a few days later got a report showing that she had been speeding. Upon investigation it turned out that the journey in question was when she was getting a lift in a colleagues car and her car was sat in the garage at home, no the son hadn't taken it out, the route and time corresponded precisely with the lift to work. The insurance company "apologised" and suggested re-installing the app.

This sort of thing should be picked up by the Ombudsman and the company nuked from orbit, I thought that using private data for incorrect reasons is a really big NO under data protection.

[Byker28i]

That sounds like it's her phone recording the journey...