Car insurance - Just been robbed

[Colliahhh]

The cost of car insurance is why people drive around without any. It's a vicious circle, insurance is expensive because people have crashes with uninsured drivers, drivers therefore can't afford the insurance so don't get any, they then crash and cause the premiums of others to remain high.

The amount of claims made against insurance has a minimal impact on why insurers need to increase their premiums (despite what noises the insurers make). The insurers will invest premiums in hedge funds etc in order to increase returns, when the economy is crap premiums usually rise as the insurers are able to recover less from their investments.

The recent ECHR ruling on equality between men and women for insurance is also likely to be a convenient excuse to push up premiums a bit more.

 

[stonerblue]

Also as a 21year old male driving since 17.. I'm terrified to have an accident or for someone to drive into me as it just sky rockets your monthly/annual fee!

A stupid woman drove into the side of me on a large round about a few years ago, after 6 months of contesting what was going on about it.. they settled for 50/50 as it was a round about and their were no witnesses, and guess what! - My insurance company were more than happy to put my renewal up! FYI direct line are fucking bollocks! never use them EVER

Get one of these - doesn't cover ever angle but for £20+ with card its worth it.

<a class="postlink" href="http://www.amazon.co.uk/gp/product/B005Q6CJI4/ref=pd_lpo_k2_dp_sr_1?pf_rd_p=103612307&pf_rd_s=lpo-top-stripe&pf_rd_t=201&pf_rd_i=B003ELN2HU&pf_rd_m=A3P5ROKL5A1OLE&pf_rd_r=15AMY4D4Y9S6RKD176PK" onclick="window.open(this.href);return false;">http://www.amazon.co.uk/gp/product/B005 ... S6RKD176PK</a>

I was hit by a car that claimed I'd driven up the side of him when he was in the middle of the road - in fact he'd changed his mind about going right and hit me - took pictures that proved his version of events was impossible and got the claim reverted to being his fault entirely rather than the 50/50 they were going to agree on.

Went and bought this the day after. Well worth it.
Quality is decent enough to show who did what - you cant read number plates if the car is more than twenty feet away but they're still good to have.

I'd advise anyone having any kind of prang to get out of the car immediately and take loads of pics before anyone moves the cars.

 

[johnmc]

The cost of car insurance is why people drive around without any. It's a vicious circle, insurance is expensive because people have crashes with uninsured drivers, drivers therefore can't afford the insurance so don't get any, they then crash and cause the premiums of others to remain high.

The amount of claims made against insurance has a minimal impact on why insurers need to increase their premiums (despite what noises the insurers make). The insurers will invest premiums in hedge funds etc in order to increase returns, when the economy is crap premiums usually rise as the insurers are able to recover less from their investments.

The recent ECHR ruling on equality between men and women for insurance is also likely to be a convenient excuse to push up premiums a bit more.

Not true. Of course claims affect premiums.

 

[Colliahhh]

The cost of car insurance is why people drive around without any. It's a vicious circle, insurance is expensive because people have crashes with uninsured drivers, drivers therefore can't afford the insurance so don't get any, they then crash and cause the premiums of others to remain high.

The amount of claims made against insurance has a minimal impact on why insurers need to increase their premiums (despite what noises the insurers make). The insurers will invest premiums in hedge funds etc in order to increase returns, when the economy is crap premiums usually rise as the insurers are able to recover less from their investments.

The recent ECHR ruling on equality between men and women for insurance is also likely to be a convenient excuse to push up premiums a bit more.

Not true. Of course claims affect premiums.

For individual drivers yes. As for the trend of rising insurance premiums for everyone over the years, even those who have never had an accident, the amount of claims being made country wide doesn't impact it, it's due to the economy.

 

[BigJoe#1]

Dont normally like to promote companys but... my Daughter 19 this year driving for 2 years. Added her to a multicar policy. We now insure

2011 VW Golf

2011 BMW 3.3

2001 Fiesta focus 1.3

all for £100/month,

Worth looking into.

 

[bluemoon27]

people say thats insurance price is ridiculous compared to yrs ago,but when i got my 1st car i was paying £300 a yr and thats what i pay now,but the difference was my 1st wage was £17.50 a week so really its all in comparison