pay for legal cover or covered by law

monicajj

Hi People,

I am sure martin said that by law you are covered for legal cover and its not necessary to pay for it.

This relates to car insurance, not that it'll be used (touch wood) but nice to have.

can anyone please confirm, thank you for your time

geri1965_2

I think he probably means you have access to a no win no fee solicitor, regardless of whether you pay for legal cover with your insurers or not.

lisyloo

Won't necessarily cover the same things though.
My FIL hit a pedestrian and once it was all settled his legal cover paid back his excess of £120.
There is no way a no-win no-free solicitor will take on a £120 case, so don't rely on this route to cover you for recovery of your excess.

I have a combined £12 policy which coveres 3 vehicles and home, rather than taking them seperately.

lisyloo

no-win no-free solicitor

:rotfl:
That was a genuine typo and no pun intended, but I think I'll leave it :j

dacouch

As Lisyloo has pointed out you can get Legal Cover for a much more reasonable cost.

It makes me laugh how Insurers charge £20 to £30 for legal cover when it costs them between £free and £3 a policy. They have started to use it to subsidise the cheap premiums, they are going all Ryan Air on us

lisyloo

They have started to use it to subsidise the cheap premiums, they are going all Ryan Air on us

To be fair if you look at the popularity of Ryan Air or the popularity of selecting the cheapest price disregarding all else, then this is the logical business model to take.

luci

lisyloo wrote: »

I have a combined £12 policy which coveres 3 vehicles and home, rather than taking them seperately.

lisyloo

Who is your policy with and did you get it through a broker or direct?

lisyloo

It's with Groupama up to £75k.
Here you go

http://www.payless.me.uk/clubspecial.htm

No connection, no kickback, no advice.
Payless is a user of this site, so you can check his posting record.
He gives it away free with his "club" because the regulatory costs for selling it are too high. Obviously there is a risk of buying without advice, so you have to decide for yourself if the policy is suitable and worth the saving.

payless

Some insurance policies automatically include legal cover ( no option to remove ) but of course make sure its still overall the most suitable.

Cheers for mention - I would not have posted here before you mentioned it , as I don't want to be seen as touting - in fact the margins aren't high enough really to justify touting!

Yep just to clarify, The plan I use is more aimed at affinity groups / larger schemes which makes it more complex to sell individually - and whilst this does cost me ( a fair bit more than dacouch's estimate! ) I do not sell nor charge for this product, instead I may offer it free to certain joining my people who have joined my "discount club" for other services, for some existing clients, or those looking at a review service.

dacouch

Payless my upto £3 was for a stand alone motor legal policy, the domestic legal policies generally cost more than this wholesale.

I think you policy offers very good value and cover

payless

dacouch wrote: »

Payless my upto £3 was for a stand alone motor legal policy, the domestic legal policies generally cost more than this wholesale.

I think you policy offers very good value and cover

Yeah I knew what you meant - being a "combined" multi cover rather than single car is what makes the main difference.

It amazing though thousands if not millions of people just pay for this " high price" optional cover on both their car and house policies, it must add millions to their bottom line.