Car Insurance - Do I Need?

Bonking_Mad

I have a Renault Clio 1.4 - W plate - 5 yrs NCD, garage overnight, less than 1000 miles per year, quotes showing around £500.00 :eek:

Trying to get the price down, do I need legal assistance and personal accident?

bigjl

Since legal cover normally costs a few pound a year i would say yes.

Unless you say how much this extra cover costs how can we possibly say what is or isn't a good idea.

If they both costs £20 pa they are a good idea, if they cost £250pa they are a bad idea.

Remember that proper insurance cover is expenaive till you need it then it is money well spent.

victor2

I would also say yes to legal cover.
In my experience it means you just let the insurance co. deal with any claim and the associated legalities. The most you would have to do is forward any legal letters you receive onto your insurers - assuming nothing like a court appearance resulted.

soup

you'd be better off getting a taxi or bus when all expenses are added up.

Bonking_Mad

bigjl wrote: »

Unless you say how much this extra cover costs how can we possibly say what is or isn't a good idea

£20.00 for each

Allianz is the insurer i'm considering

Scooby_Doo.

It's up to you, they are not legal requirements so you need to weigh up the odds of using them against saving £40 or 11p per day.

mikey72

I never take them.
But I don't pay for protected NCD either.

adamc260

mikey72 wrote: »

I never take them.
But I don't pay for protected NCD either.

How come, I know your base premium will go up but if that happens and you lose your NCD too thats a much bigger jump

mikey72

adamc260 wrote: »

How come, I know your base premium will go up but if that happens and you lose your NCD too thats a much bigger jump

I had this discussion on the insurance board a while ago.
I posted up the figures for quotes with a claim, and no protection, and a claim with protection.
I have a low premium, and full ncd at present.
The cost of the protection was more than the increase in premium due to the loss of ncd, and the actual difference in premiums was quite small. So the premium increased regardless. The claim made the difference to me. With multiple claims the insurers declined to protect the next year, so I was even worse off.

Also, tbh, I can't see how selling insurance for insurance ncd could be loss making for an insurance company, they must make money on it, or they wouldn't be selling it.

JQ.

mikey72 wrote: »

But I don't pay for protected NCD either.

Same here.

It's insuring your insurance. Why not take it a step further and insure the insurance your insuring your insurance with.

Then if you want to be really safe, insure the insurance your insuring your insurance with that's insuring the first insurance.

unitedleeds

You do NOT need to take out legal cover. In the event that you do need to make a claim, solicitors can set up an after the event legal policy out for you, at no cost to you.

It's not insuring your insurance. Your insurance and legal cover are two seperate things.

For example if you wanted to make a claim for any personal injury and/or uninsured losses, such as policy excess or loss of earnings, then the legal expenses policy will cover you for the costs awarded against you in the event that you lose in court, aswell as the court fees and medical fees (for the purposes of documenting your injury - not for treatment).

EDIT: Also, a lot of people have legal cover with credit card companies, home insurance etc...