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I recognise this scam

frugalwise
Posts: 18 Forumite
Hi folks
Buyer beware just like the banks the insurance companies are charging ridiculous amount of money for minor change to policy.
Took out insurance with commercial vehicle direct and then put personal plate on truck, charged £50 "admin fee" for this service, there is great old saying that you can shear a sheep many times but can only fleece it once.
So folks the moral of the story read the fine print and buyer beware:( I know who I wont be buying insurance with next year
Buyer beware just like the banks the insurance companies are charging ridiculous amount of money for minor change to policy.
Took out insurance with commercial vehicle direct and then put personal plate on truck, charged £50 "admin fee" for this service, there is great old saying that you can shear a sheep many times but can only fleece it once.
So folks the moral of the story read the fine print and buyer beware:( I know who I wont be buying insurance with next year
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Comments
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frugalwise wrote: »Hi folks
Buyer beware just like the banks the insurance companies are charging ridiculous amount of money for minor change to policy.
Took out insurance with commercial vehicle direct and then put personal plate on truck, charged £50 "admin fee" for this service, there is great old saying that you can shear a sheep many times but can only fleece it once.
So folks the moral of the story read the fine print and buyer beware:( I know who I wont be buying insurance with next year
Actually, that fee sounds about right for the administrative work involved.0 -
frugalwise wrote: »Hi folks
Buyer beware just like the banks the insurance companies are charging ridiculous amount of money for minor change to policy.
Took out insurance with commercial vehicle direct and then put personal plate on truck, charged £50 "admin fee" for this service, there is great old saying that you can shear a sheep many times but can only fleece it once.
So folks the moral of the story read the fine print and buyer beware:( I know who I wont be buying insurance with next year
Yes, read the fine print...and put the plate on at the END of the policy!!!!!:money: :money: :money: :money: :money: :money:0 -
88 miles per hour!!0
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Where is the scam?So folks the moral of the story read the fine print and buyer beware I know who I wont be buying insurance with next year
duh! Do you complain to Tesco that you have to pay for the price marked one shelf?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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