Car Insurance Quotes...Unrealistic!?

Spiderham

gumtree246 wrote: »

so let them open up the books to see how they assess each individual

There are two issues with that

1. They are commercially sensitive
2. Far more importantly they are not allowed to as that would breach competition between insurers. If all insurers could see each others' rates they'd then be able to work out risk more accurately and you wouldn't get differences between companies meaning an average between current rates offered by each company would be what is available. That means you'd expect rated to go up for everyone.

gumtree246

OK i just can not believe what i see Quote for car insurance as follows

working it would cost me £344.52 from endsleigh
AND
unemployed it would cost me £870.02 from endsligh

I would have to pay a massive £525.50 extra for being unemployed, well, think about it, if your going to put a man or woman down then do it right the first time, seems to me insurance company's are doing it right first time.


on another note, if one had little money would they lie about having a job, of coarse this would invalidate your car insurance, but are insurance company's helping to make criminals out of the ordinary people, how many people would be tempted to pay the lesser price if they were in in fiscal poverty. It would be interesting to hear from people who are in real monetary dire times other than people who are fiscally secure.