Legal Protection Insurance - another scandal waiting to happen

Buellguy

Well I had the legal cover on the bike insurance and I would NEVER not have it. They did all the legwork for a case covering 4 and a half years. Yes, the other party was at fault and the solicitors probably got all their money back from 3rd party, but the solicitors were superb and were very reassuring (nice when you are sat there with both arms in plaster)

_Andy_

quotememiserable wrote: »

I'm sure you've all been offered legal protection insurance for 'only' £25 when you bought home, car insurance or just about any other financial product. I renewed with eSure just now and they were really pushy about it - a sure sign they make money from it.
This product is basically useless, because a negligant party has to pay your legal fees anyway.
I'm rather surprised Martin hasn't picked this up already - or has he?

Well based on that informative post I'm definitely never taking legal protection cover out.

Quentin

Buellguy wrote: »

Well I had the legal cover on the bike insurance and I would NEVER not have it. They did all the legwork for a case covering 4 and a half years. Yes, the other party was at fault and the solicitors probably got all their money back from 3rd party, but the solicitors were superb and were very reassuring (nice when you are sat there with both arms in plaster)

A PI solicitor (no win no fee) would have taken your case (and you could use a cashback firm who would have paid you £100s for instructing them direct).

The "legal cover" (which you paid your insurer for) just gave your insurer the opportunity to sell you on to the specialist firm!

quotememiserable

Well, I'm surprised to find that some people regard this as a valuable product, but each to his own.

My original point is really that insurance companies push this product hard, trying to tell me that I have to buy it. I think a lot of people will buy the product without understanding, or without even knowing they've bought it, since most insurers now make it a default addtion. These are the characteristics if miss-selling.

dunstonh

My original point is really that insurance companies push this product hard, trying to tell me that I have to buy it.

I've never had a hard sell on these.

I think a lot of people will buy the product without understanding, or without even knowing they've bought it, since most insurers now make it a default addtion.

Doesnt make it mis-sold. Go back 20 years and most people had legal expenses by default (along with accidental damage and personal possessions).

I doubt many house and car policies are sold nowadays. I would think most are bought.

forgotmyname

Mis-selling to me means they sold to to me without my knowledge or sold me a product or service that they knew i could never use.

Non of these seem to apply to legal protection. Its clearly on my paperwork with the fee and doesnt seem to exclude anyone from using it.

If you dont want it then dont buy it.

Dangermac

quotememiserable wrote: »

I'm sure you've all been offered legal protection insurance for 'only' £25 when you bought home, car insurance or just about any other financial product. I renewed with eSure just now and they were really pushy about it - a sure sign they make money from it.
This product is basically useless, because a negligant party has to pay your legal fees anyway.
I'm rather surprised Martin hasn't picked this up already - or has he?

I think that the clue is in your post - i.e offered legal protection insurance.

I think that, what you mean is, you have the option to accept or decline the offer of Legal Protection cover.

Here's a really good tip for you. If you dont want the cover, then dont buy it. It's fairly basic.

Dont buy the cover and then play the victim, that some nasty salesperson on the phone threatened you with all sorts if you dont take the cover.

Good grief

DM

opinions4u

It will never become the same as the PPI issue because the premiums are tiny by comparison.