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Insurance quotes are a joke!

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13

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  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    I have just been quoted £154 pa fully comp for a 2005 Mazda MX5 based on 5000 miles a year. I thought that was very reasonable. Not all car insurance is a rip off.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • Which company did you use?
    When you look into an abyss, the abyss also looks into you. Nietzsche

    Please note that at no point during this work was the kettle ever put out of commission and no chavs were harmed during the making of this post.
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Muscle750 wrote: »
    And yet they only pay the body shop repairers £30 per hr labour max and get given huge discounts on parts paint etc.....................never see a insurance co go bust

    Enterprise and Gable both went bust last year
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    Which company did you use?

    Lancaster. (I have to add more words for some reason).
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • jimjames
    jimjames Posts: 18,695 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Muscle750 wrote: »
    .....................never see a insurance co go bust

    Other than the ones that have...AIG for example
    Remember the saying: if it looks too good to be true it almost certainly is.
  • rs65
    rs65 Posts: 5,682 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    jimjames wrote: »
    Other than the ones that have...AIG for example

    Wasn't it bailed out?
  • rudekid48
    rudekid48 Posts: 2,382 Forumite
    Part of the Furniture 1,000 Posts
    rs65 wrote: »
    Wasn't it bailed out?

    Yep and still around today
    All matter is merely energy condensed to a slow vibration, we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.
  • Muscle750
    Muscle750 Posts: 1,075 Forumite
    Many smaller insurance companies that have fell by the wayside are nothing more than off shoots of much larger organisations in the industry. A few years ago Aviva were paying a fixed figure for a repair wether it was a scratch on a door handle or chassis legs and complete front ends, it started at £1100 a repair then each year it went down until it finished. Obviously some jobs you made money on others like one job recently done was a £11k repair you lost everything plus more. Thankfully that setup has finished, Trouble is when someone goes to buy a car they look at it totally different to when they come to see it after its been repaired and stuff that is non accident related the insurance company tell you to do it because they want the customer to renew their policy and keep them happy.
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Muscle750 wrote: »
    Many smaller insurance companies that have fell by the wayside are nothing more than off shoots of much larger organisations in the industry.

    Which larger organisations were Gable and Enterprise part of?
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    rudekid48 wrote: »
    Yep and still around today

    There were to big to fail and would have caused too many problems in America if they had not been bailed out for $90b.
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