Insurance - Have You Had An Accident In Last 5 Years?

kmb500

Richard53 wrote: »

But insurance companies base their premiums on risk, not fault.


You could have a hundred accidents a year that were not your fault, but your insurer would be justified in regarding you as a high-risk customer and adjust your premium accordingly.

agree to disagree. I think the government should have much more control over insurance rates and keep them lower for everyone.

AdrianC

kmb500 wrote: »

agree to disagree. I think the government should have much more control over insurance rates and keep them lower for everyone.

If insurers really were the profiteering scammers that they're often made out to be, then why doesn't somebody just come in with much lower premiums, and take a huge swathe of the market?

Or are you suggesting that tax payers should subsidise insurance for the higher-risk driver?

I have three policies at the moment - the premiums are all less than £150 for the year, fully comp.

Car_54

kmb500 wrote: »

Also why would medical treatment be limited by your bank account? Have you heard of the NHS?

Your faith in the NHS is touching, but mis-placed.

The availability of non-emergency services such as physiotherapy can be very limited in some areas, and even if freely available tends to be a '9 to 5' service. Even if you can obtain all the treatment you need on the NHS, your bank account can be badly hit through having to take time off work.

My comments come from bitter personal experience of trying to arrange rehabilitation for a close relative.