Car Insurance Article Discussion

beckah

Hi has anyone got any valid Tesco value car insurance codes? Thanks in advance any help appreciated.

paulblake01

be cancelled without charge?

I just wonder because martin lewis is pushing us to shop around

clodaghruby

Hi All, this isn't a joke website... it's something i think is a fab idea and will help make our streets a safer place for all motorists.

Check out this link http://www.dobinadriver.co.uk

While they're trying to recruit police forces you can register your interest and support on the site. Once they have a police force on board in your area they'll email you and you can register to send anonymouse information about any uninsured drivers you know.

It says on the site that insurance companies pop about £60 on our policies to make up for uninsured drivers... plus it's a real hassle if you're ever hit by one.

If you complete the registration form then they can use the number of people who have shown interest to try and get more police forces on board.
It's a fab idea, just have a look at the site and register.

PLus they have a facebook group - http://www.facebook.com/group.php?gid=12124286233&ref=mf

reallyjammyjam

Just a quick note to say that it is not necessarily cheaper to go Third Party rather then TPFT, it certainly wasn't for me and I saved around £40 by going for the more 'expensive' cover! I have no idea why this is but I found it with more than one company, online and over the phone.

KPG_2

Insured 'Third Party'! Beware! My son was insured 'Third Party' when he had an accident in his car last year. Today (13 months on) he has been sent a cheque for HALF of what the car was worth. According to his insurers (Endsleigh) as case was settled as 'Knock for Knock' (this seemed fair enough at the time) and the insurance was 'Third Party' my son will only be awarded HALF the value of the car. Now, as he has lost his no claims, his insurance on his replacement car has increased by far more, in fact by more than the actual insurance payout! I have never heard of this 'Half' payment rule before and at no time, during the 13 months it took for the insurance company to sort out this very straight forward claim, was my son ever told about it, nor is it mentioned anywhere in his policy. So in a nut shell it has actually COST my son dearly. He would have been better off scrapping the car himself and not claiming at all!!
Has anybody else out there had a similar problem.Please do let us know.

klint

I don't understand what you're saying. Third party means your insurance company will pay only for damage you've done to the other person's car. So why is your son's insurance company paying anything at all for damage to his own car? Is it some sort of goodwill gesture?

KPG_2

My son was informed that insurance would be payed to him as it was a 'Knock for Knock' incident, where both parties were equally to blame. Yes, he was lucky that the incident wasn't all his fault and he is thankful to receive any payout at all. However it is confusing when the insurance company agree he has a claim, tell him how much his car was worth and then send a cheque for half that amount. He would have been happier I think if his policy had outlined rules on 'Knock for Knock' incidents or if his insurance company had of told him right from the start. Oh well we all live and learn and at the end of the day we are all very grateful that nobody was hurt in the accident.

klint

I haven't got experience of knock-for-knock claims personally, but when I think about it, it all seems fair to me. Consider the following scenarios:

A. If it was entirely your son's fault, then your son's insurance company would have paid the other person's damages, your son would have lost his no claims bonus, and he would have got absolutely nothing for the damage to his car.

B. If it was entirely the other person's fault, then your son would have claimed damages from the other person's insurance. The other person would have lost his no claims and would have received nothing for the damage to his car.

C. As it happens, it was deemed that the two parties share the fault. So they share the damages. This is exactly a half-way house between scenarios A and B. Therefore, you son (and the other driver) both get exactly the mid-point of what they would have got between A and B. In other words, half the amount.

What you're saying is you were expecting your son to get the full amount. That's what he would have got if he had comprehensive insurance. That would be unfair to all those who have bought comprehensive cover: they would say what's the point of paying a higher premium if it doesn't get me anything more than third-party cover?

You also say your son would have been better off not making a claim. That's not the case: he would still have needed to pay damages to the other driver, as well as for his own car. (Unless, of course, both drivers had agreed that they were both to blame and made a gentlemen's agreement to settle knock-for-knock themselves without involving their insurance companies. That, perhaps, would have been the best option. But it can be difficult as it requires the co-operation of the other party.)

snottraggs

sorry for butting in (no pun intended) but doing as Martin suggested I started getting quotes a few months before my insurance was due with these compare websites. my car insurance is due soon so I did another round of searches and found for the same thing was more expensive so as I had saved the earlier quotes I could use them. So its really worth getting a few rounds of searches and with the same company only a month apart there was £50 difference - which is better in my pocket than theirs!!!:j

Plus the range of prices I got was amasing - from £220 to nearly 1K!!! been driving for 10 years now so expected it to go down not up!!!

cgw1

Is it lawful that insurance companies can ask for details on offences for 5 years when the law only penalises someone for 3 years on their licence?