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Car insurance and missing no claims

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You might have a very good reason to have an insurance company 'friendly' opinion.

But basically what's it to do with earning merit points by being a paying customer? They invariably give 'new' customers a better deal on their quote than repeat customers anyway, haven't you noticed?

It was mentioned that insurance companies have people by Law over a barrel. Especially if insurance companies all keep in line with each other.

If they want to be at all **fair** and not take advantage, they would not treat someone over thirty years of age with fifteen years of clean driving to be treated like a youngster who is a first time new driver. Not the same level of *risk* is it?

We all know why they take such advantage dont we. Not that sense of entitlement again is it? Perhaps their brothers and cousins are all Bankers?

Reply to
john woods
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Not IME.

But they don't. The motor insurance market is *very* competitive. Just look at the range of prices you get when you use an online service.

Since when did profit-making businesses want to be any more fair than the law requires? They are there to make money.

Someone who is over thirty, and a new driver, will still pay less than a youngster. Someone who is over thirty, with a *verifiable* history of 'clean' driving will pay less again. It would seem your son has no recognisable way of verifying his driving history, so how can an insurer take that into account?

You are talking like the insurance companies are privately owned by individual people; I'm pretty sure that's not the case.

Chris

Reply to
Chris Whelan

An insurance specialist recently said that if you stay with a home or car insurance company for more than two years, you'll be missing out on better deals elsewhere.

It's worth pointing out that you pay tax to the government on your insurance premiums, plus a £30-£40 surcharge for uninsured drivers, plus the same again because of the amount of fraud eg deliberate accidents and bogus whiplash claims.

If true that's rather interesting. It's well known that the older you are before you start to learn to drive, the more lessons you will need on average. Logically there should be some sort of trade-off between the longer reaction times etc of older first-time drivers against the impetuosity and temptation to show off of younger first-time drivers.

Perhaps they themselves are Bankers - direct Line and Churchill, for example.

Adrain

Reply to
anonymous

I can almost always beat my renewal premium, even if I stay with the same company. I've never had a renewal quote for less than the previous year even though I was older and had more NCBs.

But only for the first year. And, FWIW, I can often beat online quotes by using a decent insurance broker.

To be pedantic insurers never have a verifiable history of clean driving. They only know if you've had any claims. You may not have driven the car at all. If the son has driven cars on someone else's insurance then this is no different.

Reply to
Mark

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