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*Sigh* Insurance.

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Willson
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Joined: 26 Jun 2010
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PostPosted: 14:35 - 09 Jul 2010    Post subject: *Sigh* Insurance. Reply with quote

Am I alone in thinking that it's all a massive f*cking con?

I phone up my insurance company about the price hike of moving to a nicer area (quieter, less crime, etc), only to find out that they charged me for the privilige of moving house: A so called administration fee or something or other else. Because it obviously costs lots and lots to tell the underwriters and modify a couple of lines of information... Mad

Moan over.

Any thoughts/experiences?

Willson
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Kickstart
The Oracle



Joined: 04 Feb 2002
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PostPosted: 14:43 - 09 Jul 2010    Post subject: Reply with quote

Hi

It is a con, but seems to be an industry wide accepted con. To be honest a small fee is probably reasonable, but the fees charged are often far from small.

All the best

Keith
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Ingah
World Chat Champion



Joined: 10 Apr 2009
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PostPosted: 14:58 - 09 Jul 2010    Post subject: Reply with quote

Kickstart wrote:
Hi

It is a con, but seems to be an industry wide accepted con. To be honest a small fee is probably reasonable, but the fees charged are often far from small.

All the best

Keith

+1.
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Willson
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Joined: 26 Jun 2010
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PostPosted: 14:59 - 09 Jul 2010    Post subject: Reply with quote

It would appear that I'm not alone in thinking this Wink
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Ste
Not Work Safe



Joined: 01 Sep 2002
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PostPosted: 15:04 - 09 Jul 2010    Post subject: Reply with quote

How much are they asking for?

Insurance brokers can offer cheap annual premiums if they charge excessive admin fees for simple tasks. There are insurers and/or broker who are reasonable with their admin fees (ie, they don't charge for simple changes to the policy) but you've got to ask about admin fees when phoning around for quotes.
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Willson
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Joined: 26 Jun 2010
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PostPosted: 15:13 - 09 Jul 2010    Post subject: Reply with quote

All in all there was about another £50 added to my policy which I've now had removed, and I've decided to not add someone as a named rider on my policy as they'll probably whack more fees on top of (understandably) increasing my premium for adding on a beginner.

But such is life I suppose. Getting the fees removed was a rather painless process this time around (just lots of "please stay on hold"). So all I can do is be a good boy, otherwise they'll probably add on a £75 fee in the event of processing a claim... Shocked
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Benson: Wouldn't life be easier if we were all turtles?
Me: Pig on bread = The way forward.
Riding: '00 Suzuki SV650S. Previous: '99 Kawasaki ER5 - sold, '02 Suzuki GZ125 Marauder - sold
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Nicky-Jano
Could Be A Chat Bot



Joined: 20 Feb 2007
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PostPosted: 15:51 - 09 Jul 2010    Post subject: Reply with quote

When I passed my motorbike test they charged me for telling them!!
They didn't even give me money back which they should have as my insurance premium had come down due to the full licence, I'd only had policy out a month too! Confused
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RussG
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Joined: 14 Sep 2008
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PostPosted: 16:42 - 09 Jul 2010    Post subject: Reply with quote

So many peopl driving uninsured nowadays they have to try and recoup costs somehow. Unfortunatly that's passed down to us guys.
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Polarbear
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Joined: 24 Feb 2007
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PostPosted: 17:57 - 09 Jul 2010    Post subject: Reply with quote

RussG wrote:
So many peopl driving uninsured nowadays they have to try and recoup costs somehow. Unfortunatly that's passed down to us guys.


And the problem is that the fine when (if) they are caught is less than the insuance would cost them. No brainer in some peoples eyes Evil or Very Mad
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Ste
Not Work Safe



Joined: 01 Sep 2002
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PostPosted: 18:06 - 09 Jul 2010    Post subject: Reply with quote

RussG wrote:
So many peopl driving uninsured nowadays they have to try and recoup costs somehow. Unfortunatly that's passed down to us guys.

How did you work that one out? Confused

Uninsured drivers are safer than those who insurance.

Kickstart wrote:
Interesting to note that they claim the 2m uninsured drivers cause 160 deaths a year. With (say) 30m drivers that means one in 15 uninsured, so 15*160 would mean there should only be 2400 deaths. Rather more are killed so it seems the uninsured drivers are safer Twisted Evil .
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Kickstart
The Oracle



Joined: 04 Feb 2002
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PostPosted: 18:17 - 09 Jul 2010    Post subject: Reply with quote

Ste wrote:
RussG wrote:
So many peopl driving uninsured nowadays they have to try and recoup costs somehow. Unfortunatly that's passed down to us guys.

How did you work that one out? Confused

Uninsured drivers are safer than those who insurance.


Costs might be marginally smaller, but there is no revenue from them to pay for those costs.

All the best

Keith
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RussG
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PostPosted: 20:35 - 09 Jul 2010    Post subject: Reply with quote

Ste wrote:
RussG wrote:
So many peopl driving uninsured nowadays they have to try and recoup costs somehow. Unfortunatly that's passed down to us guys.

How did you work that one out? Confused

Uninsured drivers are safer than those who insurance.

Kickstart wrote:
Interesting to note that they claim the 2m uninsured drivers cause 160 deaths a year. With (say) 30m drivers that means one in 15 uninsured, so 15*160 would mean there should only be 2400 deaths. Rather more are killed so it seems the uninsured drivers are safer Twisted Evil .
Dont have an opinion on who's safer or not. Just know from personal experience, getting hit by somebody with no insurance is a ball ache. My insurance company didn't charge me, they didn't charge anybody infact for the repair.
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