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| hmmmnz |
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 hmmmnz Super Spammer

Joined: 22 Aug 2006 Karma :   
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 Posted: 22:44 - 05 Aug 2010 Post subject: |
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its common sense really,
you made a contract, why would the insurance company just let you out of it with no repercussions, the world doesnt work like that im afraid,
keep the policy, when you get a new bike, just add it to that policy,
it'll probably only cost you admin fees
no brainer really, and at the end of the year you have ncb as well ____________________ the humans are dead
I kick arse for the lord
Wiring Diagrams BIDNIP it bitches |
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| arry |
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 arry Super Spammer
Joined: 03 Jan 2009 Karma :    
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 Posted: 22:48 - 05 Aug 2010 Post subject: |
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| Villers wrote: | Yeah I completely agree, but theres so many that do it you may end up having to accept such terms or pay disproportionately higher insurance. Insurance is a legal requirement, these people with their investors are making money from that and there should be some legislation that protects the user from such devious acts. |
Not to make a fuss or anything, but:
1) These people and their investors making money from that....
Motor insurance is a basket case and has been for a few years at least now. It's a sick line of business that's in fix mode for just about every major insurer. Motor hasn't made money, for a fair old while.
2) There should be some legislation which protects....
There already is; it's called FSA ICOB4 and falls broadly in line with the principles of "Treating Customers Fairly".
You are entitled to receive before placing your insurance a full statement of fact of the information you've provided along with a full policy wording and schedule, and full broking terms and conditions which you may peruse to your heart's content before buying. If you do buy, even after that event you have 14 whole days cooling off period in which you can change your mind about the whole thing and send everything back with minimal administration fees only chargeable. TBH, if someone can't be arsed to read the T&C's on something as important as an insurance policy before, or indeed within 14 days after buying the damn thing then, IMO, that's very naive. |
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| Villers |
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 Villers World Chat Champion

Joined: 13 Sep 2004 Karma :  
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 Posted: 23:39 - 05 Aug 2010 Post subject: |
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Arry, while I totally agree that giving written T's and C's is very fair it doesnt mean that the contents are. You would be hard pushed to find an insurer that would be fair and as a consumer that HAS to purchase the product from somewhere you end up accepting one evil or another.
The fact that insurance companies struggle to make ends meet, on the other hand, keeps me awake with a broken heart every night! Perhaps they should stop actively trying to screw over every customer and encouraging people to claim for non existing injuries when they think a rival will be footing the bill. In short, f@ck em!  ____________________ RS125 > CBR6 > SV650S > ZX636R > GSX1300RZ Hayabusa > 06 RSVR Mille > SV1000S > Street Triple 765 RS |
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| ssruk |
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 ssruk Nitrous Nuisance
Joined: 10 Jan 2010 Karma :     
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| Welshd1k |
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 Welshd1k World Chat Champion
Joined: 03 Oct 2006 Karma :  
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 Posted: 17:00 - 06 Aug 2010 Post subject: Re: Insurance - rediculous |
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[quote="binge"]The next bike I buy, I'm not even going to bother insuring it.
Just rang up to cancel the B12 insurance as It's £40 a month I
They wanted £141.70 off me to cancel it!!! The policy is only £320!
quote]
i make that 480? ____________________ Current >Cb600fx hornet, ns125rk90 21.7bhp@wheel<
Sold >,zxr400 h2 (33bhp kit) rd350 n1 rd350 lc2< |
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| iooi |
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 iooi Super Spammer

Joined: 14 Jan 2007 Karma :    
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| Villers |
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 Villers World Chat Champion

Joined: 13 Sep 2004 Karma :  
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| binge |
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 binge Emo Kiddy

Joined: 03 Jul 2004 Karma :   
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 Posted: 23:38 - 06 Aug 2010 Post subject: Re: Insurance - rediculous |
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[quote="Welshd1k"] | binge wrote: | The next bike I buy, I'm not even going to bother insuring it.
Just rang up to cancel the B12 insurance as It's £40 a month I
They wanted £141.70 off me to cancel it!!! The policy is only £320!
quote]
i make that 480? |
You only make 10 monthly payments. (£400)
£320 insurance, £80 interest.
Cheers
Ben |
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| Welshd1k |
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 Welshd1k World Chat Champion
Joined: 03 Oct 2006 Karma :  
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| Dibble |
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 Dibble Scooby Slapper
Joined: 17 Jul 2007 Karma :     
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 Posted: 13:53 - 07 Aug 2010 Post subject: |
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2 months into a policy my wifes car broke down and she used the breakdown insurance which is part of the policy to have it towed.
It was uneconomic to repair so we scrapped it.
She phoned to cancel the policy which cost £450, they offered 10 months worth of £300 as the policy cost £300 and the breakdown part cost £150 and as we had used that the remainder was not refundable.
So £150 for a 1 mile tow then
The £450 premium was the cheapest total cost apparently, even though it seems at lot to me, I say seems a lot what I actually said when she told me was more like "F***k me I know someone who only pays £600 for an Imperetza are you sure that sounds like a piss take to me, robbing bastards ,etc" |
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| Casper |
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 Casper World Chat Champion
Joined: 12 Jul 2010 Karma :   
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| Redoko |
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 Redoko World Chat Champion

Joined: 04 Nov 2009 Karma :    
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| iooi |
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 iooi Super Spammer

Joined: 14 Jan 2007 Karma :    
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| wringle |
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 wringle Derestricted Danger
Joined: 05 Oct 2010 Karma :    
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 Posted: 17:27 - 08 Oct 2010 Post subject: |
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I don't have it and I don't trust it...human insurance is bad enough with all the small print. My dog insurance is Master Card, it's the only "insurance" I'd recommend. It covers everything, literally! Good luck though if you feel you really must purchase insurance! ____________________ Insurance reviews |
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Old Thread Alert!
The last post was made 15 years, 328 days ago. Instead of replying here, would creating a new thread be more useful? |
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